garrett motion is an automotive technology leader, serving vehicle manufacturers worldwide for more than 65 years. garrett’s cutting-edge technology enables vehicles to become cleaner, more efficient and connected. the company’s broad offering of gas and diesel turbocharging applications, electric boosting and fuel cell technologies and automotive software solutions empowers the transportation industry to redefine and further advance motion.
Company profile
Ticker
GTX
Exchange
Website
CEO
Olivier Rabiller
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Icahn Enterprises • Magna International • Aptiv • Adient • Autoliv • BorgWarner • Visteon • Dana • Allison Transmission • PHINIA ...
Former names
Garrett Transportation Systems Inc.
SEC CIK
Corporate docs
IRS number
824873189
GTX stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
12 Apr 24
DEFA14A
Additional proxy soliciting materials
12 Apr 24
DEF 14A
Definitive proxy
12 Apr 24
PRE 14A
Preliminary proxy
29 Mar 24
EFFECT
Notice of effectiveness
16 Feb 24
POS AM
Prospectus update (post-effective amendment)
15 Feb 24
S-3ASR
Automatic shelf registration
15 Feb 24
424B3
Prospectus supplement
15 Feb 24
10-K
2023 FY
Annual report
15 Feb 24
8-K
Garrett Motion Delivers Strong 2023, Issues 2024 Outlook, Authorizes New $350M Share Repurchase Program
15 Feb 24
Transcripts
GTX
Earnings call transcript
2023 Q4
15 Feb 24
GTX
Earnings call transcript
2023 Q3
24 Oct 23
GTX
Earnings call transcript
2023 Q2
27 Jul 23
GTX
Earnings call transcript
2023 Q1
24 Apr 23
GTX
Earnings call transcript
2022 Q4
14 Feb 23
GTX
Earnings call transcript
2022 Q3
26 Oct 22
GTX
Earnings call transcript
2022 Q2
28 Jul 22
GTX
Earnings call transcript
2022 Q1
28 Apr 22
GTX
Earnings call transcript
2021 Q4
14 Feb 22
GTX
Earnings call transcript
2021 Q3
28 Oct 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 163.00 mm | 163.00 mm | 163.00 mm | 163.00 mm | 163.00 mm | 163.00 mm |
Cash burn (monthly) | 105.33 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 714.83 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | -551.83 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | -5.2 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2023
88.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 217 |
Opened positions | 21 |
Closed positions | 40 |
Increased positions | 47 |
Reduced positions | 46 |
13F shares | Current |
---|---|
Total value | 381.05 bn |
Total shares | 200.41 mm |
Total puts | 378.30 k |
Total calls | 282.50 k |
Total put/call ratio | 1.3 |
Largest owners | Shares | Value |
---|---|---|
HON Honeywell International | 70.92 mm | $0.00 |
Centerbridge Credit Partners Master | 51.79 mm | $0.00 |
Sessa Capital | 23.50 mm | $0.00 |
Cyrus Capital Partners | 10.22 mm | $78.29 bn |
Sessa Capital IM | 6.91 mm | $52.95 bn |
Attestor Value Master Fund | 4.24 mm | $34.54 mm |
Oaktree Capital Management | 3.59 mm | $27.52 bn |
Baupost | 3.58 mm | $27.41 bn |
Centerbridge Partners | 3.39 mm | $25.97 bn |
Forager Capital Management | 2.24 mm | $18.08 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
9 Apr 24 | Cyrus Capital Partners | Common Stock | Sell | Dispose S | Yes | No | 9.9941 | 271,889 | 2.72 mm | 27,341,177 |
8 Apr 24 | Cyrus Capital Partners | Common Stock | Sell | Dispose S | Yes | No | 9.9584 | 58,306 | 580.63 k | 27,613,066 |
1 Apr 24 | Daun Norman | Common Stock | Grant | Acquire A | No | No | 0 | 1,348 | 0.00 | 54,619 |
1 Apr 24 | Ninivaggi Daniel A | Common Stock | Grant | Acquire A | No | No | 0 | 3,855 | 0.00 | 79,764 |
1 Apr 24 | Camuti Paul A | Common Stock | Grant | Acquire A | No | No | 0 | 4,270 | 0.00 | 4,270 |
1 Apr 24 | Cyrus Capital Partners | Common Stock | Sell | Dispose S | Yes | No | 10.0045 | 163,027 | 1.63 mm | 27,671,372 |
News
BWS Financial Maintains Buy on Garrett Motion, Maintains $15 Price Target
8 Apr 24
Maize and Blue Stock Pitch Competition 2024 Showcases Analytical Excellence With Surprising Results, Including A Bearish Call
29 Feb 24
Garrett Motion Q4 2023 GAAP EPS $0.22, Inline,
15 Feb 24
Garrett Motion Q4 Sales $945.00 Miss $946.00M Estimate
15 Feb 24
Earnings Scheduled For February 15, 2024
15 Feb 24