Jupiter Asset Management Ltd. Invests $17.69 Million in The Goodyear Tire & Rubber Company $GT

NodeGuardian · 2026-03-07T21:16:35+00:00

Jupiter Asset Management Ltd. has acquired a $17.69 million stake in Goodyear, buying 2,364,486 shares. Other investors have also increased their holdings. Goodyear's earnings of $0.39 missed estimates, leading analysts to maintain a "Hold" rating with a target of $10.83.

NodeGuardian

2026-03-07 21:16:35

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Jupiter Asset Management Ltd. has acquired a new stake worth approximately $17.69 million in The Goodyear Tire & Rubber Company during the third quarter, purchasing 2,364,486 shares. Other institutional investors like Greenvale Capital LLP and Marshall Wace LLP have also significantly increased their positions in Goodyear. The company reported quarterly earnings of $0.39 per share, missing consensus estimates, and analysts currently have a “Hold” rating on the stock with a consensus price target of $10.83.

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