Comerica Bank Has $6.73 Million Holdings in Lithia Motors, Inc. $LAD

01 May 2026, 06:03 by Teresa Graham · The Cerbat Gem

Comerica Bank raised its position in Lithia Motors, Inc. (NYSE:LAD – Free Report) by 10.1% in the fourth quarter, HoldingsChannel reports. The fund owned 20,236 shares of the company’s stock after purchasing an additional 1,857 shares during the quarter. Comerica Bank’s holdings in Lithia Motors were worth $6,725,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in LAD. CoreCap Advisors LLC acquired a new stake in Lithia Motors in the third quarter valued at approximately $26,000. Eastern Bank acquired a new stake in Lithia Motors in the third quarter valued at approximately $31,000. Root Financial Partners LLC acquired a new stake in Lithia Motors in the third quarter valued at approximately $31,000. Parkside Financial Bank & Trust grew its stake in Lithia Motors by 75.0% in the third quarter. Parkside Financial Bank & Trust now owns 105 shares of the company’s stock valued at $33,000 after acquiring an additional 45 shares during the period. Finally, V Square Quantitative Management LLC acquired a new stake in Lithia Motors in the fourth quarter valued at approximately $34,000.

Key Headlines Impacting Lithia Motors

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

Positive Sentiment: Q1 EPS beat expectations — Lithia reported $7.34 EPS vs. consensus $7.06, showing operational resilience and beating estimates. Q1 2026 Earnings Call Transcript
Positive Sentiment: Aftersales and Driveway strength — Used retail GPU and aftersales gross margins expanded; Driveway Finance posted record originations of $840M with 18% penetration and ~750 average FICO, supporting higher-margin financing income. Q1 Results Press Release
Positive Sentiment: Shareholder returns — Company repurchased $259M (≈4% of shares) in the quarter and announced a quarterly dividend increase to $0.57 (3.6% raise), both supportive of EPS and investor yield. (Dividend announcement and buyback disclosed in Q1 release)
Positive Sentiment: Analyst action — Wells Fargo raised its price target from $293 to $305 and maintained an “equal weight” rating, implying modest upside from current levels and signaling some analyst confidence. Benzinga
Neutral Sentiment: Revenue growth mixed — Company reported record quarterly revenue (~$9.27B) and modest year-over-year growth (≈1%), but the top-line drivers are mixed between new and used/aftersales. Q1 Results Press Release
Negative Sentiment: Revenue missed Street estimates — Reported revenue ($9.27B) was below analyst consensus (~$9.81B), which likely pressured the stock despite the EPS beat. Zacks: Q1 Earnings Top Estimates
Negative Sentiment: EPS down vs. prior year and margin pressure — GAAP EPS declined from $7.66 a year ago to $7.34; net margin remains thin (reported ~2.18%) and management cites shifting revenue mix and rising costs as headwinds. MarketBeat: Q1 Results

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Wall Street Zen cut Lithia Motors from a “hold” rating to a “sell” rating in a research note on Saturday, February 28th. Wells Fargo & Company lifted their target price on Lithia Motors from $293.00 to $305.00 and gave the company an “equal weight” rating in a research report on Thursday. Barclays cut their target price on Lithia Motors from $380.00 to $370.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 7th. Citigroup cut their target price on Lithia Motors from $366.00 to $326.00 and set a “buy” rating on the stock in a research report on Wednesday, April 8th. Finally, JPMorgan Chase & Co. cut their target price on Lithia Motors from $335.00 to $320.00 and set a “neutral” rating on the stock in a research report on Friday, April 17th. Six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $362.33.

Read Our Latest Stock Analysis on Lithia Motors

Lithia Motors Stock Performance

Shares of Lithia Motors stock opened at $290.26 on Friday. The business’s fifty day simple moving average is $267.16 and its 200 day simple moving average is $302.67. The firm has a market capitalization of $6.79 billion, a P/E ratio of 10.19, a price-to-earnings-growth ratio of 0.70 and a beta of 1.22. Lithia Motors, Inc. has a 12 month low of $239.78 and a 12 month high of $360.55. The company has a current ratio of 0.99, a quick ratio of 0.26 and a debt-to-equity ratio of 1.41.

Lithia Motors (NYSE:LAD – Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $7.34 EPS for the quarter, topping analysts’ consensus estimates of $7.06 by $0.28. The business had revenue of $9.27 billion for the quarter, compared to analyst estimates of $9.22 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 1.0% compared to the same quarter last year. During the same period last year, the company posted $7.66 earnings per share. As a group, analysts anticipate that Lithia Motors, Inc. will post 34.68 EPS for the current year.

Lithia Motors Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Friday, May 8th will be issued a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 0.8%. This is an increase from Lithia Motors’s previous quarterly dividend of $0.55. The ex-dividend date is Friday, May 8th. Lithia Motors’s dividend payout ratio is 6.85%.

Lithia Motors Profile

(Free Report)

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.