Research Analysts’ Recent Ratings Changes for Penske Automotive Group (PAG)

A number of research firms have changed their ratings and price targets for Penske Automotive Group (NYSE: PAG):

• 5/7/2026 – Penske Automotive Group had its “overweight” rating reaffirmed by Morgan Stanley. They now have a $190.00 price target on the stock.
• 5/7/2026 – Penske Automotive Group had its price target raised by JPMorgan Chase & Co. from $165.00 to $170.00. They now have a “neutral” rating on the stock.
• 5/6/2026 – Penske Automotive Group had its price target raised by Citigroup Inc. from $193.00 to $199.00. They now have a “buy” rating on the stock.
• 5/4/2026 – Penske Automotive Group had its price target raised by Stephens from $155.00 to $160.00. They now have an “equal weight” rating on the stock.
• 4/17/2026 – Penske Automotive Group had its price target lowered by JPMorgan Chase & Co. from $170.00 to $165.00. They now have a “neutral” rating on the stock.
• 4/8/2026 – Penske Automotive Group had its price target lowered by Citigroup Inc. from $200.00 to $193.00. They now have a “buy” rating on the stock.
• 4/7/2026 – Penske Automotive Group had its price target lowered by Barclays PLC from $195.00 to $190.00. They now have an “overweight” rating on the stock.

Penske Automotive Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 3rd. Shareholders of record on Tuesday, May 26th will be given a dividend of $1.42 per share. The ex-dividend date is Tuesday, May 26th. This is a positive change from Penske Automotive Group’s previous quarterly dividend of $1.40. This represents a $5.68 dividend on an annualized basis and a yield of 3.6%. Penske Automotive Group’s dividend payout ratio (DPR) is 41.79%.

Insiders Place Their Bets

In other Penske Automotive Group news, Director Greg C. Smith sold 1,488 shares of the firm’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $160.02, for a total transaction of $238,109.76. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 52.90% of the stock is owned by insiders.

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.