Allworth Financial LP Invests $8.65 Million in Penske Automotive Group, Inc. $PAG
Allworth Financial LP has invested $8.65 million in Penske Automotive Group, Inc. (NYSE:PAG) by acquiring 48,347 shares in the second quarter. Other hedge funds and institutional investors have also adjusted their stakes in PAG, which currently holds a "Moderate Buy" rating with a consensus price target of $208.50. Penske Automotive Group recently increased its quarterly dividend to $1.44 per share, and the company reported strong Q2 earnings, beating analyst estimates.
Denali Advisors LLC Makes New Investment in Penske Automotive Group, Inc. $PAG
Denali Advisors LLC has made a new investment in Penske Automotive Group, Inc. (NYSE:PAG) by acquiring 7,381 shares valued at approximately $1.32 million during the second quarter. Penske Automotive Group reported strong Q2 earnings, exceeding analyst expectations with EPS of $3.62 and revenue of $8.51 billion, and also increased its quarterly dividend to $1.44 per share. Analysts currently maintain a "Moderate Buy" consensus rating for the company with an average price target of $208.50.
PENSKE AUTOMOTIVE: Kaskela Law Announces Probe into Adequacy of Proposed $210.00 Per Share Buyout Price – Fair or Inadequately Low for the Company’s Shareholders?
Kaskela Law LLC is investigating the proposed $210.00 per share buyout offer for Penske Automotive Group, Inc. (NYSE: PAG) to determine if it adequately compensates shareholders. The offer comes from Penske Corp. and Mitsui & Co., Ltd., who together own over 72% of the company. Kaskela Law encourages shareholders to contact them to discuss their legal rights and options regarding the proposed buyout.
Bruni J V & Co. Co. Takes Position in Penske Automotive Group, Inc. $PAG
Bruni J V & Co. Co. has acquired a significant new position in Penske Automotive Group, Inc. (NYSE:PAG) during the second quarter, making it their 15th largest holding. Penske Automotive Group recently reported strong quarterly earnings that surpassed analyst expectations and increased its quarterly dividend. Analysts currently maintain a "Moderate Buy" rating for PAG, with an average price target of $207.88.
22,585 Shares in Penske Automotive Group, Inc. $PAG Purchased by Trust Co. of Vermont
Trust Co. of Vermont recently acquired 22,585 shares of Penske Automotive Group (PAG) valued at approximately $4.04 million, contributing to institutional investors owning 77.08% of the company. Penske Automotive Group reported strong Q2 earnings, exceeding analyst estimates with EPS of $3.62 and revenue of $8.51 billion, an 11.1% increase year-over-year. The company also raised its quarterly dividend to $1.44 per share, and analysts maintain a "Moderate Buy" rating with an average price target of $207.88.
Flputnam Investment Management Co. Takes $1.96 Million Position in Penske Automotive Group, Inc. $PAG
Flputnam Investment Management Co. has acquired a new position in Penske Automotive Group, Inc. (NYSE:PAG), purchasing 10,935 shares valued at approximately $1.96 million. This comes as Penske Automotive Group reported strong Q2 earnings, beating analyst estimates with $3.62 EPS and $8.51 billion in revenue, an 11.1% year-over-year increase. The company also raised its quarterly dividend to $1.44 per share, resulting in a 2.6% yield, and maintains a "Moderate Buy" consensus rating from analysts with an average price target of $207.88.
Penske Commercial Truck Sales Rise as Q2 Revenue Declines
Penske Automotive Group reported increased retail commercial truck sales in Q2 2026, with 5,431 units sold, despite a decline in commercial truck revenue to $927.8 million and pre-tax income to $47.2 million. The company attributed the revenue decline to weak truck order intake in Q3 and Q4 2025 but noted improving market conditions and a significant increase in North American Class 8 truck orders. Penske Transportation Solutions also saw a 7% rise in earnings for the quarter, contributing to Penske Automotive's overall revenue of $8.5 billion.
