Garrett Motion Inc. (GTX) - What Are Brokerages Saying About This Stock?

Key Points

• Brokerages maintain a moderately bullish view: Five of seven analysts rate Garrett Motion “buy,” while two recommend holding the stock. The average 12-month price target is $38.20.
• Garrett Motion reported quarterly EPS of $0.51, surpassing the $0.45 consensus estimate, while revenue increased 3.1% year over year to $930 million. Revenue was slightly below the $935.2 million forecast, partially tempering the earnings beat.
• The company declared a quarterly dividend of $0.08 per share, representing a 1.4% annualized yield, and reaffirmed its 2026 outlook while citing industrial growth and progress in electrification-related product programs.

Shares of Garrett Motion Inc. (NASDAQ:GTX - Get Free Report) have earned an average recommendation of "Moderate Buy" from the seven ratings firms that are covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $38.20.

GTX has been the topic of several recent research reports. Weiss Ratings lowered Garrett Motion from a "buy (b)" rating to a "buy (b-)" rating in a research report on Thursday, October 22nd. Zacks Research lowered shares of Garrett Motion from a "strong-buy" rating to a "hold" rating in a report on Monday, October 12th. BWS Financial reaffirmed a "buy" rating and issued a $42.00 price target on shares of Garrett Motion in a research report on Thursday, October 8th. Deutsche Bank Aktiengesellschaft upgraded shares of Garrett Motion from a "hold" rating to a "buy" rating and upped their target price for the company from $33.00 to $36.00 in a research note on Thursday, July 30th. Finally, JPMorgan Chase & Co. lowered their price target on Garrett Motion from $37.00 to $35.00 and set an "overweight" rating on the stock in a report on Tuesday, September 15th.

Garrett Motion Stock Up 0.7%

Shares of GTX stock opened at $22.48 on Friday. Garrett Motion has a 52 week low of $15.54 and a 52 week high of $36.25. The firm has a 50 day moving average of $25.65 and a 200-day moving average of $25.33. The company has a market cap of $4.19 billion, a price-to-earnings ratio of 12.35, a price-to-earnings-growth ratio of 0.67 and a beta of 0.83.

Garrett Motion (NASDAQ:GTX - Get Free Report) last issued its quarterly earnings data on Thursday, October 29th. The company reported $0.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.45 by $0.06. The firm had revenue of $930.00 million during the quarter. Garrett Motion had a net margin of 9.51% and a negative return on equity of 46.50%. The firm's quarterly revenue was up 3.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.38 earnings per share. Analysts anticipate that Garrett Motion will post 1.88 earnings per share for the current year.

Garrett Motion Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be given a dividend of $0.08 per share. The ex-dividend date is Tuesday, December 1st. This represents a $0.32 annualized dividend and a dividend yield of 1.4%. Garrett Motion's dividend payout ratio (DPR) is presently 17.58%.

Key Stories Impacting Garrett Motion

Here are the key news stories impacting Garrett Motion this week:

• Positive Sentiment: Garrett reported third-quarter adjusted EPS of $0.51, ahead of the $0.45 consensus estimate and up from $0.38 a year ago. Revenue rose 3.1% year over year to $930 million, while adjusted EBIT reached $152 million, or a 16.3% margin. Garrett Motion Q3 Earnings Surpass Estimates
• Positive Sentiment: The company authorized a $250 million share-repurchase program for 2027, which could support per-share earnings and signal confidence in cash generation. Garrett also declared a quarterly dividend of $0.08 per share, equivalent to a 1.4% annualized yield. Garrett Motion Q3 Results and Share Repurchase Program
• Positive Sentiment: Garrett reaffirmed the midpoint of its 2026 outlook and highlighted stronger-than-expected industrial growth, new turbocharger awards in China and other regions, and production wins for electric cooling compressors. E-Powertrain and E-Cooling compressor programs remain on track for 2027 launches, supporting the company’s longer-term electrification strategy. Garrett Motion Full-Year 2026 Guidance
• Neutral Sentiment: Quarterly revenue of $930 million was slightly below the $935.2 million FactSet estimate, tempering the earnings beat. Operating cash flow and adjusted free cash flow were solid at $135 million and $136 million, respectively.
• Negative Sentiment: Director Steven Tesoriere resigned from the board after serving as an Oaktree representative and participating in finance, governance, compensation and talent committees. Although the company emphasized his contributions, the transition may create some uncertainty around governance and shareholder oversight. Garrett Motion Board Retirement Announcement

Insiders Place Their Bets

In other news, SVP Daniel Deiro sold 30,000 shares of the stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $26.70, for a total transaction of $801,000.00. Following the completion of the transaction, the senior vice president directly owned 133,783 shares in the company, valued at approximately $3,572,006.10. This represents a 18.32% decrease in their position. The transaction was disclosed in a legal filing 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. 1.10% of the stock is owned by corporate insiders.

Institutional Trading of Garrett Motion

Hedge funds and other institutional investors have recently bought and sold shares of the business. Convergence Investment Partners LLC boosted its position in Garrett Motion by 0.9% during the 1st quarter. Convergence Investment Partners LLC now owns 45,952 shares of the company's stock valued at $835,000 after acquiring an additional 423 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Garrett Motion by 39.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,679 shares of the company's stock valued at $44,000 after buying an additional 476 shares during the period. PNC Financial Services Group Inc. grew its stake in shares of Garrett Motion by 22.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 3,450 shares of the company's stock worth $63,000 after purchasing an additional 629 shares during the period. Persistent Asset Partners Ltd acquired a new position in shares of Garrett Motion in the second quarter worth about $27,000. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in Garrett Motion by 2.6% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 38,895 shares of the company's stock worth $707,000 after purchasing an additional 995 shares in the last quarter. Hedge funds and other institutional investors own 86.27% of the company's stock.

About Garrett Motion

Garrett Motion Inc is an automotive technology company that develops and manufactures solutions designed to improve vehicle performance, efficiency and emissions. Its products serve passenger vehicles, commercial vehicles and off-highway applications, supporting both internal-combustion and electrified powertrains.

The company is best known for its turbocharging technologies, including turbochargers and related air-management systems. Garrett also develops electric boosting systems, fuel-cell compressors, thermal-management products and other components intended to support hybrid, electric and fuel-cell vehicles.

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