Welcome to our dedicated page for Penske Automotv news (Ticker: PAG), a resource for investors and traders seeking the latest updates and insights on Penske Automotv stock.
Penske Automotive Group reports news on its automotive retail, commercial truck dealership, service and parts, and finance and insurance operations. The company is a diversified international transportation services business with franchised automotive dealerships, commercial truck dealerships, used-vehicle stores, commercial vehicle distribution and power systems operations, and joint venture interests tied to Penske Transportation Solutions.
Recurring updates for PAG cover quarterly operating results, same-store vehicle sales, gross profit per unit, service and parts revenue, truck-market conditions, dealership acquisitions, credit-agreement funding, dividends, share repurchases, and balance-sheet and capital-allocation activity. Company announcements also include completed dealership additions in markets such as California, Texas, and Florida, including Toyota and Lexus franchises.
Penske Automotive Group (NYSE: PAG) announced that its Board of Directors approved a quarterly cash dividend of $1.44 per share, up $0.02 or 1.4%, marking the company's 23rd consecutive quarterly dividend increase. The new rate equates to an annualized dividend of $5.76 per share.
The dividend is payable on September 1, 2026, to shareholders of record as of August 14, 2026. According to Penske Automotive Group, the decision aligns with its strategy of returning capital through dividends, share repurchases, and strategic acquisitions.
Penske Automotive Group (NYSE: PAG) reported that its Board has received an unsolicited, preliminary and non-binding proposal from Penske Corporation and Mitsui & Co. to acquire all PAG common shares they and their affiliates do not already own for $210 in cash per share. Penske Corporation, Mitsui and their affiliates currently beneficially own 72.6% of PAG’s outstanding common stock, and a copy of the proposal will be filed as an exhibit to a Form 8-K.
The Board has formed a special committee of disinterested and independent directors to review and consider the proposal, with authority to retain independent legal and financial advisors. The company cautioned there is no assurance any transaction will be agreed or completed and stated that shareholders do not need to take any action at this time.
Penske Automotive Group (NYSE: PAG) will release financial results for the three and six months ended June 30, 2026 on the morning of Wednesday, July 29, 2026. An investor presentation and earnings press release will be available in the Investors section of the company’s website.
A conference call and live audio webcast to discuss these results is scheduled for 2:00 PM Eastern Time/b) on July 29, 2026. Investors can access the webcast via a dedicated Q4 link or join by phone using U.S. and international dial-in numbers with conference ID 895612473. A webcast replay will be available for 7 days beginning at approximately 5:00 PM on the day of the call.
Penske Automotive Group (NYSE:PAG) announced its Board approved a quarterly dividend of $1.42 per share, up $0.02, or about 1.4%. This marks the 22nd consecutive quarterly dividend increase. The dividend is payable June 3, 2026 to shareholders of record on May 26, 2026.
Penske Automotive Group (NYSE: PAG) reported Q1 2026 revenue of $7.86 billion, GAAP net income attributable to common stockholders of $234.5 million and EPS of $3.56. Adjusted net income fell 16% to $200.6 million and adjusted EPS fell 15% to $3.05. The company completed acquisitions expected to add $450 million in estimated annualized revenue, repurchased 170,393 shares for about $26.4 million, and noted a 24% increase in PTS earnings to $41.1 million.
Paralyzed Veterans of America announced a $1.08 million donation from Penske Automotive Group on April 20, 2026, through the company's Service Matters campaign. The gift brings Penske's partnership total to more than $12 million since 2015 and supports PVA's 80th anniversary mission.
The funds combine customer and employee contributions with company matching to support veterans with spinal cord injuries and diseases, access to benefits, specialized care, and career resources.
Penske Automotive Group (NYSE: PAG) will release first-quarter 2026 financial results on the morning of Wednesday, April 29, 2026 and will host a conference call and audio webcast the same day at 2:00 PM Eastern Time.
An investor presentation and earnings press release will be available beginning the morning of April 29 on the company website; a webcast replay will be accessible for seven days starting about 5:00 PM on the day of the call.
Penske Automotive Group (NYSE: PAG) completed the acquisition of Lexus of Orlando and Lexus of Winter Park on Feb. 24, 2026, expanding its Florida footprint. The dealerships are expected to add an estimated $450 million in annualized revenue, bringing acquired annualized revenue since Nov. 2025 to $2 billion. The company said the deal increases its Florida-derived revenue by almost 50% and was funded with cash flow from operations and availability under its U.S. credit agreement.
Penske Automotive Group (NYSE: PAG) reported Q4 2025 revenue of $7.8 billion and net income attributable to common stockholders of $186.1 million (EPS $2.83), versus $8.1 billion and $249.3 million (EPS $3.73) a year earlier. Adjusted Q4 net income was $191.5 million (adj. EPS $2.91), down 23% and 22% respectively. For FY2025, revenue was $31.8 billion (flat), net income was $935.4 million (EPS $14.13), and adjusted net income was $922.8 million (adj. EPS $13.94). The board raised the quarterly cash dividend to $1.40 per share and repurchased 1,178,411 shares in 2025. Liquidity was about $1.6 billion and leverage 1.5x. Material dealership transactions included the November acquisition of Penske Motor Group (expected revenue ~$1.5 billion) and a signed agreement to acquire two Lexus dealerships (~$450 million annualized).
Penske Automotive Group (NYSE: PAG) signed an agreement to acquire Lexus of Orlando and Lexus of Winter Park in the Orlando metro area, a transaction expected to add $450 million in annualized revenue. Closing is expected in Q1 2026 and remains subject to customary conditions. The company plans to fund the purchase with cash flow from operations and availability under its U.S. credit agreement. The acquisition is described as a strategic expansion of PAG's scale in Central Florida and will leverage the company's existing local infrastructure.