Garrett Motion Inc. (NASDAQ:GTX) Stock Has Consensus Target Price of $38.20

Garrett Motion Inc. (NASDAQ:GTX) has been assigned an average recommendation of “Moderate Buy” from the seven ratings firms that are covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $38.20.

A number of equities research analysts have recently issued reports on GTX shares. Weiss Ratings lowered Garrett Motion from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, October 22nd. Deutsche Bank Aktiengesellschaft upgraded Garrett Motion from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $33.00 to $36.00 in a research report on Thursday, July 30th. JPMorgan Chase & Co. dropped their target price on Garrett Motion from $37.00 to $35.00 and set an “overweight” rating for the company in a report on Tuesday, September 15th. BWS Financial reaffirmed a “buy” rating and issued a $42.00 target price on shares of Garrett Motion in a research note on Thursday, October 8th. Finally, Wall Street Zen lowered Garrett Motion from a “buy” rating to a “hold” rating in a report on Saturday, October 3rd.

Key Stories Impacting Garrett Motion

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

• Positive Sentiment: Garrett reported third-quarter adjusted EPS of $0.51, ahead of the $0.45 consensus estimate and up from $0.38 a year ago. Revenue rose 3.1% year over year to $930 million, while adjusted EBIT reached $152 million, or a 16.3% margin. Garrett Motion Q3 Earnings Surpass Estimates
• Positive Sentiment: The company authorized a $250 million share-repurchase program for 2027, which could support per-share earnings and signal confidence in cash generation. Garrett also declared a quarterly dividend of $0.08 per share, equivalent to a 1.4% annualized yield. Garrett Motion Q3 Results and Share Repurchase Program
• Positive Sentiment: Garrett reaffirmed the midpoint of its 2026 outlook and highlighted stronger-than-expected industrial growth, new turbocharger awards in China and other regions, and production wins for electric cooling compressors. E-Powertrain and E-Cooling compressor programs remain on track for 2027 launches, supporting the company’s longer-term electrification strategy. Garrett Motion Full-Year 2026 Guidance
• Neutral Sentiment: Quarterly revenue of $930 million was slightly below the $935.2 million FactSet estimate, tempering the earnings beat. Operating cash flow and adjusted free cash flow were solid at $135 million and $136 million, respectively.
• Negative Sentiment: Director Steven Tesoriere resigned from the board after serving as an Oaktree representative and participating in finance, governance, compensation and talent committees. Although the company emphasized his contributions, the transition may create some uncertainty around governance and shareholder oversight. Garrett Motion Board Retirement Announcement

Garrett Motion Stock Up 0.7%

Shares of GTX opened at $22.48 on Friday. Garrett Motion has a 52-week low of $15.54 and a 52-week high of $36.25. The firm’s fifty day moving average is $25.65 and its two-hundred day moving average is $25.33. The stock has a market cap of $4.19 billion, a PE ratio of 12.35, a price-to-earnings-growth ratio of 0.67 and a beta of 0.83.

Garrett Motion (NASDAQ:GTX) last announced its quarterly earnings data on Thursday, October 29th. The company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.06. The company had revenue of $930.00 million during the quarter. Garrett Motion had a net margin of 9.51% and a negative return on equity of 46.50%. The firm’s revenue was up 3.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.38 EPS. As a group, research analysts anticipate that Garrett Motion will post 1.88 earnings per share for the current year.

Garrett Motion Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Tuesday, December 1st will be issued a $0.08 dividend. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.4%. Garrett Motion’s dividend payout ratio is currently 17.58%.

Insider Transactions at Garrett Motion

In other Garrett Motion news, SVP Daniel Deiro sold 20,000 shares of the business’s stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $26.89, for a total value of $537,800.00. Following the transaction, the senior vice president directly owned 113,783 shares in the company, valued at $3,059,624.87. The trade was a 14.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.10% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Garrett Motion by 54.3% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 398,397 shares of the company’s stock worth $14,434,000 after acquiring an additional 140,254 shares during the last quarter. Castleark Management LLC purchased a new stake in Garrett Motion during the second quarter worth about $17,009,000. The Manufacturers Life Insurance Company purchased a new stake in Garrett Motion during the second quarter worth about $3,429,000. Jupiter Topco LLC acquired a new stake in shares of Garrett Motion during the second quarter worth about $2,847,000. Finally, Bank of America Corp DE acquired a new stake in shares of Garrett Motion during the second quarter worth about $45,490,000. 86.27% of the stock is currently owned by institutional investors and hedge funds.

Garrett Motion Company Profile

Garrett Motion Inc is an automotive technology company that develops and manufactures solutions designed to improve vehicle performance, efficiency and emissions. Its products serve passenger vehicles, commercial vehicles and off-highway applications, supporting both internal-combustion and electrified powertrains.

The company is best known for its turbocharging technologies, including turbochargers and related air-management systems. Garrett also develops electric boosting systems, fuel-cell compressors, thermal-management products and other components intended to support hybrid, electric and fuel-cell vehicles.