Zacks Research Issues Negative Estimate for PAG Earnings

Penske Automotive Group, Inc. (NYSE:PAG) – Analysts at Zacks Research decreased their Q2 2026 earnings estimates for shares of Penske Automotive Group in a report issued on Wednesday, May 13th. Zacks Research analyst Team now expects that the company will post earnings per share of $3.38 for the quarter, down from their previous estimate of $3.52. The consensus estimate for Penske Automotive Group’s current full-year earnings is $13.44 per share. Zacks Research also issued estimates for Penske Automotive Group’s Q3 2026 earnings at $3.47 EPS, Q1 2027 earnings at $3.53 EPS, Q2 2027 earnings at $3.50 EPS, Q3 2027 earnings at $3.68 EPS and FY2027 earnings at $14.44 EPS.

Penske Automotive Group (NYSE:PAG) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $3.05 earnings per share for the quarter, beating the consensus estimate of $2.91 by $0.14. Penske Automotive Group had a net margin of 2.85% and a return on equity of 15.13%. The company had revenue of $7.86 billion during the quarter, compared to analyst estimates of $7.71 billion. During the same quarter last year, the firm posted $3.66 EPS. The business’s revenue for the quarter was down 1.1% on a year-over-year basis.

Several other brokerages have also recently commented on PAG. JPMorgan Chase & Co. raised their target price on shares of Penske Automotive Group from $165.00 to $170.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Morgan Stanley reiterated an “overweight” rating and issued a $190.00 target price on shares of Penske Automotive Group in a report on Thursday, May 7th. Citigroup raised their target price on shares of Penske Automotive Group from $193.00 to $199.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Weiss Ratings cut shares of Penske Automotive Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, March 16th. Finally, Barclays decreased their target price on shares of Penske Automotive Group from $195.00 to $190.00 and set an “overweight” rating for the company in a report on Tuesday, April 7th. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $184.86.

Penske Automotive Group Stock Performance

NYSE:PAG opened at $169.28 on Friday. Penske Automotive Group has a twelve month low of $140.12 and a twelve month high of $189.51. The company has a current ratio of 0.96, a quick ratio of 0.22 and a debt-to-equity ratio of 0.39. The company has a 50-day moving average of $156.11 and a 200-day moving average of $160.36. The firm has a market cap of $11.13 billion, a price-to-earnings ratio of 12.63, a price-to-earnings-growth ratio of 2.16 and a beta of 0.90.

Institutional Trading of Penske Automotive Group

Several institutional investors have recently made changes to their positions in the stock. Renaissance Technologies LLC boosted its holdings in shares of Penske Automotive Group by 15.6% during the first quarter. Renaissance Technologies LLC now owns 81,500 shares of the company’s stock worth $12,186,000 after purchasing an additional 11,000 shares during the period. Capula Management Ltd acquired a new stake in shares of Penske Automotive Group during the first quarter worth approximately $481,000. Sei Investments Co. boosted its holdings in shares of Penske Automotive Group by 15.3% during the first quarter. Sei Investments Co. now owns 25,600 shares of the company’s stock worth $3,830,000 after purchasing an additional 3,397 shares during the period. First Trust Advisors LP boosted its holdings in shares of Penske Automotive Group by 24.7% during the first quarter. First Trust Advisors LP now owns 81,838 shares of the company’s stock worth $12,236,000 after purchasing an additional 16,201 shares during the period. Finally, Basepoint Wealth LLC acquired a new stake in shares of Penske Automotive Group during the first quarter worth approximately $464,000. 77.08% of the stock is currently owned by institutional investors and hedge funds.

Penske Automotive Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 3rd. Investors of record on Tuesday, May 26th will be issued a dividend of $1.42 per share. This is an increase from Penske Automotive Group’s previous quarterly dividend of $1.40. This represents a $5.68 annualized dividend and a dividend yield of 3.4%. The ex-dividend date is Tuesday, May 26th. Penske Automotive Group’s dividend payout ratio is 41.79%.

About Penske Automotive Group

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.