Zacks Research Issues Optimistic Forecast for PAG Earnings
Zacks Research has issued an optimistic forecast for Penske Automotive Group (NYSE:PAG) earnings, raising estimates for Q2 2027 and FY2028. The company recently beat Q2 earnings expectations with $3.62 EPS and 11.1% revenue growth year-over-year, and has also increased its quarterly dividend. Analysts maintain a "Moderate Buy" rating with an average price target of $207.88.
Zacks Research Has Positive Outlook for PAG Q3 Earnings
Zacks Research has increased its Q3 2026 EPS estimate for Penske Automotive Group (NYSE: PAG) to $3.48 and projects full-year 2026 earnings of $13.65 per share. This follows Penske's recent strong quarterly performance, where it exceeded expectations with $3.62 EPS and $8.51 billion in revenue, an 11.1% year-over-year increase. The company also raised its quarterly dividend to $1.44 per share, maintaining a "Moderate Buy" consensus rating from analysts with an average price target of $207.88.
Precision Trading with Penske Automotive Group Inc. (PAG) Risk Zones
This article provides a detailed analysis of Penske Automotive Group Inc. (PAG) using AI-generated signals, identifying neutral near-term sentiment but strong mid-term sentiment. It outlines three distinct trading strategies—Position Trading, Momentum Breakout, and Risk Hedging—tailored to different risk profiles. The analysis also includes multi-timeframe signal strengths, support, and resistance levels for precision trading.
Precision Trading with Penske Automotive Group Inc. (PAG) Risk Zones
This article from Stock Traders Daily provides a detailed analysis of Penske Automotive Group Inc. (PAG), highlighting neutral near-term readings but strong mid-term sentiment that may be stalling. It presents institutional trading strategies for various risk profiles, including long, breakout, and short positions, along with multi-timeframe signal analysis and key price levels. The report emphasizes the absence of resistance above the current price, suggesting compelling upside potential for PAG.
Penske Automotive Group, Inc.: Special Committee Retained Moelis & Co. as Independent Financial Advisor >PAG
Penske Automotive Group announced that its Special Committee has retained Moelis & Company LLC as its independent financial advisor. This advisory role is to assist the committee in evaluating the previously disclosed proposal from Roger S. Penske and Penske Corporation to acquire all outstanding shares of common stock not already owned by them.
Dealer group news: Group 1 adds to board & latest update from Penske
Group 1 Automotive has appointed David Kimbell, former CEO of Ulta Beauty, to its board of directors, bringing the total to 10 members. Meanwhile, Penske Automotive Group's special committee, formed to review a proposal from Penske Corp. and Mitsui & Co. to acquire remaining shares, has retained independent financial and legal advisors. Penske noted there's no assurance an agreement will be reached and shareholders do not need to act yet.
PAG Q2 Earnings Beat Estimates on Auto Sales and Service Growth
Penske Automotive Group (PAG) reported strong Q2 2026 adjusted earnings of $3.62 per share, surpassing estimates, driven by a 6% year-over-year revenue increase to $8.51 billion. The company saw growth in retail automotive sales and commercial vehicle distribution, although profitability faced margin pressure. PAG also increased its quarterly dividend for the 23rd consecutive time and repurchased shares.
Bank of America Corp DE Acquires 19,850 Shares of Penske Automotive Group, Inc. $PAG
Bank of America Corp DE increased its stake in Penske Automotive Group (PAG) by 4.5% in Q1 2026, acquiring an additional 19,850 shares, bringing its total to 463,784 shares valued at $69.3 million. Penske Automotive Group reported strong Q2 earnings of $3.62 per share, exceeding estimates, and a revenue increase of 11.1% year-over-year to $8.51 billion, also raising its quarterly dividend to $1.44 per share. Despite recent insider share sales, the company maintains a "Moderate Buy" consensus rating from analysts with a target price of $207.88.
