Strs Ohio Reduces Position in Garrett Motion Inc. $GTX

Posted by Stanley Muller on Jul 13th, 2026

Strs Ohio lowered its stake in Garrett Motion Inc. (NASDAQ:GTX – Free Report) by 72.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,800 shares of the company’s stock after selling 20,900 shares during the period. Strs Ohio’s holdings in Garrett Motion were worth $142,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Cullen Frost Bankers Inc. lifted its position in Garrett Motion by 7,110.0% during the 4th quarter. Cullen Frost Bankers Inc. now owns 1,442 shares of the company’s stock worth $25,000 after acquiring an additional 1,422 shares during the period. Spire Wealth Management increased its holdings in shares of Garrett Motion by 971.2% in the fourth 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 period. Global Retirement Partners LLC increased its holdings in shares of Garrett Motion by 156.7% in the fourth 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 period. TD Waterhouse Canada Inc. raised its stake in shares of Garrett Motion by 1,422.3% in the fourth 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 last quarter. Finally, Jones Financial Companies Lllp acquired a new stake in shares of Garrett Motion during the first quarter worth about $42,000. 86.27% of the stock is owned by institutional investors and hedge funds.

Garrett Motion Price Performance

Garrett Motion stock opened at $32.30 on Monday. The stock has a market capitalization of $6.05 billion, a PE ratio of 18.89, a price-to-earnings-growth ratio of 1.01 and a beta of 0.78. Garrett Motion Inc. has a 12 month low of $11.04 and a 12 month high of $36.25. The business has a 50 day simple moving average of $32.19 and a 200-day simple moving average of $23.50.

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

Garrett Motion Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were given a dividend of $0.08 per share. The ex-dividend date was Monday, June 1st. This represents a $0.32 dividend on an annualized basis and a yield of 1.0%. Garrett Motion’s dividend payout ratio is currently 18.71%.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Garrett Motion from $30.00 to $33.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. Stifel Nicolaus boosted their target price on shares of Garrett Motion from $29.00 to $36.00 and gave the company a “buy” rating in a research report on Thursday, May 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $24.00 price target on shares of Garrett Motion in a report on Friday, May 1st. Weiss Ratings began coverage on Garrett Motion in a research report on Wednesday, April 29th. They set a “buy (b)” rating on the stock. Finally, Freedom Capital lowered Garrett Motion from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 4th. One investment 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 stock. According to data from MarketBeat.com, Garrett Motion currently has a consensus rating of “Moderate Buy” and a consensus target price of $31.83.

Read Our Latest Report on GTX

Insider Activity at Garrett Motion

In related news, CFO Sean Deason sold 110,000 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $31.93, for a total value of $3,512,300.00. Following the completion of the transaction, the chief financial officer directly owned 261,909 shares of the company’s stock, valued at approximately $8,362,754.37. This represents a 29.58% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Thierry Mabru sold 70,000 shares of the stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $33.00, for a total transaction of $2,310,000.00. Following the completion of the sale, the senior vice president owned 147,956 shares of the company’s stock, valued at $4,882,548. This trade represents a 32.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 213,834 shares of company stock valued at $6,918,710. 1.10% of the stock is currently owned by company insiders.

Garrett Motion Profile

(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.