<div id="readability-page-1"><p>Commerzbank Aktiengesellschaft FI boosted its position in shares of  Garmin Ltd. (NYSE:GRMN - Free Report) by 282.5% during the 4th quarter, according to its most recent 13F filing with the Securities &amp; Exchange Commission. The firm owned 6,518 shares of the scientific and technical instruments company's stock after purchasing an additional 4,814 shares during the quarter. Commerzbank Aktiengesellschaft FI's holdings in Garmin were worth $1,322,000 as of its most recent filing with the Securities &amp; Exchange Commission.</p><ul><li>A New Focus for GoPro: Is a Takeover in the Frame?</li></ul><p>Several other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in  Garmin by 2.5% during the 3rd quarter. Vanguard Group Inc. now owns 20,197,564 shares of the scientific and technical instruments company's stock worth $4,973,044,000 after purchasing an additional 499,235 shares during the period.  State Street Corp increased its holdings in shares of  Garmin by 1.8% in the 3rd quarter. State Street Corp now owns 7,250,844 shares of the scientific and technical instruments company's stock valued at $1,785,304,000 after acquiring an additional 126,677 shares during the period.  Dimensional Fund Advisors LP increased its holdings in shares of  Garmin by 1.1% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,494,519 shares of the scientific and technical instruments company's stock valued at $367,964,000 after acquiring an additional 16,622 shares during the period.  Disciplined Growth Investors Inc. MN increased its holdings in shares of  Garmin by 0.4% in the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 1,419,365 shares of the scientific and technical instruments company's stock valued at $296,250,000 after acquiring an additional 5,213 shares during the period.  Finally, AQR Capital Management LLC increased its holdings in shares of  Garmin by 15.7% in the 3rd quarter. AQR Capital Management LLC now owns 1,348,955 shares of the scientific and technical instruments company's stock valued at $330,373,000 after acquiring an additional 182,548 shares during the period. 81.60% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>Key Headlines Impacting Garmin</h2><p>Here are the key news stories impacting Garmin this week:</p><ul>   <li><span>Positive Sentiment: </span>Zacks Research raised its FY2027 EPS estimate for Garmin to $9.82 from $9.74 and lifted its Q1 2028 estimate to $2.02 from $1.93, suggesting better longer-term earnings expectations. <i></i><span>Garmin estimate update</span></li>   <li><span>Positive Sentiment: </span>The broader analyst note still shows Garmin expected to grow earnings over time, with Zacks also forecasting FY2028 EPS of $10.93, despite a small reduction from prior estimates. <i></i><span>Garmin estimate update</span></li>    <li><span>Neutral Sentiment: </span>Zacks kept a <strong>Hold</strong> rating on Garmin, signaling a cautious but not bearish stance overall. <i></i><span>Garmin analyst rating</span></li>   <li><span>Neutral Sentiment: </span>Garmin recently beat quarterly earnings and revenue expectations, which provides a supportive backdrop, but that news is being offset today by the new analyst revisions. <i></i><span>Garmin stock page</span></li>    <li><span>Negative Sentiment: </span>Zacks cut near-term EPS estimates for Q2 2026 to $2.13 from $2.26, Q3 2026 to $2.32 from $2.38, Q4 2026 to $2.81 from $2.90, and Q4 2027 to $3.18 from $3.23, which can pressure the stock by implying softer earnings momentum. <i></i><span>Garmin estimate cuts</span></li>   <li><span>Negative Sentiment: </span>Zacks also lowered Garmin’s Q2 2027 and FY2028 estimates slightly, reinforcing a more cautious near- to medium-term outlook for earnings growth. <i></i><span>Garmin estimate cuts</span></li> </ul><h2>Insider Activity</h2><ul><li>Garmin Jumps on Guidance, Then Doubles Down on Buybacks and a Bigger Dividend</li></ul><p>In related news, VP Susan Lyman sold 3,805 shares of the business's stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $251.32, for a total transaction of $956,272.60. Following the transaction, the vice president directly owned 7,471 shares in the company, valued at $1,877,611.72. The trade was a 33.74% decrease in their position. The sale was disclosed in a filing with the Securities &amp; Exchange Commission, which is available through this link. Also, CFO Douglas G. Boessen sold 3,487 shares of the business's stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $251.66, for a total value of $877,538.42. Following the transaction, the chief financial officer owned 28,049 shares in the company, valued at approximately $7,058,811.34. This trade represents a 11.