<div id="readability-page-1"><p>Cwm LLC lowered its stake in  Garmin Ltd. (NYSE:GRMN - Free Report) by 32.0% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor  owned 17,725 shares of the scientific and technical instruments company's stock after selling 8,336 shares during the quarter. Cwm LLC's holdings in Garmin were worth $3,699,000 as of its most recent filing with the SEC.</p><ul><li>HSAs for Gym Memberships? These 3 Fitness Stocks Could Soar</li></ul><p>A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Kestra Private Wealth Services LLC lifted its stake in shares of  Garmin by 18.7% during the 1st quarter. Kestra Private Wealth Services LLC now owns 8,559 shares of the scientific and technical instruments company's stock worth $1,858,000 after purchasing an additional 1,347 shares during the period.  Concurrent Investment Advisors LLC increased its holdings in shares of  Garmin by 23.4% during the 1st quarter. Concurrent Investment Advisors LLC now owns 2,304 shares of the scientific and technical instruments company's stock worth $500,000 after buying an additional 437 shares during the last quarter.  Wealth Enhancement Advisory Services LLC increased its holdings in  Garmin by 46.7% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 89,715 shares of the scientific and technical instruments company's stock valued at $19,480,000 after purchasing an additional 28,543 shares in the last quarter.  First Hawaiian Bank acquired a new stake in  Garmin in the 1st quarter valued at $1,649,000.  Finally, Acadian Asset Management LLC increased its holdings in  Garmin by 7.2% in the 1st quarter. Acadian Asset Management LLC now owns 75,428 shares of the scientific and technical instruments company's stock valued at $16,368,000 after purchasing an additional 5,089 shares in the last quarter. Hedge funds and other institutional investors own  81.60% of the company's stock. </p><h2>Garmin Price Performance</h2><p>Shares of Garmin stock opened at $246.56 on Friday. The business has a 50-day moving average of $240.58 and a 200-day moving average of $217.40. The company has a market capitalization of $47.46 billion, a PE ratio of 30.40, a P/E/G ratio of 2.73 and a beta of 0.98. Garmin Ltd. has a 1-year low of $160.95 and a 1-year high of $261.69. </p><ul><li>Garmin’s Growth Signals Wearables Surge: Stocks to Watch</li></ul><p>Garmin (NYSE:GRMN - Get Free Report) last announced its earnings results on Wednesday, July 30th. The scientific and technical instruments company reported $2.17 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.27. The company had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.68 billion. Garmin had a return on equity of 20.00% and a net margin of 23.21%.The company's revenue was up 20.4% on a year-over-year basis. During the same period last year, the firm earned $1.58 earnings per share.  Garmin has set its FY 2025 guidance at 8.000-8.000 EPS. On average, equities analysts expect that  Garmin Ltd. will post 7.8 earnings per share for the current fiscal year. </p><h2>Insider Activity at Garmin</h2><p>In other news, insider Cheng-Wei Wang sold 10,202 shares of the stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $232.48, for a total transaction of $2,371,760.96. Following the transaction, the insider owned 36,092 shares of the company's stock, valued at approximately $8,390,668.16. This trade represents a 22.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own  15.38% of the company's stock. </p><h2>Analyst Upgrades and Downgrades</h2><ul><li>Garmin Navigates to New Highs Driven By Wearables Trend</li></ul><p>Several analysts recently issued reports on the company. Weiss Ratings  reiterated a &#34;buy (b)&#34; rating on shares of Garmin in a report on Wednesday, October 8th. JPMorgan Chase &amp; Co. increased their price target on Garmin from $215.00 to $250.00 and gave the company a &#34;neutral&#34; rating in a report on Thursday, July 17th. Tigress Financial increased their price target on Garmin from $285.00 to $305.00 and gave the company a &#34;strong-buy&#34; rating in a report on Tuesday, September 30th. Barclays  reiterated an &#34;underweight&#34; rating and issued a $167.00 price target (up from $152.00) on shares of Garmin in a report on Wednesday, July 30th. Finally, Morgan Stanley increased their price target on Garmin from $186.00 to $193.00 and gave the company an &#34;underweight&#34; rating in a report on Friday, September 19th. One analyst  has rated the stock with a Strong Buy rating, one  has given a Buy rating, one  has assigned  a Hold rating and two have assigned  a Sell rating to the stock. Based on data from MarketBeat, Garmin currently has a consensus rating of &#34;Hold&#34; and an average target price of $228.75.</p><p><b>Read Our Latest Analysis on GRMN</b></p><h2>About Garmin</h2> (Free Report)<p>Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices worldwide. Its Fitness segment offers running and multi-sport watches; cycling products; smartwatch devices; scales and monitors; and fitness accessories. This segment also provides Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms where users can track and analyze their fitness, activities and workouts, and wellness data; and Connect IQ, an application development platform.</p><h2>See Also</h2><ul><li>Five stocks we like better than Garmin</li><li>Low PE Growth Stocks: Unlocking Investment Opportunities</li><li>Salesforce’s Long-Awaited Inflection is Here: Rally On!</li><li>What is a Low P/E Ratio and What Does it Tell Investors?</li><li>Rocket Lab USA Receives Wall Street Validation: Time to Buy?</li><li>Want to Profit on the Downtrend? Downtrends, Explained.</li><li>Archer Buys Rival's Patent Treasure Trove in Strategic Move</li></ul><p><strong>Want to see what other hedge funds are holding GRMN?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Garmin Ltd. (NYSE:GRMN - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUdSTU4?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUdSTU4"/></p><p><em>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.</em></p><h2>Should You Invest $1,000 in Garmin Right Now?</h2><p>Before you consider Garmin, you'll want to hear this.</p><p>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 Garmin wasn't on the list.</p><p>While Garmin currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

GRMN

<p>Cwm LLC reduced its stake in Garmin Ltd. (NYSE:GRMN) by 32% in Q2, now holding 17,725 shares valued at $3.7 million. Other institutional investors have also adjusted their positions, with notable increases from Kestra Private Wealth Services and Wealth Enhancement Advisory Services. Garmin's stock opened at $246.56, with a market cap of $47.46 billion. The company reported Q2 earnings of $2.17 per share, exceeding estimates, and revenue of $1.81 billion, up 20.4% year-over-year. Analysts have mixed ratings, with price targets ranging from $167 to $305.</p>

Cwm LLC Trims Stake in Garmin Ltd. $GRMN