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Jupiter Asset Management Ltd. Purchases New Shares in Garrett Motion Inc. $GTX
Jupiter Asset Management Ltd. has acquired a significant new stake in Garrett Motion Inc. (NYSE:GTX), purchasing over 1 million shares valued at approximately $13.78 million, representing 0.52% of the company. Other institutional investors like Jane Street Group LLC and AlphaQuest LLC also increased their holdings. This news comes as Garrett Motion reported strong Q4 results, declared a quarterly dividend, and initiated a $250 million share repurchase program, despite some concerns regarding a cautious FY2026 automotive production outlook and potential margin compression.