Garrett Motion Inc. (NASDAQ:GTX) Shares to Pay Quarterly Dividend of $0.08

Garrett Motion Inc. (NASDAQ:GTX) declared a quarterly dividend on Thursday, October 29th. Stockholders of record on Tuesday, December 1st will be paid a dividend of $0.08 per share on Tuesday, December 15th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Tuesday, December 1st.

Garrett Motion Stock Performance

Shares of GTX traded up $0.15 during mid-day trading on Thursday, hitting $22.48. The company’s stock had a trading volume of 5,035,149 shares, compared to its average volume of 2,728,711. Garrett Motion has a one year low of $15.54 and a one year high of $36.25. The firm has a market capitalization of $4.19 billion, a PE ratio of 12.35, a price-to-earnings-growth ratio of 0.65 and a beta of 0.83. The stock’s 50-day moving average is $25.75 and its two-hundred day moving average is $25.31.

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, topping the consensus estimate of $0.45 by $0.06. Garrett Motion had a net margin of 9.51% and a negative return on equity of 46.50%. The business had revenue of $930.00 million for the quarter. During the same quarter in the previous year, the business posted $0.38 EPS. The company’s revenue was up 3.1% on a year-over-year basis. Analysts expect that Garrett Motion will post 1.88 EPS for the current fiscal year.

Key Headlines Impacting Garrett Motion

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

• Positive Sentiment: Adjusted earnings beat estimates: Third-quarter EPS was $0.51, above the $0.45 consensus and up from $0.38 a year earlier. Net sales increased 3% on a constant-currency basis to $930 million, led by commercial vehicle and industrial demand. Garrett Motion Q3 Earnings Surpass Estimates
• Positive Sentiment: Strong profitability and cash flow: Garrett generated $152 million in adjusted EBIT, a 16.3% margin, $97 million in net income and $136 million in adjusted free cash flow. These results support the company’s ability to fund investments and return capital to shareholders. Garrett Motion Reports Strong Third Quarter 2026 Results
• Positive Sentiment: $250 million buyback announced: The planned 2027 share-repurchase program could support GTX’s earnings per share and provide a meaningful demand signal from management. Garrett Motion Announces Equity Buyback
• Positive Sentiment: Growth opportunities expanded: Garrett secured additional turbocharger programs, commercial-vehicle applications and an industrial e-cooling compressor award. E-powertrain and e-cooling products remain on track for 2027 production, while data-center cooling applications offer a longer-term opportunity. Garrett Motion Data Center Cooling Technology
• Neutral Sentiment: Full-year outlook reaffirmed: Management maintained the midpoint of its 2026 guidance rather than raising expectations, limiting the potential for a stronger near-term revaluation. Garrett Motion 2026 Earnings Guidance
• Negative Sentiment: Revenue slightly missed forecasts: Quarterly sales of $930 million were below the approximately $935 million FactSet estimate, suggesting that operating execution and margin strength have not yet translated into an upside revenue surprise. Garrett Motion Q3 Revenue Flash
• Negative Sentiment: Board transition adds uncertainty: Director Steven Tesoriere, an Oaktree representative and former Finance Committee chair, resigned from the board. The company described the departure positively, but investors may monitor governance continuity and Oaktree’s reduced involvement. Garrett Motion Board Retirement

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.