What is Zacks Research’s Estimate for PAG Q3 Earnings?

Penske Automotive Group, Inc. (NYSE:PAG) – Equities researchers at Zacks Research upped their Q3 2026 EPS estimates for shares of Penske Automotive Group in a research note issued on Wednesday, August 12th. Zacks Research analyst Team now forecasts that the company will post earnings of $3.48 per share for the quarter, up from their previous forecast of $3.47. The consensus estimate for Penske Automotive Group’s current full-year earnings is $13.57 per share. Zacks Research also issued estimates for Penske Automotive Group’s Q4 2026 earnings at $3.50 EPS, FY2026 earnings at $13.65 EPS, Q1 2027 earnings at $3.38 EPS, Q3 2027 earnings at $3.57 EPS, Q4 2027 earnings at $3.65 EPS, FY2027 earnings at $14.15 EPS and Q1 2028 earnings at $3.70 EPS.

Several other equities analysts have also commented on the company. Stephens upped their target price on Penske Automotive Group from $166.00 to $210.00 and gave the company an “equal weight” rating in a research note on Monday, August 3rd. Bank of America upped their price target on shares of Penske Automotive Group from $200.00 to $238.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. JPMorgan Chase & Co. upped their target price on shares of Penske Automotive Group from $170.00 to $215.00 and gave the company a “neutral” rating in a research note on Tuesday, August 4th. UBS Group set a $190.00 price target on Penske Automotive Group in a research note on Friday, July 10th. Finally, Benchmark cut shares of Penske Automotive Group from a “buy” rating to a “hold” rating in a report on Wednesday, July 22nd. Five research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $207.88.

Penske Automotive Group Stock Performance

Shares of PAG opened at $218.20 on Thursday. Penske Automotive Group has a 12-month low of $140.12 and a 12-month high of $227.00. The stock has a market cap of $14.33 billion, a P/E ratio of 16.07, a PEG ratio of 2.89 and a beta of 0.84. The company has a 50-day moving average of $194.37 and a two-hundred day moving average of $171.87. The company has a current ratio of 0.98, a quick ratio of 0.21 and a debt-to-equity ratio of 0.36.

Penske Automotive Group (NYSE:PAG) last released its quarterly earnings results on Wednesday, July 29th. The company reported $3.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.42 by $0.20. Penske Automotive Group had a return on equity of 14.78% and a net margin of 2.81%.The firm had revenue of $8.51 billion for the quarter, compared to analyst estimates of $7.98 billion. During the same quarter last year, the company posted $3.78 earnings per share. The business’s revenue was up 11.1% on a year-over-year basis.

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 issued a $1.44 dividend. This is a positive change from Penske Automotive Group’s previous quarterly dividend of $1.42. The ex-dividend date of this dividend is Friday, August 14th. This represents a $5.76 annualized dividend and a dividend yield of 2.6%. Penske Automotive Group’s dividend payout ratio (DPR) is 42.42%.

Insider Buying and Selling

In other news, Director Greg C. Smith sold 1,488 shares of the business’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $160.02, for a total value of $238,109.76. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Michelle Hulgrave sold 1,500 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $171.80, for a total value of $257,700.00. Following the completion of the sale, the chief financial officer owned 17,596 shares of the company’s stock, valued at approximately $3,022,992.80. This trade represents a 7.86% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 52.90% of the company’s stock.

Institutional Investors Weigh In On Penske Automotive Group

Hedge funds and other institutional investors have recently bought and sold shares of the business. Kendall Capital Management bought a new stake in Penske Automotive Group in the second quarter worth about $1,303,000. Elevation Point Wealth Partners LLC acquired a new position in shares of Penske Automotive Group in the 2nd quarter worth approximately $2,316,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Penske Automotive Group in the 2nd quarter worth approximately $222,000. Quantbot Technologies LP bought a new stake in shares of Penske Automotive Group in the 2nd quarter worth approximately $2,509,000. Finally, Callan Family Office LLC bought a new stake in shares of Penske Automotive Group in the 2nd quarter worth approximately $343,000. 77.08% of the stock is currently owned by institutional investors.

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.