GarminGRMN
About: Garmin produces GPS-enabled hardware and software for five verticals: fitness, outdoors, auto, aviation, and marine. The company relies on licensing mapping data to enable its hardware specialized for often niche activities like scuba diving or sailing, among many others. Garmin operates in 100 countries and sells its products via distributors as well as relationships with original equipment manufacturers.
Employees: 21,800
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
177% more first-time investments, than exits
New positions opened: 144 | Existing positions closed: 52
57% more funds holding in top 10
Funds holding in top 10: 7 [Q3] → 11 (+4) [Q4]
15% more capital invested
Capital invested by funds: $19.1B [Q3] → $22B (+$2.89B) [Q4]
8% more funds holding
Funds holding: 799 [Q3] → 859 (+60) [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: 304 | Existing positions reduced: 292
0.98% less ownership
Funds ownership: 56.48% [Q3] → 55.5% (-0.98%) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Barclays George Wang 83% 1-year accuracy 15 / 18 met price target | 16%downside $188 | Underweight Maintained | 20 Feb 2025 |
JP Morgan Joseph Cardoso 100% 1-year accuracy 3 / 3 met price target | 16%upside $260 | Neutral Maintained | 20 Feb 2025 |
Tigress Financial Ivan Feinseth 77% 1-year accuracy 53 / 69 met price target | 18%upside $265 | Strong Buy Maintained | 16 Dec 2024 |
Financial journalist opinion
Based on 27 articles about GRMN published over the past 30 days
