Madison Asset Management LLC Makes New $60.59 Million Investment in Asbury Automotive Group, Inc. $ABG
Madison Asset Management LLC has made a new investment of $60.59 million in Asbury Automotive Group, acquiring 301,332 shares, representing approximately 1.68% of the company. Other institutional investors also increased their stakes in ABG during the second quarter. The company reported strong quarterly earnings of $6.82 per share, surpassing estimates, and analysts currently have an average "Hold" rating with a target price of $246.71.
Denali Advisors LLC Grows Stock Position in Asbury Automotive Group, Inc. $ABG
Denali Advisors LLC increased its stake in Asbury Automotive Group (NYSE:ABG) by 25.9% in the second quarter, bringing its total holdings to 37,922 shares valued at approximately $7.6 million. Other institutions like BlackRock and Norges Bank also expanded their positions. Asbury Automotive Group reported quarterly EPS of $6.82, surpassing estimates, while revenue reached $4.38 billion.
Asbury Automotive Group, Inc. (NYSE:ABG) Given Consensus Recommendation of "Hold" by Brokerages
Brokerages have issued a consensus "Hold" rating for Asbury Automotive Group, Inc. (NYSE:ABG), with an average 12-month price target of $246.71. The company recently reported quarterly earnings of $6.82 EPS, surpassing estimates, though revenue of $4.38 billion fell short of expectations. Shares opened at $213.65, and the article notes insider selling activity and institutional investor adjustments to their holdings.
ETFs Investing in Asbury Automotive Group, Inc. Stocks
This article lists various Exchange Traded Funds (ETFs) that hold stocks of Asbury Automotive Group, Inc. The ETFs are primarily focused on small-cap and value investments, with details provided for each fund including market value, weight of AWG stock, issuer, management style, expense ratio, assets under management (AUM), price, change percentage, and 3-year NAV total return. The list aims to help investors identify diversified opportunities with lower risk.
Robotti Robert Purchases New Position in Asbury Automotive Group, Inc. $ABG
Robotti Robert has acquired a new position in Asbury Automotive Group (NYSE:ABG), purchasing 87,215 shares valued at approximately $17.5 million, making it 2.8% of their portfolio. The acquisition comes as Asbury Automotive reported strong quarterly EPS, beating analyst expectations, although revenue slightly missed estimates. Analysts currently hold a consensus "Hold" rating on ABG with an average price target of $246.71, while some insider selling was also noted.
Asbury Automotive Group (ABG) Could Be 18% Undervalued As UBS Flags 2027 Earnings Pressure
UBS has warned of potential earnings pressure for Asbury Automotive Group (ABG) in 2027 due to flat vehicle sales and slower growth in parts and service. Despite this, Simply Wall St identifies ABG as 18% undervalued, with a fair value of $254.20 per share compared to its last close of $208.54. The article suggests that ongoing portfolio optimization, debt reduction, and share repurchases could drive future EPS growth, though risks like higher leverage and used vehicle supply pressure remain.
Bank of America Corp DE Sells 28,072 Shares of Asbury Automotive Group, Inc. $ABG
Bank of America Corp DE reduced its stake in Asbury Automotive Group (NYSE:ABG) by 21.8% in Q1 2026, selling 28,072 shares and retaining 100,604 shares valued at $19.7 million. Other institutional investors showed mixed interest, with some significantly increasing holdings while an Asbury senior VP sold shares. Despite Asbury Automotive Group beating EPS estimates but missing revenue expectations, analysts maintain a consensus "Hold" rating with an average price target of $246.71.
GSA Capital Partners LLP Takes $1.54 Million Position in Asbury Automotive Group, Inc. $ABG
GSA Capital Partners LLP initiated a new position in Asbury Automotive Group, Inc. (NYSE:ABG) during the second quarter, purchasing 7,666 shares valued at approximately $1.54 million. Other institutional investors also adjusted their holdings. Asbury Automotive Group recently reported strong quarterly earnings of $6.82 per share, surpassing analyst estimates, although revenue was slightly below consensus.
Assenagon Asset Management S.A. Makes New Investment in Asbury Automotive Group, Inc. $ABG
Assenagon Asset Management S.A. has initiated a new position in Asbury Automotive Group (NYSE:ABG), purchasing 9,774 shares valued at $1.97 million. This investment comes amidst varying institutional activity, with some firms increasing their stakes while analysts maintain a cautious "Hold" rating with an average price target of $246.71. Despite recent earnings beating EPS expectations, revenue fell short, and EPS declined year-over-year.
