Penske Automotive Group (PAG) Projected to Release Quarterly Earnings on Wednesday

Penske Automotive Group (NYSE:PAG) will likely be releasing its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect the company to announce earnings of $3.38 per share and revenue of $7.9846 billion for the quarter. Individuals may review the information on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 2:00 PM ET.

Penske Automotive Group (NYSE:PAG) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $3.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.91 by $0.14. The business had revenue of $7.86 billion during the quarter, compared to analysts’ expectations of $7.71 billion. Penske Automotive Group had a return on equity of 15.13% and a net margin of 2.85%.The firm’s revenue for the quarter was down 1.1% compared to the same quarter last year. During the same period in the previous year, the company posted $3.66 earnings per share. On average, analysts expect Penske Automotive Group to post $13 EPS for the current fiscal year and $14 EPS for the next fiscal year.

Penske Automotive Group Trading Down 0.7%

Shares of NYSE:PAG opened at $215.85 on Tuesday. The business’s 50 day simple moving average is $181.87 and its 200 day simple moving average is $167.31. Penske Automotive Group has a 1 year low of $140.12 and a 1 year high of $219.59. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.96 and a quick ratio of 0.22. The company has a market capitalization of $14.19 billion, a P/E ratio of 16.11, a P/E/G ratio of 2.81 and a beta of 0.87.

Penske Automotive Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 14th will be paid a $1.44 dividend. This represents a $5.76 dividend on an annualized basis and a yield of 2.7%. 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 presently 42.39%.

Insider Buying and Selling at Penske Automotive Group

In other Penske Automotive Group news, CFO Michelle Hulgrave sold 1,500 shares of the company’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 $3,022,992.80. This represents a 7.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Greg C. Smith sold 1,488 shares of the stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $160.02, for a total value of $238,109.76. The disclosure for this sale is available in the SEC filing. Company insiders own 52.90% of the company’s stock.

Institutional Trading of Penske Automotive Group

Hedge funds and other institutional investors have recently made changes to their positions in the company. Acadian Asset Management LLC acquired a new position in shares of Penske Automotive Group in the first quarter valued at approximately $42,000. Global Retirement Partners LLC boosted its position in Penske Automotive Group by 186.6% during the 4th quarter. Global Retirement Partners LLC now owns 321 shares of the company’s stock worth $51,000 after buying an additional 209 shares during the period. State of Wyoming acquired a new stake in Penske Automotive Group during the 4th quarter worth approximately $67,000. UMB Bank n.a. grew its holdings in Penske Automotive Group by 20.8% during the 4th quarter. UMB Bank n.a. now owns 488 shares of the company’s stock worth $77,000 after acquiring an additional 84 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in Penske Automotive Group by 506.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 880 shares of the company’s stock worth $151,000 after acquiring an additional 735 shares during the last quarter. 77.08% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have weighed in on PAG. Bank of America raised their target price on Penske Automotive Group from $200.00 to $238.00 and gave the company a “buy” rating in a report on Thursday, July 9th. Citigroup downgraded Penske Automotive Group from a “buy” rating to a “neutral” rating and upped their price objective for the stock from $199.00 to $210.00 in a research report on Thursday, July 23rd. Morgan Stanley reaffirmed an “overweight” rating and issued a $190.00 price objective on shares of Penske Automotive Group in a research note on Thursday, May 7th. UBS Group set a $190.00 target price on Penske Automotive Group in a research note on Friday, July 10th. Finally, Weiss Ratings raised shares of Penske Automotive Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, July 10th. Five analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average 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.