Zacks Research Issues Optimistic Forecast for PAG Earnings

Penske Automotive Group, Inc. (NYSE:PAG) – Investment analysts at Zacks Research increased their Q2 2025 EPS estimates for shares of Penske Automotive Group in a research note issued on Monday, May 19th. Zacks Research analyst L. Sahu now expects that the company will post earnings of $3.57 per share for the quarter, up from their prior forecast of $3.53. 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 FY2025 earnings at $13.73 EPS, Q2 2026 earnings at $3.80 EPS, Q1 2027 earnings at $3.46 EPS and FY2027 earnings at $15.12 EPS.

Other analysts have also recently issued research reports about the stock. Citigroup boosted their price target on shares of Penske Automotive Group from $185.00 to $195.00 and gave the stock a “buy” rating in a research note on Monday. Stephens reiterated an “equal weight” rating and issued a $140.00 price target on shares of Penske Automotive Group in a research note on Monday, May 5th. StockNews.com upgraded shares of Penske Automotive Group from a “hold” rating to a “buy” rating in a research note on Wednesday, April 23rd. Finally, JPMorgan Chase & Co. decreased their price target on shares of Penske Automotive Group from $165.00 to $140.00 and set an “underweight” rating on the stock in a research note on Thursday, March 27th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, Penske Automotive Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $167.00.

Penske Automotive Group Stock Down 2.3%

Shares of PAG stock opened at $162.27 on Wednesday. The stock has a market cap of $10.74 billion, a P/E ratio of 11.80 and a beta of 0.90. Penske Automotive Group has a 52 week low of $134.05 and a 52 week high of $180.12. The company has a quick ratio of 0.20, a current ratio of 0.91 and a debt-to-equity ratio of 0.22. The company’s fifty day simple moving average is $153.29 and its two-hundred day simple moving average is $158.93.

Penske Automotive Group (NYSE:PAG) last released its earnings results on Wednesday, April 30th. The company reported $3.39 earnings per share for the quarter, beating analysts’ consensus estimates of $3.27 by $0.12. Penske Automotive Group had a net margin of 3.02% and a return on equity of 18.05%. The company had revenue of $7.60 billion for the quarter, compared to analysts’ expectations of $7.68 billion. During the same quarter in the previous year, the company earned $3.21 EPS. Penske Automotive Group’s revenue for the quarter was up 2.1% on a year-over-year basis.

Penske Automotive Group Increases Dividend

The firm also recently announced 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 is a boost from Penske Automotive Group’s previous quarterly dividend of $1.22. The ex-dividend date of this dividend is Tuesday, May 27th. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.11%. Penske Automotive Group’s dividend payout ratio is currently 35.49%.

Penske Automotive Group declared that its Board of Directors has initiated a share buyback program on Wednesday, May 14th that permits the company to repurchase $250.00 million in shares. This repurchase authorization permits the company to reacquire up to 2.3% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Insider Activity

In related news, Director John Barr sold 1,529 shares of the stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $155.45, for a total value of $237,683.05. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 51.70% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Wealthspire Advisors LLC lifted its holdings in shares of Penske Automotive Group by 2.4% during the 4th quarter. Wealthspire Advisors LLC now owns 2,738 shares of the company’s stock valued at $417,000 after purchasing an additional 63 shares during the last quarter. Martingale Asset Management L P raised its stake in Penske Automotive Group by 3.7% in the 1st quarter. Martingale Asset Management L P now owns 1,750 shares of the company’s stock worth $252,000 after acquiring an additional 63 shares during the last quarter. EP Wealth Advisors LLC raised its stake in Penske Automotive Group by 2.9% in the 1st quarter. EP Wealth Advisors LLC now owns 2,478 shares of the company’s stock worth $357,000 after acquiring an additional 70 shares during the last quarter. Blue Chip Partners LLC raised its stake in Penske Automotive Group by 0.7% in the 4th quarter. Blue Chip Partners LLC now owns 10,606 shares of the company’s stock worth $1,617,000 after acquiring an additional 73 shares during the last quarter. Finally, State of Michigan Retirement System raised its stake in Penske Automotive Group by 2.3% in the 1st quarter. State of Michigan Retirement System now owns 4,500 shares of the company’s stock worth $648,000 after acquiring an additional 100 shares during the last quarter. Institutional investors own 77.08% of the company’s stock.

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.