William Blair Investment Management Reduces $10M in Garrett Motion Inc. ($GTX)

William Blair Investment Management cut its holdings in Garrett Motion Inc. by nearly 5% as per its recent SEC filing.

Key Points

  • William Blair Investment Management trimmed its position in Garrett Motion Inc. by 296,590 shares, reducing its stake by nearly 5% to 5,762,697 shares.
  • Garrett Motion Inc. trades on the NasdaqGS under the ticker GTX, with a market cap of approximately $6.48 billion and a P/E ratio of 19.89.
  • Analysts maintain a 'buy' consensus on GTX, with recent price targets from BWS Financial and JP Morgan ranging from $33 to $42.

William Blair Investment Management has trimmed its stake in Garrett Motion Inc. (NasdaqGS: GTX) by nearly 5%, according to its latest Form 13F filing with the SEC. The firm sold 296,590 shares, reducing its holdings to 5,762,697 shares valued at approximately $199.45 million as of the reporting period.

What Changed in William Blair's Garrett Motion Position

William Blair Investment Management reduced its position in Garrett Motion Inc. by 296,590 shares, representing a 4.9% decrease. The firm now holds 5,762,697 shares, down from 6,059,287 shares previously. This adjustment reflects a strategic decision to slightly pare down its investment in the auto parts company.

Other Institutional Activity in Garrett Motion

Several other institutional investors also adjusted their positions in Garrett Motion Inc. Oaktree Capital Management LP reduced its holdings by 2.5 million shares, ending with 14,594,816 shares valued at $265.19 million. In contrast, BlackRock, Inc. increased its stake by 656,272 shares to a total of 13,030,433 shares worth about $236.76 million. Fuller & Thaler Asset Management, Inc. also added 548,531 shares, bringing its total to 10,897,535 shares valued at approximately $198.01 million. Meanwhile, FMR LLC boosted its holdings by 1,875,522 shares, reaching 8,254,355 shares valued at $149.98 million.

Garrett Motion Inc. Stock Up 2.5%

Shares of Garrett Motion Inc. (NasdaqGS: GTX) traded near $34.61. The company has a market capitalization of about $6.48 billion and a P/E ratio of 19.89. Its forward P/E is 15.56, indicating potential growth. The stock's 52-week range spans from $9.57 to $35.06, with a 50-day moving average of $27.17 and a 200-day average of $19.32. Garrett Motion's beta is 0.801, suggesting lower volatility compared to the market.

Recent Earnings

For the recent quarter, Garrett Motion Inc. reported revenue of approximately $3.69 billion, reflecting a growth rate of 12.2%. The company achieved a net margin of 9.29% and an EPS of $1.74. Investors can look forward to the next earnings report on July 23, 2026.

Dividend

Garrett Motion Inc. offers a dividend with an annual rate of $0.32, yielding 0.92%. The company's dividend payout ratio is 16.37%, indicating a conservative approach to profit distribution.

Insider Buying and Selling at Garrett Motion Inc.

Several insiders have been active recently. On June 12, 2026, Mark Albert Rodrigues, SVP, GM GBEs Turbo Tech, sold 10,516 shares at an average price of $33.82 under a planned sale. On June 5, 2026, Sean Deason, SVP & Chief Financial Officer, sold 110,000 shares at $31.93, also under a planned sale. On May 29, 2026, Thierry Mabru, SVP, Integrated Supply Chain, sold 70,000 shares at $33.00 under a 10b5-1 plan.

Analysts Set New Price Targets

On May 21, 2026, BWS Financial maintained its 'buy' rating on Garrett Motion Inc., setting a price target of $42. JP Morgan and Stifel also maintained 'buy' ratings on May 14, 2026, with targets of $33 and $36, respectively. The consensus among analysts is a 'buy,' with a mean price target of $35.67 based on six analyst opinions.

About Garrett Motion Inc.

Garrett Motion Inc. designs and manufactures turbocharging and high-speed electric motor technologies for the auto and industrial sectors. Based in Rolle, Switzerland, the company serves original equipment manufacturers and aftermarket distributors worldwide. Led by CEO Olivier Rabiller, Garrett Motion employs around 8,700 people and operates globally.

Bottom Line

William Blair Investment Management's recent trimming of its stake in Garrett Motion Inc. reflects a slight repositioning in its portfolio. Investors closely watch these filings to gauge institutional sentiment, though it's important to remember that 13F filings are backward-looking and may not indicate current positions. Garrett Motion continues to attract attention with its innovative technologies and solid analyst ratings.

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