Aaron’s Holdings Company, Inc. $PRG Shares Sold by Swiss National Bank

Swiss National Bank reduced its position in shares of Aaron’s Holdings Company, Inc. (NYSE:PRG) by 3.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 80,500 shares of the company’s stock after selling 2,800 shares during the period. Swiss National Bank owned about 0.20% of Aaron’s worth $2,141,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of Aaron’s by 1.4% during the 1st quarter. Vanguard Group Inc. now owns 5,005,577 shares of the company’s stock valued at $133,148,000 after acquiring an additional 68,369 shares in the last quarter. Allianz Asset Management GmbH raised its position in shares of Aaron’s by 16.3% during the 1st quarter. Allianz Asset Management GmbH now owns 907,100 shares of the company’s stock valued at $24,129,000 after acquiring an additional 127,384 shares in the last quarter. Vulcan Value Partners LLC raised its position in shares of Aaron’s by 84.3% during the 1st quarter. Vulcan Value Partners LLC now owns 681,746 shares of the company’s stock valued at $18,134,000 after acquiring an additional 311,917 shares in the last quarter. Northern Trust Corp grew its stake in Aaron’s by 7.0% during the 4th quarter. Northern Trust Corp now owns 517,984 shares of the company’s stock worth $21,890,000 after buying an additional 33,991 shares during the last quarter. Finally, Wellington Management Group LLP grew its stake in Aaron’s by 1.8% during the 4th quarter. Wellington Management Group LLP now owns 421,769 shares of the company’s stock worth $17,824,000 after buying an additional 7,464 shares during the last quarter. 97.92% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently commented on PRG shares. BTIG Research downgraded Aaron’s from a “neutral” rating to a “sell” rating and set a $24.00 price objective for the company. in a research note on Monday, July 14th. Wall Street Zen upgraded Aaron’s from a “hold” rating to a “buy” rating in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $41.00.

Aaron’s Trading Up 6.2%

NYSE:PRG opened at $34.74 on Friday. Aaron’s Holdings Company, Inc. has a 1 year low of $23.50 and a 1 year high of $50.28. The stock has a market cap of $1.37 billion, a price-to-earnings ratio of 6.87 and a beta of 1.75. The business has a fifty day moving average of $30.75 and a 200-day moving average of $29.61. The company has a debt-to-equity ratio of 0.89, a quick ratio of 2.82 and a current ratio of 5.71.

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

Aaron’s Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Tuesday, August 19th will be paid a $0.13 dividend. The ex-dividend date of this dividend is Tuesday, August 19th. This represents a $0.52 annualized dividend and a dividend yield of 1.5%. Aaron’s’s dividend payout ratio is presently 10.28%.

Aaron’s Profile

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.