Group 1 Automotive, Inc. (NYSE:GPI – Get Free Report) major shareholder Conifer Management, L.L.C. acquired 20,471 shares of the company’s stock in a transaction on Monday, October 26th. The stock was purchased at an average cost of $246.14 per share, for a total transaction of $5,038,731.94. Following the completion of the purchase, the insider directly owned 2,012,290 shares in the company, valued at $495,305,060.60. This trade represents a 1.03% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Conifer Management, L.L.C. also recently made the following trade(s):
- On Friday, October 23rd, Conifer Management, L.L.C. acquired 34,529 shares of Group 1 Automotive stock. The shares were purchased at an average price of $242.41 per share, with a total value of $8,370,174.89.
- On Thursday, October 22nd, Conifer Management, L.L.C. acquired 45,000 shares of Group 1 Automotive stock. The shares were purchased at an average price of $240.52 per share, with a total value of $10,823,400.00.
- On Monday, September 28th, Conifer Management, L.L.C. bought 133,472 shares of Group 1 Automotive stock. The stock was purchased at an average price of $243.58 per share, with a total value of $32,511,109.76.
- On Wednesday, September 30th, Conifer Management, L.L.C. bought 71,592 shares of Group 1 Automotive stock. The stock was purchased at an average cost of $242.03 per share, for a total transaction of $17,327,411.76.
- On Tuesday, September 29th, Conifer Management, L.L.C. purchased 68,648 shares of Group 1 Automotive stock. The shares were purchased at an average price of $239.48 per share, for a total transaction of $16,439,823.04.
- On Friday, September 25th, Conifer Management, L.L.C. purchased 50,532 shares of Group 1 Automotive stock. The shares were purchased at an average price of $252.06 per share, for a total transaction of $12,737,095.92.
- On Thursday, September 24th, Conifer Management, L.L.C. purchased 75,756 shares of Group 1 Automotive stock. The shares were purchased at an average cost of $248.00 per share, with a total value of $18,787,488.00.
- On Friday, September 18th, Conifer Management, L.L.C. acquired 37,650 shares of Group 1 Automotive stock. The stock was purchased at an average price of $249.88 per share, with a total value of $9,407,982.00.
- On Thursday, September 17th, Conifer Management, L.L.C. acquired 28,000 shares of Group 1 Automotive stock. The stock was acquired at an average cost of $266.06 per share, for a total transaction of $7,449,680.00.
- On Thursday, September 10th, Conifer Management, L.L.C. acquired 36,647 shares of Group 1 Automotive stock. The stock was acquired at an average cost of $280.86 per share, for a total transaction of $10,292,676.42.
Group 1 Automotive Stock Performance
NYSE GPI opened at $249.01 on Thursday. The company has a current ratio of 1.02, a quick ratio of 0.25 and a debt-to-equity ratio of 1.03. The business’s 50 day moving average is $254.78 and its two-hundred day moving average is $308.84. Group 1 Automotive, Inc. has a 12-month low of $224.65 and a 12-month high of $429.00. The stock has a market capitalization of $2.97 billion, a price-to-earnings ratio of 10.37, a PEG ratio of 1.50 and a beta of 0.92.
Group 1 Automotive (NYSE:GPI – Get Free Report) last issued its earnings results on Wednesday, October 28th. The company reported $9.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $9.50 by ($0.14). Group 1 Automotive had a return on equity of 15.66% and a net margin of 1.31%. The business had revenue of $5.40 billion for the quarter, compared to analysts’ expectations of $5.58 billion. During the same period last year, the company posted $10.45 earnings per share. The business’s quarterly revenue was down 6.7% on a year-over-year basis. Research analysts expect that Group 1 Automotive, Inc. will post 37.68 EPS for the current year.
Group 1 Automotive Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were given a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Tuesday, September 1st. Group 1 Automotive’s dividend payout ratio (DPR) is presently 9.16%.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of GPI. Bank of America Corp DE acquired a new stake in shares of Group 1 Automotive during the second quarter worth $24,206,000. Hsbc Holdings PLC purchased a new stake in shares of Group 1 Automotive in the second quarter valued at $5,134,000. Conifer Management L.L.C. purchased a new stake in shares of Group 1 Automotive in the second quarter valued at $281,561,390. BlackRock Inc. acquired a new position in Group 1 Automotive in the second quarter valued at $593,420,000. Finally, Allspring Global Investments Holdings LLC increased its stake in Group 1 Automotive by 51.6% in the first quarter. Allspring Global Investments Holdings LLC now owns 78,794 shares of the company’s stock valued at $26,064,000 after purchasing an additional 26,822 shares during the last quarter. 99.92% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on GPI. Weiss Ratings cut shares of Group 1 Automotive from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, August 17th. KeyCorp set a $425.00 price target on shares of Group 1 Automotive in a research report on Wednesday, October 7th. JPMorgan Chase & Co. dropped their price objective on shares of Group 1 Automotive from $275.00 to $260.00 and set a “neutral” rating for the company in a research note on Tuesday, October 6th. UBS Group cut their price objective on Group 1 Automotive from $330.00 to $271.00 and set a “neutral” rating for the company in a research report on Wednesday, October 7th. Finally, Evercore set a $360.00 price objective on Group 1 Automotive in a research report on Tuesday, August 4th. Five equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $341.67.
Get Our Latest Stock Report on Group 1 Automotive
Trending Headlines about Group 1 Automotive
Here are the key news stories impacting Group 1 Automotive this week:
- Positive Sentiment: Major shareholder Conifer Management continued its aggressive accumulation of GPI shares, purchasing 20,471 shares for approximately $5.0 million on October 26, following purchases of 34,529 shares and 45,000 shares earlier in the week. The buying may signal management-side confidence in the stock’s valuation. Insider Buying: Group 1 Automotive Major Shareholder Acquires Shares
- Neutral Sentiment: GPI held its third-quarter 2026 earnings call and released an accompanying presentation. Investors will focus on commentary regarding vehicle demand, margins, inventory, financing and the outlook for its U.S., U.K. and Brazil operations. Group 1 Automotive Q3 2026 Earnings Call Transcript
- Negative Sentiment: Third-quarter adjusted earnings were $9.36 per share, below consensus estimates ranging from $9.50 to $9.65 and down from $10.45 a year earlier. Revenue was $5.40 billion, below the $5.58 billion estimate and down 6.7% year over year. The simultaneous revenue and earnings declines suggest continued pressure on dealership sales and profitability, making the earnings miss the primary reason for the negative stock reaction. Group 1 Automotive Reports Third Quarter 2026 Financial Results
Group 1 Automotive Company Profile
Group 1 Automotive, Inc is an international automotive retailer headquartered in Houston, Texas. The company operates dealerships that sell new and used automobiles and light trucks from a broad range of manufacturers.
In addition to vehicle sales, Group 1 Automotive provides automotive financing and insurance products, vehicle maintenance and repair, collision services, replacement parts, and other related services. Its dealerships also market vehicles through digital retailing platforms.
Founded in 1997, Group 1 Automotive serves customers through a network of dealerships and automotive service locations in the United States, the United Kingdom, and Brazil.
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