Seaport Res Ptn Issues Pessimistic Estimate for PAG Earnings

Penske Automotive Group, Inc. (NYSE:PAG) – Analysts at Seaport Res Ptn dropped their Q3 2025 earnings per share estimates for shares of Penske Automotive Group in a research note issued to investors on Tuesday, October 14th. Seaport Res Ptn analyst G. Chin now forecasts that the company will post earnings per share of $3.40 for the quarter, down from their prior estimate of $3.59. The consensus estimate for Penske Automotive Group’s current full-year earnings is $13.86 per share. Seaport Res Ptn also issued estimates for Penske Automotive Group’s FY2025 earnings at $13.90 EPS and FY2026 earnings at $13.60 EPS.

A number of other research analysts also recently commented on PAG. Benchmark upped their price objective on shares of Penske Automotive Group from $185.00 to $190.00 and gave the company a “buy” rating in a research note on Wednesday, September 17th. JPMorgan Chase & Co. upped their price objective on shares of Penske Automotive Group from $175.00 to $180.00 and gave the company a “neutral” rating in a research note on Tuesday. Citigroup upped their price objective on shares of Penske Automotive Group from $200.00 to $206.00 and gave the company a “buy” rating in a research note on Thursday, September 25th. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Penske Automotive Group in a research note on Wednesday, October 8th. Finally, Morgan Stanley upped their price objective on shares of Penske Automotive Group from $180.00 to $190.00 and gave the company an “overweight” rating in a research note on Thursday, August 14th. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $185.17.

Penske Automotive Group Trading Down 1.1%

NYSE PAG opened at $169.13 on Thursday. Penske Automotive Group has a 12 month low of $134.05 and a 12 month high of $189.51. The company has a 50-day moving average of $178.58 and a 200-day moving average of $169.30. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.90 and a quick ratio of 0.21. The company has a market cap of $11.17 billion, a P/E ratio of 11.77 and a beta of 0.88.

Penske Automotive Group (NYSE:PAG) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $3.78 EPS for the quarter, topping analysts’ consensus estimates of $3.56 by $0.22. Penske Automotive Group had a return on equity of 17.43% and a net margin of 3.13%.The firm had revenue of $7.66 billion during the quarter, compared to analysts’ expectations of $7.98 billion. During the same quarter last year, the business posted $3.61 EPS. The firm’s quarterly revenue was down .4% compared to the same quarter last year.

Hedge Funds Weigh In On Penske Automotive Group

A number of institutional investors and hedge funds have recently bought and sold shares of PAG. Norges Bank purchased a new position in Penske Automotive Group in the 2nd quarter worth approximately $32,425,000. AQR Capital Management LLC raised its position in shares of Penske Automotive Group by 21.1% in the 2nd quarter. AQR Capital Management LLC now owns 681,741 shares of the company’s stock valued at $116,953,000 after purchasing an additional 118,976 shares in the last quarter. Goldman Sachs Group Inc. raised its position in shares of Penske Automotive Group by 28.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 380,267 shares of the company’s stock valued at $54,751,000 after purchasing an additional 84,045 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of Penske Automotive Group by 4,364.2% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 84,865 shares of the company’s stock valued at $14,581,000 after purchasing an additional 82,964 shares in the last quarter. Finally, Nuveen LLC acquired a new position in shares of Penske Automotive Group in the 1st quarter valued at approximately $10,004,000. Hedge funds and other institutional investors own 77.08% of the company’s stock.

Insider Transactions at Penske Automotive Group

In other news, CFO Michelle Hulgrave sold 1,100 shares of the business’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $182.55, for a total transaction of $200,805.00. Following the completion of the sale, the chief financial officer owned 18,922 shares in the company, valued at approximately $3,454,211.10. The trade was a 5.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Lisa Ann Davis sold 1,604 shares of the business’s stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $180.74, for a total value of $289,906.96. Following the sale, the director owned 1,529 shares of the company’s stock, valued at $276,351.46. The trade was a 51.20% decrease in their position. The disclosure for this sale can be found here. 51.70% of the stock is currently owned by insiders.

Penske Automotive Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 2nd. Stockholders of record on Friday, November 14th will be issued a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Friday, November 14th. This is an increase from Penske Automotive Group’s previous quarterly dividend of $1.32. Penske Automotive Group’s dividend payout ratio (DPR) is presently 36.74%.

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.