Group 1 Automotive (NYSE:GPI) Given New $420.00 Price Target at Citigroup

Group 1 Automotive (NYSE:GPI) had its price target reduced by Citigroup from $490.00 to $420.00 in a research report sent to investors on Wednesday morning,Benzinga reports. Citigroup currently has a buy rating on the stock.

Several other equities research analysts have also issued reports on the stock. Benchmark raised shares of Group 1 Automotive from a “hold” rating to a “buy” rating and set a $425.00 price objective for the company in a research note on Monday, March 30th. Morgan Stanley reduced their price objective on shares of Group 1 Automotive from $460.00 to $400.00 and set an “overweight” rating for the company in a research note on Monday, March 2nd. Bank of America initiated coverage on shares of Group 1 Automotive in a research note on Wednesday, March 4th. They issued a “buy” rating for the company. Weiss Ratings lowered shares of Group 1 Automotive from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, December 29th. Finally, Evercore initiated coverage on shares of Group 1 Automotive in a research note on Tuesday, January 20th. They issued an “outperform” rating and a $500.00 price objective for the company. Seven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $442.63.

Group 1 Automotive Trading Up 2.5%

Shares of NYSE:GPI opened at $332.21 on Wednesday. The company has a quick ratio of 0.27, a current ratio of 1.08 and a debt-to-equity ratio of 1.23. Group 1 Automotive has a 12-month low of $292.44 and a 12-month high of $488.39. The firm has a fifty day moving average of $328.58 and a two-hundred day moving average of $381.46. The firm has a market capitalization of $3.94 billion, a P/E ratio of 13.28, a price-to-earnings-growth ratio of 0.51 and a beta of 0.88.

Group 1 Automotive (NYSE:GPI) last released its quarterly earnings data on Thursday, January 29th. The company reported $8.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $9.36 by ($0.87). Group 1 Automotive had a net margin of 1.44% and a return on equity of 17.39%. The business had revenue of $5.58 billion during the quarter, compared to analyst estimates of $5.71 billion. During the same period in the previous year, the firm posted $10.02 EPS. The firm’s revenue for the quarter was up .6% on a year-over-year basis. On average, equities analysts expect that Group 1 Automotive will post 41 EPS for the current fiscal year.

Group 1 Automotive Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were given a dividend of $0.55 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $2.20 dividend on an annualized basis and a yield of 0.7%. This is a positive change from Group 1 Automotive’s previous quarterly dividend of $0.50. Group 1 Automotive’s dividend payout ratio (DPR) is presently 8.80%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of GPI. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Group 1 Automotive by 3.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,766 shares of the company’s stock worth $2,966,000 after acquiring an additional 227 shares during the last quarter. Millennium Management LLC lifted its position in Group 1 Automotive by 20.3% during the 1st quarter. Millennium Management LLC now owns 37,028 shares of the company’s stock worth $14,143,000 after acquiring an additional 6,239 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in Group 1 Automotive during the 1st quarter worth $229,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Group 1 Automotive by 6.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 41,872 shares of the company’s stock worth $15,993,000 after acquiring an additional 2,452 shares during the last quarter. Finally, American Century Companies Inc. lifted its position in Group 1 Automotive by 46.7% during the 2nd quarter. American Century Companies Inc. now owns 2,753 shares of the company’s stock worth $1,202,000 after acquiring an additional 877 shares during the last quarter. Institutional investors and hedge funds own 99.92% of the company’s stock.

Group 1 Automotive News Roundup

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

• Positive Sentiment: Brokerage consensus remains constructive with a “Moderate Buy” aggregate rating, indicating analyst sentiment still favors the shares despite recent revisions. Read More.
• Neutral Sentiment: Group 1 scheduled its Q1 2026 results release for April 30 (pre‑market) and will host a management call at 10:00 a.m. — a near‑term catalyst that could drive volatility depending on guidance and used/new vehicle trends. Read More.
• Negative Sentiment: Citigroup cut its price target from $490 to $420 while keeping a “Buy” rating — a notable downward revision that reduces analyst upside and may weigh on sentiment. Read More.
• Negative Sentiment: Barclays trimmed its price target from $470 to $455 but retained an “Overweight” rating — another analyst downgrade to watch for impact on short‑term momentum. Read More.
• Negative Sentiment: Zacks cut Q1 and FY2028 EPS estimates (Q1 to $13.22 and FY2028 to $51.84), signaling lower forward earnings expectations that could pressure valuation if other analysts follow. Read More.

About Group 1 Automotive

Group 1 Automotive, Inc (NYSE: GPI) is an international automotive retailer headquartered in Houston, Texas. The company operates an extensive network of franchised dealerships, offering new and pre-owned vehicles from leading domestic and import manufacturers. In addition to vehicle sales, Group 1 Automotive provides a full complement of aftersales services, including finance and insurance products, parts distribution, collision repair centers and vehicle maintenance.

Founded in 1997, Group 1 Automotive has grown through both organic expansion and strategic acquisitions to establish a presence across the United States, the United Kingdom and Brazil.