Garrett MotionGTX
Market Cap: $1.73B
About: Garrett Motion Inc designs, manufactures and sells engineered turbocharger and electric-boosting technologies for light and commercial vehicle original equipment manufacturers (OEMs). The company is a technology leader with expertise in delivering products across gasoline, diesel, natural gas and electrified powertrains. The company also sells its technologies in the aftermarket through its distribution network. The company derives maximum of its revenue from Gas and geographically from Europe.
Employees: 9,700
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
2.88% more ownership
Funds ownership: 84.92% [Q1] → 87.8% (+2.88%) [Q2]
5% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 37
1% more call options, than puts
Call options by funds: $312K | Put options by funds: $308K
1% more funds holding
Funds holding: 287 [Q1] → 289 (+2) [Q2]
8% less funds holding in top 10
Funds holding in top 10: 12 [Q1] → 11 (-1) [Q2]
15% less capital invested
Capital invested by funds: $2.01B [Q1] → $1.7B (-$306M) [Q2]
30% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 82
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
BWS Financial Hamed Khorsand 59% 1-year accuracy 40 / 68 met price target | 52%upside $12 | Buy Maintained | 25 Jul 2024 |