<div id="readability-page-1"><p>Osaic Holdings Inc. grew its stake in  Garmin Ltd. (NYSE:GRMN - Free Report) by 27.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 48,072 shares of the scientific and technical instruments company's stock after acquiring an additional 10,436 shares during the period. Osaic Holdings Inc.'s holdings in Garmin were worth $10,163,000 as of its most recent filing with the Securities and Exchange Commission.</p><ul><li>HSAs for Gym Memberships? These 3 Fitness Stocks Could Soar</li></ul><p>A number of other large investors also recently modified their holdings of the stock. Quaker Wealth Management LLC raised its position in  Garmin by 200.0% in the 2nd quarter. Quaker Wealth Management LLC now owns 132 shares of the scientific and technical instruments company's stock worth $28,000 after purchasing an additional 264 shares during the last quarter.  Groupe la Francaise acquired a new stake in shares of  Garmin in the 1st quarter valued at $33,000.  Newbridge Financial Services Group Inc. raised its position in shares of  Garmin by 96.9% during the second quarter. Newbridge Financial Services Group Inc. now owns 250 shares of the scientific and technical instruments company's stock worth $52,000 after acquiring an additional 123 shares during the last quarter.  SOA Wealth Advisors LLC. raised its position in shares of  Garmin by 27.5% during the second quarter. SOA Wealth Advisors LLC. now owns 269 shares of the scientific and technical instruments company's stock worth $56,000 after acquiring an additional 58 shares during the last quarter.  Finally, GFG Capital LLC acquired a new position in shares of  Garmin during the second quarter valued at $67,000. 81.60% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Garmin Stock Performance</h2><p>Shares of NYSE GRMN opened at $201.41 on Friday. Garmin Ltd. has a 52-week low of $169.26 and a 52-week high of $261.69. The stock has a market cap of $38.74 billion, a P/E ratio of 24.80, a P/E/G ratio of 2.28 and a beta of 1.01. The firm has a 50 day moving average price of $212.64 and a 200 day moving average price of $222.30. </p><ul><li>Garmin’s Growth Signals Wearables Surge: Stocks to Watch</li></ul><p>Garmin (NYSE:GRMN - Get Free Report) last announced its quarterly earnings results on Wednesday, October 29th. The scientific and technical instruments company reported $1.99 earnings per share for the quarter, hitting analysts' consensus estimates of $1.99. Garmin had a net margin of 22.63% and a return on equity of 19.42%. The company had revenue of $1.77 billion for the quarter, compared to analysts' expectations of $1.78 billion. During the same period last year, the firm posted $1.99 earnings per share. The business's quarterly revenue was up 11.7% compared to the same quarter last year. Garmin has set its FY 2025 guidance at 8.150-8.150 EPS.  Analysts predict that  Garmin Ltd. will post 7.8 earnings per share for the current fiscal year. </p><h2>Wall Street Analysts Forecast Growth</h2><p>A number of analysts recently commented on the company. Tigress Financial  reiterated a &#34;strong-buy&#34; rating on shares of Garmin in a research report on Friday. Longbow Research upgraded shares of Garmin from a &#34;neutral&#34; rating to a &#34;buy&#34; rating and set a $250.00 target price on the stock in a research report on Wednesday, December 3rd. Morgan Stanley raised their target price on shares of Garmin from $193.00 to $195.00 and gave the company an &#34;underweight&#34; rating in a research note on Thursday, October 30th. Weiss Ratings  reissued a &#34;buy (b)&#34; rating on shares of Garmin in a research note on Wednesday, October 8th. Finally, Barclays increased their price objective on shares of Garmin from $167.00 to $208.00 and gave the company an &#34;underweight&#34; rating in a report on Thursday, October 30th. One investment analyst  has rated the stock with a Strong Buy rating, two have issued  a Buy rating, one  has issued  a Hold rating and two have issued  a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of &#34;Hold&#34; and an average price target of $242.60.</p><ul><li>Garmin Navigates to New Highs Driven By Wearables Trend</li></ul><p><b>Get Our Latest Stock Report on Garmin</b></p><h2>Insider Activity</h2><p>In related news, CEO Clifton A. Pemble sold 10,431 shares of the business's stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $206.23, for a total value of $2,151,185.13. Following the completion of the transaction, the chief executive officer directly owned 135,180 shares in the company, valued at approximately $27,878,171.40. The trade was a 7.16% decrease in their position. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which can be accessed through this hyperlink. Also, CFO Douglas G. Boessen sold 2,485 shares of the stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $206.26, for a total value of $512,556.10. Following the sale, the chief financial officer directly owned 28,916 shares of the company's stock, valued at approximately $5,964,214.16. The trade was a 7.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own  15.38% of the company's stock. </p><h2>About Garmin</h2> (Free Report)<p>Garmin Ltd. is a technology company best known for designing and manufacturing navigation, communication and information devices that leverage global positioning system (GPS) technology. The company serves a diverse set of markets including consumer fitness and wearables, automotive navigation, aviation avionics, marine electronics and outdoor handheld devices. Garmin's products combine hardware, mapping and software services to deliver location-aware solutions for personal, recreational and professional uses.  </p><p>Garmin's product lineup includes wearable fitness and multisport watches (Forerunner, Fenix, Venu), cycling computers and accessories (Edge, Varia), handheld and handheld-mounted GPS devices for outdoor activities, automotive and portable navigation units, marine chartplotters and fishfinders, and certified avionics for fixed- and rotary-wing aircraft.</p><h2>Read More</h2><ul><li>Five stocks we like better than Garmin</li><li>What Is WallStreetBets and What Stocks Are They Targeting?</li><li>These 3 Banks Are Rallying Into Year-End, But Will It Continue?</li><li>Dividend Payout Ratio Calculator</li><li>3 Surging Stocks Just Got the Ultimate Stamp of Approval From the S&amp;P 500</li><li>There Are Different Types of Stock To Invest In</li><li>This ETF Caught a Major Tailwind After the Fed’s Rate Cut</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 reporting and unbiased coverage. 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>Osaic Holdings Inc. increased its stake in Garmin Ltd. by 27.7% in Q2, now holding 48,072 shares worth $10.16 million. Other investors also modified their holdings. Garmin's stock opened at $201.41, with a market cap of $38.74 billion. Analysts have mixed ratings on Garmin, with a consensus 'Hold' rating and an average price target of $242.60. CEO Clifton A. Pemble sold 10,431 shares recently.</p>

Osaic Holdings Inc. Has $10.16 Million Holdings in Garmin Ltd. $GRMN