SEB Asset Management AB Invests $447,000 in Garrett Motion Inc. $GTX

Posted by Brenda Bartman on Jul 25th, 2026

SEB Asset Management AB purchased a new position in Garrett Motion Inc. (NASDAQ:GTX – Free Report) during the first quarter, Holdings Channel.com reports. The fund purchased 24,611 shares of the company’s stock, valued at approximately $447,000.

Several other institutional investors have also bought and sold shares of the company. Cullen Frost Bankers Inc. increased its position in Garrett Motion by 7,110.0% in the fourth quarter. Cullen Frost Bankers Inc. now owns 1,442 shares of the company’s stock worth $25,000 after buying an additional 1,422 shares during the last quarter. Spire Wealth Management raised its stake 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 buying an additional 1,350 shares during the period. Global Retirement Partners LLC lifted its position in shares of Garrett Motion by 156.7% during the 4th quarter. Global Retirement Partners LLC now owns 1,589 shares of the company’s stock valued at $28,000 after buying an additional 970 shares during the last quarter. TD Waterhouse Canada Inc. lifted its position in shares of Garrett Motion by 1,422.3% during the 4th quarter. TD Waterhouse Canada Inc. now owns 1,705 shares of the company’s stock valued at $30,000 after buying an additional 1,593 shares during the last quarter. Finally, Jones Financial Companies Lllp bought a new position in shares of Garrett Motion during the 1st quarter worth $42,000. Hedge funds and other institutional investors own 86.27% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on GTX. Stifel Nicolaus lifted their price objective on Garrett Motion from $29.00 to $36.00 and gave the stock a “buy” rating in a report on Thursday, May 14th. JPMorgan Chase & Co. increased their target price on shares of Garrett Motion from $30.00 to $33.00 and gave the stock an “overweight” rating in a research report on Thursday, May 14th. Royal Bank Of Canada set a $42.00 target price on shares of Garrett Motion in a research note on Thursday, May 21st. Zacks Research lowered shares of Garrett Motion from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 13th. Finally, Wall Street Zen cut shares of Garrett Motion from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 18th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Garrett Motion has an average rating of “Moderate Buy” and an average target price of $35.40.

Check Out Our Latest Stock Analysis on GTX

Garrett Motion Stock Performance

Shares of NASDAQ GTX opened at $31.51 on Friday. Garrett Motion Inc. has a fifty-two week low of $12.09 and a fifty-two week high of $36.25. The stock has a market cap of $5.90 billion, a PE ratio of 18.43, a price-to-earnings-growth ratio of 0.93 and a beta of 0.78. The stock has a fifty day moving average of $32.77 and a 200-day moving average of $24.45.

Garrett Motion (NASDAQ:GTX – Get Free Report) last issued its quarterly earnings data on Friday, May 1st. The company reported $0.49 earnings per share (EPS) for the quarter, topping 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 business 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% compared to the same quarter last year. On average, sell-side analysts predict that Garrett Motion Inc. will post 1.81 EPS for the current year.

Garrett Motion Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders 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 annualized dividend and a dividend yield of 1.0%. Garrett Motion’s dividend payout ratio is currently 18.71%.

Insider Activity

In other news, SVP Mark Albert Rodrigues sold 6,140 shares of the stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of $33.30, for a total value of $204,462.00. Following the sale, the senior vice president directly owned 77,038 shares of the company’s stock, valued at approximately $2,565,365.40. This represents a 7.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through 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 firm’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $31.22, for a total transaction of $536,297.16. Following the completion of the transaction, the director owned 124,885 shares of the company’s stock, valued at $3,898,909.70. This trade 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. In the last three months, insiders sold 213,834 shares of company stock valued at $6,918,710. Corporate insiders own 1.10% of the company’s stock.

About Garrett Motion

(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.