Zacks Research Issues Positive Forecast for PAG Earnings

Penske Automotive Group, Inc. (NYSE:PAG - Free Report) - Zacks Research lifted their Q3 2025 earnings per share (EPS) estimates for Penske Automotive Group in a research report issued on Monday, May 19th. Zacks Research analyst L. Sahu now expects that the company will post earnings per share of $3.47 for the quarter, up from their prior forecast of $3.45. The consensus estimate for Penske Automotive Group's current full-year earnings is $13.86 per share. Zacks Research also issued estimates for Penske Automotive Group's Q4 2025 earnings at $3.29 EPS, Q3 2026 earnings at $3.52 EPS, Q4 2026 earnings at $3.54 EPS and FY2026 earnings at $14.03 EPS.

Other research analysts have also issued reports about the company. Stephens reaffirmed an "equal weight" rating and issued a $140.00 price objective on shares of Penske Automotive Group in a report on Monday, May 5th. JPMorgan Chase & Co. reduced their target price on Penske Automotive Group from $165.00 to $140.00 and set an "underweight" rating on the stock in a report on Thursday, March 27th. Wall Street Zen raised Penske Automotive Group from a "hold" rating to a "buy" rating in a research note on Wednesday, April 23rd. Finally, Citigroup raised their price objective 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. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $167.00.

Penske Automotive Group Stock Performance

Shares of PAG traded up $3.25 during mid-day trading on Thursday, reaching $164.16. The company's stock had a trading volume of 33,564 shares, compared to its average volume of 195,873. Penske Automotive Group has a 1-year low of $134.05 and a 1-year high of $180.12. The stock has a market cap of $10.86 billion, a P/E ratio of 11.95 and a beta of 0.90. The business has a 50-day simple moving average of $154.05 and a two-hundred day simple moving average of $159.05. 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 (NYSE:PAG - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The company reported $3.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.27 by $0.12. Penske Automotive Group had a return on equity of 18.05% and a net margin of 3.02%. The company had revenue of $7.60 billion during the quarter, compared to analysts' expectations of $7.68 billion. During the same period last year, the firm posted $3.21 earnings per share. The business's revenue was up 2.1% on a year-over-year basis.

Hedge Funds Weigh In On Penske Automotive Group

Hedge funds have recently made changes to their positions in the stock. Wealthspire Advisors LLC increased its holdings in shares of Penske Automotive Group by 2.4% during the fourth quarter. Wealthspire Advisors LLC now owns 2,738 shares of the company's stock valued at $417,000 after acquiring an additional 63 shares in the last quarter. Martingale Asset Management L P grew its holdings in Penske Automotive Group by 3.7% during the first quarter. Martingale Asset Management L P now owns 1,750 shares of the company's stock worth $252,000 after buying an additional 63 shares in the last quarter. EP Wealth Advisors LLC grew its holdings in Penske Automotive Group by 2.9% during the first quarter. EP Wealth Advisors LLC now owns 2,478 shares of the company's stock worth $357,000 after buying an additional 70 shares in the last quarter. Blue Chip Partners LLC grew its holdings in Penske Automotive Group by 0.7% during the fourth quarter. Blue Chip Partners LLC now owns 10,606 shares of the company's stock worth $1,617,000 after buying an additional 73 shares in the last quarter. Finally, State of Michigan Retirement System grew its holdings in Penske Automotive Group by 2.3% during the first quarter. State of Michigan Retirement System now owns 4,500 shares of the company's stock worth $648,000 after buying an additional 100 shares in the last quarter. 77.08% of the stock is currently owned by institutional investors.

Insider Transactions at Penske Automotive Group

In other news, Director John Barr sold 1,529 shares of the firm's stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $155.45, for a total transaction of $237,683.05. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 52.40% of the stock is owned by corporate insiders.

Penske Automotive Group announced that its Board of Directors has initiated a stock buyback program on Wednesday, May 14th that authorizes the company to buyback $250.00 million in shares. This buyback authorization authorizes the company to reacquire up to 2.3% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's management believes its stock is undervalued.

Penske Automotive Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 3rd. Stockholders of record on Tuesday, May 27th will be paid a dividend of $1.26 per share. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.07%. This is a positive change from Penske Automotive Group's previous quarterly dividend of $1.22. The ex-dividend date is Tuesday, May 27th. Penske Automotive Group's dividend payout ratio (DPR) is presently 35.49%.

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.