Q1 Earnings Estimate for PAG Issued By Seaport Res Ptn

Penske Automotive Group, Inc. (NYSE:PAG) – Seaport Res Ptn issued their Q1 2025 EPS estimates for Penske Automotive Group in a research report issued to clients and investors on Sunday, March 9th. Seaport Res Ptn analyst G. Chin anticipates that the company will earn $3.17 per share for the quarter. 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 Q2 2025 earnings at $3.51 EPS, Q3 2025 earnings at $3.47 EPS, Q4 2025 earnings at $3.45 EPS, FY2025 earnings at $13.60 EPS and FY2026 earnings at $13.98 EPS.

Penske Automotive Group (NYSE:PAG) last issued its earnings results on Thursday, February 13th. The company reported $3.54 earnings per share for the quarter, topping the consensus estimate of $3.37 by $0.17. The company had revenue of $7.72 billion for the quarter, compared to analyst estimates of $7.56 billion. Penske Automotive Group had a net margin of 3.02% and a return on equity of 18.05%.

Several other research firms have also commented on PAG. StockNews.com upgraded shares of Penske Automotive Group from a “hold” rating to a “buy” rating in a research report on Monday, February 24th. Benchmark assumed coverage on shares of Penske Automotive Group in a research report on Thursday, December 12th. They issued a “buy” rating on the stock. Stephens reiterated an “equal weight” rating and issued a $165.00 price target on shares of Penske Automotive Group in a research report on Tuesday, February 18th. Finally, JPMorgan Chase & Co. increased their price target on shares of Penske Automotive Group from $160.00 to $165.00 and gave the company an “underweight” rating in a research report on Wednesday, February 19th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $172.50.

Penske Automotive Group Stock Down 4.2 %

PAG stock opened at $160.33 on Tuesday. The company’s 50 day simple moving average is $163.05 and its 200-day simple moving average is $160.74. The firm has a market capitalization of $10.70 billion, a PE ratio of 11.66 and a beta of 1.24. Penske Automotive Group has a 12 month low of $142.32 and a 12 month high of $180.12. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.91 and a quick ratio of 0.20.

Penske Automotive Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Monday, February 24th were given a dividend of $1.22 per share. The ex-dividend date was Monday, February 24th. This represents a $4.88 dividend on an annualized basis and a yield of 3.04%. This is a positive change from Penske Automotive Group’s previous quarterly dividend of $1.19. Penske Automotive Group’s dividend payout ratio (DPR) is 35.49%.

Insider Buying and Selling

In related news, EVP Claude H. Denker III sold 8,746 shares of the firm’s stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $173.03, for a total transaction of $1,513,320.38. Following the sale, the executive vice president now owns 28,917 shares in the company, valued at approximately $5,003,508.51. This trade represents a 23.22 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 51.70% of the stock is owned by company insiders.

Hedge Funds Weigh In On Penske Automotive Group

A number of hedge funds have recently made changes to their positions in PAG. Norges Bank acquired a new position in shares of Penske Automotive Group in the 4th quarter valued at $22,049,000. Moran Wealth Management LLC acquired a new position in shares of Penske Automotive Group in the 4th quarter valued at $14,157,000. Bank of New York Mellon Corp boosted its holdings in shares of Penske Automotive Group by 24.4% in the 4th quarter. Bank of New York Mellon Corp now owns 263,571 shares of the company’s stock valued at $40,179,000 after purchasing an additional 51,720 shares during the last quarter. Millennium Management LLC boosted its holdings in shares of Penske Automotive Group by 43.9% in the 4th quarter. Millennium Management LLC now owns 128,283 shares of the company’s stock valued at $19,555,000 after purchasing an additional 39,113 shares during the last quarter. Finally, American Century Companies Inc. boosted its holdings in shares of Penske Automotive Group by 17.4% in the 4th quarter. American Century Companies Inc. now owns 259,513 shares of the company’s stock valued at $39,560,000 after purchasing an additional 38,388 shares during the last quarter. Institutional investors and hedge funds own 77.08% of the company’s stock.

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.