Garrett Motion (GTX) reported third-quarter 2026 net sales of $930 million, up 3% from $902 million a year earlier, and net income of $97 million, compared with $77 million in the prior-year quarter. Basic earnings per share were $0.52 and diluted earnings per share were $0.51.
The company reaffirmed its full-year 2026 midpoint outlook and announced a new $250 million share repurchase program for calendar 2027. It also declared a $0.08-per-share cash dividend payable December 15, 2026.
- Q3 gross profit was $206 million, with a gross margin of 22.2%, versus $186 million and 20.6% a year earlier.
- Net cash provided by operating activities totaled $135 million, compared with $100 million in Q3 2025.
- Garrett repurchased $57 million of common stock during the quarter and had $78 million of remaining capacity as of September 30.
- Full-year 2026 GAAP net sales outlook is $3.75 billion to $3.85 billion; GAAP net income outlook is $337 million to $352 million.
- Available liquidity was $841 million as of September 30, including $211 million in unrestricted cash and cash equivalents.
$GTX Insider Trading Activity
$GTX insiders have traded $GTX stock on the open market 6 times in the past 6 months. Of those trades, 0 have been purchases and 6 have been sales.
Here’s a breakdown of recent trading of $GTX stock by insiders over the last 6 months:
- SEAN DEASON (SVP & Chief Financial Officer) sold 110,000 shares for an estimated $3,512,597
- THIERRY MABRU (SVP, Integrated Supply Chain) sold 70,000 shares for an estimated $2,309,811
- MARK ALBERT RODRIGUES (SVP, GM GBEs Turbo Tech) has made 0 purchases and 2 sales selling 16,656 shares for an estimated $560,109.
- DANIEL A NINIVAGGI sold 17,178 shares for an estimated $536,293
- JULIA STEYN sold 178 shares for an estimated $4,984
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$GTX Hedge Fund Activity
We have seen 227 institutional investors add shares of $GTX stock to their portfolio, and 188 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- OAKTREE CAPITAL MANAGEMENT LP removed 9,500,000 shares (-55.6%) from their portfolio in Q2 2026, for an estimated $344,185,000
- FMR LLC added 8,399,113 shares (+101.8%) to their portfolio in Q2 2026, for an estimated $304,299,863
- GATES CAPITAL MANAGEMENT, INC. removed 3,455,787 shares (-58.2%) from their portfolio in Q2 2026, for an estimated $125,203,163
- D. E. SHAW & CO., INC. added 3,315,699 shares (+247.0%) to their portfolio in Q2 2026, for an estimated $120,127,774
- VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. added 2,916,983 shares (+inf%) to their portfolio in Q2 2026, for an estimated $105,682,294
- WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC removed 2,826,404 shares (-46.6%) from their portfolio in Q2 2026, for an estimated $102,400,616
- MACKENZIE FINANCIAL CORP added 2,572,596 shares (+1012.1%) to their portfolio in Q2 2026, for an estimated $93,205,153
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
