Garrett Motion (NYSE:GTX) SVP Daniel Deiro Sells 20,000 Shares

Garrett Motion Inc. (NYSE:GTX) SVP Daniel Deiro sold 20,000 shares of the stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $20.29, for a total value of $405,800.00. Following the transaction, the senior vice president owned 160,994 shares of the company’s stock, valued at $3,266,568.26. The trade was a 11.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

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

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

Garrett Motion Trading Down 0.5%

Shares of GTX stock opened at $20.36 on Friday. The firm’s 50 day moving average is $18.73 and its 200 day moving average is $16.15. The stock has a market capitalization of $3.87 billion, a P/E 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.

Garrett Motion (NYSE:GTX) last issued its earnings results on Thursday, February 19th. The company reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company’s quarterly revenue was up 5.6% compared to the same quarter last year. On average, equities analysts predict that Garrett Motion Inc. will post 1.25 EPS for the current year.

Garrett Motion declared that its Board of Directors has approved a stock repurchase program on Wednesday, December 3rd that authorizes the company to repurchase $250.00 million in shares. This repurchase authorization authorizes the company to buy up to 7.7% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.

Garrett Motion Announces Dividend

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

Analysts Set New Price Targets

GTX has been the topic of a number of analyst reports. BWS Financial upped their target price on shares of Garrett Motion from $18.00 to $22.00 and gave the stock a “buy” rating in a report 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. JPMorgan Chase & Co. started coverage on Garrett Motion in a research note on Wednesday, December 17th. They set an “overweight” rating and a $23.00 price objective for the company. Finally, Stifel Nicolaus upped their target price on Garrett Motion from $20.00 to $21.00 and gave the stock a “buy” rating in a research note on Tuesday, December 16th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Garrett Motion currently has an average rating of “Moderate Buy” and a consensus target price of $18.80.

Trending Headlines about Garrett Motion

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

A number of large investors have recently modified their holdings of GTX. Cullen Frost Bankers Inc. boosted its stake in Garrett Motion by 7,110.0% in the fourth quarter. Cullen Frost Bankers Inc. now owns 1,442 shares of the company’s stock worth $25,000 after buying an additional 1,422 shares in the last quarter. Spire Wealth Management grew its holdings in shares of Garrett Motion by 971.2% during the 4th quarter. Spire Wealth Management now owns 1,489 shares of the company’s stock valued at $26,000 after purchasing an additional 1,350 shares during the last quarter. Global Retirement Partners LLC grew its holdings in shares of Garrett Motion by 156.7% during the 4th quarter. Global Retirement Partners LLC now owns 1,589 shares of the company’s stock valued at $28,000 after purchasing an additional 970 shares during the last quarter. TD Waterhouse Canada Inc. raised its position in Garrett Motion by 1,422.3% in the 4th quarter. TD Waterhouse Canada Inc. now owns 1,705 shares of the company’s stock worth $30,000 after purchasing an additional 1,593 shares during the period. Finally, Jones Financial Companies Lllp bought a new position in shares of Garrett Motion during the first quarter valued at about $42,000. 86.27% of the stock is owned by hedge funds and other institutional investors.

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.