Penske Automotive Group, Inc: Special Committee Retained Paul, Weiss, Rifkind, Wharton & Garrison as Independent Legal Counsel >PAG
Penske Automotive Group, Inc. announced that its special committee, formed to evaluate a proposal to convert the company into a C corporation, has retained independent legal counsel. The special committee has engaged Paul, Weiss, Rifkind, Wharton & Garrison LLP to provide legal advice regarding the proposed conversion.
Penske Automotive Group is riding a wave of lease returns
Penske Automotive Group is experiencing a surge in lease returns, which is proving to be a profitable business for the company, especially with its focus on luxury and import brands. The company anticipates a significant increase in lease maturities for Toyota, Lexus, and BMW in 2027 and beyond. This trend allows Penske to convert returned vehicles into new sales or re-lease units, contributing to its strong automotive retail revenue.
Form 8K Penske Automotive Group Inc For: 10 August By Investing.com
This article announces that Penske Automotive Group Inc. filed a Form 8K on August 10th. The brief notice from Investing.com provides no further details about the filing's content.
Penske Automotive Group retains advisors as special committee reviews $210/share take-private proposal
Penske Automotive Group has hired independent financial and legal advisors to evaluate an unsolicited $210-per-share take-private offer from Penske Corporation and Mitsui. Moelis & Company will serve as the financial advisor, and Paul, Weiss will be the legal counsel for the Special Committee reviewing the non-binding proposal. The company stated it would not provide further comment unless necessary, and there is no assurance an agreement will be reached.
SPECIAL COMMITTEE OF PENSKE AUTOMOTIVE GROUP RETAINS FINANCIAL AND LEGAL ADVISORS IN CONNECTION WITH TAKE PRIVATE PROPOSAL
Penske Automotive Group (PAG) announced that its special committee of independent directors has retained Moelis & Company LLC and Paul, Weiss, Rifkind, Wharton & Garrison LLP as financial and legal advisors, respectively. This action is in response to an unsolicited, preliminary, and non-binding proposal from Penske Corporation and Mitsui & Co., Ltd. to acquire all remaining common stock at $210 per share. The company cautions that there is no assurance an agreement will be reached and advises shareholders that no immediate action is required.
Penske Automotive Group, Inc. $PAG Shares Purchased by California State Teachers Retirement System
California State Teachers Retirement System increased its stake in Penske Automotive Group, Inc. (PAG) by 30% in the first quarter, now holding 24,384 shares valued at $3.65 million. The company recently reported strong quarterly earnings, beating estimates with $3.62 EPS and an 11.1% increase in revenue, and raised its quarterly dividend to $1.44. Analyst sentiment for PAG is moderately positive, with a consensus price target of $207.88.
Penske Automotive Group, Inc. (PAG) Options Chain
This article displays the options chain for Penske Automotive Group, Inc. (PAG), including both call and put options with various strike prices and expiration dates. It provides detailed options data such as last trade date, last price, bid, ask, volume, open interest, and implied volatility. The stock's current price and recent dividend announcement are also mentioned, alongside related tickers in the automotive industry.
Penske Automotive Group Number of Employees 2026 | Employee Count & Headcount Data
Penske Automotive Group (PAG) had approximately 19,268 total employees worldwide as of March 2026, marking a 6.5% decline from 20,606 employees in 2023. The company is actively hiring, with 1,653 active job postings in 2026, a 10.1% increase from 2025. Its workforce is concentrated in North America (55.2%), with an average salary of $64,270.
Penske Automotive Group, Inc. (PAG) Investigation: Halper Sadeh LLC Investigates Whether the Proposed Buyout of Penske Automotive Group, Inc. for $210.00 Per Share Is Fair to Shareholders
Halper Sadeh LLC is investigating the proposed buyout of Penske Automotive Group, Inc. (NYSE: PAG) by Penske Corporation and Mitsui & Co., Ltd. for $210.00 per share in cash. The law firm is examining whether this offer undervalues the company and if the process leading to the proposal was fair to shareholders. Shareholders are encouraged to contact Halper Sadeh LLC for more information regarding their rights.
