First Trust Advisors LP Buys 16,201 Shares of Penske Automotive Group, Inc. $PAG

First Trust Advisors LP raised its stake in shares of Penske Automotive Group, Inc. (NYSE:PAG) by 24.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 81,838 shares of the company’s stock after purchasing an additional 16,201 shares during the quarter. First Trust Advisors LP’s holdings in Penske Automotive Group were worth $12,236,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Navalign LLC purchased a new stake in shares of Penske Automotive Group in the 4th quarter worth about $26,000. International Assets Investment Management LLC bought a new stake in shares of Penske Automotive Group during the 4th quarter valued at about $30,000. Rothschild Investment LLC boosted its stake in shares of Penske Automotive Group by 37.5% during the 4th quarter. Rothschild Investment LLC now owns 242 shares of the company’s stock valued at $38,000 after purchasing an additional 66 shares in the last quarter. Acadian Asset Management LLC purchased a new position in shares of Penske Automotive Group during the first quarter valued at about $42,000. Finally, Global Retirement Partners LLC increased its position in shares of Penske Automotive Group by 186.6% during the fourth quarter. Global Retirement Partners LLC now owns 321 shares of the company’s stock valued at $51,000 after buying an additional 209 shares during the period. 77.08% of the stock is currently owned by institutional investors.

Penske Automotive Group Price Performance

Shares of PAG opened at $220.93 on Friday. The company has a market capitalization of $14.53 billion, a P/E ratio of 16.27, a price-to-earnings-growth ratio of 2.89 and a beta of 0.87. The company has a quick ratio of 0.22, a current ratio of 0.98 and a debt-to-equity ratio of 0.36. The firm has a 50 day moving average of $185.59 and a 200 day moving average of $168.52. Penske Automotive Group, Inc. has a twelve month low of $140.12 and a twelve month high of $227.00.

Penske Automotive Group (NYSE:PAG) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $3.62 earnings per share for the quarter, topping analysts’ consensus estimates of $3.42 by $0.20. The company had revenue of $8.51 billion during the quarter, compared to analyst estimates of $7.98 billion. Penske Automotive Group had a net margin of 2.81% and a return on equity of 14.78%. The firm’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same period in the previous year, the business earned $3.78 EPS. As a group, equities research analysts anticipate that Penske Automotive Group, Inc. will post 13.45 earnings per share for the current fiscal year.

Penske Automotive Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 14th will be given a dividend of $1.44 per share. This represents a $5.76 annualized dividend and a dividend yield of 2.6%. This is a boost from Penske Automotive Group’s previous quarterly dividend of $1.42. The ex-dividend date of this dividend is Friday, August 14th. Penske Automotive Group’s payout ratio is 42.39%.

Key Headlines Impacting Penske Automotive Group

Here are the key news stories impacting Penske Automotive Group this week:

• Positive Sentiment: Quarterly results exceeded expectations. Adjusted earnings were $3.62 per share, above the $3.42 consensus estimate, while revenue reached approximately $8.5 billion versus estimates of $7.98 billion. Penske Automotive Group Reports Quarterly Results
• Positive Sentiment: Retail volume and revenue growth were encouraging. New and used automotive units delivered increased 5% to more than 125,000, and reported revenue rose roughly 6% to $8.5 billion. The results suggest continued demand across Penske’s automotive and commercial truck businesses. Penske Automotive Q2 Earnings and Revenues Beat Estimates
• Neutral Sentiment: Management’s earnings call provided additional context. Investors are reviewing the company’s outlook, operating trends and commentary on its international automotive retail, commercial vehicle and transportation-services operations to determine whether the growth can persist. Penske Automotive Group Q2 2026 Earnings Call Transcript
• Negative Sentiment: Year-over-year earnings declined. Adjusted EPS fell from $3.78 in the prior-year quarter to $3.62, despite the revenue increase. Reported net income was $260 million, while adjusted net income was $238 million, indicating that profit growth is lagging sales growth. Penske Q2 Earnings Key Metrics
• Negative Sentiment: Expectations may be elevated. PAG is trading near its one-year high after a substantial advance, so investors may be looking for accelerating earnings and margins rather than merely an earnings beat. The year-over-year EPS decline likely contributed to the cautious reaction.

Insider Buying and Selling at Penske Automotive Group

In other Penske Automotive Group news, CFO Michelle Hulgrave sold 1,500 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $171.80, for a total value of $257,700.00. Following the completion of the transaction, the chief financial officer owned 17,596 shares of the company’s stock, valued at approximately $3,022,992.80. The trade was a 7.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Greg C. Smith sold 1,488 shares of the company’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $160.02, for a total transaction of $238,109.76. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 52.90% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on PAG shares. Stephens raised their price objective on shares of Penske Automotive Group from $155.00 to $160.00 and gave the stock an “equal weight” rating in a report on Monday, May 4th. JPMorgan Chase & Co. upped their target price on Penske Automotive Group from $165.00 to $170.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Weiss Ratings upgraded Penske Automotive Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, July 10th. Barclays increased their target price on Penske Automotive Group from $190.00 to $220.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 15th. Finally, UBS Group set a $190.00 target price on Penske Automotive Group in a research note on Friday, July 10th. Five investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $196.00.

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.