Garrett Motion (NASDAQ:GTX) Issues Quarterly Earnings Results, Beats Estimates By $0.06 EPS

Garrett Motion (NASDAQ:GTX) announced its quarterly earnings data on Thursday. The company reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.06, Briefing.com reports. Garrett Motion had a negative return on equity of 39.65% and a net margin of 8.65%.The business’s quarterly revenue was up 12.2% on a year-over-year basis.

Garrett Motion Price Performance

Shares of GTX traded up $5.12 during trading hours on Thursday, reaching $25.61. 7,340,212 shares of the company’s stock traded hands, compared to its average volume of 1,725,543. The firm has a market capitalization of $4.82 billion, a price-to-earnings ratio of 16.85, a P/E/G ratio of 0.86 and a beta of 0.44. Garrett Motion has a twelve month low of $9.57 and a twelve month high of $25.77. The business’s fifty day simple moving average is $19.08 and its two-hundred day simple moving average is $17.90.

Garrett Motion Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Monday, June 1st. Garrett Motion’s dividend payout ratio (DPR) is 21.05%.

More Garrett Motion News

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

• Positive Sentiment: Q1 results beat estimates: GAAP EPS $0.49 vs. $0.43 consensus and revenue rose ~12% to $985M; net income $95M and adjusted EBIT margin ~15.3%, signaling improving profitability and topline momentum. Globe Newswire: Q1 Results
• Positive Sentiment: Company raised its full-year 2026 outlook (management described a higher outlook in the release), which, together with the beat, supports investor confidence in forward earnings and demand. Outlook Raise
• Positive Sentiment: Operational wins: multiple new light-vehicle turbo programs, commercial vehicle and industrial awards (including E-Powertrain and E‑Cooling production awards), which support future revenue and EV-related growth opportunities. Business Highlights
• Positive Sentiment: Board declared a quarterly cash dividend of $0.08/share (record June 1, payable June 15), providing income to shareholders and signaling confidence in cash flow (annualized yield ~1.2%).
• Positive Sentiment: Product/market development: coverage noting Garrett’s oil‑free compressors entering battery cooling units could expand addressable market in EV battery thermal management. Yahoo: Oil-Free Compressors
• Neutral Sentiment: FY2026 revenue guidance was reiterated/updated around a $3.6–$3.9B range (close to consensus ~$3.7B), so while guidance is healthy it’s not dramatically above street expectations; investors will watch margin and EPS translation.
• Negative Sentiment: Some legacy metric concerns: the company still shows a negative return on equity historically (~-38.8% noted in reports), which highlights past capital structure/earnings issues investors may scrutinize despite recent improvement.

Analyst Ratings Changes

A number of equities research analysts have issued reports on GTX shares. Weiss Ratings started coverage on Garrett Motion in a research note on Wednesday. They issued a “buy (b)” rating on the stock. BWS Financial reiterated a “buy” rating and issued a $32.00 target price (up from $22.00) on shares of Garrett Motion in a research note on Thursday. Finally, Freedom Capital upgraded Garrett Motion to a “strong-buy” rating in a research note on Monday, April 6th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Garrett Motion currently has an average rating of “Moderate Buy” and a consensus target price of $20.80.

Insider Activity

In other news, SVP Daniel Deiro sold 20,000 shares of the firm’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $20.29, for a total transaction of $405,800.00. Following the transaction, the senior vice president directly owned 160,994 shares of the company’s stock, valued at approximately $3,266,568.26. This trade represents a 11.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Olivier Rabiller sold 144,000 shares of the firm’s stock in a transaction on Friday, February 27th. The shares were sold at an average price of $20.32, for a total value of $2,926,080.00. Following the transaction, the chief executive officer directly owned 905,546 shares in the company, valued at $18,400,694.72. This trade represents a 13.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 337,000 shares of company stock valued at $6,839,290. Company insiders own 1.10% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of GTX. Fuller & Thaler Asset Management Inc. acquired a new position in Garrett Motion during the fourth quarter worth about $180,383,000. Marshall Wace LLP grew its holdings in Garrett Motion by 85.9% during the fourth quarter. Marshall Wace LLP now owns 4,473,196 shares of the company’s stock worth $77,968,000 after acquiring an additional 2,067,264 shares during the period. Vanguard Group Inc. grew its holdings in Garrett Motion by 40.4% during the third quarter. Vanguard Group Inc. now owns 4,189,811 shares of the company’s stock worth $57,065,000 after acquiring an additional 1,205,549 shares during the period. State Street Corp grew its holdings in Garrett Motion by 29.0% during the fourth quarter. State Street Corp now owns 3,744,114 shares of the company’s stock worth $65,260,000 after acquiring an additional 841,035 shares during the period. Finally, Dimensional Fund Advisors LP grew its holdings in Garrett Motion by 2.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,267,347 shares of the company’s stock worth $56,951,000 after acquiring an additional 81,258 shares during the period. 86.27% of the stock is owned by institutional investors and hedge funds.

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.