Garrett Motion Inc (GTX)

Nov 10, 2026

Leuthold Group LLC reduced its stake in Garrett Motion Inc. by 20.6% in the third quarter, selling 66,329 shares but still retaining 256,189 shares valued at approximately $6.7 million. Despite this, institutional investors collectively own 86.27% of the company, with several major firms increasing their holdings. Garrett Motion reported better-than-expected quarterly EPS of $0.51 and a 3.1% year-over-year revenue increase, leading to a "Moderate Buy" consensus rating among analysts with an average price target of $37.

Oct 29, 2026

Garrett Motion Inc. reported strong Q3 2026 financial results with $930 million in net sales, a 3% organic increase, and a 16.3% adjusted EBIT margin. The company announced a new $250 million share repurchase program for 2027 and reiterated its commitment to returning value to shareholders through dividends and stock repurchases. Strategically, Garrett is expanding in differentiated technologies, including launching a new E-Turbo with Mercedes and securing multiple commercial and industrial wins, and reaffirmed its 2026 outlook.