Penske Automotive Group, Inc. $PAG Shares Acquired by Citigroup Inc.

Citigroup Inc. lifted its stake in Penske Automotive Group, Inc. (NYSE:PAG) by 124.8% during the third quarter, Holdings Channel reports. The institutional investor owned 77,248 shares of the company’s stock after acquiring an additional 42,878 shares during the quarter. Citigroup Inc.’s holdings in Penske Automotive Group were worth $13,434,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Rothschild Investment LLC boosted its position in Penske Automotive Group by 935.3% in the 3rd quarter. Rothschild Investment LLC now owns 176 shares of the company’s stock worth $31,000 after purchasing an additional 159 shares in the last quarter. Root Financial Partners LLC purchased a new position in shares of Penske Automotive Group during the 3rd quarter valued at approximately $33,000. Acadian Asset Management LLC acquired a new position in shares of Penske Automotive Group in the 1st quarter valued at $42,000. Smartleaf Asset Management LLC boosted its holdings in Penske Automotive Group by 237.0% during the third quarter. Smartleaf Asset Management LLC now owns 310 shares of the company’s stock worth $54,000 after buying an additional 218 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its position in Penske Automotive Group by 11.0% during the third quarter. Jones Financial Companies Lllp now owns 674 shares of the company’s stock valued at $116,000 after buying an additional 67 shares during the period. 77.08% of the stock is currently owned by hedge funds and other institutional investors.

Penske Automotive Group Stock Down 0.1%

NYSE PAG opened at $157.56 on Friday. The business has a fifty day moving average price of $163.55 and a 200 day moving average price of $168.35. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.22 and a current ratio of 0.99. The company has a market cap of $10.38 billion, a P/E ratio of 11.67, a P/E/G ratio of 1.63 and a beta of 0.92. Penske Automotive Group, Inc. has a one year low of $134.05 and a one year high of $189.51.

Penske Automotive Group (NYSE:PAG) last released its earnings results on Wednesday, February 11th. The company reported $2.91 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.19 by ($0.28). The business had revenue of $7.77 billion for the quarter, compared to analysts’ expectations of $7.62 billion. Penske Automotive Group had a return on equity of 15.77% and a net margin of 2.91%.Penske Automotive Group’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same period in the previous year, the company earned $3.54 EPS. Research analysts anticipate that Penske Automotive Group, Inc. will post 13.86 EPS for the current fiscal year.

Penske Automotive Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Wednesday, February 25th will be issued a $1.40 dividend. This represents a $5.60 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date is Wednesday, February 25th. This is a positive change from Penske Automotive Group’s previous quarterly dividend of $1.38. Penske Automotive Group’s payout ratio is currently 41.48%.

Analyst Ratings Changes

PAG has been the subject of a number of analyst reports. Barclays upped their price objective on shares of Penske Automotive Group from $190.00 to $195.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 17th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Penske Automotive Group in a research note on Monday, December 8th. JPMorgan Chase & Co. lowered their price target on Penske Automotive Group from $180.00 to $175.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 5th. Weiss Ratings reissued a “buy (b)” rating on shares of Penske Automotive Group in a report on Friday, October 31st. Finally, Bank of America began coverage on Penske Automotive Group in a research note on Tuesday, December 9th. They set a “buy” rating and a $195.00 target price for the company. Seven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $184.43.

Penske Automotive Group News Summary

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

• Positive Sentiment: Zacks raised its FY2026 estimate to $13.92 from $13.71 and bumped several 2026 quarter estimates (Q1, Q3, Q4), signaling slightly stronger near‑term earnings than previously modeled. MarketBeat Report
• Neutral Sentiment: Zacks published FY2028 projections (EPS $15.77) and maintained multi‑year outlooks that suggest growth beyond 2026–2027, which may support a constructive longer‑horizon view if results track those trajectories. MarketBeat Report
• Negative Sentiment: Zacks trimmed several 2027 quarterly estimates (small cuts to Q1–Q4 2027) and lowered FY2027 to $15.06 from $15.22 — a downgrade that likely explains some of the downward pressure on PAG shares today. MarketBeat Report

Penske Automotive Group 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.