Denali Advisors LLC Acquires 7,800 Shares of Asbury Automotive Group, Inc. $ABG

Posted by Brian Himes on Aug 20th, 2026

Denali Advisors LLC lifted its holdings in Asbury Automotive Group, Inc. (NYSE:ABG – Free Report) by 25.9% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 37,922 shares of the company’s stock after purchasing an additional 7,800 shares during the period. Denali Advisors LLC’s holdings in Asbury Automotive Group were worth $7,625,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Los Angeles Capital Management LLC purchased a new position in Asbury Automotive Group during the fourth quarter valued at approximately $25,000. Torren Management LLC bought a new position in Asbury Automotive Group in the fourth quarter worth approximately $27,000. Quarry LP lifted its holdings in Asbury Automotive Group by 319.2% during the third quarter. Quarry LP now owns 109 shares of the company’s stock worth $27,000 after buying an additional 83 shares during the period. Bogart Wealth LLC lifted its holdings in Asbury Automotive Group by 52.4% during the fourth quarter. Bogart Wealth LLC now owns 128 shares of the company’s stock worth $30,000 after buying an additional 44 shares during the period. Finally, Osaic Holdings Inc. boosted its position in Asbury Automotive Group by 69.2% during the 2nd quarter. Osaic Holdings Inc. now owns 132 shares of the company’s stock valued at $31,000 after acquiring an additional 54 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. UBS Group set a $250.00 price target on Asbury Automotive Group in a report on Wednesday, July 29th. Stephens restated an “overweight” rating and set a $242.00 price objective on shares of Asbury Automotive Group in a research note on Tuesday, June 2nd. Citigroup raised their price objective on Asbury Automotive Group from $212.00 to $250.00 and gave the company a “neutral” rating in a research report on Friday, July 31st. Barclays lifted their target price on Asbury Automotive Group from $225.00 to $265.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 29th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Asbury Automotive Group in a report on Friday, July 24th. Two research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Asbury Automotive Group has an average rating of “Hold” and an average target price of $246.71.

Read Our Latest Research Report on ABG

Asbury Automotive Group Stock Performance

Shares of ABG opened at $213.65 on Thursday. Asbury Automotive Group, Inc. has a 12 month low of $172.01 and a 12 month high of $263.38. The stock has a fifty day moving average price of $211.84 and a 200-day moving average price of $206.33. The company has a current ratio of 0.91, a quick ratio of 0.29 and a debt-to-equity ratio of 0.77. The firm has a market cap of $3.84 billion, a PE ratio of 7.99, a P/E/G ratio of 0.78 and a beta of 0.71.

Asbury Automotive Group (NYSE:ABG – Get Free Report) last announced its earnings results on Tuesday, July 28th. The company reported $6.82 earnings per share for the quarter, topping the consensus estimate of $6.31 by $0.51. Asbury Automotive Group had a return on equity of 12.72% and a net margin of 2.83%.The firm had revenue of $4.38 billion for the quarter, compared to the consensus estimate of $4.49 billion. During the same period in the previous year, the business earned $7.43 EPS. The firm’s revenue for the quarter was up .3% on a year-over-year basis. Equities research analysts predict that Asbury Automotive Group, Inc. will post 26.43 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Asbury Automotive Group news, SVP Jed Milstein sold 948 shares of the firm’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $250.28, for a total value of $237,265.44. Following the completion of the sale, the senior vice president owned 11,259 shares of the company’s stock, valued at approximately $2,817,902.52. This trade represents a 7.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.75% of the company’s stock.

Asbury Automotive Group Profile

(Free Report)

Asbury Automotive Group, Inc (NYSE:ABG) is one of the largest automotive retailers in the United States. Headquartered in Duluth, Georgia, the company operates a network of franchised dealerships representing a diverse portfolio of automotive brands. Its core business activities include the sale of new and pre-owned vehicles, as well as the provision of vehicle finance, insurance and protection products to retail customers.

In addition to retail sales, Asbury offers a comprehensive suite of after-sales services, from scheduled maintenance and certified collision repair to parts distribution.