SG Americas Securities LLC Raises Stake in Aaron’s Holdings Company, Inc. $PRG

SG Americas Securities LLC raised its stake in Aaron’s Holdings Company, Inc. (NYSE:PRG) by 113.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 40,807 shares of the company’s stock after buying an additional 21,698 shares during the quarter. SG Americas Securities LLC’s holdings in Aaron’s were worth $1,203,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. GAMMA Investing LLC grew its holdings in Aaron’s by 45.3% in the 4th quarter. GAMMA Investing LLC now owns 1,806 shares of the company’s stock valued at $53,000 after buying an additional 563 shares in the last quarter. WealthCollab LLC grew its holdings in Aaron’s by 61.9% in the 2nd quarter. WealthCollab LLC now owns 2,092 shares of the company’s stock valued at $61,000 after buying an additional 800 shares in the last quarter. CWM LLC grew its holdings in Aaron’s by 85.1% in the 3rd quarter. CWM LLC now owns 5,258 shares of the company’s stock valued at $170,000 after buying an additional 2,417 shares in the last quarter. Cim Investment Management Inc. purchased a new stake in Aaron’s in the 2nd quarter valued at $191,000. Finally, Aquatic Capital Management LLC purchased a new stake in Aaron’s in the 3rd quarter valued at $204,000. 97.92% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

PRG has been the subject of several analyst reports. Zacks Research upgraded Aaron’s from a “hold” rating to a “strong-buy” rating in a report on Friday, February 20th. B. Riley Financial started coverage on Aaron’s in a report on Tuesday, December 16th. They issued a “buy” rating and a $50.00 target price for the company. TD Cowen increased their price target on Aaron’s from $42.00 to $43.00 and gave the stock a “buy” rating in a report on Wednesday, March 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of Aaron’s in a report on Thursday, January 22nd. Finally, Wall Street Zen upgraded Aaron’s from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Aaron’s has an average rating of “Buy” and a consensus target price of $41.80.

Aaron’s Stock Performance

Shares of Aaron’s stock opened at $27.66 on Wednesday. The business has a 50-day moving average of $32.11 and a 200 day moving average of $31.06. Aaron’s Holdings Company, Inc. has a 12 month low of $23.53 and a 12 month high of $41.14. The stock has a market capitalization of $1.09 billion, a price-to-earnings ratio of 7.68 and a beta of 1.81. The company has a debt-to-equity ratio of 0.80, a current ratio of 4.71 and a quick ratio of 2.32.

Aaron’s (NYSE:PRG) last announced its earnings results on Wednesday, February 18th. The company reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.14. Aaron’s had a return on equity of 20.99% and a net margin of 5.97%.The company had revenue of $525.36 million during the quarter, compared to analysts’ expectations of $581.82 million. During the same period last year, the business posted $0.80 EPS. Aaron’s’s revenue for the quarter was down 5.2% on a year-over-year basis. Aaron’s has set its Q1 2026 guidance at 0.700-0.900 EPS and its FY 2026 guidance at 4.000-4.450 EPS. As a group, sell-side analysts forecast that Aaron’s Holdings Company, Inc. will post 3.45 earnings per share for the current year.

Aaron’s Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Thursday, March 12th were issued a dividend of $0.14 per share. This is a positive change from Aaron’s’s previous quarterly dividend of $0.13. The ex-dividend date was Thursday, March 12th. This represents a $0.56 dividend on an annualized basis and a yield of 2.0%. Aaron’s’s dividend payout ratio (DPR) is 15.56%.

About Aaron’s

PROG Holdings, Inc (NYSE: PRG), formerly known as Aaron’s, is a North American provider of lease-to-own and consumer finance solutions. The company operates through two primary segments: Aaron’s Business Solutions and Progressive Financial Services. Through Aaron’s Business Solutions, PROG offers customers access to furniture, electronics, home appliances and technology products via lease ownership arrangements, serving both individual consumers and small businesses.

The Progressive Financial Services segment provides lease-purchase and retail point-of-sale financing programs to customers with limited credit histories.