Asbury Automotive Group (ABG): Abrams Capital group discloses 11.6% ownership stake
Abrams Capital and its related entities have disclosed an 11.6% ownership stake in Asbury Automotive Group, Inc. (ABG) as of June 30, 2026. David Abrams beneficially owns 2,162,992 shares, while various Abrams Capital entities hold significant portions of these shares, all reporting shared voting and dispositive power. The Schedule 13G/A filing indicates a passive investment intent.
Asbury Automotive Group (NYSE:ABG) Stock Price Expected to Rise, Morgan Stanley Analyst Says
Morgan Stanley raised its price target for Asbury Automotive Group (NYSE:ABG) to $230 from $220, maintaining an "equal weight" rating, which suggests a 7.35% upside. The company recently reported quarterly EPS of $6.82, exceeding the consensus estimate, although revenue of $4.38 billion fell short of expectations. Asbury Automotive Group currently holds a "Hold" consensus rating from analysts, with an average price target of $246.71.
Asbury Automotive Group Inc (ABG) Technical Analysis: Support, Resistance, Indicators & Moving Averages
This article provides a technical analysis of Asbury Automotive Group Inc (ABG), detailing its current price momentum score, support and resistance levels, and various technical indicator readings. It includes data on MACD, RSI, KDJ, and moving averages, offering insights for potential range-bound swing trading. The analysis highlights that based on moving averages and other technical indicators, the current signal for ABG is Neutral.
ABG5045767 Bond Profile — Key Metrics
This article provides key metrics for the ABG5045767 bond, issued by Asbury Automotive Group, Inc. The bond has a 4.5% coupon rate and matures on March 1, 2028. Asbury Automotive Group is described as a franchised automotive retailer with segments for dealerships and total care auto services.
JPMorgan Chase & Co. Lowers Asbury Automotive Group (NYSE:ABG) Price Target to $190.00
JPMorgan Chase & Co. has lowered its price target for Asbury Automotive Group (NYSE:ABG) to $190.00 from $220.00, maintaining an "underweight" rating due to an implied 15% downside from its current trading price. Despite beating EPS estimates, Asbury Automotive Group's revenue missed consensus, leading to a dip in stock price. The company currently holds a consensus "Hold" rating from analysts with an average price target of $245.29.
ASBURY AUTOMOTIVE GROUP INC : JP MORGAN CUTS TARGET PRICE TO $190 FROM $220
J.P. Morgan has reportedly cut its target price for Asbury Automotive Group Inc. to $190 from the previous $220. This financial news was reported by Reuters on August 4, 2026. The article's content reflects the author's opinion and is not intended as investment advice.
Asbury Automotive Group Inc Stock 12‑Month Price Target Raised to $249.67, Implies 1% Upside
The 12-month price target for Asbury Automotive Group Inc (ABG) stock has been raised by analysts from $245.44 to $249.67, suggesting a 1% potential upside based on the July 29 closing price. This revised target comes from estimates by 9 analysts, with individual forecasts ranging from $220 to $275 per share. Despite the target increase, the consensus rating from 14 analysts remains "Hold," comprising 5 Buys, 8 Holds, and 1 Sell.
Asbury Automotive Group 2026: Revenue $4.38B, EPS $6.25— 10-Q Summary
Asbury Automotive Group reported its 2026 quarterly results with essentially flat revenue of $4.38 billion, while net income and diluted EPS decreased compared to the prior year. This was primarily due to a shift in margins towards parts and service, offsetting softer vehicle volumes. The company saw growth in parts and service, and benefited from the integration of new dealerships and increased demand from an aging vehicle fleet.
ASBURY AUTOMOTIVE GROUP INC Quarterly Earnings Report
Asbury Automotive Group Inc. (ABG) has filed its quarterly earnings report (Form 10-Q) for the period ended June 30, 2026. The report details the company's financial performance, including a slight increase in total revenue but a decrease in income from operations compared to the previous year. Key financial metrics, acquisition and divestiture activities, and an assessment of market risks are discussed.
Asbury Automotive Group (NYSE:ABG) SVP Jed Milstein Sells 948 Shares
Asbury Automotive Group (NYSE:ABG) SVP Jed Milstein sold 948 shares of the company's stock, valued at $237,265.44, reducing his stake by 7.77% to 11,259 shares. This insider transaction occurred on Wednesday, July 29th, following the company's recent quarterly earnings report where they beat EPS estimates but missed revenue expectations. Analysts currently have an average "Hold" rating on ABG with a consensus price target of $249.57.
