Seaport Res Ptn Has Negative Outlook of PAG Q4 Earnings

Penske Automotive Group, Inc. (NYSE:PAG) – Equities research analysts at Seaport Res Ptn decreased their Q4 2025 earnings per share (EPS) estimates for Penske Automotive Group in a research report issued to clients and investors on Monday, August 11th. Seaport Res Ptn analyst G. Chin now forecasts that the company will post earnings per share of $3.39 for the quarter, down from their previous forecast of $3.42. The consensus estimate for Penske Automotive Group’s current full-year earnings is $13.86 per share.

A number of other research firms also recently commented on PAG. Morgan Stanley reiterated an “overweight” rating and issued a $190.00 price target (up from $180.00) on shares of Penske Automotive Group in a research note on Thursday. Bank of America lifted their price target on Penske Automotive Group from $190.00 to $205.00 and gave the stock a “buy” rating in a research note on Monday, June 16th. Stephens reiterated an “equal weight” rating and issued a $140.00 price target on shares of Penske Automotive Group in a research note on Wednesday, June 11th. JPMorgan Chase & Co. raised shares of Penske Automotive Group from an “underweight” rating to a “neutral” rating and raised their target price for the stock from $155.00 to $175.00 in a report on Tuesday, August 5th. Finally, Wall Street Zen raised shares of Penske Automotive Group from a “hold” rating to a “buy” rating in a report on Wednesday, April 23rd. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $181.00.

Penske Automotive Group Stock Down 1.5%

NYSE:PAG opened at $180.34 on Thursday. The company has a market capitalization of $11.91 billion, a price-to-earnings ratio of 12.55 and a beta of 0.87. Penske Automotive Group has a one year low of $134.05 and a one year high of $186.55. The stock has a 50-day simple moving average of $174.36 and a 200 day simple moving average of $164.25. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.21 and a current ratio of 0.90.

Penske Automotive Group (NYSE:PAG) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $3.78 EPS for the quarter, topping analysts’ consensus estimates of $3.56 by $0.22. The business had revenue of $7.66 billion during the quarter, compared to the consensus estimate of $7.98 billion. Penske Automotive Group had a return on equity of 17.43% and a net margin of 3.13%. The company’s revenue for the quarter was down .4% compared to the same quarter last year. During the same period last year, the firm earned $3.61 earnings per share.

Penske Automotive Group declared that its board has approved a share buyback plan on Wednesday, May 14th that authorizes the company to buyback $250.00 million in outstanding shares. This buyback authorization authorizes the company to buy up to 2.3% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Penske Automotive Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 3rd. Shareholders of record on Friday, August 15th will be issued a $1.32 dividend. This is an increase from Penske Automotive Group’s previous quarterly dividend of $1.26. This represents a $5.28 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Friday, August 15th. Penske Automotive Group’s dividend payout ratio is 35.07%.

Insiders Place Their Bets

In other news, EVP Shane M. Spradlin sold 3,158 shares of Penske Automotive Group stock in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of $167.10, for a total transaction of $527,701.80. Following the sale, the executive vice president 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 filing with the SEC, which is accessible through the SEC website. Also, Director Greg C. Smith sold 1,529 shares of Penske Automotive Group stock in a transaction that occurred on Tuesday, June 3rd. The shares were 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. Insiders have sold 82,044 shares of company stock valued at $13,257,948 over the last quarter. Insiders own 51.70% of the company’s stock.

Institutional Investors Weigh In On Penske Automotive Group

A number of hedge funds have recently made changes to their positions in PAG. LPL Financial LLC raised its holdings in shares of Penske Automotive Group by 48.0% during the fourth quarter. LPL Financial LLC now owns 9,638 shares of the company’s stock valued at $1,469,000 after buying an additional 3,124 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Penske Automotive Group by 15.2% during the fourth quarter. Envestnet Asset Management Inc. now owns 4,898 shares of the company’s stock valued at $747,000 after buying an additional 645 shares during the last quarter. Russell Investments Group Ltd. increased its stake in shares of Penske Automotive Group by 10.7% during the fourth quarter. Russell Investments Group Ltd. now owns 4,480 shares of the company’s stock valued at $683,000 after acquiring an additional 432 shares during the period. Bank of Montreal Can increased its stake in shares of Penske Automotive Group by 6.4% during the fourth quarter. Bank of Montreal Can now owns 2,651 shares of the company’s stock valued at $404,000 after acquiring an additional 160 shares during the period. Finally, Renaissance Technologies LLC increased its stake in shares of Penske Automotive Group by 97.8% during the fourth quarter. Renaissance Technologies LLC now owns 45,500 shares of the company’s stock valued at $6,936,000 after acquiring an additional 22,500 shares during the period. Institutional investors 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.