Garmin Ltd. $GRMN Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lessened its holdings in Garmin Ltd. (NYSE:GRMN) by 4.1% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 376,380 shares of the scientific and technical instruments company’s stock after selling 15,930 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.20% of Garmin worth $92,672,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Quaker Wealth Management LLC raised 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 acquiring an additional 264 shares in the last quarter. Tradewinds Capital Management LLC purchased a new stake in Garmin during the 3rd quarter worth about $44,000. SJS Investment Consulting Inc. increased its holdings in Garmin by 1,530.8% during the 3rd quarter. SJS Investment Consulting Inc. now owns 212 shares of the scientific and technical instruments company’s stock worth $52,000 after purchasing an additional 199 shares during the period. Blue Trust Inc. raised its position in Garmin by 30.6% in the 3rd quarter. Blue Trust Inc. now owns 235 shares of the scientific and technical instruments company’s stock valued at $58,000 after purchasing an additional 55 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. boosted its stake in shares of Garmin by 96.9% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 250 shares of the scientific and technical instruments company’s stock valued at $52,000 after buying an additional 123 shares during the period. Institutional investors and hedge funds own 81.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on GRMN shares. Weiss Ratings reissued a “buy (b)” rating on shares of Garmin in a research report on Wednesday, October 8th. Barclays boosted their price target on shares of Garmin from $167.00 to $208.00 and gave the stock an “underweight” rating in a report on Thursday, October 30th. Morgan Stanley raised their price objective on shares of Garmin from $193.00 to $195.00 and gave the company an “underweight” rating in a report on Thursday, October 30th. Longbow Research upgraded shares of Garmin from a “neutral” rating to a “buy” rating and set a $250.00 target price for the company in a research note on Wednesday, December 3rd. Finally, Tigress Financial reissued a “strong-buy” rating on shares of Garmin in a report on Friday, December 19th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $242.60.

Key Stories Impacting Garmin

Here are the key news stories impacting Garmin this week:

• Positive Sentiment: Garmin unveiled Unified Cabin 2026 at CES, an AI/LLM-based conversational, multi‑intent, multi‑lingual in‑vehicle assistant and single‑SoC Android Automotive solution — a step into higher‑value automotive software and services. Garmin introduces Unified Cabin 2026Article
• Positive Sentiment: Garmin and Meta announced an OEM proof‑of‑concept pairing Garmin Unified Cabin with Meta’s Neural Band (EMG gestures) — highlights potential for novel in‑car UX and third‑party ecosystem reach. Garmin and Meta announce automotive OEM proof of conceptArticle
• Positive Sentiment: Expanded collaboration with Qualcomm to deliver the Nexus High‑Performance Compute (HPC) automotive platform (Snapdragon Elite) — positions Garmin for consolidated multi‑domain vehicle platforms and higher ASPs. Garmin teams up with QualcommArticle
• Positive Sentiment: Market reaction piece: analysts and outlets noted Garmin “beat” the stock market upswing and the shares are trading up, reflecting investor enthusiasm around the CES announcements and product momentum. Garmin (GRMN) Beats Stock Market UpswingArticle
• Positive Sentiment: Wearables and services updates: Garmin announced nutrition tracking in Garmin Connect and new food/macros tracking for watches — expands subscription/service engagement and feature parity with competitors. Garmin Watches Can Now Track Food, Macros And NutritionArticle Stay on top of nutrition goals in Garmin ConnectArticle
• Positive Sentiment: New hardware for commercial/marine: announcements include the dēzl DualView truck camera system and JL Audio AP amplifiers for marine/off‑road — incremental product revenue in specialty markets. dēzl DualView camera systemArticle JL Audio AP Amplifiers from GarminArticle
• Neutral Sentiment: Valuation/comparison pieces (KE vs GRMN) and long‑term performance retrospectives are circulating; useful for investors but not immediate catalysts. KE vs. GRMNArticle 15‑year returns on Garmin stockArticle

Garmin Trading Up 2.6%

Shares of Garmin stock opened at $209.13 on Wednesday. The company has a fifty day simple moving average of $201.87 and a 200-day simple moving average of $222.48. The stock has a market cap of $40.22 billion, a price-to-earnings ratio of 25.75, a PEG ratio of 2.15 and a beta of 1.00. Garmin Ltd. has a 12-month low of $169.26 and a 12-month high of $261.69.

Garmin (NYSE:GRMN) last announced its quarterly earnings results on Wednesday, October 29th. The scientific and technical instruments company reported $1.99 EPS for the quarter, hitting the consensus estimate of $1.99. Garmin had a net margin of 22.63% and a return on equity of 19.42%. The firm had revenue of $1.77 billion for the quarter, compared to analyst estimates of $1.78 billion. During the same period last year, the business earned $1.99 EPS. Garmin’s revenue for the quarter was up 11.7% compared to the same quarter last year. Garmin has set its FY 2025 guidance at 8.150-8.150 EPS. On average, analysts forecast that Garmin Ltd. will post 7.8 earnings per share for the current fiscal year.

Insider Activity

In other news, CFO Douglas G. Boessen sold 2,485 shares of the business’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $206.26, for a total value of $512,556.10. Following the completion of the sale, the chief financial officer directly owned 28,916 shares of the company’s stock, valued at approximately $5,964,214.16. The trade was a 7.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Clifton A. Pemble sold 10,431 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $206.23, for a total value of $2,151,185.13. Following the transaction, the chief executive officer owned 135,180 shares in the company, valued at $27,878,171.40. This represents a 7.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 19.54% of the stock is currently owned by insiders.

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.