Garrett Motion (NASDAQ: GTX) has recently received a number of price target changes and ratings updates:
- 5/14/2026 – Garrett Motion had its price target raised by Stifel Nicolaus from $29.00 to $36.00. They now have a “buy” rating on the stock.
- 5/14/2026 – Garrett Motion had its price target raised by JPMorgan Chase & Co. from $30.00 to $33.00. They now have an “overweight” rating on the stock.
- 5/4/2026 – Garrett Motion was downgraded by Freedom Capital from “strong-buy” to “hold”.
- 5/1/2026 – Garrett Motion had its “hold” rating reaffirmed by Deutsche Bank Aktiengesellschaft. They now have a $24.00 price target on the stock.
- 4/30/2026 – Garrett Motion had its price target raised by BWS Financial from $22.00 to $32.00. They now have a “buy” rating on the stock.
- 4/29/2026 – Garrett Motion is now covered by Weiss Ratings. They set a “buy (b)” rating on the stock.
- 4/9/2026 – Garrett Motion had its “buy” rating reaffirmed by BWS Financial. They now have a $22.00 price target on the stock.
- 4/6/2026 – Garrett Motion was upgraded by Freedom Capital to “strong-buy”.
Garrett Motion Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Monday, June 1st. Garrett Motion’s dividend payout ratio is currently 18.71%.
Insiders Place Their Bets
In related news, Director Julia Steyn sold 17,000 shares of the stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $19.86, for a total value of $337,620.00. Following the transaction, the director directly owned 50,233 shares of the company’s stock, valued at approximately $997,627.38. This trade represents a 25.29% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Olivier Rabiller sold 144,000 shares of the stock in a transaction on Friday, February 27th. The stock was sold at an average price of $20.32, for a total value of $2,926,080.00. Following the completion of the transaction, the chief executive officer directly owned 905,546 shares in the company, valued at $18,400,694.72. This trade represents a 13.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 337,000 shares of company stock valued at $6,839,290 in the last quarter. 1.10% of the stock is currently owned by company insiders.
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.
Further Reading
- Five stocks we like better than Garrett Motion
- YETI Rallies After Earnings Beat and Raised Outlook
- How the 3 Leading Quantum Firms Stack Up After Q1 Earnings
- Cisco’s Vertical Rally May Still Be in the Early Innings
- Amazon vs. Alibaba: One Is Clearly The Better Value Play right Now
Receive News & Ratings for Garrett Motion Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Garrett Motion Inc and related companies with MarketBeat.com's FREE daily email newsletter.
