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 Q1 regulatory disclosures by fund managers ($100M+ AUM)
82% more call options, than puts
Call options by funds: $13.7M | Put options by funds: $7.52M
81% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 36
14% more repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 109
7% more funds holding
Funds holding: 312 [Q4 2024] → 333 (+21) [Q1 2025]
6.79% less ownership
Funds ownership: 113.63% [Q4 2024] → 106.84% (-6.79%) [Q1 2025]
11% less funds holding in top 10
Funds holding in top 10: 9 [Q4 2024] → 8 (-1) [Q1 2025]
14% less capital invested
Capital invested by funds: $5.41B [Q4 2024] → $4.64B (-$773M) [Q1 2025]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Citigroup Michael Ward | 2%upside $236 | Neutral Initiated | 23 Apr 2025 |
JP Morgan Rajat Gupta | 8%upside $250 | Neutral Maintained | 27 Mar 2025 |
Financial journalist opinion









