Garrett Motion Inc. (NASDAQ:GTX) Receives Average Recommendation of “Moderate Buy” from Brokerages

Posted by Brian Himes on Jun 9th, 2026

Shares of Garrett Motion Inc. (NASDAQ:GTX – Get Free Report) have earned a consensus recommendation of “Moderate Buy” from the eight research firms that are currently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $31.8333.

Several analysts have commented on the stock. Royal Bank Of Canada set a $42.00 price target on shares of Garrett Motion in a research note on Thursday, May 21st. Weiss Ratings initiated coverage on shares of Garrett Motion in a research note on Wednesday, April 29th. They issued a “buy (b)” rating on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $24.00 target price on shares of Garrett Motion in a report on Friday, May 1st. Zacks Research upgraded Garrett Motion from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 22nd. Finally, JPMorgan Chase & Co. increased their price target on Garrett Motion from $30.00 to $33.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th.

Read Our Latest Analysis on Garrett Motion

Insider Buying and Selling

In other news, CFO Sean Deason sold 110,000 shares of the business’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $31.93, for a total value of $3,512,300.00. Following the sale, the chief financial officer directly owned 261,909 shares in the company, valued at $8,362,754.37. The trade was a 29.58% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Daniel A. Ninivaggi sold 17,178 shares of the company’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $31.22, for a total transaction of $536,297.16. Following the sale, the director owned 124,885 shares in the company, valued at $3,898,909.70. This represents a 12.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 197,178 shares of company stock worth $6,358,597. Insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On Garrett Motion

Several large investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its holdings in shares of Garrett Motion by 45.1% in the third quarter. JPMorgan Chase & Co. now owns 1,705,484 shares of the company’s stock worth $23,229,000 after buying an additional 529,949 shares during the period. Comerica Bank boosted its holdings in Garrett Motion by 22.0% during the 4th quarter. Comerica Bank now owns 251,371 shares of the company’s stock valued at $4,381,000 after acquiring an additional 45,370 shares during the period. Convergence Investment Partners LLC bought a new position in Garrett Motion in the 3rd quarter valued at $1,573,000. Federated Hermes Inc. bought a new position in Garrett Motion in the 3rd quarter valued at $1,646,000. Finally, Wesbanco Bank Inc. increased its stake in Garrett Motion by 75.0% in the fourth quarter. Wesbanco Bank Inc. now owns 105,034 shares of the company’s stock worth $1,831,000 after purchasing an additional 45,000 shares during the period. 86.27% of the stock is owned by institutional investors.

Garrett Motion Stock Performance

GTX opened at $32.25 on Tuesday. Garrett Motion has a fifty-two week low of $9.57 and a fifty-two week high of $34.34. The firm’s fifty day moving average is $25.35 and its 200 day moving average is $20.65. The stock has a market cap of $6.04 billion, a price-to-earnings ratio of 18.86, a price-to-earnings-growth ratio of 1.00 and a beta of 0.79.

Garrett Motion (NASDAQ:GTX – Get Free Report) last released its earnings results on Friday, May 1st. The company reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.06. Garrett Motion had a net margin of 9.29% and a negative return on equity of 42.77%. The company had revenue of $985.00 million for the quarter, compared to analysts’ expectations of $917.23 million. The company’s revenue for the quarter was up 12.2% on a year-over-year basis. On average, equities research analysts predict that Garrett Motion will post 1.83 earnings per share for the current year.

Garrett Motion Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be issued a $0.08 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.0%. Garrett Motion’s dividend payout ratio (DPR) is 18.71%.

About Garrett Motion

(Get Free Report)

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.

Analyst Recommendations for Garrett Motion (NASDAQ:GTX)

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