Enterprise value to EBIT forward of Asbury Automotive Group Inc – NYSE:ABG
This article provides financial data for Asbury Automotive Group Inc (NYSE: ABG), specifically focusing on its enterprise value to EBIT forward. The content is primarily a data presentation page from TradingView, including market data and company information, but without detailed analysis or commentary. It shows that the market is closed with no trades.
ASBURY AUTOMOTIVE GROUP INC. : BARCLAYS RAISES TARGET PRICE TO $265 FROM $225
Barclays has increased its target price for Asbury Automotive Group Inc. from $225 to $265. This adjustment reflects an updated outlook from the financial institution regarding the automotive company's valuation.
Asbury Automotive’s big DMS switch hits the home stretch
Asbury Automotive Group is nearing completion of its transition to Tekion's cloud-based dealership management system, with 70% of its 158 dealerships already converted. This strategic shift, aimed at boosting productivity and efficiency, follows a pilot program initiated in January 2024 and comes after disruptions caused by a cybersecurity incident affecting previous provider CDK Global. Early results from stores on the Tekion platform for at least five months show significant improvements in sales and technician efficiency, prompting Asbury to anticipate further gains and cost reductions once the full rollout is complete.
Implied Volatility Surging for Asbury Automotive Stock Options
The implied volatility for Asbury Automotive Group (ABG) stock options, particularly the Aug. 21, 2026 $200.00 Call, is signaling high market expectations for a significant price movement. This surge in implied volatility, combined with Asbury Automotive's Zacks Rank #3 (Hold) status and recent analyst estimate adjustments, suggests a potential trading opportunity, possibly for options traders looking to sell premium.
Edgestream Partners L.P. Grows Stock Holdings in Asbury Automotive Group, Inc. $ABG
Edgestream Partners L.P. significantly increased its stake in Asbury Automotive Group, Inc. (NYSE:ABG) by 10.2% in the first quarter of 2026, bringing its total holdings to 53,267 shares valued at $10.4 million. The increase in institutional ownership comes as Asbury Automotive Group reported its quarterly earnings, beating adjusted EPS estimates but missing revenue projections, while also executing significant share buybacks. Analyst ratings for ABG remain mixed, with a consensus "Hold" and an average target price of $244.14.
ABG Q2 Earnings Beat on Used-Vehicle Gains, Revenues Miss
Asbury Automotive Group (ABG) reported Q2 2026 adjusted earnings of $6.82 per share, exceeding the Zacks Consensus Estimate despite an 8.2% year-over-year decline. This beat was driven by strong used-vehicle profitability, which offset weaker new-vehicle margins. Although revenues of $4.38 billion missed consensus estimates, the company saw growth in parts and service revenues and made progress in its Tekion system rollout.
UBS Adjusts Price Target on Asbury Automotive to $250 From $221, Maintains Neutral Rating
UBS has increased its price target for Asbury Automotive Group (ABG) to $250 from $221, while maintaining a Neutral rating on the stock. This adjustment follows several recent updates regarding the company, including its Q2 2026 earnings report highlighting adjusted EPS of $6.82, which beat FactSet estimates, and a slight revenue miss. The company, an automotive retailer, continues to expand its offerings across new and used vehicles, parts, and services.
Asbury Automotive Group (ABG) Q2 2026 earnings summary
Asbury Automotive Group reported Q2 2026 revenue of $4.4 billion, with net income down 25% year-over-year to $115 million, though adjusted net income was $125 million, a 15% decrease. The company achieved 70% completion of its Tekion DMS rollout and continues to focus on strategic pillars like market share, gross profit growth, and SG&A management. ABG also engaged in disciplined capital allocation, including $131 million in Q2 share repurchases.
Q2 2026 Asbury Automotive Group Inc Earnings Call Transcript
Asbury Automotive Group Inc. (NYSE:ABG) released its Q2 2026 earnings call transcript, highlighting positive developments such as the successful implementation of Tekion across 70% of its stores, a 5% sequential increase in used retail PVR, and share repurchases. However, the company faced challenges with a 6% decline in new vehicle units on a same-store basis and transitional frictional costs associated with the Tekion rollout impacting short-term efficiency and parts and service gross profit.
Asbury Automotive Group Q2 Earnings Call Highlights
Asbury Automotive Group reported its Q2 2026 earnings, posting adjusted EPS of $6.82 and $4.4 billion in revenue. The company is actively transitioning to the Tekion dealership-management system, with over 70% of stores already converted and full completion expected by October. Management anticipates improved efficiency and operational benefits once the Tekion rollout is finalized, alongside a strategic shift towards higher used-vehicle volume and continued share repurchases.
