Zacks Research Has Negative Outlook for PAG FY2025 Earnings

Penske Automotive Group, Inc. (NYSE:PAG) – Stock analysts at Zacks Research lowered their FY2025 earnings per share (EPS) estimates for Penske Automotive Group in a research note issued to investors on Wednesday, November 12th. Zacks Research analyst Team now anticipates that the company will post earnings of $13.81 per share for the year, down from their prior estimate of $14.00. 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 Q4 2025 earnings at $3.14 EPS, Q1 2026 earnings at $3.10 EPS, Q2 2026 earnings at $3.67 EPS, Q3 2026 earnings at $3.54 EPS and Q3 2027 earnings at $3.82 EPS.

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

PAG has been the subject of a number of other reports. Weiss Ratings reissued a “buy (b)” rating on shares of Penske Automotive Group in a research note on Friday, October 31st. Morgan Stanley lifted their price target on Penske Automotive Group from $180.00 to $190.00 and gave the stock an “overweight” rating in a research report on Thursday, August 14th. Barclays assumed coverage on Penske Automotive Group in a research report on Tuesday. They issued an “overweight” rating and a $195.00 price target for the company. Citigroup raised their price objective on Penske Automotive Group from $200.00 to $206.00 and gave the company a “buy” rating in a research note on Thursday, September 25th. Finally, JPMorgan Chase & Co. dropped their target price on Penske Automotive Group from $180.00 to $175.00 and set a “neutral” rating for the company in a report on Wednesday, November 5th. Six research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Penske Automotive Group presently has a consensus rating of “Moderate Buy” and an average price target of $185.86.

Penske Automotive Group Trading Down 0.6%

PAG stock opened at $159.76 on Friday. The firm has a fifty day moving average price of $170.13 and a 200 day moving average price of $171.24. Penske Automotive Group has a fifty-two week low of $134.05 and a fifty-two week high of $189.51. The firm has a market cap of $10.52 billion, a PE ratio of 11.24 and a beta of 0.90. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.21 and a current ratio of 0.97.

Penske Automotive Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 2nd. Investors of record on Friday, November 14th will be paid a dividend of $1.38 per share. The ex-dividend date of this dividend is Friday, November 14th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 3.5%. This is an increase from Penske Automotive Group’s previous quarterly dividend of $1.32. Penske Automotive Group’s dividend payout ratio is 38.85%.

Insider Buying and Selling at Penske Automotive Group

In other Penske Automotive Group news, CFO Michelle Hulgrave sold 1,100 shares of the stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $182.55, for a total value of $200,805.00. Following the sale, the chief financial officer owned 18,922 shares in the company, valued at $3,454,211.10. This trade represents a 5.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Lisa Ann Davis sold 1,604 shares of Penske Automotive Group stock in a transaction on Monday, August 18th. The stock was sold at an average price of $180.74, for a total value of $289,906.96. Following the sale, the director 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 SEC filing for this sale provides additional information. Corporate insiders own 52.40% of the company’s stock.

Hedge Funds Weigh In On Penske Automotive Group

Institutional investors have recently modified their holdings of the stock. Victory Capital Management Inc. boosted its holdings in shares of Penske Automotive Group by 48.9% in the third quarter. Victory Capital Management Inc. now owns 1,391,281 shares of the company’s stock valued at $241,958,000 after purchasing an additional 456,611 shares during the period. Norges Bank bought a new stake in Penske Automotive Group during the 2nd quarter valued at $32,425,000. AQR Capital Management LLC lifted 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 period. Goldman Sachs Group Inc. grew its position in shares of Penske Automotive Group by 28.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 380,267 shares of the company’s stock worth $54,751,000 after buying an additional 84,045 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its stake in shares of 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 buying an additional 82,964 shares during the period. 77.08% of the stock is owned by hedge funds and other institutional investors.

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.