Seaport Res Ptn Issues Optimistic Estimate for PAG Earnings

Penske Automotive Group, Inc. (NYSE:PAG - Free Report) - Investment analysts at Seaport Res Ptn increased their Q2 2025 earnings estimates for shares of Penske Automotive Group in a note issued to investors on Monday, May 12th. Seaport Res Ptn analyst G. Chin now forecasts that the company will post earnings per share of $3.54 for the quarter, up from their previous estimate of $3.51. The consensus estimate for Penske Automotive Group's current full-year earnings is $13.86 per share. Seaport Res Ptn also issued estimates for Penske Automotive Group's Q3 2025 earnings at $3.53 EPS, Q4 2025 earnings at $3.41 EPS, FY2025 earnings at $13.87 EPS and FY2026 earnings at $13.72 EPS.

Penske Automotive Group (NYSE:PAG - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $3.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.27 by $0.12. The firm had revenue of $7.60 billion during the quarter, compared to analysts' expectations of $7.68 billion. Penske Automotive Group had a net margin of 3.02% and a return on equity of 18.05%. The firm's revenue for the quarter was up 2.1% on a year-over-year basis. During the same period in the prior year, the company posted $3.21 earnings per share.

A number of other analysts also recently weighed in on PAG. Citigroup began coverage on Penske Automotive Group in a research note on Wednesday, April 23rd. They issued a "buy" rating and a $185.00 price target on the stock. JPMorgan Chase & Co. reduced their target price on Penske Automotive Group from $165.00 to $140.00 and set an "underweight" rating for the company in a report on Thursday, March 27th. StockNews.com upgraded shares of Penske Automotive Group from a "hold" rating to a "buy" rating in a research report on Wednesday, April 23rd. Finally, Stephens reaffirmed an "equal weight" rating and set a $140.00 price target on shares of Penske Automotive Group in a research note on Monday, May 5th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $165.00.

Penske Automotive Group Stock Performance

NYSE PAG opened at $163.88 on Thursday. The stock has a market capitalization of $10.84 billion, a price-to-earnings ratio of 11.92 and a beta of 0.90. The business's 50 day moving average is $152.39 and its two-hundred day moving average is $158.47. Penske Automotive Group has a 12-month low of $134.05 and a 12-month high of $180.12. The company has a current ratio of 0.91, a quick ratio of 0.20 and a debt-to-equity ratio of 0.22.

Penske Automotive Group declared that its board has initiated a share buyback plan on Wednesday, May 14th that permits the company to repurchase $250.00 million in outstanding shares. This repurchase authorization permits the company to purchase up to 2.3% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's management believes its shares are undervalued.

Penske Automotive Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 3rd. Investors of record on Tuesday, May 27th will be paid a $1.26 dividend. This is an increase from Penske Automotive Group's previous quarterly dividend of $1.22. This represents a $5.04 annualized dividend and a yield of 3.08%. Penske Automotive Group's dividend payout ratio (DPR) is presently 34.37%.

Insider Buying and Selling

In other Penske Automotive Group news, EVP Claude H. Denker III sold 8,746 shares of the company's stock in a transaction dated Friday, February 14th. The shares were sold at an average price of $173.03, for a total value of $1,513,320.38. Following the sale, the executive vice president now owns 28,917 shares of the company's stock, valued at $5,003,508.51. This represents a 23.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John Barr sold 1,529 shares of the stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of $155.45, for a total transaction of $237,683.05. The disclosure for this sale can be found here. 51.70% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Whittier Trust Co. of Nevada Inc. purchased a new position in Penske Automotive Group during the fourth quarter worth $40,000. UMB Bank n.a. boosted its stake in shares of Penske Automotive Group by 421.5% during the first quarter. UMB Bank n.a. now owns 339 shares of the company's stock valued at $49,000 after acquiring an additional 274 shares during the last quarter. GAMMA Investing LLC increased its position in Penske Automotive Group by 51.9% during the 1st quarter. GAMMA Investing LLC now owns 398 shares of the company's stock worth $57,000 after purchasing an additional 136 shares in the last quarter. Brooklyn Investment Group increased its position in Penske Automotive Group by 353.0% during the 1st quarter. Brooklyn Investment Group now owns 453 shares of the company's stock worth $65,000 after purchasing an additional 353 shares in the last quarter. Finally, Headlands Technologies LLC acquired a new position in Penske Automotive Group in the 4th quarter valued at about $76,000. 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.

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