Garrett Motion Inc. $GTX Shares Bought by Comerica Bank

Key Points

• Comerica Bank increased its stake in Garrett Motion by 22% in Q4, adding 45,370 shares to hold 251,371 shares (about 0.13% of the company) worth roughly $4.38 million.
• Q1 beat and outlook raise: Garrett reported $0.49 EPS vs. $0.43 expected and $985M revenue vs. $917M expected, raised its 2026 outlook, announced multiple product wins and declared a $0.08 quarterly dividend (annual yield ~1.2%).
• Investor and analyst view: Institutional investors own ~86% of the stock, analysts give an average "Moderate Buy" rating with a $22.80 target (range up to $32), while insiders have recently trimmed positions.

Comerica Bank lifted its stake in shares of Garrett Motion Inc. (NASDAQ:GTX - Free Report) by 22.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 251,371 shares of the company's stock after acquiring an additional 45,370 shares during the quarter. Comerica Bank owned 0.13% of Garrett Motion worth $4,381,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. William Blair Investment Management LLC increased its stake in Garrett Motion by 51.0% in the 3rd quarter. William Blair Investment Management LLC now owns 7,715,824 shares of the company's stock worth $105,090,000 after purchasing an additional 2,605,296 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Garrett Motion by 5.6% in the fourth quarter. Vanguard Group Inc. now owns 4,424,546 shares of the company's stock worth $77,120,000 after acquiring an additional 234,735 shares in the last quarter. LSV Asset Management purchased a new position in shares of Garrett Motion in the third quarter worth approximately $58,247,000. Dimensional Fund Advisors LP raised its holdings in shares of Garrett Motion by 2.3% during the third quarter. Dimensional Fund Advisors LP now owns 3,186,089 shares of the company's stock valued at $43,390,000 after acquiring an additional 70,155 shares during the period. Finally, Merewether Investment Management LP acquired a new stake in shares of Garrett Motion during the third quarter valued at approximately $40,590,000. 86.27% of the stock is owned by institutional investors and hedge funds.

Garrett Motion Trading Up 1.0%

GTX stock opened at $25.87 on Friday. The firm has a market cap of $4.87 billion, a PE ratio of 15.13, a PEG ratio of 1.08 and a beta of 0.69. Garrett Motion Inc. has a 1 year low of $9.57 and a 1 year high of $26.38. The company has a fifty day simple moving average of $19.08 and a 200 day simple moving average of $17.94.

Garrett Motion (NASDAQ:GTX - Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.49 earnings per share for the quarter, topping analysts' consensus estimates of $0.43 by $0.06. The company had revenue of $985.00 million during the quarter, compared to analysts' expectations of $917.23 million. Garrett Motion had a negative return on equity of 42.77% and a net margin of 9.29%.The company's quarterly revenue was up 12.2% compared to the same quarter last year. As a group, analysts forecast that Garrett Motion Inc. will post 1.75 EPS for the current fiscal year.

Garrett Motion Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $0.32 dividend on an annualized basis and a yield of 1.2%. Garrett Motion's dividend payout ratio is presently 21.05%.

Garrett Motion News Roundup

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

• Positive Sentiment: Q1 beat and raised guidance — Garrett reported $0.49 EPS vs. $0.43 expected and $985M revenue vs. $917M expected; revenue +12% YoY, net income $95M, adjusted EBIT $151M and raised its 2026 outlook across key metrics. This is the primary catalyst behind the stock’s rise. GTX Q1 Earnings Beat
• Positive Sentiment: Product wins and program awards — Garrett announced multiple light-vehicle turbo program awards (including range-extended EVs), a volume extension for light commercial diesel, commercial/industrial awards (power generation), and E-Powertrain / E-Cooling production awards, supporting medium-term revenue growth. Q1 Results & Business Highlights
• Positive Sentiment: Commercial traction in battery/thermal products — Coverage highlights Garrett’s oil-free compressors and battery-cooling (TONFY) engagement and growing industrial E-Cooling involvement, reinforcing exposure to EV and energy storage markets. Oil-Free Compressors / TONFY
• Positive Sentiment: Dividend declared — Board approved a quarterly dividend of $0.08 per share (annualized yield ~1.2%), signaling confidence in cash flow and returning some capital to shareholders. (Record/Pay dates announced.)
• Neutral Sentiment: Investor materials available — Earnings presentation and full call transcript provide more detail on margin drivers, program timing and cash flow; useful for investors modeling FY26. Earnings Presentation Call Transcript
• Neutral Sentiment: Narrative reassessment — Coverage notes that recent beats and guidance are reshaping the GTX investment thesis (assumptions on growth, margins and EV exposure); this may change analyst models but requires watching execution vs. targets. Narrative Piece
• Negative Sentiment: Capital-efficiency metric remains a concern — Despite the beat, Garrett still shows a negative return on equity (around -39.6% reported previously), which highlights past losses/structural capital issues that investors should monitor as the company scales. Market Data / Ratios

Analysts Set New Price Targets

GTX has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and issued a $24.00 price objective on shares of Garrett Motion in a research note on Friday. Freedom Capital raised shares of Garrett Motion to a "strong-buy" rating in a research note on Monday, April 6th. Weiss Ratings began coverage on Garrett Motion in a research report on Wednesday. They issued a "buy (b)" rating for the company. Finally, BWS Financial lifted their price target on Garrett Motion from $22.00 to $32.00 and gave the company a "buy" rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $22.80.

Insiders Place Their Bets

In other Garrett Motion news, SVP Daniel Deiro sold 20,000 shares of the stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $20.29, for a total transaction of $405,800.00. Following the transaction, the senior vice president owned 160,994 shares in the company, valued at $3,266,568.26. This trade represents a 11.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Julia Steyn sold 17,000 shares of the business's stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $19.86, for a total transaction of $337,620.00. Following the completion of the sale, the director owned 50,233 shares of the company's stock, valued at $997,627.38. The trade was a 25.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 337,000 shares of company stock valued at $6,839,290 over the last 90 days. 1.10% of the stock is currently owned by company insiders.

Garrett Motion Profile

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.

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