Zurcher Kantonalbank Zurich Cantonalbank Purchases 26,616 Shares of Garrett Motion Inc. $GTX

Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Garrett Motion Inc. (NASDAQ:GTX) by 79.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 60,123 shares of the company’s stock after buying an additional 26,616 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Garrett Motion were worth $1,048,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of GTX. LSV Asset Management purchased a new stake in Garrett Motion during the third quarter worth $58,247,000. Merewether Investment Management LP purchased a new stake in Garrett Motion during the third quarter worth $40,590,000. BlueCrest Capital Management Ltd purchased a new stake in Garrett Motion during the third quarter worth $36,539,000. William Blair Investment Management LLC lifted its holdings in Garrett Motion by 51.0% during the third quarter. William Blair Investment Management LLC now owns 7,715,824 shares of the company’s stock worth $105,090,000 after buying an additional 2,605,296 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in Garrett Motion by 5,889.9% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,897,487 shares of the company’s stock worth $25,844,000 after buying an additional 1,865,809 shares during the period. Hedge funds and other institutional investors own 86.27% of the company’s stock.

Garrett Motion Stock Up 25.0%

Shares of NASDAQ GTX opened at $25.61 on Friday. The company’s 50-day simple moving average is $19.08 and its 200-day simple moving average is $17.90. Garrett Motion Inc. has a 52-week low of $9.57 and a 52-week high of $25.77. The firm has a market cap of $4.82 billion, a price-to-earnings ratio of 16.85, a price-to-earnings-growth ratio of 0.86 and a beta of 0.44.

Garrett Motion (NASDAQ:GTX) last announced its earnings results on Thursday, April 30th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.06. Garrett Motion had a net margin of 8.65% and a negative return on equity of 39.65%. Garrett Motion’s revenue for the quarter was up 12.2% on a year-over-year basis. Equities research analysts anticipate that Garrett Motion Inc. will post 1.74 EPS for the current fiscal year.

Garrett Motion Announces Dividend

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 paid a $0.08 dividend. This represents a $0.32 annualized dividend 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 currently 21.05%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on GTX shares. Freedom Capital upgraded Garrett Motion to a “strong-buy” rating in a report on Monday, April 6th. Weiss Ratings started coverage on Garrett Motion in a report on Wednesday. They set a “buy (b)” rating for the company. Finally, BWS Financial increased their price objective on Garrett Motion from $22.00 to $32.00 and gave the company a “buy” rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $20.80.

Key Stories Impacting Garrett Motion

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

• Positive Sentiment: Q1 beat and upgraded outlook — Garrett reported $0.49 EPS vs. $0.43 consensus, revenue up ~12% year-over-year, $95M net income and raised its 2026 outlook; management highlighted margin improvement and cash generation, which drove investor optimism. Garrett Motion Reports First Quarter 2026 Financial Results, Raises 2026 Outlook
• Positive Sentiment: Shares hit an all-time high on the earnings beat and upbeat guidance as traders rewarded the stronger growth trajectory and margin progress. Garrett Motion (GTX) Soars to All-Time High on Earnings Blowout, Upbeat Guidance
• Positive Sentiment: Commercial wins and product traction — Garrett disclosed new light?vehicle turbo awards (including range?extended EV programs), commercial vehicle and industrial production wins, and growing engagement for E?Cooling and oil?free compressors that expand exposure to electrification and industrial markets. Garrett Motion Reports First Quarter 2026 Financial Results, Raises 2026 Outlook
• Positive Sentiment: Product application news — Coverage noted Garrett’s oil?free compressors being evaluated/integrated into TONFY battery cooling units, underscoring potential aftermarket/EV cooling upside. Garrett’s Oil-Free Compressors Enter TONFY’s Battery Cooling Units Might Change The Case For Investing In GTX
• Positive Sentiment: Dividend declared — Garrett announced a $0.08 quarterly dividend (yield ~1.2%), which may attract income?oriented investors and signals confidence in cash flow. Garrett Motion Reports First Quarter 2026 Financial Results, Raises 2026 Outlook
• Neutral Sentiment: Full?year revenue range set at about $3.6B–$3.9B (roughly around consensus) — the range shows growth ambition but leaves some execution risk tied to program ramps and mix. Garrett Motion Reports First Quarter 2026 Financial Results, Raises 2026 Outlook
• Neutral Sentiment: Earnings call transcript available — useful for details on margin drivers, capex and EV exposure but contains no new headline surprises beyond the release. Garrett Motion Inc. (GTX) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Return on equity remains negative (reported ~?39.7%), a structural profitability metric investors watch; although current margins improved, past losses and balance?sheet dynamics still warrant monitoring. MarketBeat — Garrett Motion profile and metrics

Insider Transactions at Garrett Motion

In other Garrett Motion news, SVP Daniel Deiro sold 20,000 shares of Garrett Motion stock in a transaction dated Thursday, February 26th. The shares were 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 $3,266,568.26. The trade was 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, Director Julia Steyn sold 17,000 shares of Garrett Motion stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $19.86, for a total transaction of $337,620.00. Following the transaction, the director directly owned 50,233 shares in the company, valued at $997,627.38. This trade represents a 25.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 337,000 shares of company stock valued at $6,839,290. Corporate insiders own 1.10% of the company’s stock.

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.