Asbury Automotive Group Number of Employees 2026 | Employee Count & Headcount Data
Asbury Automotive Group (ABG) had approximately 14,970 employees worldwide as of March 2026, marking a 4.0% decline since 2023. The company is actively hiring, with 1,222 job postings in 2026, though hiring velocity is slowing. The majority of its workforce is in the United States, and the average salary is $73,251.
Press Release: Asbury Automotive Group Reports Second Quarter Results
This press release details Asbury Automotive Group's second-quarter results, outlining key financial metrics and operational highlights. The report likely includes information on revenue, earnings, sales volumes, and any strategic initiatives or challenges faced by the company during the quarter. Investors and stakeholders would find this information crucial for assessing the company's performance.
Asbury Automotive Group Q2 Earnings Call Highlights
Asbury Automotive Group (NYSE: ABG) reported solid Q2 2026 results, including $4.4 billion in revenue and $6.82 in adjusted EPS, despite near-term headwinds from its Tekion dealership-management system rollout. The company aims to complete the Tekion conversion by October, expecting long-term efficiency gains and targeting reduced SG&A expenses. Asbury also focused on used-vehicle volume growth, cost reduction, and repurchased $131 million in shares during the quarter.
Asbury Automotive Group Releases Q2 2026 Financial Results
Asbury Automotive Group (ABG) reported Q2 2026 earnings, beating Wall Street expectations with an EPS of $6.82 against an estimated $6.37. The company's revenue reached $4.38 billion, a slight increase from the previous year, driven primarily by its Parts and Service segment. Despite modest overall growth and challenging market conditions, Asbury continued its technology transformation with 70 stores converted to the Tekion platform.
Asbury Automotive Group Releases Q2 2026 Financial Results
Asbury Automotive Group reported its Q2 2026 financial results, exceeding Wall Street expectations with adjusted earnings of $6.82 per share against an estimated $6.37. The company generated $4.38 billion in revenue, a slight increase from the previous year, driven primarily by strong performance in its Parts and Service segment. Despite challenging market conditions and normalized used retail gross profit per unit, Asbury continued its technology transformation by converting 70 stores to the Tekion platform.
Asbury Automotive: Q2 Earnings Snapshot
This article provides a brief snapshot of Asbury Automotive's Q2 earnings. It appears to be an extremely concise report, indicating a potential lack of detailed financial information or a preliminary release. Due to the limited content, it's difficult to provide further insights.
Asbury Automotive Group reports Q2 revenue $4.38B, gross profit $753M, adjusted EPS $6.82
Asbury Automotive Group announced its Q2 2026 financial results, reporting $4.38 billion in revenue and $753.1 million in gross profit. The company achieved an adjusted diluted EPS of $6.82 and noted the ongoing rollout of the Tekion dealer management system, with approximately 70% of stores already converted. Key highlights include strong parts & service revenue, increased used retail gross profit per unit, and significant share repurchases.
ABG|Asbury Automotive Group Inc|Price:226.560|Chg%:+1.320
This article provides a detailed company profile for Asbury Automotive Group Inc (ABG), outlining its business operations, financial data, and market performance. It highlights that Asbury Automotive Group is an automotive retailer operating through dealerships and its Total Care Auto segment, offering new and used vehicles, parts, services, and F&I products. The company's top executives, key shareholders, and revenue breakdown are also presented, noting that new vehicle sales were the largest revenue source in Q1 2026.
Asbury Automotive earnings on deck: Margin recovery in focus
Asbury Automotive Group Inc. is preparing to announce its second-quarter earnings, with analysts focusing on whether the company can achieve margin recovery after a disappointing first quarter. While revenue is projected to grow year-over-year, EPS is expected to decline, indicating persistent profitability pressures in the automotive retail sector. Investors will be monitoring margin recovery, demand management, and operational efficiency as key indicators of the company's performance.
Asbury Automotive Group, Inc. (NYSE:ABG) Receives Average Rating of "Hold" from Analysts
Asbury Automotive Group (NYSE:ABG) has received an average "Hold" rating from nine brokerages, with an average 1-year price target of $233.13. The company recently missed earnings expectations, reporting lower-than-anticipated EPS and revenue, alongside a slight year-over-year revenue decline. Despite this, institutional investors have increased their holdings, and a director made a small insider purchase.
Asbury Automotive Group Inc Revenue Breakdown – NYSE:ABG
Asbury Automotive Group Inc (NYSE: ABG) generated $18.00 billion USD in revenue last year, primarily from its Dealerships segment, which contributed $17.67 billion USD. The United States was the company's largest regional contributor, accounting for the entire $18.00 billion USD revenue. This indicates a strong performance compared to the previous year's $16.89 billion USD from Dealerships and $17.19 billion USD from the US.
