Penske Automotive Group stock hits 52-week high at 180.16 USD

Penske Automotive Group Inc (NYSE:PAG). stock reached a new 52-week high, touching 180.16 USD, marking a significant milestone for the company. With a market capitalization of $11.85 billion and robust financial health score rated as "GOOD" by InvestingPro, the company demonstrates strong market positioning. Over the past year, the stock has delivered a total return of 24.87%, with particularly impressive six-month gains of 20.23%, reflecting strong performance and investor confidence. The company maintains a healthy dividend yield of 2.83% and has increased its dividend for four consecutive years. This achievement underscores the company’s resilience and growth potential in the automotive sector, as it continues to capitalize on market opportunities and operational efficiencies. With annual revenue exceeding $30 billion and a P/E ratio of 12.5, the recent high serves as a positive indicator for stakeholders and highlights Penske’s robust position in the industry. Discover more detailed insights and 8 additional ProTips about PAG on InvestingPro.

In other recent news, Penske Automotive Group reported its first-quarter 2025 financial results, showcasing an adjusted earnings per share (EPS) of $3.39, surpassing the anticipated $3.23. However, the company’s revenue of $7.6 billion fell short of the projected $7.71 billion. Despite the revenue miss, Penske’s diversified business model helped maintain resilience, with the UK market seeing a 6% rise. Citi analyst Michael Ward increased the price target for Penske Automotive to $195 from $185, maintaining a Buy rating, due to the company’s limited exposure to potential tariff increases. Penske Automotive also announced a 3.3% increase in its quarterly dividend, now at $1.26 per share, marking the 18th consecutive quarterly rise, and expanded its securities repurchase authorization by $250 million. The company’s international operations, accounting for 40% of revenue, showed strong performance, particularly in the UK, where new vehicle registrations increased by 6%. Penske’s 28.9% stake in Penske Transportation Solutions continues to contribute significantly, adding approximately $200 million in equity income.

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