Group 1 Automotive (NYSE:GPI) Stock: Insider Steven Mizell Sells 550 Shares

Group 1 Automotive, Inc. (NYSE:GPI – Get Free Report) Director Steven Mizell sold 550 shares of the business’s stock in a transaction that occurred on Friday, October 30th. The stock was sold at an average price of $260.52, for a total value of $143,286.00. Following the sale, the director owned 33 shares of the company’s stock, valued at approximately $8,597.16. The trade was a 94.34% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Group 1 Automotive Stock Performance

Shares of Group 1 Automotive stock opened at $260.61 on Friday. The company has a quick ratio of 0.25, a current ratio of 1.02 and a debt-to-equity ratio of 1.03. The firm’s 50 day moving average is $254.61 and its two-hundred day moving average is $307.43. The firm has a market capitalization of $3.11 billion, a P/E ratio of 8.25, a P/E/G ratio of 1.61 and a beta of 0.92. Group 1 Automotive, Inc. has a 52 week low of $224.65 and a 52 week high of $429.00.

Group 1 Automotive (NYSE:GPI – Get Free Report) last announced its quarterly earnings results on Wednesday, October 28th. The company reported $9.36 EPS for the quarter, missing the consensus estimate of $9.50 by ($0.14). Group 1 Automotive had a return on equity of 15.18% and a net margin of 1.75%. The company had revenue of $5.40 billion for the quarter, compared to analyst estimates of $5.58 billion. During the same quarter in the prior year, the business earned $10.45 earnings per share. Group 1 Automotive’s revenue was down 6.7% compared to the same quarter last year. Research analysts forecast that Group 1 Automotive, Inc. will post 37.40 EPS for the current fiscal year.

Group 1 Automotive Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were paid a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Tuesday, September 1st. Group 1 Automotive’s dividend payout ratio (DPR) is currently 6.96%.

Group 1 Automotive News Summary

Here are the key news stories impacting Group 1 Automotive this week:

  • Positive Sentiment: Barclays lowered its price target from $320 to $300 but maintained an overweight rating, implying meaningful upside from recent levels. The revised target suggests the firm still expects Group 1 Automotive’s valuation and operating performance to improve. Barclays stock recommendation
  • Positive Sentiment: Some investors are refocusing on GPI’s potentially undervalued profile after the earnings report. The company remains profitable and trades at a relatively low earnings multiple, which could support the stock if automotive demand and margins stabilize. Group 1 Automotive Q3 results
  • Neutral Sentiment: UBS reduced its price target from $271 to $259 and retained a neutral rating, signaling limited near-term upside at the current valuation. UBS Group stock recommendation
  • Neutral Sentiment: New disclosures about the stockholder agreement with Conifer highlight potential governance, capital-allocation and shareholder-activism risks. The agreement may influence future strategic decisions but does not yet represent a direct change to operations. Conifer stockholder agreement analysis
  • Negative Sentiment: Third-quarter EPS of $9.36 missed the $9.50 consensus, while revenue of $5.40 billion fell short of expectations and declined 6.7% year over year. EPS also decreased from $10.45 in the prior-year quarter, reinforcing concerns about slowing sales and profitability. Group 1 Automotive Q3 results and margins
  • Negative Sentiment: Director Steven Mizell sold 550 shares for approximately $143,286, leaving him with only 33 shares. Separately, SVP Gillian Hobson sold 2,000 shares worth about $516,480, reducing her holdings by roughly 21%. The sales may weigh on sentiment, although they do not necessarily indicate deteriorating fundamentals. Group 1 Automotive insider sale filing

Institutional Investors Weigh In On Group 1 Automotive

Several hedge funds have recently modified their holdings of the stock. Provenance Wealth Advisors LLC purchased a new stake in Group 1 Automotive in the 3rd quarter valued at approximately $167,000. Garner Asset Management Corp purchased a new position in shares of Group 1 Automotive during the 3rd quarter worth approximately $1,537,000. Salomon & Ludwin LLC raised its stake in shares of Group 1 Automotive by 445.8% during the 3rd quarter. Salomon & Ludwin LLC now owns 131 shares of the company’s stock worth $31,000 after buying an additional 107 shares in the last quarter. Leeward Investments LLC MA lifted its holdings in shares of Group 1 Automotive by 7.8% in the 3rd quarter. Leeward Investments LLC MA now owns 57,283 shares of the company’s stock valued at $13,773,000 after buying an additional 4,150 shares during the period. Finally, Sage Private Wealth Group LLC acquired a new stake in shares of Group 1 Automotive in the 3rd quarter valued at approximately $366,000. 99.92% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Morgan Stanley downgraded Group 1 Automotive from an “equal weight” rating to an “underweight” rating and decreased their price objective for the company from $300.00 to $232.00 in a report on Monday, October 5th. Seaport Research Partners set a $420.00 price target on shares of Group 1 Automotive in a research report on Monday, August 3rd. Evercore set a $360.00 price target on shares of Group 1 Automotive in a research note on Tuesday, August 4th. Weiss Ratings raised shares of Group 1 Automotive from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday. Finally, Benchmark restated a “buy” rating on shares of Group 1 Automotive in a research note on Friday, July 10th. Five investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Group 1 Automotive presently has a consensus rating of “Hold” and a consensus price target of $338.11.

View Our Latest Stock Analysis on GPI

Group 1 Automotive Company Profile

(Get Free Report)

Group 1 Automotive, Inc is an international automotive retailer headquartered in Houston, Texas. The company operates dealerships that sell new and used automobiles and light trucks from a broad range of manufacturers.

In addition to vehicle sales, Group 1 Automotive provides automotive financing and insurance products, vehicle maintenance and repair, collision services, replacement parts, and other related services. Its dealerships also market vehicles through digital retailing platforms.

Founded in 1997, Group 1 Automotive serves customers through a network of dealerships and automotive service locations in the United States, the United Kingdom, and Brazil.

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