Aaron's Holdings Company, Inc. $PRG Shares Purchased by Breach Inlet Capital Management LLC

Key Points

• Breach Inlet Capital Management LLC increased its stake in Aaron's Holdings by 140.7%, now owning 703,849 shares, making Aaron's the investment firm's 5th largest holding.
• Aaron's reported $1.02 EPS for the last quarter, exceeding analysts' expectations and guiding for Q3 2025 EPS of 0.700-0.750.
• The company's dividend of $0.13 per share will be paid on September 4th, representing a 1.5% yield and a payout ratio of 10.28%.

Breach Inlet Capital Management LLC lifted its stake in shares of Aaron's Holdings Company, Inc. (NYSE:PRG - Free Report) by 140.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 703,849 shares of the company's stock after purchasing an additional 411,459 shares during the quarter. Aaron's comprises about 10.7% of Breach Inlet Capital Management LLC's investment portfolio, making the stock its 5th largest holding. Breach Inlet Capital Management LLC owned 1.74% of Aaron's worth $18,722,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. raised its stake in shares of Aaron's by 1.4% during the first quarter. Vanguard Group Inc. now owns 5,005,577 shares of the company's stock valued at $133,148,000 after purchasing an additional 68,369 shares in the last quarter. Allianz Asset Management GmbH raised its stake in shares of Aaron's by 16.3% during the first quarter. Allianz Asset Management GmbH now owns 907,100 shares of the company's stock valued at $24,129,000 after purchasing an additional 127,384 shares in the last quarter. Vulcan Value Partners LLC raised its stake in shares of Aaron's by 84.3% during the first quarter. Vulcan Value Partners LLC now owns 681,746 shares of the company's stock valued at $18,134,000 after purchasing an additional 311,917 shares in the last quarter. Wellington Management Group LLP raised its position in Aaron's by 46.4% in the first quarter. Wellington Management Group LLP now owns 617,624 shares of the company's stock worth $16,429,000 after acquiring an additional 195,855 shares in the last quarter. Finally, Northern Trust Corp raised its position in Aaron's by 7.0% in the fourth quarter. Northern Trust Corp now owns 517,984 shares of the company's stock worth $21,890,000 after acquiring an additional 33,991 shares in the last quarter. 97.92% of the stock is currently owned by institutional investors.

Aaron's Stock Up 0.5%

Shares of PRG traded up $0.16 during trading hours on Monday, reaching $35.49. The company's stock had a trading volume of 91,682 shares, compared to its average volume of 480,617. The firm has a market cap of $1.40 billion, a price-to-earnings ratio of 7.00 and a beta of 1.77. The company has a 50 day moving average of $32.04 and a two-hundred day moving average of $29.16. Aaron's Holdings Company, Inc. has a 1-year low of $23.50 and a 1-year high of $50.28. The company has a quick ratio of 2.82, a current ratio of 5.71 and a debt-to-equity ratio of 0.89.

Aaron's (NYSE:PRG - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The company reported $1.02 EPS for the quarter, beating 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 company had revenue of $604.66 million for the quarter, compared to the consensus estimate of $586.25 million. During the same quarter last year, the company posted $0.92 earnings per share. The company's revenue for the quarter 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, research analysts predict that Aaron's Holdings Company, Inc. will post 3.45 EPS for the current fiscal year.

Aaron's Announces Dividend

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

Wall Street Analyst Weigh In

PRG has been the topic of several recent analyst reports. BTIG Research downgraded 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. Wall Street Zen upgraded Aaron's from a "hold" rating to a "buy" rating in a report on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $41.00.

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.