Intech Investment Management LLC Has $4.92 Million Position in Aaron's Holdings Company, Inc. $PRG

Key Points

• Intech Investment Management LLC increased its stake in Aaron's Holdings Company, Inc. by 7.8% in the first quarter, acquiring an additional 13,354 shares, bringing its total holdings to 185,079 shares valued at approximately $4.9 million.
• Institutional investors now own 97.92% of Aaron's stock, with several firms significantly increasing their positions, highlighting strong institutional interest in the company.
• Aaron's reported $1.02 EPS for the last quarter, exceeding analysts' expectations, while also announcing a quarterly dividend of $0.13, yielding 1.5% on an annualized basis.

Intech Investment Management LLC raised its stake in Aaron's Holdings Company, Inc. (NYSE:PRG - Free Report) by 7.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 185,079 shares of the company's stock after purchasing an additional 13,354 shares during the period. Intech Investment Management LLC owned 0.46% of Aaron's worth $4,923,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of PRG. PNC Financial Services Group Inc. grew its stake in shares of Aaron's by 13.8% in the first quarter. PNC Financial Services Group Inc. now owns 3,411 shares of the company's stock valued at $91,000 after acquiring an additional 413 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Aaron's by 2.0% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,201 shares of the company's stock valued at $980,000 after acquiring an additional 446 shares in the last quarter. State of Wyoming grew its stake in shares of Aaron's by 10.9% in the fourth quarter. State of Wyoming now owns 5,694 shares of the company's stock valued at $241,000 after acquiring an additional 560 shares in the last quarter. Diversified Trust Co grew its stake in shares of Aaron's by 7.2% in the first quarter. Diversified Trust Co now owns 8,647 shares of the company's stock valued at $230,000 after acquiring an additional 583 shares in the last quarter. Finally, Legato Capital Management LLC grew its position in shares of Aaron's by 2.7% during the 1st quarter. Legato Capital Management LLC now owns 26,227 shares of the company's stock worth $698,000 after purchasing an additional 693 shares in the last quarter. Institutional investors and hedge funds own 97.92% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on PRG shares. Wall Street Zen upgraded shares of Aaron's from a "hold" rating to a "buy" rating in a research report on Saturday, September 6th. BTIG Research downgraded Aaron's from a "neutral" rating to a "sell" rating and set a $24.00 price target on the stock. in a research report on Monday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $41.00.

Aaron's Price Performance

Shares of NYSE PRG traded up $0.83 during mid-day trading on Thursday, hitting $36.20. 97,897 shares of the stock traded hands, compared to its average volume of 473,753. The company has a debt-to-equity ratio of 0.89, a current ratio of 5.71 and a quick ratio of 2.82. Aaron's Holdings Company, Inc. has a twelve month low of $23.50 and a twelve month high of $50.28. The company has a market cap of $1.43 billion, a PE ratio of 7.15 and a beta of 1.77. The firm has a 50 day simple moving average of $32.89 and a two-hundred day simple moving average of $29.54.

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 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 period last year, the firm posted $0.92 earnings per share. The business's revenue for the quarter 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. As a group, equities research analysts forecast that Aaron's Holdings Company, Inc. will post 3.45 EPS for the current fiscal year.

Aaron's Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Tuesday, August 19th were given a dividend of $0.13 per share. The ex-dividend date was Tuesday, August 19th. This represents a $0.52 annualized dividend and a yield of 1.4%. Aaron's's dividend payout ratio (DPR) is currently 10.28%.

Aaron's 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.