Penske Automotive Group (PAG) reports strong financials and dividend increase

From Yahoo Finance: 2025-05-21 13:05:00

Penske Automotive Group, Inc. (PAG) is trading at $166.08 with a trailing P/E of 11.70 and forward P/E of 12. The company raised its dividend by 3.3% to $1.26 per share, reflecting strong operational momentum. Revenue climbed 2% year-over-year to $7.6 billion, with net income surging 13.5% to $244.3 million.

With a conservative leverage ratio of 1.2x, Penske Automotive Group, Inc. (PAG) offers a compelling blend of income, stability, and global diversification. Trading at $166.54 per share, the company has repurchased over 750,000 shares in the quarter for $111 million, with $45.8 million still authorized for buybacks.

Penske Automotive Group, Inc. (PAG) is not among the 30 Most Popular Stocks Among Hedge Funds, with only 29 hedge fund portfolios holding PAG at the end of the fourth quarter. While PAG has potential, some AI stocks may offer greater promise for higher returns in a shorter timeframe.

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Read more: Penske Automotive Group, Inc. (PAG): A Bull Case Theory