CenterBook Partners LP has purchased 68,161 shares of Garrett Motion Inc. (NYSE:GTX) worth approximately $928,000 in the third quarter. This investment follows Garrett Motion’s strong Q4 performance, including an EPS beat and robust full-year 2025 results, along with a newly authorized $250 million stock buyback and a quarterly dividend. Despite positive results and rising analyst price targets, the company’s cautious FY2026 automotive production outlook and concerns about margin compression introduce some uncertainty.
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CenterBook Partners LP Invests $928,000 in Garrett Motion Inc. $GTX
CenterBook Partners LP has purchased 68,161 shares of Garrett Motion Inc. (NYSE:GTX) worth approximately $928,000 in the third quarter. This investment follows Garrett Motion’s strong Q4 performance, including an EPS beat and robust full-year 2025 results, along with a newly authorized $250 million stock buyback and a quarterly dividend. Despite positive results and rising analyst price targets, the company’s cautious FY2026 automotive production outlook and concerns about margin compression introduce some uncertainty.