Jefferies Financial Group Inc. Acquires Shares of 23,240 Penske Automotive Group, Inc. $PAG

Posted by Stanley Muller on May 27th, 2026

Jefferies Financial Group Inc. acquired a new stake in shares of Penske Automotive Group, Inc. (NYSE:PAG – Free Report) in the fourth quarter, HoldingsChannel reports. The fund acquired 23,240 shares of the company’s stock, valued at approximately $3,679,000.

A number of other hedge funds have also recently bought and sold shares of PAG. Goldman Sachs Group Inc. grew its stake in Penske Automotive Group by 28.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 380,267 shares of the company’s stock valued at $54,751,000 after purchasing an additional 84,045 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Penske Automotive Group by 4.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 68,884 shares of the company’s stock valued at $9,918,000 after purchasing an additional 3,100 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in Penske Automotive Group during the 1st quarter valued at approximately $42,000. EverSource Wealth Advisors LLC grew its stake in Penske Automotive Group by 506.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 880 shares of the company’s stock valued at $151,000 after purchasing an additional 735 shares in the last quarter. Finally, Brown Advisory Inc. grew its stake in Penske Automotive Group by 47.0% during the 2nd quarter. Brown Advisory Inc. now owns 3,108 shares of the company’s stock valued at $534,000 after purchasing an additional 994 shares in the last quarter. Institutional investors and hedge funds own 77.08% of the company’s stock.

Penske Automotive Group Price Performance

Shares of PAG opened at $166.55 on Wednesday. The firm has a market cap of $10.95 billion, a price-to-earnings ratio of 12.43, a PEG ratio of 2.14 and a beta of 0.90. The stock has a 50 day moving average of $157.52 and a 200-day moving average of $160.45. The company has a current ratio of 0.96, a quick ratio of 0.22 and a debt-to-equity ratio of 0.39. Penske Automotive Group, Inc. has a 52 week low of $140.12 and a 52 week high of $189.51.

Penske Automotive Group (NYSE:PAG – Get Free Report) last issued its earnings results on Wednesday, April 29th. The company reported $3.05 EPS for the quarter, topping the consensus estimate of $2.91 by $0.14. The company had revenue of $7.86 billion during the quarter, compared to analyst estimates of $7.71 billion. Penske Automotive Group had a return on equity of 15.13% and a net margin of 2.85%.The business’s revenue was down 1.1% on a year-over-year basis. During the same quarter last year, the firm earned $3.66 EPS. As a group, analysts forecast that Penske Automotive Group, Inc. will post 13.44 EPS for the current year.

Penske Automotive Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 3rd. Investors of record on Tuesday, May 26th will be issued a $1.42 dividend. This is a positive change from Penske Automotive Group’s previous quarterly dividend of $1.40. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $5.68 annualized dividend and a dividend yield of 3.4%. Penske Automotive Group’s dividend payout ratio (DPR) is 41.79%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on PAG shares. Citigroup raised their price objective on Penske Automotive Group from $193.00 to $199.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Barclays lowered their price objective on Penske Automotive Group from $195.00 to $190.00 and set an “overweight” rating for the company in a research note on Tuesday, April 7th. JPMorgan Chase & Co. raised their price objective on Penske Automotive Group from $165.00 to $170.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Stephens raised their price objective on Penske Automotive Group from $155.00 to $160.00 and gave the company an “equal weight” rating in a research note on Monday, May 4th. Finally, UBS Group started coverage on Penske Automotive Group in a research report on Wednesday. They issued a “neutral” rating and a $167.00 target price for the company. Six analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, Penske Automotive Group currently has an average rating of “Moderate Buy” and an average target price of $182.63.

Get Our Latest Stock Analysis on PAG

Insider Activity

In related news, Director Greg C. Smith sold 1,488 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $160.02, for a total value of $238,109.76. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 52.90% of the company’s stock.

Penske Automotive Group Company Profile

(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.