Zacks Research Has Positive Outlook for PAG Q1 Earnings

Penske Automotive Group, Inc. (NYSE:PAG) – Research analysts at Zacks Research increased their Q1 2026 EPS estimates for Penske Automotive Group in a report released on Monday, March 16th. Zacks Research analyst Team now expects that the company will post earnings of $3.22 per share for the quarter, up from their previous estimate of $3.14. 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 Q2 2026 earnings at $3.52 EPS, Q4 2026 earnings at $3.53 EPS, Q2 2027 earnings at $3.63 EPS, Q3 2027 earnings at $3.76 EPS, Q4 2027 earnings at $3.77 EPS, FY2027 earnings at $15.00 EPS and FY2028 earnings at $15.84 EPS.

Other equities analysts have also issued reports about the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Penske Automotive Group in a report on Monday, December 8th. Barclays increased their price target on Penske Automotive Group from $190.00 to $195.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 17th. Finally, Bank of America assumed coverage on Penske Automotive Group in a report on Tuesday, December 9th. They issued a “buy” rating and a $195.00 price objective for the company. Seven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $184.43.

Penske Automotive Group Trading Down 1.1%

NYSE:PAG opened at $144.33 on Tuesday. Penske Automotive Group has a 12 month low of $134.05 and a 12 month high of $189.51. The company has a current ratio of 0.99, a quick ratio of 0.22 and a debt-to-equity ratio of 0.32. The firm’s 50 day moving average is $161.37 and its 200 day moving average is $165.71. The stock has a market capitalization of $9.49 billion, a PE ratio of 10.69, a price-to-earnings-growth ratio of 1.52 and a beta of 0.90.

Penske Automotive Group (NYSE:PAG) last released its earnings results on Wednesday, February 11th. The company reported $2.91 earnings per share for the quarter, missing analysts’ consensus estimates of $3.19 by ($0.28). Penske Automotive Group had a net margin of 2.91% and a return on equity of 15.77%. The company had revenue of $7.77 billion for the quarter, compared to the consensus estimate of $7.62 billion. During the same period in the prior year, the company earned $3.54 earnings per share. The firm’s revenue was down 3.8% on a year-over-year basis.

Hedge Funds Weigh In On Penske Automotive Group

Large investors have recently modified their holdings of the company. Goldman Sachs Group Inc. grew its stake in Penske Automotive Group by 28.4% during the first quarter. Goldman Sachs Group Inc. now owns 380,267 shares of the company’s stock valued at $54,751,000 after acquiring an additional 84,045 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Penske Automotive Group by 4.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 68,884 shares of the company’s stock worth $9,918,000 after purchasing an additional 3,100 shares in the last quarter. Acadian Asset Management LLC purchased a new stake in Penske Automotive Group in the 1st quarter worth approximately $42,000. Envestnet Asset Management Inc. boosted its holdings in Penske Automotive Group by 8.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,281 shares of the company’s stock valued at $907,000 after purchasing an additional 423 shares during the period. Finally, Police & Firemen s Retirement System of New Jersey boosted its holdings in Penske Automotive Group by 4.1% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 6,983 shares of the company’s stock valued at $1,200,000 after purchasing an additional 276 shares during the period. 77.08% of the stock is currently owned by institutional investors.

Penske Automotive Group Increases Dividend

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

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.