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NYSE · Consumer Discretionary

ASBURY AUTOMOTIVE GROUP INC ABG

Asbury Automotive Group is a large American automobile retailer that operates new and used car sales, parts and services, finance and insurance. The company is improving efficiency and shareholder returns through the transformation of the Tekion DMS system, divesting non-core stores and share repurchases. The growth resilience of the parts and service business and the effectiveness of digital transformation constitute the core investment analysis entrance.

Sources Company earnings and call materials quartr.com
Retail-Auto Dealers and Gas Stations

Company profile

Business mix

  • The company's revenue mainly comes from four major segments: new car sales, used car retail, parts and services (including maintenance), and financial and insurance products (F&I).
  • The company maintains a leverage target of less than 3.0 times, with annual capital expenditures of approximately US$250 million, and actively repurchases shares, striving to increase earnings per share and shareholder returns.

Current key questions

  • New car sales are facing pricing pressure, but the high-profit parts and service business continues to grow. Q1 revenue in 2026 will increase by 7% year-on-year, becoming a profit stabilizer.
  • The company is promoting the Tekion DMS system conversion on a large scale, which is expected to be completed in the fall of 2026. It aims to reduce the proportion of SG&A and improve operational efficiency, but there will be running-in costs in the short term.
  • By divesting 14 dealers and terminating seven franchises, the company has optimized its asset portfolio and recovered funds for share repurchases ($500 million has been authorized) and potential mergers and acquisitions.
Holders 3 Current sample portfolio
Public mentions 0 Videos / interviews / letters
Valuation snapshot
PE 6.77 FCF 15.82% Buyback 2.02%
2026-06-07

Current firm holders

Firm Weight Value Filing period
Abrams Capital Management David Abrams 9.1% $421.2M 2026-03-31
Eminence Capital Ricky Sandler 4.3% $186.8M 2026-03-31
Tweedy, Browne Company 0.1% $1.4M 2026-03-31

Recent trading changes over the last 4 quarters

Last 1 quarters Last 2 quarters Last 3 quarters Last 4 quarters
Net buyers 3 Last 4 13F filing periods
Net reducers 0 Last 4 13F filing periods
Unchanged holders 0 Share count unchanged
Increase amount $53.5M Estimated from net added shares
Reduction amount $0 Estimated from net reduced shares
Net share change / base shares +9.6% +273,663 / 2,845,161
Eminence Capital Ricky Sandler 4 filing periods
13F 2025-06-30 Filed 2025-08-14
Major increase Shares 36.0% 13F value change +$76.4M
13F 2025-09-30 Filed 2025-11-14
Minor reduction Shares -3.0% 13F value change -$1.4M
13F 2025-12-31 Filed 2026-02-17
Minor reduction Shares -4.7% 13F value change -$22.3M
13F 2026-03-31 Filed 2026-05-15
Minor increase Shares 3.2% 13F value change -$28.6M
Settlement As of 13F 2026-03-31 · Filed 2026-05-15
Base shares 736,621 Last 4 periods +219,458 (+29.8%) Total shares 956,079 Value $186.8M
Abrams Capital Management David Abrams 4 filing periods
13F 2025-06-30 Filed 2025-08-08
Unchanged Shares 0.0% 13F value change $0
13F 2025-09-30 Filed 2025-11-07
Minor increase Shares 2.2% 13F value change +$23.9M
13F 2025-12-31 Filed 2026-02-13
Unchanged Shares 0.0% 13F value change $0
13F 2026-03-31 Filed 2026-05-14
Unchanged Shares 0.0% 13F value change $0
Settlement As of 13F 2026-03-31 · Filed 2026-05-14
Base shares 2,108,540 Last 4 periods +46,952 (+2.2%) Total shares 2,155,492 Value $421.2M
Tweedy, Browne Company 1 filing periods
13F 2026-03-31 Filed 2026-05-06
New Shares - 13F value change +$1.4M
Settlement As of 13F 2026-03-31 · Filed 2026-05-06
Base shares 0 Last 4 periods +7,253 (New) Total shares 7,253 Value $1.4M

Recent mentions

No public mentions.