Penske Automotive Group (PAG) Expected to Announce Quarterly Earnings on Wednesday

Penske Automotive Group (NYSE:PAG - Get Free Report) is expected to release its Q2 2025 earnings data before the market opens on Wednesday, July 30th. Analysts expect the company to announce earnings of $3.64 per share and revenue of $7.98 billion for the quarter.

Penske Automotive Group (NYSE:PAG - Get Free Report) last announced its earnings results on Wednesday, April 30th. The company reported $3.39 earnings per share for the quarter, beating analysts' consensus estimates of $3.27 by $0.12. The company had revenue of $7.60 billion during the quarter, compared to analyst estimates of $7.68 billion. Penske Automotive Group had a return on equity of 17.80% and a net margin of 3.10%. The firm's quarterly revenue was up 2.1% compared to the same quarter last year. During the same period last year, the company posted $3.21 earnings per share. On average, analysts expect Penske Automotive Group to post $14 EPS for the current fiscal year and $14 EPS for the next fiscal year.

Penske Automotive Group Price Performance

PAG traded up $4.21 during midday trading on Friday, hitting $175.01. The company had a trading volume of 218,915 shares, compared to its average volume of 219,103. Penske Automotive Group has a twelve month low of $134.05 and a twelve month high of $186.33. The company has a market capitalization of $11.58 billion, a PE ratio of 12.32 and a beta of 0.91. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.23 and a current ratio of 0.90. The firm's 50-day simple moving average is $170.93 and its 200-day simple moving average is $162.66.

Penske Automotive Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 3rd. Shareholders of record on Friday, August 15th will be given a $1.32 dividend. This represents a $5.28 dividend on an annualized basis and a yield of 3.02%. This is a positive change from Penske Automotive Group's previous quarterly dividend of $1.26. The ex-dividend date of this dividend is Friday, August 15th. Penske Automotive Group's dividend payout ratio (DPR) is presently 35.49%.

Penske Automotive Group declared that its Board of Directors has initiated a stock repurchase plan on Wednesday, May 14th that permits the company to buyback $250.00 million in outstanding shares. This buyback authorization permits the company to reacquire up to 2.3% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's leadership believes its stock is undervalued.

Analyst Ratings Changes

Several brokerages recently weighed in on PAG. Bank of America increased their price objective on shares of Penske Automotive Group from $190.00 to $205.00 and gave the company a "buy" rating in a report on Monday, June 16th. Citigroup increased their price target on Penske Automotive Group from $185.00 to $195.00 and gave the company a "buy" rating in a research note on Monday, May 19th. Wall Street Zen raised Penske Automotive Group from a "hold" rating to a "buy" rating in a research note on Wednesday, April 23rd. Stephens reiterated an "equal weight" rating and issued a $140.00 price objective on shares of Penske Automotive Group in a report on Wednesday, June 11th. Finally, JPMorgan Chase & Co. reduced their target price on Penske Automotive Group from $160.00 to $155.00 and set an "underweight" rating on the stock in a report on Thursday, July 17th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, Penske Automotive Group currently has a consensus rating of "Moderate Buy" and a consensus target price of $175.00.

Insider Buying and Selling

In other Penske Automotive Group news, EVP Shane M. Spradlin sold 3,158 shares of the business's stock in a transaction dated Monday, June 9th. The stock was sold at an average price of $167.10, for a total value of $527,701.80. Following the completion of the transaction, the executive vice president directly owned 36,152 shares of the company's stock, valued at approximately $6,040,999.20. The trade was a 8.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Greg C. Smith sold 1,529 shares of the stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $161.64, for a total value of $247,147.56. The disclosure for this sale can be found here. In the last quarter, insiders have sold 82,044 shares of company stock valued at $13,257,948. 51.70% of the stock is owned by company insiders.

Institutional Trading of Penske Automotive Group

Hedge funds have recently bought and sold shares of the stock. Acadian Asset Management LLC acquired a new position in shares of Penske Automotive Group in the first quarter valued at approximately $42,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Penske Automotive Group by 4.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 68,884 shares of the company's stock valued at $9,918,000 after acquiring an additional 3,100 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in Penske Automotive Group by 28.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 380,267 shares of the company's stock valued at $54,751,000 after acquiring an additional 84,045 shares in the last quarter. 77.08% of the stock is currently owned by institutional investors and hedge funds.

Penske Automotive Group Company Profile

Penske Automotive Group, Inc, a diversified transportation services company, operates automotive and commercial truck dealerships worldwide. The company operates through four segments: Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments. It operates dealerships under franchise agreements with various automotive manufacturers and distributors.