Q1 Earnings Estimate for PAG Issued By Seaport Res Ptn

Penske Automotive Group, Inc. (NYSE:PAG) – Stock analysts at Seaport Res Ptn issued their Q1 2025 EPS estimates for Penske Automotive Group in a research report issued on Sunday, March 9th. Seaport Res Ptn analyst G. Chin anticipates that the company will post earnings of $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 announced its quarterly earnings results on Thursday, February 13th. The company reported $3.54 earnings per share for the quarter, beating analysts’ consensus estimates of $3.37 by $0.17. Penske Automotive Group had a net margin of 3.02% and a return on equity of 18.05%. The firm had revenue of $7.72 billion during the quarter, compared to analysts’ expectations of $7.56 billion.

Other equities research analysts have also recently issued reports about the stock. Stephens reissued 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. Benchmark initiated coverage on shares of Penske Automotive Group in a research report on Thursday, December 12th. They issued a “buy” rating for the company. StockNews.com raised shares of Penske Automotive Group from a “hold” rating to a “buy” rating in a research report on Monday, February 24th. Finally, JPMorgan Chase & Co. upped their target price on shares of Penske Automotive Group from $160.00 to $165.00 and gave the company an “underweight” rating in a report on Wednesday, February 19th. One analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company. According to MarketBeat, Penske Automotive Group currently has a consensus rating of “Moderate Buy” and an average price target of $172.50.

Penske Automotive Group Price Performance

Shares of PAG opened at $160.33 on Tuesday. Penske Automotive Group has a 1-year low of $142.32 and a 1-year high of $180.12. The stock has a market cap of $10.70 billion, a PE ratio of 11.66 and a beta of 1.24. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.91 and a quick ratio of 0.20. The firm has a fifty day moving average price of $163.05 and a 200 day moving average price of $160.74.

Penske Automotive Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, February 24th were issued a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.04%. This is a boost from Penske Automotive Group’s previous quarterly dividend of $1.19. The ex-dividend date was Monday, February 24th. Penske Automotive Group’s dividend payout ratio is presently 35.49%.

Insider Activity

In other news, EVP Claude H. Denker III sold 8,746 shares of the business’s stock in a transaction dated 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 transaction, the executive vice president now directly owns 28,917 shares in the company, valued at $5,003,508.51. The trade was a 23.22 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 51.70% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in PAG. Norges Bank acquired a new position in shares of Penske Automotive Group during the fourth quarter worth about $22,049,000. Moran Wealth Management LLC acquired a new position in shares of Penske Automotive Group during the fourth quarter worth about $14,157,000. Bank of New York Mellon Corp increased its stake in shares of Penske Automotive Group by 24.4% during the fourth quarter. Bank of New York Mellon Corp now owns 263,571 shares of the company’s stock worth $40,179,000 after acquiring an additional 51,720 shares during the period. Millennium Management LLC grew its position in Penske Automotive Group by 43.9% during the fourth quarter. Millennium Management LLC now owns 128,283 shares of the company’s stock worth $19,555,000 after buying an additional 39,113 shares during the period. Finally, American Century Companies Inc. grew its position in Penske Automotive Group by 17.4% during the fourth quarter. American Century Companies Inc. now owns 259,513 shares of the company’s stock worth $39,560,000 after buying an additional 38,388 shares during the period. 77.08% of the stock is currently owned by institutional investors and hedge funds.

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.