AutoNation, Inc. $AN Position Raised by Wedge Capital Management L L P NC

Posted by Francis Steltz on Aug 12th, 2026

Wedge Capital Management L L P NC grew its position in shares of AutoNation, Inc. (NYSE:AN – Free Report) by 8.2% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 186,969 shares of the company’s stock after purchasing an additional 14,115 shares during the quarter. Wedge Capital Management L L P NC’s holdings in AutoNation were worth $34,737,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of AN. Commonwealth Equity Services LLC boosted its stake in AutoNation by 0.6% during the 4th quarter. Commonwealth Equity Services LLC now owns 9,494 shares of the company’s stock valued at $1,960,000 after purchasing an additional 52 shares during the period. Kestra Advisory Services LLC grew its position in AutoNation by 0.9% in the 4th quarter. Kestra Advisory Services LLC now owns 5,668 shares of the company’s stock worth $1,170,000 after purchasing an additional 53 shares during the last quarter. Kestra Private Wealth Services LLC increased its stake in shares of AutoNation by 0.9% in the third quarter. Kestra Private Wealth Services LLC now owns 6,288 shares of the company’s stock valued at $1,376,000 after purchasing an additional 55 shares during the period. Redwood Investment Management LLC increased its stake in shares of AutoNation by 1.1% in the first quarter. Redwood Investment Management LLC now owns 5,372 shares of the company’s stock valued at $1,049,000 after purchasing an additional 61 shares during the period. Finally, CIBC Private Wealth Group LLC raised its holdings in shares of AutoNation by 13.3% during the third quarter. CIBC Private Wealth Group LLC now owns 519 shares of the company’s stock valued at $114,000 after buying an additional 61 shares during the last quarter. Institutional investors and hedge funds own 94.62% of the company’s stock.

Insider Activity

In related news, Director Lisa Lutoff-Perlo sold 900 shares of the firm’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $220.00, for a total value of $198,000.00. Following the transaction, the director directly owned 7,989 shares in the company, valued at approximately $1,757,580. This trade represents a 10.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 1.40% of the company’s stock.

Analyst Upgrades and Downgrades

AN has been the subject of a number of analyst reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of AutoNation in a research note on Monday, August 3rd. Stephens upped their price objective on shares of AutoNation from $220.00 to $232.00 and gave the company an “equal weight” rating in a research note on Monday. Northcoast Research upgraded shares of AutoNation from a “neutral” rating to a “buy” rating and set a $240.00 price target on the stock in a report on Tuesday, July 14th. Citigroup increased their price objective on AutoNation from $287.00 to $290.00 and gave the stock a “buy” rating in a report on Tuesday, August 4th. Finally, Morgan Stanley boosted their target price on AutoNation from $240.00 to $250.00 and gave the company an “overweight” rating in a research note on Thursday, August 6th. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $250.00.

Read Our Latest Report on AN

AutoNation Price Performance

Shares of NYSE:AN opened at $208.18 on Wednesday. The stock has a market capitalization of $6.88 billion, a P/E ratio of 9.64, a P/E/G ratio of 0.87 and a beta of 0.71. The business has a 50-day moving average of $198.54 and a two-hundred day moving average of $198.23. AutoNation, Inc. has a fifty-two week low of $176.62 and a fifty-two week high of $235.81. The company has a debt-to-equity ratio of 2.68, a current ratio of 0.78 and a quick ratio of 0.18.

AutoNation (NYSE:AN – Get Free Report) last issued its quarterly earnings data on Friday, July 31st. The company reported $5.56 EPS for the quarter, beating analysts’ consensus estimates of $5.48 by $0.08. The business had revenue of $6.93 billion for the quarter, compared to analyst estimates of $7 billion. AutoNation had a return on equity of 31.24% and a net margin of 2.82%.The firm’s revenue for the quarter was down .6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.26 EPS. On average, equities research analysts predict that AutoNation, Inc. will post 21.62 EPS for the current fiscal year.

AutoNation Company Profile

(Free Report)

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.