Research Analysts Offer Predictions for PAG FY2025 Earnings

Penske Automotive Group, Inc. (NYSE:PAG) – Seaport Res Ptn lowered their FY2025 earnings per share (EPS) estimates for Penske Automotive Group in a research report issued on Monday, November 10th. Seaport Res Ptn analyst G. Chin now anticipates that the company will post earnings of $13.51 per share for the year, down from their previous forecast of $13.90. 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 Q4 2025 earnings at $3.11 EPS.

PAG has been the topic of several other reports. JPMorgan Chase & Co. decreased their target price on shares of Penske Automotive Group from $180.00 to $175.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 5th. Morgan Stanley boosted their target price on shares of Penske Automotive Group from $180.00 to $190.00 and gave the company an “overweight” rating in a report on Thursday, August 14th. Benchmark increased their price target on shares of Penske Automotive Group from $185.00 to $190.00 and gave the stock a “buy” rating in a research note on Wednesday, September 17th. Citigroup lifted their price target on shares of Penske Automotive Group from $200.00 to $206.00 and gave the company a “buy” rating in a research report on Thursday, September 25th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Penske Automotive Group in a report on Friday, October 31st. Five 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 an average rating of “Moderate Buy” and a consensus target price of $184.33.

Penske Automotive Group Stock Up 0.1%

Shares of NYSE PAG opened at $158.84 on Tuesday. The stock has a market capitalization of $10.46 billion, a P/E ratio of 11.18 and a beta of 0.90. Penske Automotive Group has a one year low of $134.05 and a one year high of $189.51. The firm’s 50 day simple moving average is $171.65 and its two-hundred day simple moving average is $171.39. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.97 and a quick ratio of 0.21.

Penske Automotive Group (NYSE:PAG) last announced its quarterly earnings data on Wednesday, October 29th. The company reported $3.23 earnings per share for the quarter, missing analysts’ consensus estimates of $3.48 by ($0.25). The firm had revenue of $7.70 billion for the quarter, compared to analysts’ expectations of $7.71 billion. Penske Automotive Group had a net margin of 3.08% and a return on equity of 16.84%. The business’s quarterly revenue was up 1.4% on a year-over-year basis. During the same period in the prior year, the business posted $3.39 earnings per share.

Hedge Funds Weigh In On Penske Automotive Group

Hedge funds have recently made changes to their positions in the business. Norges Bank purchased a new stake in Penske Automotive Group in the 2nd quarter worth $32,425,000. AQR Capital Management LLC increased its holdings 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 worth $116,953,000 after buying an additional 118,976 shares during the last quarter. Goldman Sachs Group Inc. grew its position in Penske Automotive Group by 28.4% in the first quarter. Goldman Sachs Group Inc. now owns 380,267 shares of the company’s stock worth $54,751,000 after acquiring an additional 84,045 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in Penske Automotive Group by 4,364.2% during the second 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 during the period. Finally, Nuveen LLC purchased a new position in shares of Penske Automotive Group in the 1st quarter worth approximately $10,004,000. Institutional investors own 77.08% of the company’s stock.

Insiders Place Their Bets

In other Penske Automotive Group news, Director Lisa Ann Davis sold 1,604 shares of the firm’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 transaction, the director directly owned 1,529 shares of the company’s stock, valued at approximately $276,351.46. This trade represents a 51.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Michelle Hulgrave sold 1,100 shares of the firm’s stock in a transaction that occurred on 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 transaction, the chief financial officer directly 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 SEC filing for this sale provides additional information. 51.70% of the stock is currently owned by corporate insiders.

Penske Automotive Group Increases Dividend

The company also recently declared 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 annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend is Friday, November 14th. This is a positive change from Penske Automotive Group’s previous quarterly dividend of $1.32. Penske Automotive Group’s payout ratio is currently 38.85%.

About Penske Automotive Group

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.