Edgestream Partners L.P. Has $5.99 Million Position in Group 1 Automotive, Inc. $GPI

Edgestream Partners L.P. cut its holdings in Group 1 Automotive, Inc. (NYSE:GPIFree Report) by 30.0% during the first quarter, Holdings Channel.com reports. The fund owned 18,105 shares of the company’s stock after selling 7,754 shares during the period. Edgestream Partners L.P.’s holdings in Group 1 Automotive were worth $5,986,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of GPI. Allspring Global Investments Holdings LLC increased its stake in shares of Group 1 Automotive by 2,053.8% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 51,972 shares of the company’s stock worth $20,403,000 after acquiring an additional 49,559 shares during the last quarter. WINTON GROUP Ltd acquired a new position in shares of Group 1 Automotive during the 4th quarter valued at about $5,167,000. Norges Bank purchased a new stake in shares of Group 1 Automotive in the fourth quarter valued at about $98,125,000. New Age Alpha Advisors LLC increased its position in Group 1 Automotive by 1,001.6% during the fourth quarter. New Age Alpha Advisors LLC now owns 12,779 shares of the company’s stock worth $5,026,000 after purchasing an additional 11,619 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in Group 1 Automotive by 366,770.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 25,431,464 shares of the company’s stock worth $10,002,195,000 after purchasing an additional 25,424,532 shares during the last quarter. Institutional investors and hedge funds own 99.92% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on GPI shares. DA Davidson set a $425.00 target price on shares of Group 1 Automotive in a report on Friday, July 10th. Barclays cut their price target on shares of Group 1 Automotive from $470.00 to $435.00 and set an “overweight” rating for the company in a report on Wednesday, July 15th. JPMorgan Chase & Co. reduced their price target on shares of Group 1 Automotive from $390.00 to $380.00 and set an “overweight” rating on the stock in a research report on Monday, July 13th. UBS Group lowered their price objective on Group 1 Automotive from $338.00 to $330.00 and set a “neutral” rating for the company in a research report on Friday, July 10th. Finally, Benchmark reissued a “buy” rating on shares of Group 1 Automotive in a research note on Friday, July 10th. Seven analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Group 1 Automotive currently has an average rating of “Moderate Buy” and a consensus price target of $426.89.

Read Our Latest Stock Report on Group 1 Automotive

Group 1 Automotive Stock Down 17.1%

Group 1 Automotive stock opened at $296.92 on Friday. The company has a market capitalization of $3.53 billion, a PE ratio of 11.34, a price-to-earnings-growth ratio of 0.95 and a beta of 0.83. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.21 and a current ratio of 0.95. Group 1 Automotive, Inc. has a fifty-two week low of $279.10 and a fifty-two week high of $488.39. The firm has a 50 day moving average price of $314.34 and a 200 day moving average price of $331.68.

Group 1 Automotive (NYSE:GPIGet Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported $9.61 EPS for the quarter, missing analysts’ consensus estimates of $10.60 by ($0.99). Group 1 Automotive had a return on equity of 16.63% and a net margin of 1.46%.The firm had revenue of $5.39 billion for the quarter, compared to analyst estimates of $5.66 billion. During the same quarter last year, the company earned $10.82 earnings per share. The firm’s revenue for the quarter was down 5.6% on a year-over-year basis. Research analysts expect that Group 1 Automotive, Inc. will post 41.57 earnings per share for the current year.

Group 1 Automotive Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were paid a dividend of $0.55 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $2.20 annualized dividend and a yield of 0.7%. Group 1 Automotive’s dividend payout ratio is presently 8.40%.

Group 1 Automotive News Summary

Here are the key news stories impacting Group 1 Automotive this week:

  • Positive Sentiment: Group 1 agreed to acquire 10 Hennessy Automobile Companies dealerships and related real estate in the Atlanta market. The transaction is expected to add approximately $1.7 billion in annualized revenue and be immediately accretive to earnings per share after closing, subject to approvals and customary conditions. The deal advances Group 1’s strategy of building dealership clusters in attractive markets. Hennessy acquisition announcement
  • Positive Sentiment: The company said it completed a U.S. expense-reduction initiative with approximately $50 million in annualized savings, which could provide support for margins and earnings as operating conditions remain challenging. Group 1 Automotive second-quarter revenue report
  • Neutral Sentiment: Group 1 ended the quarter with 251 dealerships across the U.S. and U.K. and also acquired two retained dealerships in the Atlanta market, reinforcing its regional expansion strategy. 2026 second-quarter earnings presentation
  • Negative Sentiment: Second-quarter results missed Wall Street expectations. Adjusted EPS was $9.61 versus consensus estimates ranging from $10.60 to $10.79, while revenue was $5.39 billion versus an expected $5.66 billion. Group 1 Automotive earnings and revenue miss
  • Negative Sentiment: Revenue declined 5.6% year over year to approximately $5.4 billion, while net income from continuing operations fell to $103.0 million from $139.8 million. Diluted continuing-operations EPS declined to $8.62 from $10.77 a year earlier, reflecting pressure from softer consumer spending. Group 1 Automotive second-quarter financial results

Group 1 Automotive Company Profile

(Free Report)

Group 1 Automotive, Inc (NYSE: GPI) is an international automotive retailer headquartered in Houston, Texas. The company operates an extensive network of franchised dealerships, offering new and pre-owned vehicles from leading domestic and import manufacturers. In addition to vehicle sales, Group 1 Automotive provides a full complement of aftersales services, including finance and insurance products, parts distribution, collision repair centers and vehicle maintenance.

Founded in 1997, Group 1 Automotive has grown through both organic expansion and strategic acquisitions to establish a presence across the United States, the United Kingdom and Brazil.

Recommended Stories

Want to see what other hedge funds are holding GPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Group 1 Automotive, Inc. (NYSE:GPIFree Report).

Institutional Ownership by Quarter for Group 1 Automotive (NYSE:GPI)

Receive News & Ratings for Group 1 Automotive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Group 1 Automotive and related companies with MarketBeat.com's FREE daily email newsletter.