tiprankstipranks
Trending News
More News >

Garmin Shareholders Approve Key Proposals at AGM

Story Highlights
Garmin Shareholders Approve Key Proposals at AGM

Don’t Miss TipRanks’ Half-Year Sale

Garmin ( (GRMN) ) has issued an announcement.

On June 6, 2025, Garmin held its annual general meeting where shareholders approved several proposals, including the 2024 Annual Report, appropriation of earnings, and a cash dividend of $3.60 per share to be paid in four installments. The shareholders also re-elected directors and approved the compensation for executive management and the board. The approval of these proposals reflects strong shareholder confidence in Garmin’s financial health and strategic direction, potentially enhancing its market position and stakeholder value.

The most recent analyst rating on (GRMN) stock is a Sell with a $139.00 price target. To see the full list of analyst forecasts on Garmin stock, see the GRMN Stock Forecast page.

Spark’s Take on GRMN Stock

According to Spark, TipRanks’ AI Analyst, GRMN is a Outperform.

Garmin’s overall stock score reflects its strong financial performance, highlighted by impressive profitability and low leverage. The earnings call supports a positive outlook despite tariff challenges. Technical analysis indicates a neutral stance, and valuation suggests moderate growth expectations. These factors combine to provide a solid investment proposition, albeit with some caution due to external cost pressures.

To see Spark’s full report on GRMN stock, click here.

More about Garmin

Garmin Ltd., incorporated in Switzerland, is a leader in the development of products for the aviation, automotive, fitness, marine, and outdoor markets. The company is dedicated to innovation and helping people maximize their pursuits, with principal subsidiaries located in the United States, Taiwan, and the United Kingdom.

Average Trading Volume: 1,046,146

Technical Sentiment Signal: Buy

Current Market Cap: $40.46B

For an in-depth examination of GRMN stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1