AutoNation, Inc. sees increased institutional investment and raised earnings estimates

AutoNation, Inc. has seen significant activity regarding institutional investment and updated analyst projections. GSA Capital Partners LLP recently acquired a new stake in the company, purchasing 6,177 shares valued at approximately $1,148,000 during the second quarter.

Other institutional investors have also adjusted their positions. Northwestern Mutual Wealth Management Co. increased its holdings to over 4.4 million shares, while Norges Bank and Arrowstreet Capital Limited Partnership also acquired new or additional stakes. Currently, institutional investors and hedge funds own approximately 94.62% of the company's stock.

On the analytical front, Zacks Research raised its Q3 2026 earnings per share estimate for AutoNation to $5.58, up from a previous estimate of $5.49. Several major brokerages have also issued positive outlooks, including Morgan Stanley, which raised its price target to $250.00, and Barclays, which set a target of $260.00. The stock currently maintains a consensus rating of ‘Moderate Buy’ with a consensus target price of $250.00.