Garmin (GRMN)

• Market cap: $41.1B
• 1 day: -1.52%
• 5 days: 0.10%
• 1 month: -6.67%
• 3 months: 2.99%
• 6 months: 21.38%
• Year to date: 4.45%
• 1 year: 43.52%
• 5 years: 178.60%
• 10 years: 343.92%
• Sector: Industrials
• Industry: Search, Detection, Navigation, Guidance, Aeronautical Systems

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

190% more first-time investments, than exits

New positions opened: 151 | Existing positions closed: 52

57% more funds holding in top 10

Funds holding in top 10: 7 [Q3] → 11 (+4) [Q4]

16% more capital invested

Capital invested by funds: $19B [Q3] → $22.1B (+$3.03B) [Q4]

11% more funds holding

Funds holding: 799 [Q3] → 884 (+85) [Q4]

7% more call options, than puts

Call options by funds: $159M | Put options by funds: $149M

4% more repeat investments, than reductions

Existing positions increased: 310 | Existing positions reduced: 298

0.62% less ownership

Funds ownership: 56.37% [Q3] → 55.76% (-0.62%) [Q4]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $188 12% downside
• Avg. target: $244 14% upside
• High target: $285 33% upside

3 analyst ratings

• positive: 1 33%
• neutral: 1 33%
• negative: 1 33%

Tigress Financial Ivan Feinseth 60% 1-year accuracy 42 / 70 met price target	33% upside $285	Strong Buy Maintained	26 Feb 2025
Barclays George Wang 61% 1-year accuracy 11 / 18 met price target	12% downside $188	Underweight Maintained	20 Feb 2025
JP Morgan Joseph Cardoso 100% 1-year accuracy 3 / 3 met price target	22% upside $260	Neutral Maintained	20 Feb 2025