Penske Automotive Group, INC
Market Movers (8-K)
NYSE
Penske Automotive Group reported a 6% revenue increase to $8.5 billion for Q2 2026, with net income at $260.4 million, slightly down from the prior year.
NYSE
Penske Automotive Group announced its 23rd consecutive quarterly dividend increase, raising the payout to $1.44 per share, reflecting business strength and a disciplined capital allocation strategy.
NYSE
Penske Automotive Group confirms receipt of an unsolicited, preliminary, and non-binding proposal from Penske Corporation and Mitsui & Co., Ltd. to acquire the remaining shares for $210 per share.
NYSE
Penske Automotive Group announced its 22nd consecutive quarterly dividend increase, raising the payout to $1.42 per share.
NYSE
Penske Automotive Group announced its first quarter 2026 financial results, highlighting sequential gross profit increases in new and used vehicles and strong service and parts revenue, despite a year-over-year decline in net income.
Worse than expected
NYSE
Penske Automotive Group reports a decline in Q4 2025 revenue and net income, alongside a dividend increase and strategic acquisitions.
Worse than expected
Quarterly Earnings (10-Q)
NYSE
Penske Automotive Group reported mixed results for Q2 2026, with revenue growth offset by declining profitability in new vehicle sales.
NYSE
Penske Automotive Group reports Q1 2026 net income of $234.5 million, reflecting a challenging retail environment and lower commercial truck sales.
Worse than expected
NYSE
Penske Automotive Group reports mixed Q3 results with declining net income, but strong nine-month performance and increased dividends, while facing new supply chain and macroeconomic challenges.
Worse than expected
Capital raise
Delay expected
NYSE
10-Q: Penske Automotive Reports Strong Q2 Earnings Amidst Shifting Market Dynamics and Tariff Concerns
Penske Automotive Group, Inc. reported increased net income and earnings per share for the second quarter and first half of 2025, driven by a one-time dealership sale gain and robust service and parts revenue, despite declines in new and used vehicle unit sales and significant industry headwinds from tariffs and evolving EV regulations.
Better than expected
NYSE
Penske Automotive Group amends its U.S. credit agreement to lower interest rates and reports increased revenue and net income for Q1 2025, despite challenges in used vehicle sales and tariffs.
NYSE
Penske Automotive Group's Q3 2024 results show a slight revenue increase but a decrease in net income, influenced by market changes and strategic transitions.
Worse than expected
Annual Reports (10-K)
NYSE
Penske Automotive Group reports $31.8 billion in 2025 revenue, driven by strong service and parts growth, while facing headwinds in new vehicle sales and commercial truck markets.
Worse than expected
Delay expected
Capital raise
NYSE
Penske Automotive Group's 2024 10-K filing reveals a diversified transportation services company with $30.5 billion in revenue, facing challenges from supply chain issues, market volatility, and evolving regulatory landscapes.
Delay expected
Worse than expected
NYSE
Penske Automotive Group executes a tenth supplemental indenture and files its 2023 annual report, highlighting a year of significant revenue and strategic growth.
Worse than expected
Insider Trading (Form 4)
NYSE
Director Lisa Ann Davis acquired 209 deferred stock units as part of her compensation package with Penske Automotive Group.
NYSE
Penske Automotive Group director David Hoogendoorn acquired 12 deferred stock units as part of standard compensation.
NYSE
Penske Automotive Group Director Sandra E. Pierce acquired 98 deferred stock units as part of board compensation.
NYSE
Director Wolfgang Duerheimer acquired 195 deferred stock units in Penske Automotive Group, Inc. as part of director compensation.
NYSE
Director Greg C. Smith acquired 178 deferred stock units as part of his compensation package with Penske Automotive Group.
NYSE
Director Raymond E. Scott acquired 12 deferred stock units as part of his compensation package with Penske Automotive Group.
Proxy Statements (Def-14A)
NYSE
Penske Automotive Group delivered strong 2025 financial results, including $31.8 billion in revenue and $14.13 EPS, while expanding operations and returning capital to shareholders.
Capital raise
Worse than expected
NYSE
Penske Automotive Group, Inc. has filed a definitive proxy statement with the SEC.
NYSE
Penske Automotive Group's proxy statement details the agenda for the 2025 annual meeting, director nominations, executive compensation, and corporate governance practices.
NYSE
Penske Automotive Group, Inc. files a definitive proxy statement with the SEC.
NYSE
DEF 14A: Penske Automotive Group Announces Annual Meeting of Stockholders and Details 2023 Performance
Penske Automotive Group's proxy statement details the agenda for the 2024 annual meeting, director nominees, executive compensation, and corporate governance practices, highlighting a strong financial performance in 2023.
Schedule 13D - Activist Investments
NYSE
Penske Corporation and Roger S. Penske, along with Mitsui & Co., have submitted a non-binding proposal to acquire all outstanding shares of Penske Automotive Group not already owned by the investor group for $210.00 per share.
Capital raise
NYSE
Mitsui & Co. and its affiliate have submitted a non-binding proposal to acquire all outstanding shares of Penske Automotive Group not already owned for $210 per share in cash.
Capital raise
NYSE
SCHEDULE 13D/A: Mitsui & Co. Reaffirms 20.1% Stake in Penske Automotive Group, Updates Services Agreement
Mitsui & Co., Ltd. and Mitsui & Co. (U.S.A.), Inc. have filed an Amendment No. 13 to their Schedule 13D, confirming their beneficial ownership of 20.1% of Penske Automotive Group, Inc.'s common stock and detailing an updated services agreement.