Islay Capital Management LLC Decreases Stock Holdings in Aaron’s Holdings Company, Inc. $PRG

Islay Capital Management LLC decreased its stake in shares of Aaron’s Holdings Company, Inc. (NYSE:PRG) by 55.4% during the third quarter, Holdings Channel reports. The firm owned 15,713 shares of the company’s stock after selling 19,531 shares during the quarter. Islay Capital Management LLC’s holdings in Aaron’s were worth $508,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. WealthCollab LLC boosted its stake in shares of Aaron’s by 61.9% in the 2nd quarter. WealthCollab LLC now owns 2,092 shares of the company’s stock worth $61,000 after buying an additional 800 shares during the last quarter. CWM LLC boosted its position in Aaron’s by 85.1% in the third quarter. CWM LLC now owns 5,258 shares of the company’s stock worth $170,000 after purchasing an additional 2,417 shares during the last quarter. Stephens Inc. AR purchased a new position in Aaron’s in the third quarter worth about $208,000. Cim Investment Management Inc. bought a new stake in shares of Aaron’s during the 2nd quarter valued at about $191,000. Finally, Hohimer Wealth Management LLC purchased a new stake in shares of Aaron’s during the 3rd quarter valued at about $216,000. Institutional investors own 97.92% of the company’s stock.

Aaron’s Stock Up 0.4%

Shares of PRG stock opened at $34.16 on Friday. 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 Holdings Company, Inc. has a one year low of $23.50 and a one year high of $41.14. The company’s fifty day moving average price is $33.23 and its 200-day moving average price is $32.07. The company has a market capitalization of $1.35 billion, a price-to-earnings ratio of 9.49 and a beta of 1.71.

Aaron’s (NYSE:PRG) last issued its earnings results on Wednesday, February 18th. The company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.14. The company had revenue of $525.36 million during the quarter, compared to the consensus estimate of $581.82 million. Aaron’s had a net margin of 5.97% and a return on equity of 20.99%. Aaron’s’s quarterly revenue was down 5.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.80 EPS. 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. Sell-side analysts expect that Aaron’s Holdings Company, Inc. will post 3.45 EPS for the current fiscal year.

Aaron’s Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Thursday, March 12th will be paid a dividend of $0.14 per share. This is a boost from Aaron’s’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $0.56 annualized dividend and a yield of 1.6%. Aaron’s’s dividend payout ratio is 15.56%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on PRG shares. Zacks Research raised shares of Aaron’s from a “hold” rating to a “strong-buy” rating in a report on Friday, February 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of Aaron’s in a research note on Thursday, January 22nd. Wall Street Zen raised shares of Aaron’s from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. BTIG Research raised Aaron’s from a “sell” rating to a “neutral” rating and set a $31.00 target price on the stock in a report on Friday, November 21st. Finally, TD Cowen cut their price target on Aaron’s from $41.00 to $38.00 and set a “buy” rating for the company in a report on Thursday, January 8th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $40.80.

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.