Zacks Research Issues Negative Estimate for PAG Earnings

Penske Automotive Group, Inc. (NYSE:PAG) – Equities researchers at Zacks Research dropped their Q2 2026 EPS estimates for Penske Automotive Group in a note issued to investors on Wednesday, May 13th. Zacks Research analyst Team now forecasts 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 released its quarterly earnings results on Wednesday, April 29th. The company reported $3.05 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $7.71 billion. During the same quarter last year, the firm posted $3.66 earnings per share. The company’s quarterly revenue was down 1.1% compared to the same quarter last year.

Other equities analysts have also issued research reports about the stock. Morgan Stanley reissued an “overweight” rating and issued a $190.00 price target on shares of Penske Automotive Group in a research report on Thursday, May 7th. Stephens lifted their price target on shares of Penske Automotive Group from $155.00 to $160.00 and gave the company an “equal weight” rating in a research report on Monday, May 4th. Citigroup lifted their price target on shares of Penske Automotive Group from $193.00 to $199.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Barclays dropped their price target on shares of Penske Automotive Group from $195.00 to $190.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 7th. Finally, Weiss Ratings lowered shares of Penske Automotive Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, March 16th. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Penske Automotive Group presently has an average rating of “Moderate Buy” and a consensus target price of $184.86.

Penske Automotive Group Trading Up 1.6%

NYSE:PAG opened at $169.28 on Friday. Penske Automotive Group has a 12 month low of $140.12 and a 12 month high of $189.51. The firm has a market cap of $11.13 billion, a price-to-earnings ratio of 12.63, a P/E/G ratio of 2.16 and a beta of 0.90. The company has a quick ratio of 0.22, a current ratio of 0.96 and a debt-to-equity ratio of 0.39. The company’s 50 day moving average is $156.11 and its 200-day moving average is $160.36.

Penske Automotive Group Increases Dividend

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

Hedge Funds Weigh In On Penske Automotive Group

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Victory Capital Management Inc. increased its position in Penske Automotive Group by 6.7% during the fourth quarter. Victory Capital Management Inc. now owns 1,484,075 shares of the company’s stock worth $234,914,000 after acquiring an additional 92,794 shares during the period. Dimensional Fund Advisors LP increased its position in Penske Automotive Group by 11.9% during the first quarter. Dimensional Fund Advisors LP now owns 1,447,910 shares of the company’s stock worth $216,489,000 after acquiring an additional 154,443 shares during the period. Diamant Asset Management Inc. increased its position in Penske Automotive Group by 14,852.0% during the first quarter. Diamant Asset Management Inc. now owns 884,411 shares of the company’s stock worth $132,237,000 after acquiring an additional 878,496 shares during the period. Bank of Montreal Can increased its position in Penske Automotive Group by 39,232.7% during the fourth quarter. Bank of Montreal Can now owns 863,352 shares of the company’s stock worth $136,660,000 after acquiring an additional 861,157 shares during the period. Finally, AQR Capital Management LLC increased its position in Penske Automotive Group by 6.6% during the third quarter. AQR Capital Management LLC now owns 726,490 shares of the company’s stock worth $125,043,000 after acquiring an additional 44,749 shares during the period. Institutional investors own 77.08% of the company’s stock.

Penske Automotive Group Company Profile

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.