Garmin Ltd. $GRMN Shares Acquired by Drucker Wealth 3.0 LLC

Drucker Wealth 3.0 LLC grew its position in shares of Garmin Ltd. (NYSE:GRMN) by 102.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,036 shares of the scientific and technical instruments company’s stock after purchasing an additional 4,583 shares during the quarter. Drucker Wealth 3.0 LLC’s holdings in Garmin were worth $2,225,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of Garmin in the second quarter worth about $410,304,000. Vanguard Group Inc. increased its stake in shares of Garmin by 6.9% in the 2nd quarter. Vanguard Group Inc. now owns 19,698,329 shares of the scientific and technical instruments company’s stock valued at $4,111,435,000 after purchasing an additional 1,273,163 shares in the last quarter. Amundi raised its holdings in Garmin by 138.0% in the 2nd quarter. Amundi now owns 1,158,702 shares of the scientific and technical instruments company’s stock worth $247,255,000 after purchasing an additional 671,859 shares during the period. Artisan Partners Limited Partnership boosted its position in Garmin by 6.4% during the second quarter. Artisan Partners Limited Partnership now owns 5,892,150 shares of the scientific and technical instruments company’s stock worth $1,229,810,000 after purchasing an additional 356,161 shares in the last quarter. Finally, KBC Group NV grew its holdings in Garmin by 643.3% in the second quarter. KBC Group NV now owns 202,874 shares of the scientific and technical instruments company’s stock valued at $42,344,000 after purchasing an additional 175,582 shares during the period. 81.60% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Garmin

In other news, CFO Douglas G. Boessen sold 479 shares of the firm’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $215.41, for a total transaction of $103,181.39. Following the completion of the sale, the chief financial officer owned 28,488 shares in the company, valued at $6,136,600.08. This trade represents a 1.65% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Patrick Desbois sold 3,678 shares of Garmin stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $210.40, for a total transaction of $773,851.20. Following the sale, the chief operating officer directly owned 61,798 shares in the company, valued at approximately $13,002,299.20. The trade was a 5.62% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 17,073 shares of company stock valued at $3,540,774. 15.38% of the stock is owned by company insiders.

Garmin Price Performance

GRMN stock opened at $217.62 on Wednesday. Garmin Ltd. has a 1 year low of $169.26 and a 1 year high of $261.69. The firm has a market capitalization of $41.86 billion, a PE ratio of 26.80, a price-to-earnings-growth ratio of 2.27 and a beta of 1.00. The business has a 50 day simple moving average of $206.83 and a 200-day simple moving average of $220.21.

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 for the quarter, topping analysts’ consensus estimates of $2.39 by $0.40. The company had revenue of $2.12 billion for the quarter, compared to analyst estimates of $2.01 billion. Garmin had a return on equity of 19.42% and a net margin of 22.63%.Garmin has set its FY 2026 guidance at 9.350-9.350 EPS. On average, equities research analysts expect that Garmin Ltd. will post 7.8 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on GRMN shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Garmin in a research note on Thursday, January 22nd. Longbow Research upgraded shares of Garmin from a “neutral” rating to a “buy” rating and set a $250.00 price objective for the company in a research report on Wednesday, December 3rd. Barclays upgraded shares of Garmin from an “underweight” rating to an “equal weight” rating and lifted their target price for the company from $208.00 to $217.00 in a research report on Friday, January 16th. Tigress Financial restated a “strong-buy” rating on shares of Garmin in a research report on Friday, December 19th. Finally, Morgan Stanley lifted their price objective on Garmin from $193.00 to $195.00 and gave the stock an “underweight” rating in a report on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Garmin presently has a consensus rating of “Moderate Buy” and an average target price of $244.40.

More Garmin News

Here are the key news stories impacting Garmin this week:

• Positive Sentiment: Garmin issued FY‑2026 guidance of $9.35 EPS and $7.9B revenue, above consensus (EPS ~8.51; revenue ~7.4B) — a clear beat/raise that likely drove optimism about forward earnings power.
• Positive Sentiment: Q4 results beat: GAAP EPS $2.79 vs. $2.39 est. and revenue $2.12B vs. $2.01B est., with strong net margin (~22.6%) and ROE (~19.4%) — confirms near‑term demand and supports the loftier guidance. Garmin announces fourth quarter and fiscal year 2025 results
• Positive Sentiment: Capital returns and shareholder signal: Garmin reported record revenue/profit, proposed a 17% dividend increase and authorized a new $500M share‑repurchase program — these boost EPS accretion and shareholder yield. Record quarter, dividend increase, repurchase
• Positive Sentiment: Product cadence: new device launches (Garmin Catalyst 2 and zūmo XT3) broaden hardware offerings and help sustain wearable/GPS revenue momentum. Garmin Catalyst 2 zūmo XT3
• Neutral Sentiment: Analyst commentary is mixed: previews flagged double‑digit revenue growth led by wearables/marine/aviation but warned margins could be tested — results beat, but margin trajectory will drive follow‑through. Earnings preview: margin watch
• Negative Sentiment: Insider selling: CFO Douglas Boessen sold 479 shares (~$103k), a small reduction in his stake that some investors view as a modest negative signal on insider conviction. Insider Selling: CFO sale

Garmin 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.