Evolve Private Wealth LLC Invests $1.27 Million in Garrett Motion Inc. $GTX

Posted by Francis Steltz on Aug 24th, 2026

Evolve Private Wealth LLC acquired a new stake in Garrett Motion Inc. (NASDAQ:GTX – Free Report) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 34,933 shares of the company’s stock, valued at approximately $1,266,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new position in shares of Garrett Motion during the second quarter valued at about $461,794,000. Fuller & Thaler Asset Management Inc. bought a new stake in Garrett Motion in the fourth quarter worth $180,383,000. Arrowstreet Capital Limited Partnership increased its holdings in shares of Garrett Motion by 170.9% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 5,139,439 shares of the company’s stock valued at $89,580,000 after acquiring an additional 3,241,952 shares in the last quarter. William Blair Investment Management LLC purchased a new position in shares of Garrett Motion in the 2nd quarter worth about $117,127,000. Finally, Merewether Investment Management LP bought a new position in Garrett Motion in the 3rd quarter worth about $40,590,000. Hedge funds and other institutional investors own 86.27% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on GTX. JPMorgan Chase & Co. raised their price objective on shares of Garrett Motion from $33.00 to $37.00 and gave the company an “overweight” rating in a research note on Monday, August 10th. Wall Street Zen cut shares of Garrett Motion from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. Weiss Ratings reissued a “buy (b)” rating on shares of Garrett Motion in a research report on Friday, July 24th. Zacks Research cut Garrett Motion from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 13th. Finally, Deutsche Bank Aktiengesellschaft upgraded Garrett Motion from a “hold” rating to a “buy” rating and increased their target price for the company from $33.00 to $36.00 in a research note on Thursday, July 30th. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $38.60.

View Our Latest Stock Analysis on GTX

Insider Buying and Selling at Garrett Motion

In other news, CFO Sean Deason sold 110,000 shares of the business’s stock in a transaction dated 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 transaction, 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Thierry Mabru sold 70,000 shares of the company’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $33.00, for a total transaction of $2,310,000.00. Following the transaction, the senior vice president owned 147,956 shares of the company’s stock, valued at approximately $4,882,548. This represents a 32.12% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 196,656 shares of company stock valued at $6,382,413 over the last 90 days. 1.10% of the stock is currently owned by corporate insiders.

Garrett Motion Price Performance

Shares of GTX stock opened at $26.62 on Monday. The company has a market cap of $4.96 billion, a price-to-earnings ratio of 14.63, a PEG ratio of 0.68 and a beta of 0.82. The firm has a fifty day moving average price of $31.55 and a 200-day moving average price of $26.05. Garrett Motion Inc. has a 1 year low of $12.26 and a 1 year high of $36.25.

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

Garrett Motion Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $0.08 per share. The ex-dividend date is Tuesday, September 1st. This represents a $0.32 dividend on an annualized basis and a yield of 1.2%. Garrett Motion’s dividend payout ratio (DPR) is presently 17.58%.

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.