Penske Automotive Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Penske Automotive Group, Inc. - PAG
Kahn Swick & Foti, LLC (KSF) is investigating the proposed sale of Penske Automotive Group, Inc. (NYSE: PAG) to Penske Corporation and Mitsui & Co., Ltd. Shareholders are set to receive $210.00 per share in cash. KSF is scrutinizing whether this offering and the associated process are fair and adequate, or if the Company is being undervalued.
Used-vehicle prices keep climbing. Here’s how the 6 public dealership groups are adapting
Used-vehicle prices continue to rise, presenting challenges for the six major public dealership groups. This article will explore how these groups are adapting their strategies to navigate the current market conditions of climbing prices and supply squeezes in the used car sector.
PAG Investors Have Opportunity to Join Penske Automotive Group, Inc. Fraud Investigation with SBS Law
Schall, Brown & Schwartz LLP (SBS), a national shareholder rights litigation firm, has announced an investigation into potential breaches of fiduciary duty by the directors and management of Penske Automotive Group, Inc. (NYSE: PAG). The firm is encouraging Penske shareholders who have suffered losses to contact them to discuss their rights and participate in the investigation. SBS specializes in securities class action lawsuits and shareholder rights litigation, advocating for investors globally.
PENSKE AUTOMOTIVE GROUP INC : JP MORGAN RAISES TARGET PRICE TO $215 FROM $170
JP Morgan has increased its target price for Penske Automotive Group Inc. to $215 from the previous $170. This update was reported by Reuters on August 4, 2026. The article primarily conveys this single financial news item.
PENSKE AUTOMOTIVE GROUP INC : JP MORGAN RAISES TARGET PRICE TO $215 FROM $170
JP Morgan has increased its target price for Penske Automotive Group Inc. to $215 from $170. This adjustment reflects an updated outlook on the company's financial prospects by the investment bank.
Penske Automotive Group, Inc. (NYSE:PAG) Receives Consensus Recommendation of "Moderate Buy" from Brokerages
Penske Automotive Group (NYSE: PAG) has received a consensus "Moderate Buy" rating from brokerages, with an equal split of five buy and five hold ratings among ten firms. Despite an average 12-month price target of $202.25, below its current trading price of $217.35, the company exceeded quarterly earnings expectations, reporting $3.62 EPS against a $3.42 consensus and revenue of $8.51 billion, an 11.1% year-over-year increase. Penske also increased its quarterly dividend to $1.44 per share, translating to a 2.7% yield.
Penske Automotive Group (NYSE:PAG) Price Target Raised to $210.00 at Stephens
Stephens has raised its price target for Penske Automotive Group (NYSE:PAG) to $210.00 from $166.00, maintaining an "equal weight" rating despite a potential 4% downside. This follows Penske exceeding quarterly expectations with $3.62 EPS and $8.51 billion in revenue, an 11.1% year-over-year increase. The stock currently holds a "Moderate Buy" rating from analysts with an average price target of $202.25.
PENSKE INVESTIGATION ALERT: Kaskela Law Firm is Investigating Penske Automotive Group, Inc. (PAG) and Encourages PAG Stockholders to Contact the Firm
Kaskela Law LLC has launched an investigation into Penske Automotive Group, Inc. (PAG) after Penske Corp. and Mitsui & Co., Ltd. proposed to acquire the remaining shares for $210.00 per share. The law firm is investigating whether this offer undervalues Penske Automotive shares and is encouraging PAG stockholders to contact them to discuss their legal rights and options. Kaskela Law specializes in representing investors in securities fraud, corporate governance, and merger & acquisition litigation.
Penske Automotive Group, Inc. $PAG Shares Bought by Renaissance Technologies LLC
Renaissance Technologies LLC increased its stake in Penske Automotive Group, Inc. (PAG) by 15.6% in the first quarter, now owning 81,500 shares valued at $12.2 million. Other institutional investors also adjusted their holdings, with institutional investors and hedge funds collectively owning 77.08% of the company's stock. Penske Automotive Group exceeded Q1 earnings expectations, reporting an EPS of $3.62 and revenue of $8.51 billion, and also announced an increased quarterly dividend of $1.44 per share.
