BWS Financial Predicts Stronger Earnings for Garrett Motion

Garrett Motion Inc. (NYSE:GTXFree Report) – Stock analysts at BWS Financial raised their FY2025 EPS estimates for shares of Garrett Motion in a research note issued to investors on Friday, October 24th. BWS Financial analyst H. Khorsand now anticipates that the company will earn $1.43 per share for the year, up from their prior estimate of $1.42. BWS Financial currently has a “Buy” rating and a $18.00 target price on the stock. The consensus estimate for Garrett Motion’s current full-year earnings is $1.25 per share. BWS Financial also issued estimates for Garrett Motion’s Q4 2026 earnings at $0.38 EPS and FY2026 earnings at $1.57 EPS.

A number of other research firms also recently issued reports on GTX. Zacks Research upgraded shares of Garrett Motion from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 1st. BNP Paribas initiated coverage on shares of Garrett Motion in a research report on Wednesday, July 16th. They set an “outperform” rating on the stock. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Garrett Motion in a research report on Monday, October 20th. They set a “hold” rating and a $14.00 target price on the stock. Stifel Nicolaus set a $20.00 target price on shares of Garrett Motion in a research report on Friday. Finally, BNP Paribas Exane initiated coverage on shares of Garrett Motion in a research report on Wednesday, July 16th. They set an “outperform” rating and a $14.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Garrett Motion currently has a consensus rating of “Buy” and an average target price of $16.50.

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Garrett Motion Stock Performance

NYSE:GTX opened at $17.05 on Monday. The firm’s fifty day moving average is $13.36 and its 200-day moving average is $11.81. Garrett Motion has a 52 week low of $7.01 and a 52 week high of $17.53. The firm has a market cap of $3.44 billion, a P/E ratio of 13.43 and a beta of 0.37.

Garrett Motion (NYSE:GTXGet Free Report) last posted its quarterly earnings data on Thursday, October 23rd. The company reported $0.38 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.04. Garrett Motion had a net margin of 8.12% and a negative return on equity of 38.75%. During the same period last year, the company posted $0.24 EPS. The business’s revenue was up 9.2% on a year-over-year basis. Garrett Motion has set its FY 2025 guidance at EPS.

Institutional Trading of Garrett Motion

Several institutional investors have recently made changes to their positions in the company. Gates Capital Management Inc. grew its stake in shares of Garrett Motion by 53.1% in the 1st quarter. Gates Capital Management Inc. now owns 6,795,553 shares of the company’s stock worth $56,879,000 after acquiring an additional 2,358,294 shares in the last quarter. William Blair Investment Management LLC grew its stake in shares of Garrett Motion by 2.6% in the 2nd quarter. William Blair Investment Management LLC now owns 5,110,528 shares of the company’s stock worth $53,712,000 after acquiring an additional 128,479 shares in the last quarter. New South Capital Management Inc. grew its position in Garrett Motion by 65.3% during the first quarter. New South Capital Management Inc. now owns 4,164,333 shares of the company’s stock valued at $34,855,000 after buying an additional 1,645,460 shares during the period. Geode Capital Management LLC grew its position in Garrett Motion by 92.3% during the second quarter. Geode Capital Management LLC now owns 3,053,869 shares of the company’s stock valued at $32,100,000 after buying an additional 1,466,048 shares during the period. Finally, Eubel Brady & Suttman Asset Management Inc. grew its position in Garrett Motion by 37.1% during the second quarter. Eubel Brady & Suttman Asset Management Inc. now owns 2,925,770 shares of the company’s stock valued at $30,750,000 after buying an additional 791,177 shares during the period. Institutional investors own 86.27% of the company’s stock.

Insider Buying and Selling at Garrett Motion

In other Garrett Motion news, major shareholder Cyrus Capital Partners, L.P. sold 1,300,000 shares of the company’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $13.00, for a total transaction of $16,900,000.00. Following the transaction, the insider owned 21,128,348 shares in the company, valued at approximately $274,668,524. This represents a 5.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Centerbridge Credit Partners M sold 9,000,000 shares of the company’s stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $12.27, for a total transaction of $110,430,000.00. Following the transaction, the insider owned 4,740,569 shares in the company, valued at approximately $58,166,781.63. The trade was a 65.50% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 11,542,211 shares of company stock worth $143,784,583. Corporate insiders own 0.83% of the company’s stock.

Garrett Motion Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Monday, December 1st will be issued a dividend of $0.08 per share. The ex-dividend date is Monday, December 1st. This is a positive change from Garrett Motion’s previous quarterly dividend of $0.06. This represents a $0.32 annualized dividend and a yield of 1.9%. Garrett Motion’s dividend payout ratio is currently 15.29%.

About Garrett Motion

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Garrett Motion Inc, together with its subsidiaries, designs, manufactures, and sells turbocharging, air and fluid compression, and high-speed electric motor technologies for original equipment manufacturers and distributors worldwide. The company offers cutting-edge technology for the mobility and industrial space, including light vehicles, commercial vehicles, and industrial applications.

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Earnings History and Estimates for Garrett Motion (NYSE:GTX)

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