2,687 Shares in Group 1 Automotive, Inc. $GPI Acquired by SummerHaven Investment Management LLC

Posted by Brian Himes on Oct 18th, 2026

SummerHaven Investment Management LLC bought a new stake in shares of Group 1 Automotive, Inc. (NYSE:GPI – Free Report) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 2,687 shares of the company’s stock, valued at approximately $646,000.

Other hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC lifted its stake in Group 1 Automotive by 104.5% during the third quarter. GAMMA Investing LLC now owns 779 shares of the company’s stock worth $187,000 after purchasing an additional 398 shares during the period. QRG Capital Management Inc. acquired a new stake in Group 1 Automotive in the 2nd quarter valued at about $234,000. Anchor Investment Management LLC lifted its holdings in Group 1 Automotive by 112.0% during the 2nd quarter. Anchor Investment Management LLC now owns 212 shares of the company’s stock worth $62,000 after buying an additional 112 shares in the last quarter. Tidal Investments LLC boosted its holdings in Group 1 Automotive by 352.3% in the second quarter. Tidal Investments LLC now owns 2,786 shares of the company’s stock valued at $811,000 after acquiring an additional 2,170 shares during the last quarter. Finally, Engineers Gate Manager LP raised its stake in shares of Group 1 Automotive by 81.4% during the second quarter. Engineers Gate Manager LP now owns 26,173 shares of the company’s stock worth $7,621,000 after buying an additional 11,748 shares during the last quarter. 99.92% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Evercore set a $360.00 price objective on shares of Group 1 Automotive in a research note on Tuesday, August 4th. DA Davidson set a $425.00 price target on Group 1 Automotive in a research report on Friday, July 10th. Weiss Ratings cut Group 1 Automotive from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, August 17th. Morgan Stanley lowered shares of Group 1 Automotive from an “equal weight” rating to an “underweight” rating and dropped their price target for the stock from $300.00 to $232.00 in a research report on Monday, October 5th. Finally, Benchmark reissued a “buy” rating on shares of Group 1 Automotive in a report on Friday, July 10th. Five equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $341.67.

Read Our Latest Research Report on GPI

Group 1 Automotive Stock Performance

NYSE:GPI opened at $242.15 on Friday. The stock has a market cap of $2.89 billion, a P/E ratio of 10.09, a price-to-earnings-growth ratio of 0.75 and a beta of 0.92. The company has a current ratio of 1.02, a quick ratio of 0.25 and a debt-to-equity ratio of 1.03. The stock’s 50-day moving average is $258.61 and its 200-day moving average is $298.93. Group 1 Automotive, Inc. has a 1-year low of $225.51 and a 1-year high of $461.27.

Group 1 Automotive (NYSE:GPI – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported $9.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $10.60 by ($0.99). The firm had revenue of $5.39 billion during the quarter, compared to analyst estimates of $5.66 billion. Group 1 Automotive had a net margin of 1.31% and a return on equity of 15.66%. The business’s quarterly revenue was down 5.6% compared to the same quarter last year. During the same period in the prior year, the company earned $10.82 EPS. Equities research analysts anticipate that Group 1 Automotive, Inc. will post 37.68 earnings per share for the current year.

Group 1 Automotive Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were given a dividend of $0.55 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $2.20 dividend on an annualized basis and a yield of 0.9%. Group 1 Automotive’s dividend payout ratio is 9.16%.

Insider Buying and Selling

In other Group 1 Automotive news, major shareholder Conifer Management, L.L.C. purchased 71,592 shares of the firm’s stock in a transaction on Wednesday, September 30th. The stock was purchased at an average cost of $242.03 per share, for a total transaction of $17,327,411.76. Following the acquisition, the insider owned 1,912,290 shares in the company, valued at approximately $462,831,548.70. The trade was a 3.89% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have acquired a total of 720,030 shares of company stock worth $187,264,264 over the last quarter. Corporate insiders own 2.40% of the company’s stock.

Group 1 Automotive Company Profile

(Free Report)

Group 1 Automotive, Inc is an international automotive retailer that operates franchised automobile dealerships. The company sells new and used vehicles from a range of manufacturers and provides related automotive services, including vehicle maintenance and repairs, parts and accessories, financing, and insurance products.

Founded in 1997 and headquartered in Houston, Texas, Group 1 Automotive serves customers through dealership operations in the United States and the United Kingdom, as well as other international markets.