Zacks Research Analysts Reduce Earnings Estimates for PAG

Penske Automotive Group, Inc. (NYSE:PAG) – Stock analysts at Zacks Research reduced their Q3 2026 earnings estimates for shares of Penske Automotive Group in a research note issued on Monday, March 16th. Zacks Research analyst Team now expects that the company will earn $3.53 per share for the quarter, down from their prior estimate of $3.62. 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 FY2026 earnings at $13.81 EPS and Q1 2027 earnings at $3.84 EPS.

Penske Automotive Group (NYSE:PAG) last issued its quarterly earnings results on Wednesday, February 11th. The company reported $2.91 EPS for the quarter, missing analysts’ consensus estimates of $3.19 by ($0.28). The firm 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%.The business’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same quarter last year, the firm earned $3.54 earnings per share.

Several other research analysts also recently weighed in on the company. Bank of America initiated coverage on Penske Automotive Group in a report on Tuesday, December 9th. They issued a “buy” rating and a $195.00 price target for the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Penske Automotive Group in a report on Monday, December 8th. Weiss Ratings downgraded Penske Automotive Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday. Finally, Barclays upped their target price on Penske Automotive Group from $190.00 to $195.00 and gave the company an “overweight” rating in a research note on Tuesday, February 17th. Six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $184.43.

Penske Automotive Group Stock Up 0.9%

Shares of NYSE PAG opened at $144.57 on Wednesday. Penske Automotive Group has a 1 year low of $134.05 and a 1 year high of $189.51. The firm’s 50 day moving average price is $160.25 and its 200 day moving average price is $165.13. The firm has a market cap of $9.51 billion, a P/E ratio of 10.71, a price-to-earnings-growth ratio of 1.49 and a beta of 0.90. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.22 and a current ratio of 0.99.

Penske Automotive Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 5th. Stockholders of record on Wednesday, February 25th were issued a dividend of $1.40 per share. This represents a $5.60 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Wednesday, February 25th. This is an increase from Penske Automotive Group’s previous quarterly dividend of $1.38. Penske Automotive Group’s dividend payout ratio (DPR) is presently 41.48%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. California State Teachers Retirement System grew its position in Penske Automotive Group by 0.4% during the second quarter. California State Teachers Retirement System now owns 18,434 shares of the company’s stock valued at $3,167,000 after purchasing an additional 65 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in Penske Automotive Group by 2.1% in the 3rd quarter. PNC Financial Services Group Inc. now owns 3,226 shares of the company’s stock worth $561,000 after buying an additional 65 shares in the last quarter. Aptus Capital Advisors LLC lifted its position in Penske Automotive Group by 5.4% in the 3rd quarter. Aptus Capital Advisors LLC now owns 1,261 shares of the company’s stock worth $219,000 after buying an additional 65 shares in the last quarter. 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 buying an additional 66 shares during the period. Finally, Jones Financial Companies Lllp boosted its stake in shares of Penske Automotive Group by 11.0% during the 3rd 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. Hedge funds and other institutional investors own 77.08% of the company’s stock.

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.