Garrett Motion (NASDAQ:GTX) Given “Buy” Rating at BWS Financial

BWS Financial reissued their buy rating on shares of Garrett Motion (NASDAQ:GTX) in a report issued on Thursday,Benzinga reports. BWS Financial currently has a $42.00 price target on the stock.

GTX has been the topic of several other research reports. Weiss Ratings reissued a “buy (b)” rating on shares of Garrett Motion in a report on Friday, July 24th. Zacks Research cut Garrett Motion from a “strong-buy” rating to a “hold” rating in a report on Monday, July 13th. Deutsche Bank Aktiengesellschaft upgraded Garrett Motion from a “hold” rating to a “buy” rating and increased their target price for the company from $33.00 to $36.00 in a research report on Thursday. JPMorgan Chase & Co. lifted their price target on Garrett Motion from $30.00 to $33.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. Finally, Royal Bank Of Canada set a $42.00 price objective on shares of Garrett Motion in a research note on Thursday, May 21st. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $37.80.

Garrett Motion Price Performance

Shares of NASDAQ:GTX opened at $31.01 on Thursday. The company has a market cap of $5.80 billion, a price-to-earnings ratio of 17.04, a PEG ratio of 0.85 and a beta of 0.78. The firm has a 50 day simple moving average of $32.70 and a 200 day simple moving average of $24.84. Garrett Motion has a one year low of $12.26 and a one year high of $36.25.

Garrett Motion (NASDAQ:GTX) last issued its earnings results on Wednesday, July 29th. The company reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.07. The firm had revenue of $976.00 million for the quarter. Garrett Motion had a net margin of 9.51% and a negative return on equity of 46.50%. The business’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.42 EPS. As a group, analysts expect that Garrett Motion will post 1.81 EPS for the current year.

Garrett Motion Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a $0.08 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.32 annualized dividend and a yield of 1.0%. Garrett Motion’s dividend payout ratio (DPR) is presently 17.58%.

Insider Buying and Selling

In other news, SVP Thierry Mabru sold 70,000 shares of the firm’s stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $33.00, for a total value of $2,310,000.00. Following the transaction, the senior vice president owned 147,956 shares in the company, valued at $4,882,548. This trade represents a 32.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mark Albert Rodrigues sold 10,516 shares of Garrett Motion stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $33.82, for a total value of $355,651.12. Following the transaction, the senior vice president directly owned 83,178 shares in the company, valued at approximately $2,813,079.96. The trade was a 11.22% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 213,834 shares of company stock worth $6,918,710 over the last 90 days. Company insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On Garrett Motion

Several institutional investors have recently bought and sold shares of the stock. Fuller & Thaler Asset Management Inc. bought a new position in Garrett Motion during the 4th quarter valued at $180,383,000. Arrowstreet Capital Limited Partnership boosted its holdings in Garrett Motion by 170.9% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 5,139,439 shares of the company’s stock worth $89,580,000 after acquiring an additional 3,241,952 shares during the last quarter. Merewether Investment Management LP bought a new stake in shares of Garrett Motion in the 3rd quarter worth $40,590,000. BlueCrest Capital Management Ltd bought a new stake in shares of Garrett Motion in the 3rd quarter worth $36,539,000. Finally, Apis Capital Advisors LLC raised its holdings in shares of Garrett Motion by 1,492.9% in the fourth quarter. Apis Capital Advisors LLC now owns 2,230,000 shares of the company’s stock valued at $38,869,000 after purchasing an additional 2,090,000 shares during the last quarter. Institutional investors own 86.27% of the company’s stock.

Garrett Motion News Summary

Here are the key news stories impacting Garrett Motion this week:

• Positive Sentiment: Strong Q2 performance: Garrett reported earnings of $0.53 per share, exceeding the $0.46 analyst consensus and rising from $0.42 a year earlier. Revenue increased 6.9% year over year to $976 million. Adjusted EBIT was $152 million, while adjusted free cash flow reached $122 million. Garrett Motion Reports Strong Second Quarter 2026 Results, Increases 2026 Outlook
• Positive Sentiment: Improved 2026 outlook: Management increased its full-year guidance and forecast revenue of $3.7 billion to $3.9 billion, broadly consistent with the approximately $3.8 billion consensus estimate. The company cited demand gains in passenger vehicles and strength in commercial vehicles and industrial markets. Garrett Motion Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: New business wins support future growth: Garrett secured turbocharger programs in North America, China, and India, awards for its MEG technology used in data-center generators, and production awards for industrial air-compression technology. It also began developing a commercial-vehicle electric powertrain with a Japanese truck maker. Garrett Motion Reports Strong Second Quarter 2026 Results, Increases 2026 Outlook
• Positive Sentiment: Analyst sentiment improved: Deutsche Bank upgraded GTX from “hold” to “buy” and raised its price target from $33 to $36. BWS Financial reaffirmed its “buy” rating and set a $42 target, reinforcing expectations for additional upside. Deutsche Bank Upgrades Garrett Motion to Buy
• Neutral Sentiment: Dividend announced: Garrett declared a quarterly dividend of $0.08 per share, payable September 15 to shareholders of record September 1. The payout provides modest income support, with an indicated yield of approximately 1%.

About Garrett Motion

Garrett Motion Inc is a technology leader specializing in the design, development and manufacture of turbocharging systems and related technologies for the global automotive industry. Its product portfolio includes conventional exhaust gas turbochargers, variable-geometry turbochargers, electric and e-boost turbochargers, as well as electronic actuators, sensors and thermal management systems. The company’s solutions are engineered to improve engine efficiency, reduce emissions and support automakers’ efforts to meet evolving regulatory standards for fuel economy and air quality.

Garrett Motion traces its roots to the founding of AiResearch by Cliff Garrett in 1936, a pioneer in aircraft and automotive turbocharging technologies.