AMG National Trust Bank and
Raymond James Financial Services Advisors both starts offloading Garmin Ltd. (NYSE:GRMN) while
New York State Teachers Retirement System and
Sumitomo Mitsui Trust Holdings extend their holdings in the company.
Garmin continues to ride the AI wave, seeking to secure a position as a top growth stock for long-term investors. Here, it's noticeable that institutional investors are considering Garmin as a favorite. They have declared a dividend of $0.75. Key executive figures including
Patrick Desbois and
Douglas Boessen have each made notable sales of company stock alongside
Wang Cheng-Wei.
Garmin impresses with earnings performances in Q1 and Q2 2024, thus outperforming several estimates. Garmin's contribution to AI, its increasing dividends, and strong quarterly results all hint at promising financial metrics. Garmin products, such as innovative technology to prevent runway incursions and integration with
Google Pixel Satellite SOS, highlight their involvement in constant innovation. Garmin is featured on
Forbes' 2024 list of America's best large employers, reinforcing its strong company culture.
Garmin Ltd GRMN News Analytics from Wed, 01 Nov 2023 07:00:00 GMT to Sun, 25 Aug 2024 22:40:37 GMT -
Rating 9
- Innovation 8
- Information 7
- Rumor -2
