Analysts’ Recent Ratings Changes for Penske Automotive Group (PAG)

Several brokerages have updated their recommendations and price targets on shares of Penske Automotive Group (NYSE: PAG) in the last few weeks:

• 7/23/2026 – Penske Automotive Group was downgraded by Citigroup Inc. from “buy” to “neutral”. They now have a $210.00 price target on the stock, up from $199.00.
• 7/22/2026 – Penske Automotive Group was downgraded by Benchmark Co. from “buy” to “hold”.
• 7/15/2026 – Penske Automotive Group had its price target raised by Barclays PLC from $190.00 to $220.00. They now have an “overweight” rating on the stock.
• 7/10/2026 – Penske Automotive Group was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
• 7/10/2026 – Penske Automotive Group was given a new $190.00 price target by UBS Group AG.
• 7/10/2026 – Penske Automotive Group had its “buy” rating reaffirmed by Benchmark Co..
• 7/10/2026 – Penske Automotive Group had its price target raised by UBS Group AG from $167.00 to $192.00. They now have a “neutral” rating on the stock.
• 7/9/2026 – Penske Automotive Group had its price target raised by Bank of America Corporation from $200.00 to $238.00. They now have a “buy” rating on the stock.
• 6/11/2026 – Penske Automotive Group had its “hold (c+)” rating reaffirmed by Weiss Ratings.

Penske Automotive Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th will be issued a $1.44 dividend. This represents a $5.76 dividend on an annualized basis and a yield of 2.6%. This is a boost from Penske Automotive Group’s previous quarterly dividend of $1.42. The ex-dividend date is Friday, August 14th. Penske Automotive Group’s dividend payout ratio is currently 42.99%.

Insider Transactions at Penske Automotive Group

In related news, CFO Michelle Hulgrave sold 1,500 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $171.80, for a total value of $257,700.00. Following the transaction, the chief financial officer owned 17,596 shares in the company, valued at $3,022,992.80. The trade was a 7.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Greg C. Smith sold 1,488 shares of the stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $160.02, for a total transaction of $238,109.76. The SEC filing for this sale provides additional information. 52.90% of the stock is currently owned by corporate insiders.

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.