Price to sales forward of Penske Automotive Group, Inc. – NYSE:PAG
This article provides financial data for Penske Automotive Group, Inc. (NYSE: PAG), specifically its forward price-to-sales ratio. The content is primarily a data presentation, noting the market is closed with no trades. It also details the various data providers and copyright information for the financial data presented.
Penske Automotive Group Q2 Earnings Call Highlights
Penske Automotive Group reported a 6% revenue increase to $8.5 billion in Q2 2026, driven by growth in retail automotive, commercial trucks, and international operations. The company's board is evaluating an unsolicited acquisition proposal from Penske Corporation and Mitsui & Co. for $210 per share. Penske Automotive also highlighted strong performance in commercial truck demand, international growth, and strategic capital allocation, including increased dividends and share repurchases.
Penske Automotive (NYSE: PAG) faces $210 go-private proposal
Penske Automotive Group (NYSE: PAG) has received an unsolicited, preliminary, and non-binding proposal from its largest stockholders, Penske Corporation and Mitsui & Co., Ltd. (who collectively own 72.6% of outstanding common stock), to acquire all remaining shares for $210.00 per share in cash. A special committee of independent directors is currently evaluating this proposal. The company also reported first-half 2026 revenues of $16.38 billion, net income of $494.9 million, and diluted EPS of $7.52.
PAG|Penske Automotive Group Inc|Price:223.850|Chg%:+3.840
This article provides a comprehensive stock analysis of Penske Automotive Group Inc (PAG) by TradingKey. It highlights that PAG's fundamentals are stable with high growth potential, its valuation is considered fairly valued within the Specialty Retailers industry, and institutional ownership is very high. The analysis also notes that while the stock price is expected to trend up in the medium term, technicals do not fully support the current trend, indicating sideways trading suitable for range-bound swing trading.
Enterprise value to EBITDA forward of Penske Automotive Group, Inc. – NYSE:PAG
This article displays the forward Enterprise Value to EBITDA for Penske Automotive Group, Inc. (NYSE: PAG) as available on TradingView, within the financial data section for the company. It presents a specific financial metric for the company.
Penske Automotive Group Inc (PAG) (Q2 2026) Earnings Call Highlights: Record Revenue and Strong ...
Penske Automotive Group Inc (PAG) reported strong Q2 2026 results with record revenue of $8.5 billion, up 6% year-over-year, and diluted EPS of $3.96. The company saw growth in both new and used unit sales, as well as service and parts revenue, driven by improved market conditions and strategic initiatives. Key challenges included a turbulent UK automotive market due to higher taxes and Chinese brand competition, and increased SG&A expenses, though the company remains optimistic about the second half of 2026 with a strong commercial truck order book.
Penske Automotive Group Tops Q2 2026 Profit Forecast With $3.62 EPS
Penske Automotive Group (NYSE: PAG) reported strong Q2 2026 earnings, with an adjusted EPS of $3.62, beating the consensus estimate by 4.9%. The company also achieved $8.51 billion in revenue, a 6.0% increase from the prior year, driven primarily by its Retail Automotive segment. The positive results led to a 2.0% increase in stock price and reflect the company's effective execution in a stabilizing automotive retail market.
Penske’s used-car sales climb 4% in Q2, used revenues up more than 9%
Penske Automotive Group reported a 4% increase in used retail unit sales and a 9.4% rise in used revenue for Q2 2026. Despite these gains, used vehicle gross profit declined by 5.2% for the quarter. Used cars represented a growing portion of Penske's retail automotive revenue mix, reaching 33.9% in Q2.
PENSKE AUTOMOTIVE GROUP ($PAG) Releases Q2 2026 Earnings
PENSKE AUTOMOTIVE GROUP ($PAG) announced robust Q2 2026 earnings, surpassing both profit and revenue estimates. The company reported earnings of $3.62 per share against an estimated $3.45, and revenue of $8.51 billion, significantly exceeding the $8.06 billion estimate. This report also details recent insider trading activities, hedge fund movements, and current analyst price targets for PAG.
