Hudson Edge Investment Partners Inc. Sells 1,285 Shares of Aaron’s Holdings Company, Inc. $PRG

Hudson Edge Investment Partners Inc. trimmed its position in Aaron’s Holdings Company, Inc. (NYSE:PRG) by 5.9% during the second quarter, HoldingsChannel.com reports. The fund owned 20,408 shares of the company’s stock after selling 1,285 shares during the quarter. Hudson Edge Investment Partners Inc.’s holdings in Aaron’s were worth $599,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in PRG. Caitong International Asset Management Co. Ltd increased its stake in Aaron’s by 785.6% in the first quarter. Caitong International Asset Management Co. Ltd now owns 1,045 shares of the company’s stock valued at $28,000 after acquiring an additional 927 shares during the last quarter. GAMMA Investing LLC increased its stake in Aaron’s by 66.2% in the second quarter. GAMMA Investing LLC now owns 1,122 shares of the company’s stock valued at $33,000 after acquiring an additional 447 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Aaron’s by 13.8% during the first quarter. PNC Financial Services Group Inc. now owns 3,411 shares of the company’s stock worth $91,000 after buying an additional 413 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Aaron’s during the first quarter worth $215,000. Finally, Headlands Technologies LLC grew its stake in shares of Aaron’s by 1,522.8% during the first quarter. Headlands Technologies LLC now owns 8,098 shares of the company’s stock worth $215,000 after buying an additional 7,599 shares during the last quarter. 97.92% of the stock is owned by institutional investors.

Aaron’s Stock Performance

Shares of Aaron’s stock opened at $31.61 on Friday. The company has a quick ratio of 2.82, a current ratio of 5.71 and a debt-to-equity ratio of 0.89. Aaron’s Holdings Company, Inc. has a twelve month low of $23.50 and a twelve month high of $50.12. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of 6.25 and a beta of 1.79. The company’s fifty day moving average is $33.80 and its 200 day moving average is $30.03.

Aaron’s (NYSE:PRG) last issued its quarterly earnings data on Wednesday, July 23rd. The company reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.23. Aaron’s had a net margin of 8.53% and a return on equity of 22.54%. The company had revenue of $604.66 million for the quarter, compared to analysts’ expectations of $586.25 million. During the same quarter in the previous year, the firm posted $0.92 earnings per share. Aaron’s’s revenue for the quarter was up 2.1% on a year-over-year basis. Aaron’s has set its Q3 2025 guidance at 0.700-0.750 EPS. FY 2025 guidance at 3.200-3.350 EPS. Sell-side analysts forecast that Aaron’s Holdings Company, Inc. will post 3.45 EPS for the current year.

Aaron’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Tuesday, August 19th were paid a $0.13 dividend. The ex-dividend date of this dividend was Tuesday, August 19th. This represents a $0.52 annualized dividend and a dividend yield of 1.6%. Aaron’s’s payout ratio is currently 10.28%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on PRG shares. Wall Street Zen raised shares of Aaron’s from a “hold” rating to a “buy” rating in a research note on Saturday, September 6th. BTIG Research cut shares of Aaron’s from a “neutral” rating to a “sell” rating and set a $24.00 target price on the stock. in a research note on Monday, July 14th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Aaron’s presently has a consensus rating of “Moderate Buy” and a consensus target price of $41.00.

Aaron’s Company Profile

PROG Holdings, Inc (NYSE:PRG) is a financial technology holding company based in Salt Lake City, Utah with three business segments: Progressive Leasing, which offers lease-to-own transactions primarily to credit-challenged consumers through e-commerce and point-of-sale retail partners, via online, mobile, and in-store solutions; Vive Financial, which provides consumers who may not qualify for traditional prime lending with a variety of second-look, revolving credit products through private label and branded credit cards; and Four Technologies, which provides consumers of all credit backgrounds Buy Now, Pay Later (BNPL) options through four interest-free installments via its platform, Four.