Ritholtz Wealth Management Decreases Holdings in Aaron’s Holdings Company, Inc. $PRG

Ritholtz Wealth Management trimmed its position in shares of Aaron’s Holdings Company, Inc. (NYSE:PRG) by 21.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,332 shares of the company’s stock after selling 4,104 shares during the quarter. Ritholtz Wealth Management’s holdings in Aaron’s were worth $450,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of PRG. Ameritas Advisory Services LLC purchased a new stake in Aaron’s during the second quarter valued at $27,000. Caitong International Asset Management Co. Ltd increased its position in shares of Aaron’s by 785.6% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 1,045 shares of the company’s stock valued at $28,000 after purchasing an additional 927 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of Aaron’s by 66.2% in the 2nd quarter. GAMMA Investing LLC now owns 1,122 shares of the company’s stock worth $33,000 after purchasing an additional 447 shares during the period. CWM LLC lifted its stake in shares of Aaron’s by 225.4% in the 2nd quarter. CWM LLC now owns 2,841 shares of the company’s stock worth $83,000 after purchasing an additional 1,968 shares during the period. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of Aaron’s by 13.8% in the first quarter. PNC Financial Services Group Inc. now owns 3,411 shares of the company’s stock worth $91,000 after buying an additional 413 shares during the last quarter. Institutional investors own 97.92% of the company’s stock.

Aaron’s Stock Up 0.6%

Shares of PRG stock opened at $31.37 on Monday. The company has a debt-to-equity ratio of 0.89, a current ratio of 5.71 and a quick ratio of 2.82. Aaron’s Holdings Company, Inc. has a one year low of $23.50 and a one year high of $49.90. The company’s fifty day moving average price is $33.67 and its 200-day moving average price is $30.38. The company has a market capitalization of $1.24 billion, a price-to-earnings ratio of 6.20 and a beta of 1.79.

Aaron’s (NYSE:PRG) last issued its quarterly earnings results on Wednesday, July 23rd. The company reported $1.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.23. The business had revenue of $604.66 million during the quarter, compared to analyst estimates of $586.25 million. Aaron’s had a return on equity of 22.54% and a net margin of 8.53%.Aaron’s’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.92 EPS. Aaron’s has set its Q3 2025 guidance at 0.700-0.750 EPS. FY 2025 guidance at 3.200-3.350 EPS. Sell-side analysts expect that Aaron’s Holdings Company, Inc. will post 3.45 EPS for the current fiscal year.

Aaron’s Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Tuesday, August 19th were paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Tuesday, August 19th. Aaron’s’s dividend payout ratio (DPR) is 10.28%.

Analysts Set New Price Targets

PRG has been the subject of a number of research reports. Wall Street Zen cut shares of Aaron’s from a “buy” rating to a “hold” rating in a report on Saturday, October 11th. BTIG Research reaffirmed a “sell” rating and issued a $27.00 target price on shares of Aaron’s in a report on Friday, October 10th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Aaron’s in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $41.50.

About Aaron’s

PROG Holdings, Inc (NYSE:PRG) is a financial technology holding company based in Salt Lake City, Utah with three business segments: Progressive Leasing, which offers lease-to-own transactions primarily to credit-challenged consumers through e-commerce and point-of-sale retail partners, via online, mobile, and in-store solutions; Vive Financial, which provides consumers who may not qualify for traditional prime lending with a variety of second-look, revolving credit products through private label and branded credit cards; and Four Technologies, which provides consumers of all credit backgrounds Buy Now, Pay Later (BNPL) options through four interest-free installments via its platform, Four.