""Garmin Ltd (GRMN) continues to gain favor with institutional investors who hold a significant 56% of the company's shares. Notable transactions include Epoch Investment Partners and Orion Portfolio Solutions reducing their positions, while Avantax Advisory Services, Toronto Dominion Bank, and Susquehanna Fundamental Investments have increased their holdings. Garmin's stock reached a 52-week high of $175.14, and it have announced a dividend of $0.75. The company reported robust Q1 2024 results and overall strong fiscal year 2023 results. Apart from this, Garmin shares saw an uptrend, which could be largely attributed to their strong fundamentals. Vanguard Group, on the other hand, sold 121,631 shares, and GSA Capital Partners and M&G Plc made new investments in the company. Garmin has reported record Q1 revenues across all segments and introduces the Panoptix PS22-IF, a live sonar solution optimized for ice fishing. The company is also increasing its dividend to $0.75, while it continues to expand its executive team. Finally, the company reported positive Q4 results and Q1 2024 earnings, with a favorable outlook for the future, leading to a surge in its stock prices. It also received an average rating of 'Hold' from analysts. "",
