Wealth Enhancement Advisory Services LLC Grows Holdings in Aaron’s Holdings Company, Inc. $PRG

Wealth Enhancement Advisory Services LLC increased its position in Aaron’s Holdings Company, Inc. (NYSE:PRG) by 9.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,821 shares of the company’s stock after acquiring an additional 2,199 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 0.06% of Aaron’s worth $788,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Gallacher Capital Management LLC purchased a new stake in Aaron’s in the 2nd quarter worth approximately $243,000. Strs Ohio purchased a new stake in Aaron’s in the 1st quarter worth approximately $577,000. Intech Investment Management LLC increased its holdings in Aaron’s by 7.8% in the 1st quarter. Intech Investment Management LLC now owns 185,079 shares of the company’s stock worth $4,923,000 after acquiring an additional 13,354 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Aaron’s by 6.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 131,423 shares of the company’s stock worth $3,496,000 after acquiring an additional 7,542 shares in the last quarter. Finally, Optimize Financial Inc increased its holdings in Aaron’s by 87.7% in the 1st quarter. Optimize Financial Inc now owns 14,013 shares of the company’s stock worth $373,000 after acquiring an additional 6,548 shares in the last quarter. 97.92% of the stock is owned by hedge funds and other institutional investors.

Aaron’s Stock Down 1.4%

NYSE PRG opened at $31.61 on Friday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 2.82 and a current ratio of 5.71. The company has a market capitalization of $1.25 billion, a P/E ratio of 6.25 and a beta of 1.79. Aaron’s Holdings Company, Inc. has a one year low of $23.50 and a one year high of $50.12. The stock has a 50 day moving average price of $33.80 and a 200-day moving average price of $30.03.

Aaron’s (NYSE:PRG) last posted its earnings results on Wednesday, July 23rd. The company reported $1.02 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.23. The firm had revenue of $604.66 million during the quarter, compared to the consensus estimate of $586.25 million. Aaron’s had a return on equity of 22.54% and a net margin of 8.53%.The company’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same period in the prior year, the company 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. As a group, equities analysts predict that Aaron’s Holdings Company, Inc. will post 3.45 EPS for the current fiscal year.

Aaron’s Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Tuesday, August 19th were given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Tuesday, August 19th. Aaron’s’s dividend payout ratio is currently 10.28%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. BTIG Research lowered shares of Aaron’s from a “neutral” rating to a “sell” rating and set a $24.00 target price for the company. in a report on Monday, July 14th. Wall Street Zen upgraded Aaron’s from a “hold” rating to a “buy” rating in a research note on Saturday, September 6th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Aaron’s has an average rating of “Moderate Buy” and a consensus target price of $41.00.

Aaron’s Company 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.