Seaport Res Ptn Issues Optimistic Outlook for PAG Earnings

Penske Automotive Group, Inc. (NYSE:PAG - Free Report) - Stock analysts at Seaport Res Ptn increased their Q1 2025 earnings per share estimates for shares of Penske Automotive Group in a report issued on Sunday, April 20th. Seaport Res Ptn analyst G. Chin now anticipates that the company will post earnings per share of $3.31 for the quarter, up from their prior estimate of $3.17. 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 $3.50 EPS and FY2026 earnings at $14.10 EPS.

A number of other equities research analysts have also weighed in on PAG. Stephens reaffirmed an "equal weight" rating and set a $165.00 target price on shares of Penske Automotive Group in a research report on Tuesday, February 18th. StockNews.com raised Penske Automotive Group from a "hold" rating to a "buy" rating in a research report on Wednesday. Citigroup began coverage on Penske Automotive Group in a research report on Wednesday. They set a "buy" rating and a $185.00 target price for the company. Finally, JPMorgan Chase & Co. decreased their target price on Penske Automotive Group from $165.00 to $140.00 and set an "underweight" rating for the company in a research report on Thursday, March 27th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, Penske Automotive Group presently has an average rating of "Moderate Buy" and an average price target of $170.00.

Penske Automotive Group Trading Down 0.3 %

Shares of PAG stock traded down $0.54 on Tuesday, reaching $157.58. 145,993 shares of the company's stock were exchanged, compared to its average volume of 195,377. Penske Automotive Group has a 52 week low of $134.05 and a 52 week 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. The stock has a market capitalization of $10.52 billion, a PE ratio of 11.46 and a beta of 1.03. The company's fifty day simple moving average is $154.45 and its 200 day simple moving average is $158.14.

Penske Automotive Group (NYSE:PAG - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The company reported $3.54 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.37 by $0.17. Penske Automotive Group had a return on equity of 18.05% and a net margin of 3.02%. The firm had revenue of $7.72 billion during the quarter, compared to analyst estimates of $7.56 billion.

Penske Automotive Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, February 24th were issued a $1.22 dividend. The ex-dividend date was Monday, February 24th. This is an increase from Penske Automotive Group's previous quarterly dividend of $1.19. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.10%. Penske Automotive Group's dividend payout ratio (DPR) is currently 35.49%.

Insider Activity

In other 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 transaction of $1,513,320.38. Following the transaction, the executive vice president now owns 28,917 shares in the company, valued at $5,003,508.51. This represents a 23.22 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director John Barr sold 1,529 shares of the company's stock in a transaction dated 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. Company insiders own 51.70% of the company's stock.

Hedge Funds Weigh In On Penske Automotive Group

Several hedge funds have recently modified their holdings of the stock. GAMMA Investing LLC boosted its position in Penske Automotive Group by 44.8% in the fourth quarter. GAMMA Investing LLC now owns 262 shares of the company's stock valued at $40,000 after buying an additional 81 shares during the last quarter. Whittier Trust Co. of Nevada Inc. purchased a new stake in Penske Automotive Group in the fourth quarter valued at approximately $40,000. UMB Bank n.a. boosted its position in Penske Automotive Group by 421.5% in the first quarter. UMB Bank n.a. now owns 339 shares of the company's stock valued at $49,000 after buying an additional 274 shares during the last quarter. Headlands Technologies LLC purchased a new stake in Penske Automotive Group in the fourth quarter valued at approximately $76,000. Finally, Fifth Third Bancorp boosted its position in Penske Automotive Group by 31.0% in the first quarter. Fifth Third Bancorp now owns 528 shares of the company's stock valued at $76,000 after buying an additional 125 shares during the last quarter. Institutional investors and hedge funds own 77.08% of the company's stock.

About Penske Automotive Group

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.