Insider Selling: Garrett Motion (NYSE:GTX) CEO Sells $2,905,760.00 in Stock

Garrett Motion Inc. (NYSE:GTX) CEO Olivier Rabiller sold 143,000 shares of the business’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $20.32, for a total transaction of $2,905,760.00. Following the completion of the transaction, the chief executive officer owned 1,192,546 shares in the company, valued at approximately $24,232,534.72. This trade represents a 10.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Olivier Rabiller also recently made the following trade(s):

• On Friday, February 27th, Olivier Rabiller sold 144,000 shares of Garrett Motion stock. The stock was sold at an average price of $20.32, for a total transaction of $2,926,080.00.

Garrett Motion Trading Down 0.5%

NYSE:GTX opened at $20.36 on Monday. The stock has a market capitalization of $3.87 billion, a P/E ratio of 16.03 and a beta of 0.33. Garrett Motion Inc. has a 1 year low of $7.01 and a 1 year high of $21.42. The firm has a 50 day moving average of $18.73 and a 200-day moving average of $16.20.

Garrett Motion (NYSE:GTX) last released its quarterly earnings results on Thursday, February 19th. The company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.03. Garrett Motion had a negative return on equity of 38.75% and a net margin of 8.12%.The company’s quarterly revenue was up 5.6% on a year-over-year basis. As a group, analysts forecast that Garrett Motion Inc. will post 1.25 EPS for the current fiscal year.

Garrett Motion declared that its board has initiated a share buyback plan on Wednesday, December 3rd that allows the company to repurchase $250.00 million in shares. This repurchase authorization allows the company to purchase up to 7.7% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s leadership believes its stock is undervalued.

Garrett Motion Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 2nd will be paid a $0.08 dividend. The ex-dividend date is Monday, March 2nd. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.6%. Garrett Motion’s dividend payout ratio (DPR) is 21.05%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on GTX shares. Stifel Nicolaus raised their price objective on shares of Garrett Motion from $20.00 to $21.00 and gave the company a “buy” rating in a research report on Tuesday, December 16th. Zacks Research cut shares of Garrett Motion from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. BWS Financial upped their price objective on Garrett Motion from $18.00 to $22.00 and gave the stock a “buy” rating in a report on Friday, December 12th. Finally, JPMorgan Chase & Co. started coverage on Garrett Motion in a research note on Wednesday, December 17th. They issued an “overweight” rating and a $23.00 target price for the company. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $18.80.

Key Headlines Impacting Garrett Motion

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

• Positive Sentiment: Garrett won a China e‑bus e‑cooling contract, a product win that supports growth into electrified commercial vehicles and could expand addressable market and aftermarket revenue. Garrett’s China E-Bus E-Cooling Win
• Positive Sentiment: Institutional buying/momentum: Harbor Mid Cap Value Fund added GTX, a vote of confidence from a mid‑cap manager that can help drive demand. Harbor Mid Cap Value Fund Adds GTX
• Positive Sentiment: Corporate returns to shareholders: the company recently declared a quarterly dividend ($0.08/share) and has an active $250M buyback authorization (up to ~7.7% of shares), both supportive of the share price and signaling management’s confidence in cash generation. MarketBeat: GTX Profile
• Neutral Sentiment: Recent financials: Garrett beat the quarter on EPS ($0.42 vs. $0.39) and revenue grew ~5.6% year‑over‑year — healthy operational data but mixed longer‑term returns (negative ROE). MarketBeat: Earnings Summary
• Negative Sentiment: Significant insider selling: CEO Olivier Rabiller sold large blocks (143k and 144k shares across Feb. 25–27; SEC filings), and other insiders including SVP Daniel Deiro and Director Julia Steyn also sold material stakes. Large, clustered insider sales are creating near‑term downward pressure and investor concern about timing. Rabiller SEC Filing Deiro SEC Filing Director Sale Alert

Hedge Funds Weigh In On Garrett Motion

Several large investors have recently bought and sold shares of GTX. Cullen Frost Bankers Inc. boosted its stake 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 valued at $25,000 after acquiring an additional 1,422 shares during the last quarter. Spire Wealth Management lifted its stake in shares of Garrett Motion by 971.2% in the 4th quarter. Spire Wealth Management now owns 1,489 shares of the company’s stock valued at $26,000 after purchasing an additional 1,350 shares during the period. Global Retirement Partners LLC boosted its position in shares of Garrett Motion by 156.7% in the 4th quarter. Global Retirement Partners LLC now owns 1,589 shares of the company’s stock worth $28,000 after purchasing an additional 970 shares during the last quarter. TD Waterhouse Canada Inc. grew its stake in shares of Garrett Motion by 1,422.3% during the fourth quarter. TD Waterhouse Canada Inc. now owns 1,705 shares of the company’s stock worth $30,000 after purchasing an additional 1,593 shares during the period. Finally, PNC Financial Services Group Inc. increased its holdings in Garrett Motion by 361.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,821 shares of the company’s stock valued at $49,000 after purchasing an additional 2,210 shares during the last quarter. 86.27% of the stock is currently owned by institutional investors and hedge funds.

Garrett Motion Company 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.