Russell Investments Group Ltd. trimmed its holdings in shares of Aaron's Holdings Company, Inc. (NYSE:PRG - Free Report) by 17.8% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 133,683 shares of the company's stock after selling 28,948 shares during the period. Russell Investments Group Ltd. owned about 0.33% of Aaron's worth $3,556,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. boosted its holdings in Aaron's by 13.8% during the first quarter. PNC Financial Services Group Inc. now owns 3,411 shares of the company's stock worth $91,000 after buying an additional 413 shares in the last quarter. Squarepoint Ops LLC bought a new stake in Aaron's during the fourth quarter worth approximately $235,000. State of Wyoming boosted its holdings in Aaron's by 10.9% during the fourth quarter. State of Wyoming now owns 5,694 shares of the company's stock worth $241,000 after buying an additional 560 shares in the last quarter. PharVision Advisers LLC bought a new stake in Aaron's during the fourth quarter worth approximately $288,000. Finally, Aquatic Capital Management LLC bought a new stake in Aaron's during the fourth quarter worth approximately $323,000. 97.92% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
PRG has been the subject of a number of research reports. Wall Street Zen upgraded shares of Aaron's from a "hold" rating to a "buy" rating in a report on Friday, August 22nd. BTIG Research lowered shares of Aaron's from a "neutral" rating to a "sell" rating and set a $24.00 price objective for the company. in a research note on Monday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Aaron's currently has a consensus rating of "Moderate Buy" and a consensus price target of $41.00.
Check Out Our Latest Research Report on Aaron's
Aaron's Trading Up 0.4%
Aaron's stock traded up $0.15 during midday trading on Friday, reaching $35.14. The stock had a trading volume of 23,731 shares, compared to its average volume of 484,454. The firm's fifty day simple moving average is $31.27 and its two-hundred day simple moving average is $29.48. 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 debt-to-equity ratio of 0.89, a current ratio of 5.71 and a quick ratio of 2.82. The firm has a market cap of $1.39 billion, a price-to-earnings ratio of 6.94 and a beta of 1.75.
Aaron's (NYSE:PRG - Get Free Report) last issued 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. The company had revenue of $604.66 million during the quarter, compared to analyst estimates of $586.25 million. Aaron's had a net margin of 8.53% and a return on equity of 22.54%. The company's revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter last year, the business posted $0.92 EPS. Aaron's has set its Q3 2025 guidance at 0.700-0.750 EPS. FY 2025 guidance at 3.200-3.350 EPS. Equities analysts anticipate that Aaron's Holdings Company, Inc. will post 3.45 EPS for the current fiscal year.
Aaron's Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Tuesday, August 19th will be issued a dividend of $0.13 per share. The ex-dividend date is 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%.
Aaron's Company Profile
(
Free Report)
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.
See Also

Before you consider Aaron's, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Aaron's wasn't on the list.
While Aaron's currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.