Artisan Partners Limited Partnership Reduces $43M in Garmin Ltd. ($GRMN)

Key Points

  • Artisan Partners Limited Partnership changed its Garmin Ltd. ($GRMN) stake by 3.2% last quarter, cutting to 5,519,637 shares worth $1.32 billion.
  • $GRMN last traded around $238.58.

Artisan Partners Limited Partnership trimmed its position in Garmin Ltd. ($GRMN) by 3.2% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,519,637 shares of Garmin Ltd. after selling 180,186 shares during the quarter. Artisan Partners Limited Partnership's holdings in Garmin Ltd. were worth $1.32 billion as of its most recent filing.

Garmin Ltd. ($GRMN) Stock

Last price$238.58
Market cap$45.92B
P/E ratio26.60
Forward P/E23.06
PEG ratio3.27
Beta0.92
52-week low$186.67
52-week high$273.32
50-day MA$244.98
200-day MA$228.87
Current ratio4.36
Quick ratio2.66
Debt-to-equity0.02

Garmin Ltd. Earnings

EPS (ttm)$8.95
Revenue (ttm)$7.46B
Revenue growth14.2%
Net margin23.3%
Return on equity19.9%
Next earningsApr 29, 2026

Garmin Ltd. Dividend

Annual dividend$4.20
Dividend yield176.00%
Payout ratio40.2%
Ex-dividend dateJun 15, 2026

Analysts Set New Price Targets

Average target$262.43
High target$325.00
Low target$220.00
Analysts covering7

About Garmin Ltd.

Garmin Ltd. designs, develops, manufactures, markets, and distributes a diverse range of GPS-enabled products and navigation, communications, sensor-based, and information products and services worldwide. It offers running; cycling products; smartwatch devices; scales and monitors; and sports timing and performance analysis; Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms where users can track and analyze their fitness, activities and workouts, and wellness data; and Connect IQ, which enables third parties to create applications that run on Garmin devices. It also provides adventure watches; outdoor handhelds and satellite communicators; golf devices; consumer automotive; dog devices; InReach and Gramin response; and dive devices. In addition, it designs, manufactures, and markets various aircraft avionics solutions, including integrated flight decks, electronic flight displays and instrumentation, navigation and communication products, automatic flight control systems and safety-enhancing technologies, audio control systems, engine indication systems, traffic awareness and avoidance solutions, ADS-B and transponders, weather information and avoidance solutions, datalink and connectivity solutions, and portable GPS navigators and wearables, as well as service products to the aviation market. Further, it offers chartplotters and multi-function displays, cartography, fishfinders, sonar, autopilot systems, radars, compliant instrument displays and sensors, VHF communication radios, handhelds and wearable devices, sailing, audio, digital switching, trolling motors, and lighting; and domain controllers and infotainment units, as well as software, map database, camera, wearable, and automotive solutions. The company sells its products through independent retailers, dealers, distributors, installation and repair shops, OEM, and online webshop. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland.

ExchangeNYSE
SectorTechnology
IndustryScientific & Technical Instruments
HeadquartersSchaffhausen, Switzerland
CEOMr. Clifton Albert Pemble
Employees23,000

See Also

This instant news alert was generated by automated narrative technology and financial data from Opentrades and public regulatory filings. It is for informational purposes only and is not financial advice.