Asbury Automotive
About: Asbury Automotive Group is a regional collection of automobile dealerships that went public in March 2002. The company operates 152 new-vehicle stores and 37 collision centers. Over 70% of new-vehicle revenue is from luxury and import brands. Asbury also offers third-party financing and insurance products and its own F&I products via Total Care Auto. Asbury operates in 14 states (mostly Texas, the West, the Mid-Atlantic, and the Southeast). Asbury store brands include McDavid and Park Place in Texas, Koons in the Washington, D.C. area, and the Larry H. Miller brand in the Western US. Asbury generated $17.2 billion of revenue in 2024 and is based in the Atlanta area. The firm targets at least $30 billion of revenue sometime around 2030.
Employees: 15,000
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
563% more call options, than puts
Call options by funds: $22.3M | Put options by funds: $3.36M
38% more funds holding in top 10
Funds holding in top 10: 8 [Q1] → 11 (+3) [Q2]
6% more capital invested
Capital invested by funds: $4.65B [Q1] → $4.91B (+$265M) [Q2]
2.28% less ownership
Funds ownership: 107.08% [Q1] → 104.79% (-2.28%) [Q2]
5% less funds holding
Funds holding: 335 [Q1] → 319 (-16) [Q2]
15% less repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 132
24% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 54
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
|
B of A Securities
John Murphy
|
$300
|
Buy
Maintained
|
10 Sep 2025 |
|
Morgan Stanley
Adam Jonas
|
$230
|
Equal-Weight
Maintained
|
14 Aug 2025 |
|
Stephens & Co.
Jeff Lick
|
$277
|
Overweight
Upgraded
|
13 Aug 2025 |
|
JP Morgan
Rajat Gupta
|
$215
|
Underweight
Maintained
|
5 Aug 2025 |
Financial journalist opinion
Based on 6 articles about ABG published over the past 30 days
