GarminGRMN
About: Garmin produces GPS-enabled hardware and software for five verticals: fitness, outdoors, auto, aviation, and marine. The company relies on licensing mapping data to enable its hardware specialized for often niche activities like scuba diving or sailing, among many others. Garmin operates in 100 countries and sells its products via distributors as well as relationships with original equipment manufacturers.
Employees: 21,800
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
190% more first-time investments, than exits
New positions opened: 151 | Existing positions closed: 52
57% more funds holding in top 10
Funds holding in top 10: 7 [Q3] → 11 (+4) [Q4]
19% more capital invested
Capital invested by funds: $18.6B [Q3] → $22B (+$3.49B) [Q4]
11% more funds holding
Funds holding: 801 [Q3] → 886 (+85) [Q4]
4% more repeat investments, than reductions
Existing positions increased: 311 | Existing positions reduced: 298
0.75% more ownership
Funds ownership: 54.97% [Q3] → 55.72% (+0.75%) [Q4]
10% less call options, than puts
Call options by funds: $159M | Put options by funds: $176M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Barclays George Wang 53% 1-year accuracy 10 / 19 met price target | 19%downside $152 | Underweight Maintained | 30 Apr 2025 |
JP Morgan Joseph Cardoso 100% 1-year accuracy 3 / 3 met price target | 18%upside $220 | Neutral Maintained | 17 Apr 2025 |
Tigress Financial Ivan Feinseth 44% 1-year accuracy 31 / 70 met price target | 53%upside $285 | Strong Buy Maintained | 26 Feb 2025 |
Financial journalist opinion
Based on 26 articles about GRMN published over the past 30 days
