Moran Wealth Management LLC Lowers Position in Aaron’s Holdings Company, Inc. $PRG

Moran Wealth Management LLC reduced its position in shares of Aaron’s Holdings Company, Inc. (NYSE:PRG) by 11.0% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 63,172 shares of the company’s stock after selling 7,821 shares during the period. Moran Wealth Management LLC owned approximately 0.16% of Aaron’s worth $1,854,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Yousif Capital Management LLC raised its holdings in Aaron’s by 2.3% during the second quarter. Yousif Capital Management LLC now owns 17,674 shares of the company’s stock worth $519,000 after purchasing an additional 390 shares during the last quarter. PNC Financial Services Group Inc. increased its position in shares of Aaron’s by 13.8% in the first quarter. PNC Financial Services Group Inc. now owns 3,411 shares of the company’s stock valued at $91,000 after buying an additional 413 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of Aaron’s by 66.2% during the 2nd quarter. GAMMA Investing LLC now owns 1,122 shares of the company’s stock worth $33,000 after buying an additional 447 shares during the last quarter. Diversified Trust Co raised its stake in shares of Aaron’s by 7.2% during the 1st quarter. Diversified Trust Co now owns 8,647 shares of the company’s stock worth $230,000 after buying an additional 583 shares during the last quarter. Finally, Legato Capital Management LLC boosted its position in shares of Aaron’s by 2.7% in the 1st quarter. Legato Capital Management LLC now owns 26,227 shares of the company’s stock worth $698,000 after buying an additional 693 shares in the last quarter. Hedge funds and other institutional investors own 97.92% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on PRG shares. Wall Street Zen downgraded shares of Aaron’s from a “buy” rating to a “hold” rating in a report on Saturday, October 11th. BTIG Research reissued a “sell” rating and set a $27.00 price objective on shares of Aaron’s in a research note on Friday, October 10th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Aaron’s in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Aaron’s presently has an average rating of “Moderate Buy” and a consensus target price of $41.50.

Aaron’s Price Performance

Aaron’s stock opened at $31.67 on Thursday. The firm’s 50-day moving average is $33.67 and its two-hundred day moving average is $30.28. The company has a debt-to-equity ratio of 0.89, a current ratio of 5.71 and a quick ratio of 2.82. The stock has a market capitalization of $1.25 billion, a P/E ratio of 6.26 and a beta of 1.79. Aaron’s Holdings Company, Inc. has a 12-month low of $23.50 and a 12-month high of $50.12.

Aaron’s (NYSE:PRG) last announced its quarterly earnings data on Wednesday, July 23rd. The company reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.23. Aaron’s had a net margin of 8.53% and a return on equity of 22.54%. The business had revenue of $604.66 million for the quarter, compared to the consensus estimate of $586.25 million. During the same quarter in the prior year, the firm posted $0.92 earnings per share. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. Aaron’s has set its Q3 2025 guidance at 0.700-0.750 EPS. FY 2025 guidance at 3.200-3.350 EPS. Equities analysts predict that Aaron’s Holdings Company, Inc. will post 3.45 earnings per share for the current year.

Aaron’s Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Tuesday, August 19th were issued a $0.13 dividend. The ex-dividend date was Tuesday, August 19th. This represents a $0.52 annualized dividend and a yield of 1.6%. Aaron’s’s payout ratio is 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.