GARMIN LTD
At today's price, GARMIN LTD (GRMN) is priced for today's economics sustained for ~14.2 years. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
- At about $233.98 only the growth-oriented methods reach the price; the asset and earnings-power methods land far below, between roughly $78 and $137. The premium is for durable, diversified compounding the static frames cannot capture. - The balance sheet is a fortress: about $2.7 billion of net cash, zero gross debt, and a dividend the company funds easily, paying $173.6 million in dividends and buying back $40 million of stock in the quarter while still generating $469 million of free cash f
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987 institutional managers reported holding GRMN in 13F filings for the quarter ended 2026-03-31. Together they hold about 55% of the company; the top 10 hold 32%. 120 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 4.2M shares were sold short as of the 2026-06-15 count, about 2% of shares outstanding (7.1 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
GRMN's share count is about flat over the past five years ($205.08M of repurchases, offset by issuance). It pays a dividend, and has for 16 years running, raised 2 years straight; the current rate is $2.68 a share annually. Cash returned over the past three years: $1.69B in dividends and $159.57M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
No open-market insider buys on file at GRMN over the trailing three years. Absence is a fact about the company, not a signal. 18 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
GRMN's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-03 | -0.0% | -1.6% |
| 2023-11-02 | +11.6% | +8.2% |
| 2024-02-22 | +9.1% | +6.8% |
| 2024-05-02 | +14.4% | -2.5% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
GRMN's latest 8-K filings: 2026-06-08 (items 5.07, 8.01); 2026-04-29 (items 2.02, 9.01); 2026-02-18 (items 2.02, 9.01); 2025-10-29 (items 2.02, 9.01); 2025-07-30 (items 2.02, 9.01).
Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.
Last analyzed: June 27, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.