8,287 Shares in Aaron's Holdings Company, Inc. $PRG Acquired by Gallacher Capital Management LLC

Key Points

• Gallacher Capital Management LLC has acquired a new stake in Aaron's Holdings, purchasing 8,287 shares valued at approximately $243,000 during the 2nd quarter of 2023.
• Following recent earnings results, where Aaron's reported $1.02 earnings per share exceeding expectations, the company has set its guidance for Q3 2025 at 0.700-0.750 EPS.
• Aaron's has declared a quarterly dividend of $0.13, translating to an annual dividend yield of 1.5%, with a payout ratio of 10.28%.

Gallacher Capital Management LLC bought a new position in Aaron's Holdings Company, Inc. (NYSE:PRG - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 8,287 shares of the company's stock, valued at approximately $243,000.

Other hedge funds also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd increased its position 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 worth $28,000 after purchasing an additional 927 shares during the last quarter. PNC Financial Services Group Inc. increased its position 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 worth $91,000 after purchasing an additional 413 shares during the last quarter. Squarepoint Ops LLC acquired a new position in Aaron's in the 4th quarter worth about $235,000. State of Wyoming increased its position in Aaron's by 10.9% in the 4th quarter. State of Wyoming now owns 5,694 shares of the company's stock worth $241,000 after purchasing an additional 560 shares during the last quarter. Finally, PharVision Advisers LLC acquired a new position in shares of Aaron's during the 4th quarter valued at about $288,000. 97.92% of the stock is owned by institutional investors and hedge funds.

Aaron's Stock Performance

PRG traded down $0.61 during midday trading on Friday, reaching $35.50. The company's stock had a trading volume of 1,782,475 shares, compared to its average volume of 321,714. The stock has a market cap of $1.40 billion, a P/E ratio of 7.02 and a beta of 1.77. The company has a fifty day simple moving average of $33.11 and a 200 day simple moving average of $29.64. The company has a current ratio of 5.71, a quick ratio of 2.82 and a debt-to-equity ratio of 0.89. Aaron's Holdings Company, Inc. has a twelve month low of $23.50 and a twelve month high of $50.28.

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

Aaron's Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on PRG shares. Wall Street Zen raised Aaron's from a "hold" rating to a "buy" rating in a report on Saturday, September 6th. 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 research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price 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.