Zacks Research Analysts Increase Earnings Estimates for PAG

Penske Automotive Group, Inc. (NYSE:PAG - Free Report) - Analysts at Zacks Research upped their Q1 2025 earnings estimates for Penske Automotive Group in a report issued on Thursday, February 27th. Zacks Research analyst L. Sahu now forecasts that the company will post earnings per share of $3.10 for the quarter, up from their prior estimate of $3.06. The consensus estimate for Penske Automotive Group's current full-year earnings is $13.86 per share. Zacks Research also issued estimates for Penske Automotive Group's Q4 2025 earnings at $3.52 EPS, Q1 2026 earnings at $3.48 EPS, Q2 2026 earnings at $3.64 EPS, Q3 2026 earnings at $3.62 EPS, FY2026 earnings at $14.35 EPS and FY2027 earnings at $14.77 EPS.

A number of other equities analysts have also weighed in on the stock. JPMorgan Chase & Co. increased their target price on shares of Penske Automotive Group from $160.00 to $165.00 and gave the stock an "underweight" rating in a research report on Wednesday, February 19th. Benchmark started coverage on shares of Penske Automotive Group in a research report on Thursday, December 12th. They set a "buy" rating for the company. Stephens reiterated an "equal weight" rating and set a $165.00 target price on shares of Penske Automotive Group in a research report on Tuesday, February 18th. Finally, StockNews.com upgraded shares of Penske Automotive Group from a "hold" rating to a "buy" rating in a research report on Monday, February 24th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $172.50.

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Penske Automotive Group Stock Performance

NYSE:PAG traded up $1.46 on Monday, reaching $166.75. 183,144 shares of the company's stock were exchanged, compared to its average volume of 175,244. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.91 and a quick ratio of 0.20. The firm has a market cap of $11.13 billion, a price-to-earnings ratio of 12.13 and a beta of 1.20. Penske Automotive Group has a 52 week low of $142.32 and a 52 week high of $180.12. The stock has a fifty day simple moving average of $162.29 and a 200-day simple moving average of $160.73.

Penske Automotive Group (NYSE:PAG - Get Free Report) last issued its earnings results on Thursday, February 13th. The company reported $3.54 earnings per share for the quarter, topping analysts' consensus estimates of $3.37 by $0.17. The firm had revenue of $7.72 billion during the quarter, compared to analyst estimates of $7.56 billion. Penske Automotive Group had a net margin of 3.02% and a return on equity of 18.05%.

Institutional Investors Weigh In On Penske Automotive Group

Hedge funds have recently bought and sold shares of the stock. Janus Henderson Group PLC lifted its position in Penske Automotive Group by 36.9% during the third quarter. Janus Henderson Group PLC now owns 39,569 shares of the company's stock valued at $6,426,000 after purchasing an additional 10,663 shares during the last quarter. Highland Capital Management LLC bought a new stake in Penske Automotive Group during the fourth quarter valued at approximately $240,000. Cerity Partners LLC lifted its position in Penske Automotive Group by 176.1% during the third quarter. Cerity Partners LLC now owns 13,333 shares of the company's stock valued at $2,166,000 after purchasing an additional 8,504 shares during the last quarter. Blue Trust Inc. lifted its position in Penske Automotive Group by 28.3% during the fourth quarter. Blue Trust Inc. now owns 1,221 shares of the company's stock valued at $198,000 after purchasing an additional 269 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its position in Penske Automotive Group by 188.2% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 6,981 shares of the company's stock valued at $1,134,000 after purchasing an additional 4,559 shares during the last quarter. 77.08% of the stock is currently owned by institutional investors.

Insider Activity

In other Penske Automotive Group news, EVP Claude H. Denker III sold 8,746 shares of Penske Automotive Group stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $173.03, for a total transaction of $1,513,320.38. Following the completion of the sale, the executive vice president now directly owns 28,917 shares in the company, valued at $5,003,508.51. The trade was a 23.22 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 51.70% of the stock is owned by company insiders.

Penske Automotive Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Monday, February 24th will be given a $1.22 dividend. This is a positive change from Penske Automotive Group's previous quarterly dividend of $1.19. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.93%. The ex-dividend date of this dividend is Monday, February 24th. Penske Automotive Group's dividend payout ratio (DPR) is 35.49%.

Penske Automotive Group Company Profile

Penske Automotive Group, Inc, a diversified transportation services company, operates automotive and commercial truck dealerships worldwide. The company operates through four segments: Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments. It operates dealerships under franchise agreements with various automotive manufacturers and distributors.