SummitTX Capital L.P. Has $1.11 Million Holdings in Lithia Motors, Inc. $LAD

SummitTX Capital L.P. raised its position in Lithia Motors, Inc. (NYSE:LAD) by 263.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,430 shares of the company’s stock after purchasing an additional 3,212 shares during the quarter. SummitTX Capital L.P.’s holdings in Lithia Motors were worth $1,106,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Lithia Motors by 1,062.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 11,070 shares of the company’s stock valued at $3,679,000 after purchasing an additional 10,118 shares during the last quarter. Life Cycle Investment Partners Ltd bought a new position in Lithia Motors in the fourth quarter valued at $58,409,000. Bridges Investment Management Inc. increased its stake in Lithia Motors by 8.0% in the 4th quarter. Bridges Investment Management Inc. now owns 284,325 shares of the company’s stock valued at $94,490,000 after buying an additional 21,168 shares during the last quarter. Intech Investment Management LLC lifted its position in Lithia Motors by 140.7% during the 4th quarter. Intech Investment Management LLC now owns 11,396 shares of the company’s stock worth $3,787,000 after buying an additional 6,661 shares in the last quarter. Finally, Independent Advisor Alliance acquired a new position in shares of Lithia Motors during the 4th quarter worth about $1,676,000.

Analysts Set New Price Targets

LAD has been the topic of a number of analyst reports. Bank of America upped their price objective on Lithia Motors from $350.00 to $417.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. Wells Fargo & Company upped their price target on shares of Lithia Motors from $305.00 to $306.00 and gave the stock an “equal weight” rating in a research report on Monday, July 6th. Weiss Ratings raised shares of Lithia Motors from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, July 21st. Barclays dropped their target price on shares of Lithia Motors from $370.00 to $360.00 and set an “overweight” rating on the stock in a report on Wednesday, July 15th. Finally, Citigroup boosted their price target on Lithia Motors from $326.00 to $365.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Eight analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Lithia Motors presently has an average rating of “Moderate Buy” and a consensus target price of $380.33.

More Lithia Motors News

Here are the key news stories impacting Lithia Motors this week:

• Positive Sentiment: Second-quarter earnings and revenue exceeded expectations. Lithia reported record revenue of approximately $9.8 billion, up 2.2% year over year. Adjusted diluted EPS was $10.03, ahead of the roughly $8.67–$8.73 consensus, while reported diluted EPS was $11.54, a 17% increase. Lithia & Driveway second-quarter results
• Positive Sentiment: Profitability indicators improved despite challenging market conditions. Used-vehicle retail gross profit per unit increased $339, or 20%, sequentially. Aftersales gross margin reached 59.2%, up 120 basis points on a same-store basis, while adjusted SG&A as a percentage of gross profit improved by 290 basis points.
• Positive Sentiment: Shareholder returns were strengthened. Lithia repurchased $242 million of stock during the quarter—equivalent to 3.7% of shares outstanding—and has repurchased 7.6% of shares in the first half of 2026. The company also raised its quarterly dividend 22.8%, from $0.57 to $0.70 per share. Investors of record on August 7 will receive the dividend on August 21. Lithia Motors reaches record high
• Positive Sentiment: Financing operations delivered record results. The unit generated $37 million in income and $884 million in originations, with a 17.5% penetration rate, adding support to earnings diversification.
• Neutral Sentiment: The stock’s rally has pushed it close to its 52-week high, with elevated trading volume. Its valuation remains moderate at roughly 15 times earnings, but the sharp move may increase sensitivity to any earnings disappointment.
• Negative Sentiment: Broader-market conditions were unfavorable as oil prices surged amid rising U.S.-Iran tensions and major indexes sold off ahead of the Federal Reserve’s interest-rate decision. Higher fuel costs, interest rates, or renewed economic concerns could pressure vehicle demand and financing activity. Market sell-off and oil spike

Lithia Motors Stock Performance

NYSE LAD opened at $425.35 on Thursday. The firm has a 50-day moving average price of $308.92 and a two-hundred day moving average price of $294.90. Lithia Motors, Inc. has a 12-month low of $239.78 and a 12-month high of $439.49. The company has a market capitalization of $9.70 billion, a P/E ratio of 14.94, a P/E/G ratio of 0.84 and a beta of 1.26. The company has a quick ratio of 0.24, a current ratio of 0.99 and a debt-to-equity ratio of 1.41.

Lithia Motors (NYSE:LAD) last released its earnings results on Wednesday, July 29th. The company reported $10.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.73 by $1.30. The company had revenue of $9.79 billion for the quarter, compared to analyst estimates of $9.64 billion. Lithia Motors had a return on equity of 12.49% and a net margin of 1.88%.Lithia Motors’s quarterly revenue was up 2.2% on a year-over-year basis. During the same period in the prior year, the firm posted $10.24 EPS. Analysts anticipate that Lithia Motors, Inc. will post 34.19 earnings per share for the current year.

Lithia Motors Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 21st. Investors of record on Friday, August 7th will be given a dividend of $0.70 per share. The ex-dividend date is Friday, August 7th. This represents a $2.80 dividend on an annualized basis and a yield of 0.7%. This is a positive change from Lithia Motors’s previous quarterly dividend of $0.57. Lithia Motors’s dividend payout ratio is currently 8.01%.

Lithia Motors announced that its Board of Directors has authorized a stock repurchase plan on Tuesday, May 26th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the company to buy up to 7.9% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s management believes its stock is undervalued.

Insider Buying and Selling

In other news, Director Shauna Mcintyre sold 245 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $294.64, for a total value of $72,186.80. Following the completion of the transaction, the director owned 1,846 shares of the company’s stock, valued at $543,905.44. This represents a 11.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Richard J. Bailey, Jr. sold 297 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $280.57, for a total transaction of $83,329.29. Following the completion of the transaction, the director owned 760 shares of the company’s stock, valued at approximately $213,233.20. This trade represents a 28.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 782 shares of company stock valued at $229,572. 1.08% of the stock is owned by corporate insiders.

Lithia Motors Profile

Lithia Motors, Inc is an American automotive retailer headquartered in Medford, Oregon. Founded in 1946 as a small auto body and glass shop, the company has grown through organic expansion and strategic acquisitions to become one of the largest automotive retail networks in North America. Lithia operates dealerships across the United States and Canada, offering a broad portfolio of new and pre-owned vehicles from more than 40 different manufacturers.

The company’s core business activities include vehicle sales, financing, insurance, parts and service.