Garmin (NYSE:GRMN) CFO Sells $103,181.39 in Stock

Garmin Ltd. (NYSE:GRMN) CFO Douglas Boessen sold 479 shares of Garmin stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $215.41, for a total value of $103,181.39. Following the sale, the chief financial officer directly owned 28,488 shares in the company, valued at approximately $6,136,600.08. This trade represents a 1.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Garmin Stock Up 0.9%

Garmin stock opened at $239.70 on Friday. The business has a 50 day moving average price of $207.95 and a two-hundred day moving average price of $220.46. Garmin Ltd. has a 12 month low of $169.26 and a 12 month high of $261.69. The stock has a market cap of $46.10 billion, a price-to-earnings ratio of 27.87, a price-to-earnings-growth ratio of 2.35 and a beta of 1.00.

Garmin (NYSE:GRMN) last released its quarterly earnings data on Wednesday, February 18th. The scientific and technical instruments company reported $2.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.39 by $0.40. The business had revenue of $2.12 billion for the quarter, compared to analysts’ expectations of $2.01 billion. Garmin had a return on equity of 19.64% and a net margin of 22.96%.Garmin’s quarterly revenue was up 16.6% on a year-over-year basis. During the same period in the previous year, the business posted $2.41 earnings per share. Garmin has set its FY 2026 guidance at 9.350-9.350 EPS. On average, analysts expect that Garmin Ltd. will post 7.8 earnings per share for the current fiscal year.

Garmin Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 26th. Stockholders of record on Friday, March 12th will be given a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Friday, March 12th. Garmin’s payout ratio is 44.33%.

Hedge Funds Weigh In On Garmin

A number of institutional investors and hedge funds have recently bought and sold shares of GRMN. Quaker Wealth Management LLC increased its stake in shares of Garmin by 200.0% in the second quarter. Quaker Wealth Management LLC now owns 132 shares of the scientific and technical instruments company’s stock valued at $28,000 after buying an additional 264 shares in the last quarter. Richardson Financial Services Inc. grew its holdings in Garmin by 62.2% during the 3rd quarter. Richardson Financial Services Inc. now owns 133 shares of the scientific and technical instruments company’s stock worth $33,000 after acquiring an additional 51 shares during the last quarter. Atlas Capital Advisors Inc. acquired a new stake in Garmin in the 4th quarter valued at about $34,000. Cornerstone Planning Group LLC raised its stake in shares of Garmin by 788.9% in the third quarter. Cornerstone Planning Group LLC now owns 160 shares of the scientific and technical instruments company’s stock worth $39,000 after acquiring an additional 142 shares during the last quarter. Finally, GraniteShares Advisors LLC acquired a new position in shares of Garmin during the fourth quarter worth approximately $41,000. Institutional investors and hedge funds own 81.60% of the company’s stock.

Key Garmin News

Here are the key news stories impacting Garmin this week:

• Positive Sentiment: Q4 beat and bullish 2026 guide: Garmin reported Q4 revenue of $2.12B (+16.6% YoY) and pro‑forma EPS $2.79, topping estimates; management guided FY2026 well above consensus (EPS ~9.35), which drove the initial rally. Garmin’s Q4 Earnings Surpass Estimates, Revenues Rise Y/Y
• Positive Sentiment: Big shareholder returns: management announced a 17% hike to the quarterly dividend (now $1.05) and a new $500M share repurchase program — both support near‑term total return and likely tightened float. Garmin Jumps on Guidance, Then Doubles Down on Buybacks and a Bigger Dividend
• Positive Sentiment: Wearables and end‑market strength: Fitness (+42%), Aviation (+16%) and Marine (+18%) drove the quarter and underpin the higher guide and cash flow generation (FCF ≈ $430M). This supports margin and capital return sustainability. Fitness Wearable Boom Drives Record Profits For Garmin
• Neutral Sentiment: Analyst reactions mixed but constructive: some firms raised targets or upgraded coverage (JPMorgan raised target to $265; Morgan Stanley also upgraded in recent coverage), supporting momentum but ratings remain varied. Morgan Stanley upgrades Garmin (GRMN) JPMorgan raises target (Benzinga)
• Neutral Sentiment: Valuation is elevated vs. history: Garmin now trades at ~27x forward earnings, which prices in the growth and cash‑return story — good if execution continues, but increases downside risk if growth slows. Assessing Garmin (GRMN) Valuation After Earnings Beat Guidance Boost And New Product Releases
• Negative Sentiment: Some segment weakness and insider selling: Outdoors and Automotive OEM lagged the quarter, and recent filings show insiders have sold shares (no purchases noted), which may concern some investors. QuiverQuant analysis of Garmin move

Analyst Upgrades and Downgrades

A number of research analysts have commented on GRMN shares. Weiss Ratings restated a “buy (b)” rating on shares of Garmin in a research note on Thursday, January 22nd. Morgan Stanley raised their target price on Garmin from $193.00 to $195.00 and gave the stock an “underweight” rating in a research report on Thursday, October 30th. Barclays set a $240.00 price target on Garmin in a research note on Thursday. Tigress Financial reiterated a “strong-buy” rating on shares of Garmin in a research note on Friday, December 19th. Finally, JPMorgan Chase & Co. lifted their price objective on Garmin from $250.00 to $265.00 and gave the company a “neutral” rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $252.00.

Garmin Company Profile

Garmin Ltd. is a technology company best known for designing and manufacturing navigation, communication and information devices that leverage global positioning system (GPS) technology. The company serves a diverse set of markets including consumer fitness and wearables, automotive navigation, aviation avionics, marine electronics and outdoor handheld devices. Garmin’s products combine hardware, mapping and software services to deliver location-aware solutions for personal, recreational and professional uses.

Garmin’s product lineup includes wearable fitness and multisport watches (Forerunner, Fenix, Venu), cycling computers and accessories (Edge, Varia), handheld and handheld-mounted GPS devices for outdoor activities, automotive and portable navigation units, marine chartplotters and fishfinders, and certified avionics for fixed- and rotary-wing aircraft.