Garrett Motion (NASDAQ:GTX) Cut to “Hold” at Wall Street Zen

Posted by Brenda Bartman on Oct 6th, 2026

Wall Street Zen cut shares of Garrett Motion (NASDAQ:GTX – Free Report) from a buy rating to a hold rating in a research report released on Saturday,Wall Street Zen reports.

Other equities research analysts have also issued reports about the stock. Weiss Ratings restated a “buy (b)” rating on shares of Garrett Motion in a report on Friday, July 24th. BWS Financial reaffirmed a “buy” rating and issued a $42.00 target price on shares of Garrett Motion in a research note on Thursday, July 30th. JPMorgan Chase & Co. lowered 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. Zacks Research raised Garrett Motion from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, September 8th. Finally, Deutsche Bank Aktiengesellschaft upgraded Garrett Motion from a “hold” rating to a “buy” rating and boosted their price target for the company from $33.00 to $36.00 in a report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Garrett Motion currently has a consensus rating of “Buy” and an average target price of $38.20.

Check Out Our Latest Stock Analysis on GTX

Garrett Motion Stock Performance

NASDAQ GTX opened at $26.68 on Friday. The stock has a market cap of $4.98 billion, a price-to-earnings ratio of 14.66, a PEG ratio of 0.70 and a beta of 0.83. The business has a 50 day simple moving average of $27.63 and a 200 day simple moving average of $27.65. Garrett Motion has a 52-week low of $12.26 and a 52-week high of $36.25.

Garrett Motion (NASDAQ:GTX – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.07. The firm had revenue of $976.00 million for the quarter. Garrett Motion had a net margin of 9.51% and a negative return on equity of 46.50%. The business’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.42 EPS. On average, analysts predict that Garrett Motion will post 1.91 EPS for the current year.

Garrett Motion Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Tuesday, September 1st. Garrett Motion’s payout ratio is currently 17.58%.

Insider Buying and Selling

In related news, SVP Daniel Deiro sold 30,000 shares of the firm’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $26.70, for a total value of $801,000.00. Following the completion of the transaction, the senior vice president owned 133,783 shares of the company’s stock, valued at approximately $3,572,006.10. This trade represents a 18.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On Garrett Motion

Several institutional investors and hedge funds have recently added to or reduced their stakes in GTX. Persistent Asset Partners Ltd bought a new position in shares of Garrett Motion in the 2nd quarter valued at about $27,000. Summit Securities Group LLC bought a new stake in Garrett Motion during the first quarter worth about $60,000. PNC Financial Services Group Inc. raised its holdings in Garrett Motion by 22.3% during the first quarter. PNC Financial Services Group Inc. now owns 3,450 shares of the company’s stock worth $63,000 after acquiring an additional 629 shares in the last quarter. Allworth Financial LP acquired a new position in Garrett Motion during the second quarter valued at approximately $64,000. Finally, Global Retirement Partners LLC acquired a new position in Garrett Motion during the second quarter valued at approximately $65,000. 86.27% of the stock is owned by institutional investors.

About Garrett Motion

(Get Free Report)

Garrett Motion Inc is an automotive technology company that develops and manufactures solutions designed to improve vehicle performance, fuel efficiency, emissions control and electrification. Its products serve passenger cars, commercial vehicles and off-highway applications, as well as the automotive aftermarket and motorsports sectors.

The company is best known for its turbochargers and related boosting technologies, which help internal-combustion engines produce power more efficiently.