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 40,246 shares of company stock worth $10,110,041 over the last quarter. Company insiders own  15.38% of the company's stock. </p><h2>Garmin Price Performance</h2><p>Shares of GRMN stock opened at $226.04 on Friday. Garmin Ltd. has a 1-year low of $186.67 and a 1-year high of $273.32. The stock's fifty day moving average price is $244.83 and its 200 day moving average price is $222.45. The company has a market cap of $43.59 billion, a price-to-earnings ratio of 25.20, a price-to-earnings-growth ratio of 2.66 and a beta of 0.94. </p><ul><li>HSAs for Gym Memberships? These 3 Fitness Stocks Could Soar</li></ul><p>Garmin (NYSE:GRMN - Get Free Report) last announced its earnings results on Wednesday, April 29th. The scientific and technical instruments company reported $2.08 earnings per share for the quarter, topping the consensus estimate of $1.84 by $0.24. Garmin had a return on equity of 20.07% and a net margin of 23.26%.The firm had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.72 billion. During the same period in the previous year, the business earned $1.61 EPS. The firm's revenue for the quarter was up 14.0% on a year-over-year basis. Garmin has set its FY 2026 guidance at 9.350-9.350 EPS.  As a group, equities research analysts anticipate that  Garmin Ltd. will post 9.57 earnings per share for the current year. </p><h2>Garmin Dividend Announcement</h2><p>The firm also recently announced a quarterly dividend, which will be paid on Friday, March 26th. Investors of record on Friday, March 12th will be paid a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a yield of 1.9%. The ex-dividend date is Friday, March 12th. Garmin's payout ratio is 40.13%. </p><h2>Analyst Ratings Changes</h2><p>A number of research analysts have recently issued reports on the company. Tigress Financial lifted their price target on Garmin from $310.00 to $320.00 and gave the company a &#34;strong-buy&#34; rating in a report on Friday, February 20th. Barclays cut their price target on Garmin from $240.00 to $238.00 and set an &#34;equal weight&#34; rating on the stock in a report on Thursday, April 30th. Morgan Stanley  set a $249.00 price target on Garmin in a report on Thursday, April 30th. Weiss Ratings  reiterated a &#34;buy (b)&#34; rating on shares of Garmin in a report on Thursday, January 22nd. Finally, JPMorgan Chase &amp; Co. lifted their price target on Garmin from $265.00 to $285.00 and gave the company a &#34;neutral&#34; rating in a report on Thursday, April 16th. One research analyst  has rated the stock with a Strong Buy rating, two have issued  a Buy rating and four have assigned  a Hold rating to the stock. Based on data from MarketBeat, the company  has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $268.40.</p><p><b>Get Our Latest Report on Garmin</b></p><h2>Garmin Company Profile</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>3 Stocks to Own If Gas Prices Keep Rising</li><li>3 Crucial Aerospace Component Makers That Analysts Love</li><li>Alphabet's Googlebook Brings Gemini AI to PC Hardware</li><li>Peloton Stock Gives Back Gains After Upbeat Earnings Report</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 Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

GRMN

<p>Commerzbank Aktiengesellschaft FI increased its stake in Garmin Ltd. (NYSE:GRMN) by 282.5% in Q4, owning 6,518 shares valued at $1.32 million. Other institutional investors also raised their holdings. Zacks Research adjusted Garmin's FY2027 EPS estimate to $9.82, while maintaining a Hold rating. Insider sales were reported, with significant transactions by VP Susan Lyman and CFO Douglas G. Boessen. Garmin's stock opened at $226.04, with a 1-year range of $186.67 to $273.32.</p>

Market Beat

Garmin

Commerzbank Aktiengesellschaft FI Grows Stake in Garmin Ltd. $GRMN