Insider Selling: Garrett Motion (NYSE:GTX) SVP Sells $405,800.00 in Stock

Garrett Motion Inc. (NYSE:GTX) SVP Daniel Deiro sold 20,000 shares of Garrett Motion stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $20.29, for a total value of $405,800.00. Following the completion of the sale, the senior vice president owned 160,994 shares in the company, valued at $3,266,568.26. This represents a 11.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Daniel Deiro also recently made the following trade(s):

• On Wednesday, February 25th, Daniel Deiro sold 13,000 shares of Garrett Motion stock. The stock was sold at an average price of $20.31, for a total value of $264,030.00.

Garrett Motion Trading Down 0.5%

Shares of NYSE:GTX opened at $20.36 on Monday. The company has a market capitalization of $3.87 billion, a price-to-earnings ratio of 16.03 and a beta of 0.33. Garrett Motion Inc. has a 12-month low of $7.01 and a 12-month high of $21.42. The business has a 50-day moving average price of $18.73 and a 200 day moving average price of $16.20.

Garrett Motion (NYSE:GTX) last announced its earnings results on Thursday, February 19th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.03. Garrett Motion had a net margin of 8.12% and a negative return on equity of 38.75%. The business’s revenue was up 5.6% compared to the same quarter last year. As a group, equities research analysts predict that Garrett Motion Inc. will post 1.25 earnings per share for the current fiscal year.

Garrett Motion announced that its Board of Directors has initiated a share repurchase plan on Wednesday, December 3rd that permits the company to repurchase $250.00 million in outstanding shares. This repurchase authorization permits the company to buy up to 7.7% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

Garrett Motion Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 1.6%. The ex-dividend date is Monday, March 2nd. Garrett Motion’s dividend payout ratio (DPR) is 21.05%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on GTX. BWS Financial lifted their price objective on Garrett Motion from $18.00 to $22.00 and gave the company a “buy” rating in a research note on Friday, December 12th. Zacks Research downgraded Garrett Motion from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Stifel Nicolaus increased their price target on shares of Garrett Motion from $20.00 to $21.00 and gave the stock a “buy” rating in a research report on Tuesday, December 16th. Finally, JPMorgan Chase & Co. assumed coverage on shares of Garrett Motion in a research note on Wednesday, December 17th. They issued an “overweight” rating and a $23.00 price objective for the company. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Garrett Motion has an average rating of “Moderate Buy” and an average price target of $18.80.

More Garrett Motion News

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

• Positive Sentiment: Garrett won a China e‑bus e‑cooling contract, a product win that supports growth into electrified commercial vehicles and could expand addressable market and aftermarket revenue. Garrett’s China E-Bus E-Cooling Win
• Positive Sentiment: Institutional buying/momentum: Harbor Mid Cap Value Fund added GTX, a vote of confidence from a mid‑cap manager that can help drive demand. Harbor Mid Cap Value Fund Adds GTX
• Positive Sentiment: Corporate returns to shareholders: the company recently declared a quarterly dividend ($0.08/share) and has an active $250M buyback authorization (up to ~7.7% of shares), both supportive of the share price and signaling management’s confidence in cash generation. MarketBeat: GTX Profile
• Neutral Sentiment: Recent financials: Garrett beat the quarter on EPS ($0.42 vs. $0.39) and revenue grew ~5.6% year‑over‑year — healthy operational data but mixed longer‑term returns (negative ROE). MarketBeat: Earnings Summary
• Negative Sentiment: Significant insider selling: CEO Olivier Rabiller sold large blocks (143k and 144k shares across Feb. 25–27; SEC filings), and other insiders including SVP Daniel Deiro and Director Julia Steyn also sold material stakes. Large, clustered insider sales are creating near‑term downward pressure and investor concern about timing. Rabiller SEC Filing Deiro SEC Filing Director Sale Alert

Hedge Funds Weigh In On Garrett Motion

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Cullen Frost Bankers Inc. raised its stake in shares of Garrett Motion by 7,110.0% during the fourth quarter. Cullen Frost Bankers Inc. now owns 1,442 shares of the company’s stock worth $25,000 after purchasing an additional 1,422 shares during the last quarter. Spire Wealth Management increased its stake in Garrett Motion by 971.2% in the 4th quarter. Spire Wealth Management now owns 1,489 shares of the company’s stock valued at $26,000 after buying an additional 1,350 shares during the period. Global Retirement Partners LLC raised its position in Garrett Motion by 156.7% during the 4th quarter. Global Retirement Partners LLC now owns 1,589 shares of the company’s stock worth $28,000 after buying an additional 970 shares during the last quarter. TD Waterhouse Canada Inc. raised its position in Garrett Motion by 1,422.3% during the 4th quarter. TD Waterhouse Canada Inc. now owns 1,705 shares of the company’s stock worth $30,000 after buying an additional 1,593 shares during the last quarter. Finally, Jones Financial Companies Lllp acquired a new stake in shares of Garrett Motion in the 1st quarter worth $42,000. Hedge funds and other institutional investors own 86.27% of the company’s stock.

Garrett Motion Company Profile

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.