American Century Companies Boosts Lithia Motors Stake

Investment firm increases holdings in auto retailer by 84.8% in Q3

Mar. 11, 2026 at 7:10am

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American Century Companies Inc. has increased its stake in Lithia Motors, Inc. (NYSE:LAD) by 84.8% in the third quarter, according to a recent SEC filing. The investment firm now owns 49,338 shares of the company's stock, valued at $15.59 million.

Why it matters

Lithia Motors is one of the largest automotive retail networks in North America, operating dealerships across the U.S. and Canada. The increased investment by American Century Companies suggests confidence in the company's growth prospects and performance.

The details

According to the SEC filing, American Century Companies purchased an additional 22,637 shares of Lithia Motors during the third quarter, bringing its total holdings to 49,338 shares. This represents a 0.20% ownership stake in the company.

  • American Century Companies increased its Lithia Motors holdings in the third quarter of 2026.

The players

American Century Companies Inc.

An investment management firm that owns a 0.20% stake in Lithia Motors.

Lithia Motors, Inc.

A large automotive retailer operating dealerships across the United States and Canada.

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The takeaway

The increased investment by American Century Companies in Lithia Motors suggests the firm sees strong growth potential in the auto retailer, which has a large and diversified network of dealerships across North America.