Principal Financial Group Inc. Reduces Position in Group 1 Automotive, Inc. $GPI

Posted by Geri Gentry on Jul 23rd, 2026

Principal Financial Group Inc. trimmed its holdings in Group 1 Automotive, Inc. (NYSE:GPI – Free Report) by 2.6% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 57,486 shares of the company’s stock after selling 1,552 shares during the period. Principal Financial Group Inc.’s holdings in Group 1 Automotive were worth $19,007,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Group 1 Automotive by 3.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,766 shares of the company’s stock valued at $2,966,000 after acquiring an additional 227 shares during the last quarter. Millennium Management LLC raised its holdings in shares of Group 1 Automotive by 20.3% during the first quarter. Millennium Management LLC now owns 37,028 shares of the company’s stock valued at $14,143,000 after purchasing an additional 6,239 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of Group 1 Automotive during the first quarter valued at approximately $229,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Group 1 Automotive by 6.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 41,872 shares of the company’s stock valued at $15,993,000 after purchasing an additional 2,452 shares during the period. Finally, American Century Companies Inc. lifted its position in Group 1 Automotive by 46.7% during the second quarter. American Century Companies Inc. now owns 2,753 shares of the company’s stock valued at $1,202,000 after purchasing an additional 877 shares during the period. Hedge funds and other institutional investors own 99.92% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on GPI. Citigroup lifted their target price on shares of Group 1 Automotive from $420.00 to $462.00 and gave the stock a “buy” rating in a research report on Monday, May 11th. Weiss Ratings restated a “hold (c)” rating on shares of Group 1 Automotive in a research note on Friday, June 12th. Benchmark reaffirmed a “buy” rating on shares of Group 1 Automotive in a report on Friday, July 10th. JPMorgan Chase & Co. reduced their price objective on Group 1 Automotive from $390.00 to $380.00 and set an “overweight” rating for the company in a research report on Monday, July 13th. Finally, UBS Group lowered their target price on Group 1 Automotive from $338.00 to $330.00 and set a “neutral” rating on the stock in a report on Friday, July 10th. Seven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Group 1 Automotive has a consensus rating of “Moderate Buy” and a consensus price target of $426.89.

Get Our Latest Report on GPI

Group 1 Automotive Trading Up 4.7%

Shares of Group 1 Automotive stock opened at $326.39 on Thursday. Group 1 Automotive, Inc. has a 1-year low of $279.10 and a 1-year high of $488.39. The company’s fifty day simple moving average is $312.46 and its 200-day simple moving average is $334.40. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.95 and a quick ratio of 0.21. The stock has a market capitalization of $3.88 billion, a PE ratio of 12.46, a P/E/G ratio of 0.83 and a beta of 0.83.

Group 1 Automotive (NYSE:GPI – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The company reported $8.66 EPS for the quarter, missing the consensus estimate of $8.82 by ($0.16). Group 1 Automotive had a return on equity of 16.63% and a net margin of 1.46%.The company had revenue of $5.41 billion during the quarter, compared to analysts’ expectations of $5.42 billion. During the same quarter last year, the company earned $10.17 earnings per share. The company’s revenue for the quarter was down 1.8% on a year-over-year basis. As a group, equities analysts anticipate that Group 1 Automotive, Inc. will post 41.57 earnings per share for the current year.

Group 1 Automotive Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were paid a $0.55 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $2.20 annualized dividend and a dividend yield of 0.7%. Group 1 Automotive’s dividend payout ratio (DPR) is 8.40%.

Group 1 Automotive Profile

(Free Report)

Group 1 Automotive, Inc (NYSE: GPI) is an international automotive retailer headquartered in Houston, Texas. The company operates an extensive network of franchised dealerships, offering new and pre-owned vehicles from leading domestic and import manufacturers. In addition to vehicle sales, Group 1 Automotive provides a full complement of aftersales services, including finance and insurance products, parts distribution, collision repair centers and vehicle maintenance.

Founded in 1997, Group 1 Automotive has grown through both organic expansion and strategic acquisitions to establish a presence across the United States, the United Kingdom and Brazil.