Penske Automotive Group (PAG) to Announce Quarterly Earnings on Wednesday

Penske Automotive Group (NYSE:PAG) is expected to be posting its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect Penske Automotive Group to post earnings of $3.38 per share and revenue of $7.9846 billion for the quarter. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Wednesday, July 29, 2026 at 2:00 PM ET.

Penske Automotive Group (NYSE:PAG) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $3.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.91 by $0.14. The company had revenue of $7.86 billion during the quarter, compared to the consensus estimate of $7.71 billion. Penske Automotive Group had a net margin of 2.85% and a return on equity of 15.13%. Penske Automotive Group’s revenue for the quarter was down 1.1% on a year-over-year basis. During the same quarter last year, the company earned $3.66 earnings per share. On average, analysts expect Penske Automotive Group to post $13 EPS for the current fiscal year and $14 EPS for the next fiscal year.

Penske Automotive Group Trading Up 0.1%

PAG opened at $217.56 on Monday. The firm has a market capitalization of $14.30 billion, a P/E ratio of 16.24, a P/E/G ratio of 2.81 and a beta of 0.87. The firm’s 50 day moving average is $180.75 and its 200-day moving average is $166.93. Penske Automotive Group has a 52-week low of $140.12 and a 52-week high of $219.09. The company has a quick ratio of 0.22, a current ratio of 0.96 and a debt-to-equity ratio of 0.39.

Penske Automotive Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be paid a $1.44 dividend. This represents a $5.76 annualized dividend and a dividend yield of 2.6%. This is a boost from Penske Automotive Group’s previous quarterly dividend of $1.42. The ex-dividend date is Friday, August 14th. Penske Automotive Group’s payout ratio is currently 42.39%.

Penske Automotive Group News Summary

Here are the key news stories impacting Penske Automotive Group this week:

• Positive Sentiment: Penske Automotive confirmed receipt of a take-private bid, and the board created a special committee to review the offer, increasing speculation that a buyout could be completed at a premium. Penske Automotive Group Confirms Receipt of Take-Private Bid from Penske Corp., Mitsui
• Positive Sentiment: Penske Automotive announced its 23rd consecutive quarterly dividend increase, lifting the payout to $1.44 per share, which signals financial strength and supports shareholder returns. PENSKE AUTOMOTIVE GROUP ANNOUNCES 23RD QUARTERLY DIVIDEND INCREASE

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. raised their price target on shares of Penske Automotive Group from $165.00 to $170.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. UBS Group set a $190.00 price objective on shares of Penske Automotive Group in a report on Friday, July 10th. Citigroup cut shares of Penske Automotive Group from a “buy” rating to a “neutral” rating and upped their price objective for the company from $199.00 to $210.00 in a research report on Thursday. Stephens raised their target price on Penske Automotive Group from $155.00 to $160.00 and gave the company an “equal weight” rating in a research note on Monday, May 4th. Finally, Weiss Ratings upgraded Penske Automotive Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, July 10th. Five analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $196.00.

Insider Activity at Penske Automotive Group

In other news, Director Greg C. Smith sold 1,488 shares of the stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $160.02, for a total transaction of $238,109.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Michelle Hulgrave sold 1,500 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $171.80, for a total transaction of $257,700.00. Following the sale, the chief financial officer directly owned 17,596 shares of the company’s stock, valued at $3,022,992.80. The trade was a 7.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 52.90% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Victory Capital Management Inc. increased its position in shares of Penske Automotive Group by 6.7% in the 4th quarter. Victory Capital Management Inc. now owns 1,484,075 shares of the company’s stock worth $234,914,000 after purchasing an additional 92,794 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Penske Automotive Group by 13.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,293,467 shares of the company’s stock worth $204,761,000 after purchasing an additional 156,308 shares during the last quarter. Bank of Montreal Can lifted its position in shares of Penske Automotive Group by 39,232.7% during the fourth quarter. Bank of Montreal Can now owns 863,352 shares of the company’s stock worth $136,660,000 after purchasing an additional 861,157 shares during the last quarter. AQR Capital Management LLC grew its stake in Penske Automotive Group by 6.6% in the third quarter. AQR Capital Management LLC now owns 726,490 shares of the company’s stock worth $125,043,000 after purchasing an additional 44,749 shares in the last quarter. Finally, State Street Corp grew its stake in Penske Automotive Group by 3.3% in the fourth quarter. State Street Corp now owns 632,879 shares of the company’s stock worth $100,178,000 after purchasing an additional 20,267 shares in the last quarter. 77.08% of the stock is owned by institutional investors and hedge funds.

Penske Automotive Group Company Profile

Penske Automotive Group, Inc (NYSE: PAG), headquartered in Bloomfield Township, Michigan, is an international transportation services company primarily focused on automotive and commercial truck dealerships. The company retails new and pre-owned vehicles across a broad spectrum of brands, while offering parts, maintenance, collision repair and reconditioning services. In addition, Penske provides financing and insurance products through its integrated finance and insurance operations, supporting both retail customers and commercial clients.

Formed in 1990 as United Auto Group and publicly traded since 1999, Penske Automotive Group has grown through organic expansion and strategic acquisitions to establish a network of dealerships and service centers across the United States and Europe.