Russell Investments Group Ltd. Sells 28,948 Shares of Aaron’s Holdings Company, Inc. $PRG

Russell Investments Group Ltd. reduced its stake in Aaron’s Holdings Company, Inc. (NYSE:PRG) by 17.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 133,683 shares of the company’s stock after selling 28,948 shares during the quarter. Russell Investments Group Ltd. owned 0.33% of Aaron’s worth $3,556,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. PNC Financial Services Group Inc. lifted its position in Aaron’s by 13.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,411 shares of the company’s stock valued at $91,000 after acquiring an additional 413 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Aaron’s in the 1st quarter valued at $215,000. Headlands Technologies LLC increased its stake in Aaron’s by 1,522.8% in the 1st quarter. Headlands Technologies LLC now owns 8,098 shares of the company’s stock valued at $215,000 after buying an additional 7,599 shares during the last quarter. Diversified Trust Co increased its stake in Aaron’s by 7.2% in the 1st quarter. Diversified Trust Co now owns 8,647 shares of the company’s stock valued at $230,000 after buying an additional 583 shares during the last quarter. Finally, Squarepoint Ops LLC acquired a new stake in Aaron’s in the 4th quarter valued at $235,000. 97.92% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Wall Street Zen upgraded shares of Aaron’s from a “hold” rating to a “buy” rating in a research note on Friday. BTIG Research lowered shares of Aaron’s from a “neutral” rating to a “sell” rating and set a $24.00 price target on the stock. in a research note on Monday, July 14th. One 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 issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $41.00.

Aaron’s Stock Up 6.2%

Aaron’s stock opened at $34.74 on Friday. The firm has a market capitalization of $1.37 billion, a PE ratio of 6.87 and a beta of 1.75. The company’s 50-day moving average is $30.75 and its 200-day moving average is $29.61. Aaron’s Holdings Company, Inc. has a fifty-two week low of $23.50 and a fifty-two week high of $50.28. 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 (NYSE:PRG) last released its quarterly earnings data on Wednesday, July 23rd. The company reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.23. The company had revenue of $604.66 million for the quarter, compared to analyst estimates of $586.25 million. Aaron’s had a net margin of 8.53% and a return on equity of 22.54%. Aaron’s’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period in the previous year, the business earned $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 anticipate that Aaron’s Holdings Company, Inc. will post 3.45 earnings per share for the current year.

Aaron’s Announces Dividend

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

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.