Deutsche Bank AG Purchases Shares of 31,140 Penske Automotive Group, Inc. $PAG

Posted by George Bondi on Aug 25th, 2026

Deutsche Bank AG purchased a new stake in Penske Automotive Group, Inc. (NYSE:PAG – Free Report) during the second quarter, HoldingsChannel.com reports. The fund purchased 31,140 shares of the company’s stock, valued at approximately $5,573,000.

Several other large investors have also modified their holdings of PAG. Victory Capital Management Inc. lifted its position in Penske Automotive Group by 6.7% during the 4th quarter. Victory Capital Management Inc. now owns 1,484,075 shares of the company’s stock worth $234,914,000 after acquiring an additional 92,794 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Penske Automotive Group by 11.9% in the first quarter. Dimensional Fund Advisors LP now owns 1,447,910 shares of the company’s stock valued at $216,489,000 after purchasing an additional 154,443 shares during the last quarter. Diamant Asset Management Inc. grew its position in shares of Penske Automotive Group by 14,852.0% in the first quarter. Diamant Asset Management Inc. now owns 884,411 shares of the company’s stock valued at $132,237,000 after purchasing an additional 878,496 shares during the last quarter. Bank of Montreal Can increased its stake in shares of Penske Automotive Group by 39,232.7% in the fourth quarter. Bank of Montreal Can now owns 863,352 shares of the company’s stock worth $136,660,000 after purchasing an additional 861,157 shares during the period. Finally, AQR Capital Management LLC increased its stake in shares of Penske Automotive Group by 6.6% in the third quarter. AQR Capital Management LLC now owns 726,490 shares of the company’s stock worth $125,043,000 after purchasing an additional 44,749 shares during the period. 77.08% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages recently weighed in on PAG. Citigroup downgraded Penske Automotive Group from a “buy” rating to a “neutral” rating and increased their target price for the company from $199.00 to $210.00 in a research note on Thursday, July 23rd. JPMorgan Chase & Co. upped their price target on Penske Automotive Group from $170.00 to $215.00 and gave the stock a “neutral” rating in a report on Tuesday, August 4th. Bank of America upped their price target on Penske Automotive Group from $200.00 to $238.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Stephens increased their price objective on Penske Automotive Group from $166.00 to $210.00 and gave the company an “equal weight” rating in a research report on Monday, August 3rd. Finally, Weiss Ratings upgraded shares of Penske Automotive Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, July 10th. Five investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Penske Automotive Group currently has an average rating of “Moderate Buy” and a consensus target price of $208.50.

Check Out Our Latest Analysis on Penske Automotive Group

Insiders Place Their Bets

In other Penske Automotive Group news, CFO Michelle Hulgrave sold 1,500 shares of Penske Automotive Group stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $171.80, for a total transaction of $257,700.00. Following the sale, the chief financial officer owned 17,596 shares in the company, valued at $3,022,992.80. The trade was a 7.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 52.90% of the stock is owned by corporate insiders.

Penske Automotive Group Trading Up 0.6%

Penske Automotive Group stock opened at $218.24 on Tuesday. The business has a 50 day moving average price of $200.89 and a two-hundred day moving average price of $175.21. The company has a quick ratio of 0.21, a current ratio of 0.98 and a debt-to-equity ratio of 0.36. Penske Automotive Group, Inc. 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 price-to-earnings ratio of 16.07, a price-to-earnings-growth ratio of 2.88 and a beta of 0.84.

Penske Automotive Group (NYSE:PAG – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $3.62 earnings per share for the quarter, topping the consensus estimate of $3.42 by $0.20. The company had revenue of $8.51 billion for the quarter, compared to analyst estimates of $7.98 billion. Penske Automotive Group had a return on equity of 14.78% and a net margin of 2.81%.Penske Automotive Group’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter last year, the firm earned $3.78 EPS. As a group, equities analysts forecast that Penske Automotive Group, Inc. will post 13.61 EPS for the current year.

Penske Automotive Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 14th will be given a $1.44 dividend. This represents a $5.76 annualized dividend and a yield of 2.6%. This is an increase from Penske Automotive Group’s previous quarterly dividend of $1.42. The ex-dividend date of this dividend is Friday, August 14th. Penske Automotive Group’s dividend payout ratio (DPR) is 42.42%.

About Penske Automotive Group

(Free Report)

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.