Q3 EPS Forecast for Penske Automotive Group Cut by Analyst

Penske Automotive Group, Inc. (NYSE:PAG) – Equities research analysts at Zacks Research lowered their Q3 2026 earnings per share estimates for shares of Penske Automotive Group in a report released on Monday, March 16th. Zacks Research analyst Team now forecasts that the company will earn $3.53 per share for the quarter, down from their previous estimate of $3.62. The consensus estimate for Penske Automotive Group’s current full-year earnings is $13.86 per share. Zacks Research also issued estimates for Penske Automotive Group’s FY2026 earnings at $13.81 EPS and Q1 2027 earnings at $3.84 EPS.

Penske Automotive Group (NYSE:PAG) last posted its earnings results on Wednesday, February 11th. The company reported $2.91 earnings per share for the quarter, missing the consensus estimate of $3.19 by ($0.28). Penske Automotive Group had a net margin of 2.91% and a return on equity of 15.77%. The firm had revenue of $7.77 billion for the quarter, compared to analysts’ expectations of $7.62 billion. During the same period last year, the firm earned $3.54 earnings per share. Penske Automotive Group’s revenue for the quarter was down 3.8% compared to the same quarter last year.

Other research analysts have also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Penske Automotive Group in a report on Monday, December 8th. Bank of America assumed coverage on Penske Automotive Group in a research report on Tuesday, December 9th. They set a “buy” rating and a $195.00 target price on the stock. Weiss Ratings lowered Penske Automotive Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday. Finally, Barclays upped their price target on Penske Automotive Group from $190.00 to $195.00 and gave the stock an “overweight” rating in a report on Tuesday, February 17th. Six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $184.43.

Penske Automotive Group Stock Performance

Shares of NYSE PAG opened at $143.13 on Wednesday. The company has a market capitalization of $9.41 billion, a PE ratio of 10.60, a price-to-earnings-growth ratio of 1.51 and a beta of 0.90. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.22 and a current ratio of 0.99. The company’s fifty day moving average price is $160.66 and its 200 day moving average price is $165.28. Penske Automotive Group has a 1 year low of $134.05 and a 1 year high of $189.51.

Penske Automotive Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 5th. Shareholders of record on Wednesday, February 25th were given a dividend of $1.40 per share. This is a boost from Penske Automotive Group’s previous quarterly dividend of $1.38. This represents a $5.60 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date was Wednesday, February 25th. Penske Automotive Group’s dividend payout ratio (DPR) is currently 41.48%.

Hedge Funds Weigh In On Penske Automotive Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Navalign LLC purchased a new stake in shares of Penske Automotive Group during the fourth quarter worth about $26,000. International Assets Investment Management LLC purchased a new position in Penske Automotive Group in the 4th quarter valued at about $30,000. Rothschild Investment LLC boosted its holdings in Penske Automotive Group by 935.3% in the 3rd quarter. Rothschild Investment LLC now owns 176 shares of the company’s stock worth $31,000 after buying an additional 159 shares during the last quarter. Root Financial Partners LLC acquired a new stake in Penske Automotive Group in the 3rd quarter worth about $33,000. Finally, Acadian Asset Management LLC purchased a new stake in Penske Automotive Group during the 1st quarter worth approximately $42,000. 77.08% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Penske Automotive Group

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

• Positive Sentiment: Zacks raised several estimates that could be viewed as tailwinds — notably Q1 2027 EPS to $3.84 (from $3.75), Q1 2026 EPS to $3.22 (from $3.14) and FY2028 to $15.84 (from $15.77). These upgrades suggest some recovery in later periods. Zacks estimate changes (MarketBeat)
• Neutral Sentiment: Zacks left the consensus for current full‑year EPS largely intact around $13.86, indicating their revisions offset each other at the aggregate level for the near term. Zacks estimate changes (MarketBeat)
• Negative Sentiment: Several near‑term and medium‑term estimates were cut: Q2 2026 EPS to $3.52 (from $3.66), Q3 2026 to $3.53 (from $3.62), FY2026 to $13.81 (from $13.92), and multiple 2027 quarter estimates (Q2–Q4 2027) modestly trimmed. These downgrades point to softer near‑term profitability and are likely weighing on the stock. Zacks estimate changes (MarketBeat)

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.