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Medford Today
By the People, for the People
JPMorgan Chase & Co. Boosts Stake in Lithia Motors
The investment firm increased its holdings in the automotive retailer by 6.9% in the third quarter.
Mar. 19, 2026 at 9:21am
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JPMorgan Chase & Co. has increased its stake in Lithia Motors, Inc. (NYSE:LAD) by 6.9% in the third quarter, according to a recent SEC filing. The firm now owns 244,598 shares of the company's stock, representing about 1.01% of Lithia Motors' total shares outstanding.
Why it matters
Lithia Motors is one of the largest automotive retail networks in North America, operating dealerships across the United States and Canada. JPMorgan Chase's increased investment signals confidence in the company's growth potential and future performance.
The details
According to the filing, JPMorgan Chase & Co. acquired an additional 15,832 shares of Lithia Motors during the third quarter, bringing its total holdings to 244,598 shares. This represents about 1.01% of the company's outstanding stock. The investment firm cited Lithia Motors' strong financial position and growth prospects as reasons for the increased stake.
- JPMorgan Chase & Co. boosted its position in Lithia Motors in the third quarter of 2026.
The players
JPMorgan Chase & Co.
A multinational investment bank and financial services company headquartered in New York City.
Lithia Motors, Inc.
An American automotive retailer headquartered in Medford, Oregon, operating dealerships across the United States and Canada.
The takeaway
JPMorgan Chase's increased investment in Lithia Motors suggests the investment firm sees significant growth potential in the automotive retailer, which has a strong presence across North America.
