Garrett Motion adds a turbocharged twist to Carmel's AI-heavy portfolio

1 hour ago 3

Seena Hassouna, The Motley Fool

Sat, April 25, 2026 astatine 3:33 PM CDT 4 min read

On April 23, 2026, Carmel Capital Management L.L.C. disclosed a caller presumption successful Garrett Motion (NASDAQ:GTX), acquiring 314,750 shares successful the archetypal quarter. The estimated transaction worth is $5.87 million, based connected quarterly mean pricing.

Acquired 314,750 shares, an estimated $5.87 cardinal commercialized based connected quarterly mean pricing
Quarter-end presumption worth roseate by $5.72 million, reflecting some caller shares and terms moves
Transaction represented a 1.7% alteration successful 13F reportable assets nether management
Post-trade holding: 314,750 shares valued astatine $5.72 million
New involvement accounts for 1.6% of money AUM, placing it extracurricular the fund's apical 5 holdings

According to a filing with the Securities and Exchange Commission dated April 23, 2026, Carmel Capital Management L.L.C. established a caller presumption successful Garrett Motion by purchasing 314,750 shares. The estimated transaction worth was $5.87 million, based connected the mean closing prices during the archetypal quarter. The quarter-end worth of the involvement stood astatine $5.72 million, reflecting some commercialized enactment and banal terms changes.

This was a caller position, representing 1.6% of the fund’s 13F assets nether absorption arsenic of March 31, 2026.
Top holdings aft the filing:
- NASDAQ:AVGO: $43.80 cardinal (12.5% of AUM)
- NYSE:VST: $38.32 cardinal (11.0% of AUM)
- NASDAQ:AMAT: $30.37 cardinal (8.7% of AUM)
- NYSE:C: $20.09 cardinal (5.8% of AUM)
- NASDAQ:ASML: $18.44 cardinal (5.3% of AUM)
As of April 24, 2026, GTX shares were priced astatine $21.01, up 129.0% implicit the past year, outperforming the S&P 500 by 98.46 percent points.

Metric

Value

Market capitalization	$3.90 billion
Revenue (TTM)	$3.58 billion
Net income (TTM)	$310.00 million
Price (as of marketplace adjacent April 24, 2026)	$21.01

Garrett Motion designs and manufactures turbochargers, electric-boosting technologies, and automotive bundle solutions for airy and commercialized vehicles.
The institution generates gross chiefly done income of precocious propulsion and boosting systems to archetypal instrumentality manufacturers and aftermarket distributors globally.
GTX serves automotive OEMs and aftermarket distributors, targeting some airy conveyance and commercialized conveyance segments worldwide.

Garrett Motion is simply a starring supplier of turbocharging and electric-boosting technologies, with a planetary beingness and a diversified lawsuit basal successful the automotive sector. The institution leverages engineering expertise to present high-performance, emission-reducing solutions for some airy and commercialized vehicles. Its strategical absorption connected innovation and beardown OEM relationships supports a resilient concern exemplary and positions it arsenic a cardinal subordinate successful the evolving automotive landscape.

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