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What smart money is saying about Asbury Automotive Group, Inc.United States flag

ABG · Consumer Cyclical · Specialty Retail · Market cap $4.53B

4 funds in our archive have pitched Asbury Automotive Group, Inc. — most recently GoodHaven Fund in July 2026.

Company profile

Asbury Automotive Group, Inc., together with its subsidiaries, operates as an automotive retailer in the United States. It operates through Dealerships; and Total Care Auto, Powered by Asbury (TCA) segments. The company offers a range of automotive products and services, including new and used vehicles; and vehicle repair and maintenance services, replacement parts, collision repair, and reconditioning services for used vehicles. It also provides finance and insurance products, including arranging vehicle financing through third parties; and aftermarket products, such as extended vehicle service contracts, guaranteed asset protection debt cancellation, prepaid maintenance contracts, key replacement contracts, paintless dent repair contracts, appearance protection contracts, tire and wheel, and lease wear and tear contracts. The company sells its products and services to individual retail customers, other dealers, and licensed wholesalers through its network of dealerships, as well as at auctions. Asbury Automotive Group, Inc. was founded in 1996 and is headquartered in Atlanta, Georgia.

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Fund coverage · 4 theses

  • GoodHaven Fund
    July 2026

    Asbury Automotive has scale advantages, strong high-margin parts and service economics, disciplined management, and trades at an attractive forward multiple with earnings inflection potential.

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  • Asbury Automotive Group, Inc. is a leading consolidator in the U.S. automotive retail sector, leveraging a resilient business model focused on high-margin parts and services, strategic acquisitions, and innovative digital solutions for sustainable, long-term growth.

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  • Black Bear
    March 2025

    Asbury Group is an auto dealership operator in the U.S. with a strong profit model in parts and services, facing tariff impacts on vehicle affordability, yet expected to generate $20-$30 in free cash flow per share in a normal year, indicating a 9-14% annual yield.

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  • Asbury Group is a highly profitable automotive dealership operator leveraging a razor-razorblade model and an omni-channel sales approach, with potential for significant free-cash flow and stock buybacks.

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