Garrett Motion Shares Rise On Increased Dividend, Boosted Outlook

Dow Jones
Oct 23, 2025

By Nicholas G. Miller

 

Shares of Garrett Motion rose after the automotive technology company raised its full-year outlook and boosted its dividend.

The stock surged 18% to $14.77 and is up 64% so far this year.

The company's third-quarter sales rose 9% to $902 million, beating analysts' expectations of $861 million.

The company raised its full-year net income outlook to $265 million to $295 million, up from its previous forecast of $233 million to $278 million.

Garrett Motion also increased its quarterly dividend to eight cents a share, up two cents.

 

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

 

(END) Dow Jones Newswires

October 23, 2025 10:03 ET (14:03 GMT)

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