--- title: "Public Employees Retirement System of Ohio Takes Position in Garrett Motion Inc. (NYSE:GTX)" description: "Public Employees Retirement System of Ohio acquired 724,670 shares of Garrett Motion Inc. (NYSE:GTX) during Q3, valued at approximately $928,000, representing 0.34% ownership. Other hedge funds also a" type: "news" locale: "en" url: "https://longbridge.com/en/news/222336094.md" published_at: "2024-12-14T09:50:42.000Z" --- # Public Employees Retirement System of Ohio Takes Position in Garrett Motion Inc. (NYSE:GTX) > Public Employees Retirement System of Ohio acquired 724,670 shares of Garrett Motion Inc. (NYSE:GTX) during Q3, valued at approximately $928,000, representing 0.34% ownership. Other hedge funds also adjusted their stakes in GTX. Insider selling occurred with SVP Thierry Mabru selling 50,000 shares. BWS Financial reaffirmed a "buy" rating with a $10 price target. Garrett Motion reported a quarterly EPS of $0.24, missing estimates, and announced a dividend of $0.06 per share, payable on January 31. Public Employees Retirement System of Ohio acquired a new stake in Garrett Motion Inc. (NYSE:GTX - Free Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 724,670 shares of the company's stock, valued at approximately $5,928,000. Public Employees Retirement System of Ohio owned about 0.34% of Garrett Motion as of its most recent filing with the Securities and Exchange Commission (SEC). Get **Garrett Motion** alerts: - Garrett Motion Inc. Skids on Results: Is it Time to Buy the Dip? Several other hedge funds also recently added to or reduced their stakes in GTX. Covestor Ltd purchased a new stake in Garrett Motion in the third quarter valued at $28,000. Quarry LP raised its holdings in Garrett Motion by 54.8% in the 2nd quarter. Quarry LP now owns 5,170 shares of the company's stock valued at $44,000 after buying an additional 1,830 shares during the period. Gladius Capital Management LP acquired a new position in Garrett Motion in the third quarter valued at about $58,000. nVerses Capital LLC purchased a new position in Garrett Motion during the second quarter worth about $67,000. Finally, Paloma Partners Management Co acquired a new stake in shares of Garrett Motion during the third quarter valued at about $87,000. 86.27% of the stock is currently owned by hedge funds and other institutional investors. ## Insider Buying and Selling at Garrett Motion In other news, SVP Thierry Mabru sold 50,000 shares of the stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of $7.47, for a total value of $373,500.00. Following the sale, the senior vice president now directly owns 140,509 shares in the company, valued at approximately $1,049,602.23. This trade represents a 26.25 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.60% of the stock is currently owned by corporate insiders. ## Analyst Upgrades and Downgrades - The Top 2 Chip Stocks Going Into Earnings Season Separately, BWS Financial reaffirmed a "buy" rating and set a $12.00 price objective on shares of Garrett Motion in a research report on Friday, October 25th. **View Our Latest Report on GTX** ## Garrett Motion Trading Down 1.0 % - Can Garrett Motion Turbocharge A Short Squeeze? GTX stock opened at $9.50 on Friday. The business's fifty day moving average price is $8.15 and its 200 day moving average price is $8.36. Garrett Motion Inc. has a 12-month low of $7.13 and a 12-month high of $10.16. The company has a market capitalization of $2.03 billion, a PE ratio of 9.31 and a beta of 1.16. Garrett Motion (NYSE:GTX - Get Free Report) last issued its quarterly earnings results on Thursday, October 24th. The company reported $0.24 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.30 by ($0.06). Garrett Motion had a negative return on equity of 31.48% and a net margin of 6.54%. The business had revenue of $826.00 million for the quarter, compared to analysts' expectations of $854.00 million. During the same quarter last year, the company earned $0.23 earnings per share. Research analysts predict that Garrett Motion Inc. will post 1.08 EPS for the current fiscal year. ## Garrett Motion Dividend Announcement The firm also recently announced a -- dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be issued a dividend of $0.06 per share. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a yield of 2.7%. ## Garrett Motion Company Profile (Free Report) Garrett Motion Inc, together with its subsidiaries, designs, manufactures, and sells turbocharging, air and fluid compression, and high-speed electric motor technologies for original equipment manufacturers and distributors worldwide. The company offers cutting-edge technology for the mobility and industrial space, including light vehicles, commercial vehicles, and industrial applications. ## Featured Stories - Five stocks we like better than Garrett Motion - How to Use High Beta Stocks to Maximize Your Investing Profits - FinWise Bancorp’s CEO Talks Strategy Behind Fintech Success - 3 Tickers Leading a Meme Stock Revival - Broadcom: Turning the Mag 7 Into 8 Trillion-Dollar Tech Giants - Most Volatile Stocks, What Investors Need to Know - SoundHound AI: Can Its Meteoric Rise Sustain Into 2025? **Want to see what other hedge funds are holding GTX?** Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Garrett Motion Inc. (NYSE:GTX - Free Report). *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.* → Blackrock’s Sending THIS Crypto Higher on Purpose (From Crypto 101 Media) (Ad)## Should you invest $1,000 in Garrett Motion right now? Before you consider Garrett Motion, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Garrett Motion wasn't on the list. While Garrett Motion currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [GTX.US - Garrett Motion](https://longbridge.com/en/quote/GTX.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Garrett Motion｜8-K：2025 財年營收 35.84 億美元超過預期 | | [Link](https://longbridge.com/en/news/276328464.md) | | 在與濰柴合作推出 MEG 渦輪增壓器後，評估 Garrett Motion (GTX) 的估值 | Garrett Motion (GTX) 與濰柴合作推出了其 MEG 渦輪增壓器，目標市場為海洋推進和發電。過去一個月股價上漲了 11.42%，過去一個季度上漲了 31.65%，一年總股東回報率為 125.51%。目前交易價格為 20.59 | [Link](https://longbridge.com/en/news/276347151.md) | | Garrett Motion｜10-K：2025 財年營收 35.84 億美元超過預期 | | [Link](https://longbridge.com/en/news/276329848.md) | | Garrett Motion 的電子冷卻壓縮機正在重新定義中國電動巴士和卡車的熱管理效率和動力 \| GTX 股票新聞 | Garrett Motion Inc. 已與 Cling 簽署了一份重要合同，將於 2027 年開始生產其創新的無油箔軸承離心壓縮機。這項技術將提升中國電動公交車和卡車的 HVAC 系統，提供更高的冷卻效率、更小的體積和更低的噪音水平。此次 | [Link](https://longbridge.com/en/news/276427009.md) | | Garrett Motion (NYSE:GTX) 公佈了財務業績，每股收益超出預期 0.03 美元 | Garrett Motion（NYSE:GTX）報告的季度每股收益為 0.42 美元，超出預期 0.03 美元。該公司實現了同比 5.6% 的收入增長，淨利潤率為 8.12%，股本回報率為負的 38.75%。儘管收益表現積極，GTX 股票在 | [Link](https://longbridge.com/en/news/276367455.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.