Quantinno Capital Management LP lessened its position in shares of AutoNation, Inc. (NYSE:AN – Free Report) by 38.5% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 107,617 shares of the company’s stock after selling 67,475 shares during the quarter. Quantinno Capital Management LP’s holdings in AutoNation were worth $21,013,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. raised its position in shares of AutoNation by 37.4% in the first quarter. Geneos Wealth Management Inc. now owns 235 shares of the company’s stock worth $38,000 after acquiring an additional 64 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of AutoNation during the 4th quarter valued at about $41,000. Employees Retirement System of Texas acquired a new stake in shares of AutoNation during the 3rd quarter valued at about $48,000. Smartleaf Asset Management LLC increased its stake in shares of AutoNation by 49.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 259 shares of the company’s stock valued at $54,000 after purchasing an additional 86 shares in the last quarter. Finally, Sound Income Strategies LLC purchased a new position in shares of AutoNation in the 4th quarter valued at about $57,000. Hedge funds and other institutional investors own 94.62% of the company’s stock.
Insider Buying and Selling at AutoNation
In other news, CAO Kimberly Dees sold 2,500 shares of AutoNation stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $204.91, for a total value of $512,275.00. Following the sale, the chief accounting officer directly owned 1,456 shares of the company’s stock, valued at $298,348.96. The trade was a 63.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 1.40% of the stock is currently owned by company insiders.
AutoNation Stock Down 0.7%
AutoNation (NYSE:AN – Get Free Report) last posted its quarterly earnings data on Friday, July 31st. The company reported $5.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.48 by $0.08. AutoNation had a return on equity of 31.45% and a net margin of 2.47%.The company had revenue of $6.93 billion for the quarter, compared to analysts’ expectations of $7 billion. During the same period in the previous year, the firm posted $2.26 EPS. AutoNation’s revenue was down .6% compared to the same quarter last year. Sell-side analysts expect that AutoNation, Inc. will post 21.41 earnings per share for the current fiscal year.
Key Stories Impacting AutoNation
Here are the key news stories impacting AutoNation this week:
- Positive Sentiment: Adjusted second-quarter EPS rose to $5.56, exceeding the roughly $5.43–$5.48 analyst consensus. Net income increased 111% year over year to $182.1 million, helped by improved profitability. Revenue Miss, EV Sales Slump Send AutoNation Stock Lower
- Positive Sentiment: After-sales produced a record gross profit, customer-pay revenue grew 7%, and Customer Financial Services gross profit per unit increased 3%, demonstrating resilience in AutoNation’s higher-margin operations. The company also repurchased $457 million of stock during the first half and acquired four dealerships representing approximately $600 million in annual revenue. AutoNation Reports Second Quarter 2026 Results
- Positive Sentiment: Management expects adjusted EPS growth in the second half and is targeting SG&A at 66% to 67% of gross profit by year-end, signaling a focus on operating leverage and expense discipline. AutoNation outlines SG&A target and second-half EPS growth
- Neutral Sentiment: AutoNation’s luxury-vehicle strategy is accelerating. While this could improve margins and mix over time, it also increases investor attention on demand trends in a more cyclical and potentially softer market. AutoNation beats on profit but misses revenue as luxury pivot accelerates
- Negative Sentiment: Revenue declined approximately 1% year over year to $6.93 billion, below the roughly $7 billion consensus. Lower new-vehicle sales and a slump in electric-vehicle sales reinforced concerns about softer dealership demand and ongoing macroeconomic pressure. AutoNation Revenue Falls on Lower New-Vehicle Sales
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on the company. Citigroup increased their price target on AutoNation from $269.00 to $287.00 and gave the stock a “buy” rating in a research report on Thursday, May 14th. Morgan Stanley restated an “overweight” rating and issued a $240.00 price objective on shares of AutoNation in a research report on Thursday, May 7th. Barclays upped their target price on AutoNation from $255.00 to $260.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 15th. UBS Group began coverage on AutoNation in a research report on Wednesday, May 27th. They set a “buy” rating and a $234.00 target price on the stock. Finally, Weiss Ratings raised shares of AutoNation from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, May 6th. Ten investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $246.18.
Get Our Latest Stock Analysis on AN
AutoNation Profile
AutoNation, Inc is the largest automotive retailer in the United States, operating a network of franchised new vehicle dealerships, pre-owned vehicle superstores and collision-repair centers. The company offers a comprehensive range of automotive products and services, including the sale of new cars and light trucks from leading manufacturers, certified pre-owned vehicles and a wide selection of used models. In addition to retail vehicle sales, AutoNation provides financing, insurance and extended service contracts through its in-house financial services division, as well as genuine and aftermarket parts, factory-recommended maintenance and collision-repair services.
Headquartered in Fort Lauderdale, Florida, AutoNation was founded in 1996 by entrepreneur H.
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