AutoNation
About: AutoNation is the second-largest automotive dealer in the United States, with 2024 revenue of about $27 billion and over 240 dealerships, plus 52 collision centers. The firm also has 26 AutoNation USA used-vehicle stores, a captive lender, four auction sites, and three parts distributors across 20 states primarily in Sunbelt metropolitan areas. New-vehicle sales account for nearly half of revenue; the company also sells used vehicles, parts, and repair services as well as auto financing. The company (formerly Republic Industries) divested its waste management unit (Republic Services) in 1999 and its car rental businesses (ANC Rental) in 2000. Wayne Huizenga founded the company in the 1990s to bring the rollup acquisition strategy to auto retailing, which has proved to be a smart move.
Employees: 25,100
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
71% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 49
63% more call options, than puts
Call options by funds: $23.3M | Put options by funds: $14.3M
27% more capital invested
Capital invested by funds: $4.1B [Q1] → $5.22B (+$1.12B) [Q2]
6% more funds holding
Funds holding: 462 [Q1] → 490 (+28) [Q2]
5.13% more ownership
Funds ownership: 64.53% [Q1] → 69.66% (+5.13%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 6 [Q1] → 6 (+0) [Q2]
14% less repeat investments, than reductions
Existing positions increased: 155 | Existing positions reduced: 181
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
B of A Securities
John Murphy
|
$250
|
Buy
Maintained
|
10 Sep 2025 |
Morgan Stanley
Adam Jonas
|
$220
|
Overweight
Maintained
|
14 Aug 2025 |
Guggenheim
Ali Faghri
|
$228
|
Buy
Maintained
|
11 Aug 2025 |
JP Morgan
Rajat Gupta
|
$205
|
Neutral
Maintained
|
5 Aug 2025 |
Stephens & Co.
Jeff Lick
|
$200
|
Equal-Weight
Maintained
|
29 Jul 2025 |
Wells Fargo
Colin Langan
|
$221
|
Equal-Weight
Maintained
|
28 Jul 2025 |
Financial journalist opinion
Based on 6 articles about AN published over the past 30 days