Penske Automotive Group
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 filings 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]
0.09% more ownership
Funds ownership: 23.97% [Q3] → 24.06% (+0.09%) [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: $2.59B [Q3] → $2.45B (-$137M) [Q4]
80% less call options, than puts
Call options by funds: $4.84M | Put options by funds: $24M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
JP Morgan Rajat Gupta 63% 1-year accuracy 29 / 46 met price target | 3%downside $140 | Underweight Maintained | 27 Mar 2025 |
Stephens & Co. Jeff Lick 45% 1-year accuracy 5 / 11 met price target | 14%upside $165 | Equal-Weight Reiterated | 18 Feb 2025 |
Financial journalist opinion
Based on 5 articles about PAG published over the past 30 days
