Aaron's Holdings Company, Inc. $PRG Shares Sold by PDT Partners LLC

Key Points

• PDT Partners LLC reduced its stake in Aaron's Holdings by 48.4% in Q1, leaving them with 15,562 shares valued at approximately $414,000.
• Analysts have mixed ratings on Aaron's stock, with a consensus rating of "Moderate Buy" and a price target of $41.00.
• Aaron's recently announced a quarterly dividend of $0.13 per share, representing an annualized yield of 1.5% and a payout ratio of 10.28%.

PDT Partners LLC lowered its position in Aaron's Holdings Company, Inc. (NYSE:PRG - Free Report) by 48.4% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 15,562 shares of the company's stock after selling 14,568 shares during the period. PDT Partners LLC's holdings in Aaron's were worth $414,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd lifted its holdings in Aaron's by 785.6% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 1,045 shares of the company's stock valued at $28,000 after purchasing an additional 927 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in Aaron's by 13.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,411 shares of the company's stock valued at $91,000 after purchasing an additional 413 shares in the last quarter. Squarepoint Ops LLC purchased a new position in Aaron's in the 4th quarter valued at $235,000. State of Wyoming lifted its holdings in Aaron's by 10.9% in the 4th quarter. State of Wyoming now owns 5,694 shares of the company's stock valued at $241,000 after purchasing an additional 560 shares in the last quarter. Finally, PharVision Advisers LLC purchased a new position in Aaron's in the 4th quarter valued at $288,000. Hedge funds and other institutional investors own 97.92% of the company's stock.

Wall Street Analysts Forecast Growth

PRG has been the topic of a number of research reports. Wall Street Zen upgraded Aaron's from a "hold" rating to a "buy" rating in a report on Saturday. BTIG Research lowered Aaron's from a "neutral" rating to a "sell" rating and set a $24.00 price objective on the stock. in a report on Monday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $41.00.

Aaron's Trading Down 0.6%

Shares of NYSE PRG traded down $0.20 during trading on Friday, hitting $35.28. 319,844 shares of the company were exchanged, compared to its average volume of 310,515. Aaron's Holdings Company, Inc. has a 12-month low of $23.50 and a 12-month high of $50.28. The company has a debt-to-equity ratio of 0.89, a quick ratio of 2.82 and a current ratio of 5.71. The company has a fifty day moving average price of $32.04 and a 200-day moving average price of $29.16. The firm has a market capitalization of $1.39 billion, a PE ratio of 10.12 and a beta of 1.77.

Aaron's (NYSE:PRG - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The company reported $1.02 EPS for the quarter, topping the consensus estimate of $0.79 by $0.23. Aaron's had a return on equity of 22.54% and a net margin of 8.53%.The business had revenue of $604.66 million for the quarter, compared to analyst estimates of $586.25 million. During the same quarter in the previous year, the firm earned $0.92 EPS. The company's quarterly revenue was up 2.1% compared to the same quarter last year. Aaron's has set its Q3 2025 guidance at 0.700-0.750 EPS. FY 2025 guidance at 3.200-3.350 EPS. As a group, equities research analysts expect that Aaron's Holdings Company, Inc. will post 3.45 EPS for the current year.

Aaron's Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Tuesday, August 19th were issued a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 1.5%. The ex-dividend date was Tuesday, August 19th. Aaron's's payout ratio is 10.28%.

Aaron's Company Profile

PROG Holdings, Inc NYSE: PRG is a financial technology holding company based in Salt Lake City, Utah with three business segments: Progressive Leasing, which offers lease-to-own transactions primarily to credit-challenged consumers through e-commerce and point-of-sale retail partners, via online, mobile, and in-store solutions; Vive Financial, which provides consumers who may not qualify for traditional prime lending with a variety of second-look, revolving credit products through private label and branded credit cards; and Four Technologies, which provides consumers of all credit backgrounds Buy Now, Pay Later (BNPL) options through four interest-free installments via its platform, Four.