PENSKE AUTOMOTIVE GROUP REPORTS QUARTERLY RESULTS
Penske Automotive Group reported a 6% increase in revenue to $8.5 billion for the second quarter of 2026, with new and used automotive unit deliveries rising 5% to over 125,000. Despite a slight decrease in net income, the company maintained strong retail automotive gross profit per unit and saw an increase in service and parts gross margin. The company also announced a 1.4% increase in its quarterly dividend, marking its 23rd consecutive quarterly increase.
PENSKE INVESTIGATION ALERT: Kaskela Law Firm is Investigating Penske Automotive Group, Inc. (PAG) and Encourages PAG Stockholders to Contact the Firm
Kaskela Law LLC has launched an investigation into Penske Automotive Group, Inc. (PAG) following a proposal from Penske Corp. and Mitsui & Co., Ltd. to acquire the remaining shares for $210.00 per share in cash. The firm is seeking to determine if this offer undervalues the company's shares and encourages PAG stockholders to contact them regarding their legal rights and options.
Penske Automotive Group Inc (PAG) Valuation: PE, PB & Fair Value Analysis
This article provides a valuation analysis of Penske Automotive Group Inc (PAG), highlighting its current valuation score and P/E ratio. Penske Automotive Group Inc currently has a valuation score of 8.61, ranking 35th out of 93 in the Specialty Retailers industry. Its P/E ratio stands at 15.71, which is 0.00% below its recent high and 60.98% above its recent low.
Zacks Research Has Negative Estimate for PAG Q1 Earnings
Zacks Research has lowered its Q1 2027 EPS estimate for Penske Automotive Group (NYSE:PAG) to $3.45 from $3.50, although its full-year 2027 estimate remains higher than the consensus at $14.30 per share. This adjustment comes after Penske's recent quarterly results exceeded expectations, with an EPS of $3.05 and revenue of $7.86 billion, despite a slight year-over-year revenue decline. The company also raised its quarterly dividend for the 23rd consecutive time and established a special committee to review a take-private bid.
Dive into Penske Corp. and Mitsui’s proposal to take Penske Automotive public
Penske Corp. and Mitsui have put forth a $3.8 billion proposal to take Penske Automotive Group Inc. private. Experts suggest this move by Penske is unlikely to be mirrored by the other five major public franchised dealership groups. The article by John Huetter was published on July 26, 2026, at 07:00 AM EDT.
PAG|Penske Automotive Group Inc|Price:216.450|Chg%:-0.900
Penske Automotive Group Inc (PAG) shows healthy fundamentals and high growth potential, though its valuation is considered fairly valued within the Specialty Retailers industry. While the stock has seen strong market performance and outperforming fundamentals recently, technical indicators suggest a sideways trading pattern suitable for range-bound swing trading. Analysts rate PAG as a "Hold" with a target price of $206.375.
Why minority shareholder opinion matters in bid to take Penske Automotive private
Penske Corp. and Mitsui & Co. are bidding $3.8 billion to take Penske Automotive private, and Chairman Roger Penske stated they will respect the wishes of minority shareholders. This move is not expected to trigger similar privatization bids from other major public dealership groups. The article highlights the importance of minority shareholder opinion in this significant financial transaction.
Penske and Mitsui seek to take Penske Auto private in $3.8B deal
Penske Corp. and Mitsui & Co. Ltd., along with Mitsui’s U.S. subsidiary, have proposed to acquire the remaining 27.8% of Penske Automotive Group that they do not currently own, aiming to take the company private in a deal valued at an estimated $3.8 billion. This move, priced at $210 per share, aligns with a growing trend of companies opting to remain private longer, allowing for greater nimbleness and reduced oversight, according to industry experts. Penske Automotive Group, which operates dealerships across multiple countries, is known for its strong brand mix, especially in luxury franchises.
