Penske Automotive Group (PAG)

• Market cap: $10.4B
• 1 day: -1.22%
• 5 days: 0.12%
• 1 month: 8.12%
• 3 months: -7.42%
• 6 months: 2.13%
• Year to date: 3.66%
• 1 year: 1.80%
• 5 years: 332.66%
• 10 years: 218.93%
• Sector: Consumer Discretionary
• Industry: Auto & Truck Dealerships

About: Penske Automotive Group operates in 19 US states and overseas. It has over 150 US and Puerto Rico light-vehicle stores as well as 210 franchised dealerships overseas, primarily in the United Kingdom but also in Australia, Germany, Italy, and Japan. The company is the third-largest US publicly traded dealership in terms of light-vehicle revenue and sells more than 40 brands, with over 90% of retail automotive revenue coming from luxury and import names. Other segments are service and finance and insurance. The firm's Premier Truck Group owns 45 truck dealerships selling mostly Freightliner and Western Star brands, and Penske owns 16 used-vehicle stores, mostly in the US and UK under the CarShop (US) and Sytner Select (UK) brands. Penske is based in Bloomfield Hills, Michigan.

Employees: 28,900

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

13% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 46

0% more funds holding

Funds holding: 368 [Q3] → 369 (+1) [Q4]

0.24% more ownership

Funds ownership: 23.81% [Q3] → 24.06% (+0.24%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]

5% less repeat investments, than reductions

Existing positions increased: 123 | Existing positions reduced: 129

5% less capital invested

Capital invested by funds: $2.57B [Q3] → $2.45B (-$120M) [Q4]

80% less call options, than puts

Call options by funds: $4.84M | Put options by funds: $24M

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $140 10% downside
• Avg. target: $163 5% upside
• High target: $185 19% upside

3 analyst ratings

• positive: 1 33%
• neutral: 1 33%
• negative: 1 33%

Citigroup Michael Ward 58% 1-year accuracy 11 / 19 met price target	19% upside $185	Buy Initiated	23 Apr 2025
JP Morgan Rajat Gupta 61% 1-year accuracy 27 / 44 met price target	10% downside $140	Underweight Maintained	27 Mar 2025
Stephens & Co. Jeff Lick 64% 1-year accuracy 7 / 11 met price target	6% upside $165	Equal-Weight Reiterated	18 Feb 2025