Bastion Asset Management Inc. Sells 557,091 Shares of The Goodyear Tire & Rubber Company $GT

Posted by on Jul 17th, 2026

Bastion Asset Management Inc. cut its stake in shares of The Goodyear Tire & Rubber Company (NASDAQ:GT – Free Report) by 57.8% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 406,847 shares of the company’s stock after selling 557,091 shares during the period. Bastion Asset Management Inc.’s holdings in Goodyear Tire & Rubber were worth $2,734,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of GT. AQR Capital Management LLC boosted its holdings in shares of Goodyear Tire & Rubber by 151.8% during the 4th quarter. AQR Capital Management LLC now owns 9,764,853 shares of the company’s stock valued at $85,540,000 after acquiring an additional 5,886,935 shares in the last quarter. Wellington Management Group LLP increased its stake in shares of Goodyear Tire & Rubber by 11.9% in the third quarter. Wellington Management Group LLP now owns 26,381,396 shares of the company’s stock valued at $197,333,000 after buying an additional 2,796,332 shares during the period. Bridgeway Capital Management LLC acquired a new position in shares of Goodyear Tire & Rubber in the third quarter valued at approximately $15,280,000. Morgan Stanley raised its holdings in Goodyear Tire & Rubber by 32.3% in the 4th quarter. Morgan Stanley now owns 6,796,576 shares of the company’s stock valued at $59,538,000 after buying an additional 1,660,963 shares during the last quarter. Finally, LM Asset Management Inc. raised its holdings in Goodyear Tire & Rubber by 229.4% in the 4th quarter. LM Asset Management Inc. now owns 1,680,000 shares of the company’s stock valued at $14,717,000 after buying an additional 1,170,000 shares during the last quarter. 84.19% of the stock is currently owned by institutional investors.

Goodyear Tire & Rubber Price Performance

Goodyear Tire & Rubber stock opened at $7.10 on Friday. The stock’s 50 day moving average is $6.20 and its 200 day moving average is $7.41. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.04 and a quick ratio of 0.51. The firm has a market cap of $2.04 billion, a P/E ratio of -0.98 and a beta of 1.12. The Goodyear Tire & Rubber Company has a one year low of $5.43 and a one year high of $11.65.

Goodyear Tire & Rubber (NASDAQ:GT – Get Free Report) last released its earnings results on Wednesday, May 6th. The company reported ($0.39) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.44) by $0.05. Goodyear Tire & Rubber had a negative net margin of 11.64% and a positive return on equity of 0.93%. The business had revenue of $3.88 billion during the quarter, compared to the consensus estimate of $3.81 billion. During the same quarter in the prior year, the firm posted ($0.04) EPS. The company’s revenue for the quarter was down 8.7% compared to the same quarter last year. As a group, research analysts expect that The Goodyear Tire & Rubber Company will post -0.25 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts recently commented on GT shares. Weiss Ratings reiterated a “sell (d)” rating on shares of Goodyear Tire & Rubber in a research report on Monday, May 11th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a $10.00 price target on shares of Goodyear Tire & Rubber in a research note on Monday, May 11th. Zacks Research raised shares of Goodyear Tire & Rubber from a “strong sell” rating to a “hold” rating in a research note on Monday. TD Cowen cut their price target on shares of Goodyear Tire & Rubber from $10.00 to $9.00 and set a “buy” rating on the stock in a report on Wednesday, April 15th. Finally, Citigroup reduced their price objective on shares of Goodyear Tire & Rubber from $10.00 to $8.00 and set a “neutral” rating on the stock in a research note on Friday, May 8th. Two equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Goodyear Tire & Rubber has a consensus rating of “Hold” and an average target price of $8.54.

Check Out Our Latest Research Report on GT

Goodyear Tire & Rubber Company Profile

(Free Report)

The Goodyear Tire & Rubber Company is a leading tire manufacturer and rubber products supplier with more than a century of innovation in its portfolio. Founded in 1898 by Frank Seiberling in Akron, Ohio, the company has grown into a global enterprise known for its engineering expertise and quality standards. Over its history, Goodyear has pioneered advances in tire technology, from early pneumatic designs to modern high-performance and fuel-efficient solutions.

Goodyear’s core business encompasses the design, production and distribution of tires for a variety of markets, including passenger cars, commercial trucks, off-the-road vehicles, aircraft and specialty applications.

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Institutional Ownership by Quarter for Goodyear Tire & Rubber (NASDAQ:GT)

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