Asbury Automotive Group Inc (ABG) Earnings Forecast: Future EPS & Revenue Growth Estimates
The article provides an earnings forecast for Asbury Automotive Group Inc (ABG), stating its current earnings forecast score is 6.83, ranking 58 out of 93 in the Specialty Retailers industry. Analysts set an average price target of $250.50, with expectations for the next quarter's revenue at $4.49 billion and EPS at $6.31. The majority of analysts recommend a "Hold" trend for ABG stock.
ABG|Asbury Automotive Group Inc|Price:225.240|Chg%:+2.900
Asbury Automotive Group Inc.'s stock (ABG) is currently trading at $225.24, showing a 1.31% increase. The company's fundamentals are considered healthy with high growth potential, and its valuation is seen as fairly valued within the Specialty Retailers industry. Analysts maintain a "Hold" rating with a target price of $235.98, and the stock is expected to trend upwards in the medium term despite sideways technical trading.
Dimensional Fund Advisors LP Buys 34,104 Shares of Asbury Automotive Group, Inc. $ABG
Dimensional Fund Advisors LP significantly increased its stake in Asbury Automotive Group, purchasing 34,104 additional shares to reach a total of 1,156,426 shares worth approximately $225.98 million. Several other hedge funds also adjusted their positions in ABG, and a director recently bought shares. Despite these institutional moves, analysts largely maintain a "Hold" rating on the stock, with the company recently missing EPS and revenue expectations.
ABG5064855 Bond Risk Profile
This page provides a risk profile for the ABG5064855 bond issued by Asbury Automotive Group, Inc. It details key metrics for credit risk assessment, including the bond's security level, inflation protection, and issuer rating. The platform also offers access to analyst ratings and agent information for informed decision-making.
ABG5297012 Bond Coupon Profile — Rate & Payments
This article provides the coupon profile for the ABG5297012 corporate bond issued by Asbury Automotive Group, Inc. It details the bond's interest rate of 5.00% and indicates that the next interest payment is scheduled for November 16, 2026. The page offers an overview of interest payments and provides access to more in-depth coupon data for users.
Earnings Preview: Asbury Automotive Group (ABG) Q2 Earnings Expected to Decline
Asbury Automotive Group (ABG) is expected to report a year-over-year decline in earnings for Q2 2026, despite a projected increase in revenues. Analysts anticipate earnings of $6.30 per share, a 15.2% decrease, on revenues of $4.46 billion, up 2.1%. The Zacks Earnings ESP indicates a slight bearish outlook, and the company's past earnings surprise history has been mixed.
Madison Asset Management LLC Has $60.36 Million Position in Asbury Automotive Group, Inc. $ABG
Madison Asset Management LLC recently decreased its stake in Asbury Automotive Group by 10.8% in the first quarter, yet still holds 308,875 shares valued at approximately $60.36 million. Despite insider buying by Director B. Christopher Disantis, overall insider ownership remains low at 0.75%. Analyst sentiment is mixed, with an average "Hold" rating and a target price of $233.12, following the company's recent earnings and revenue miss.
Asbury Automotive Group, Inc. $ABG Shares Sold by Illinois Municipal Retirement Fund
The Illinois Municipal Retirement Fund reduced its stake in Asbury Automotive Group (NYSE:ABG) by 24.6% in the first quarter, selling 4,767 shares. This comes amidst mixed analyst sentiment and softer-than-expected Q1 earnings, though an insider recently purchased additional shares. The company's stock currently has a "Hold" consensus rating with an average target price of $233.12.
ABG5297012 Bond Risk Profile
This article provides a risk profile for the ABG5297012 corporate bond issued by Asbury Automotive Group, Inc., maturing on February 15, 2032, with a 5.0% coupon. It highlights features for assessing credit risk, including security levels, inflation protection, and issuer rating. The profile also mentions access to exclusive analyst ratings for bonds.
ABG5297012 Bond Redemption Profile
This article provides a profile of the ABG5297012 corporate bond issued by Asbury Automotive Group, Inc., detailing its 5.0% coupon rate and maturity date of February 15, 2032. It focuses on the bond's redemption overview, explaining that a bond redemption is the complete repayment of principal and accrued interest, and highlights the importance of understanding redemption types, dates, and amounts, including any sinking fund schedules. The article also encourages access to full redemption data for informed decisions.
