Aaron’s Holdings Company, Inc. $PRG Shares Purchased by Moran Wealth Management LLC

Moran Wealth Management LLC boosted its holdings in Aaron’s Holdings Company, Inc. (NYSE:PRG) by 91.2% during the 4th quarter, Holdings Channel reports. The fund owned 124,321 shares of the company’s stock after acquiring an additional 59,297 shares during the quarter. Moran Wealth Management LLC’s holdings in Aaron’s were worth $3,666,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently modified their holdings of the company. GAMMA Investing LLC increased its position in shares of Aaron’s by 45.3% during the 4th quarter. GAMMA Investing LLC now owns 1,806 shares of the company’s stock valued at $53,000 after purchasing an additional 563 shares during the period. Legato Capital Management LLC increased its position in shares of Aaron’s by 1.2% during the 3rd quarter. Legato Capital Management LLC now owns 48,451 shares of the company’s stock valued at $1,568,000 after purchasing an additional 564 shares during the period. WealthCollab LLC increased its position in shares of Aaron’s by 28.1% during the 3rd quarter. WealthCollab LLC now owns 2,680 shares of the company’s stock valued at $87,000 after purchasing an additional 588 shares during the period. Diversified Trust Co increased its position in shares of Aaron’s by 7.1% during the 3rd quarter. Diversified Trust Co now owns 9,263 shares of the company’s stock valued at $300,000 after purchasing an additional 616 shares during the period. Finally, Swiss National Bank increased its position in shares of Aaron’s by 0.9% during the 3rd quarter. Swiss National Bank now owns 78,200 shares of the company’s stock valued at $2,531,000 after purchasing an additional 700 shares during the period. 97.92% of the stock is currently owned by institutional investors and hedge funds.

Aaron’s Stock Performance

Shares of NYSE PRG opened at $32.37 on Friday. The company has a quick ratio of 2.32, a current ratio of 4.71 and a debt-to-equity ratio of 0.80. The stock has a market capitalization of $1.28 billion, a price-to-earnings ratio of 8.99 and a beta of 1.81. The stock’s fifty day simple moving average is $31.62 and its 200 day simple moving average is $30.88. Aaron’s Holdings Company, Inc. has a 52-week low of $24.51 and a 52-week high of $41.14.

Aaron’s (NYSE:PRG) last issued its earnings results on Wednesday, February 18th. The company reported $0.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.14. The business had revenue of $525.36 million for the quarter, compared to analysts’ expectations of $581.82 million. Aaron’s had a return on equity of 20.99% and a net margin of 5.97%.The company’s quarterly revenue was down 5.2% on a year-over-year basis. During the same period in the previous 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. As a group, sell-side analysts forecast that Aaron’s Holdings Company, Inc. will post 3.45 earnings per share for the current fiscal year.

Aaron’s Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Thursday, March 12th were issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Thursday, March 12th. This is a positive change from Aaron’s’s previous quarterly dividend of $0.13. Aaron’s’s payout ratio is presently 15.56%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on PRG shares. Wall Street Zen upgraded Aaron’s from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Weiss Ratings reiterated a “hold (c)” rating on shares of Aaron’s in a research report on Thursday, January 22nd. TD Cowen lifted their price target on Aaron’s from $42.00 to $43.00 and gave the company a “buy” rating in a research report on Wednesday, March 11th. Finally, Zacks Research upgraded Aaron’s from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 20th. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of $41.80.

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.