Tudor Investment Corp ET AL Trims Stock Position in Aaron’s Holdings Company, Inc. $PRG

Tudor Investment Corp ET AL cut its stake in Aaron’s Holdings Company, Inc. (NYSE:PRG) by 35.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 155,415 shares of the company’s stock after selling 85,867 shares during the period. Tudor Investment Corp ET AL owned about 0.39% of Aaron’s worth $5,029,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Legato Capital Management LLC lifted its stake in shares of Aaron’s by 1.2% during the third quarter. Legato Capital Management LLC now owns 48,451 shares of the company’s stock valued at $1,568,000 after buying an additional 564 shares during the period. WealthCollab LLC raised its stake in Aaron’s by 28.1% during the third quarter. WealthCollab LLC now owns 2,680 shares of the company’s stock worth $87,000 after purchasing an additional 588 shares during the period. Diversified Trust Co raised its stake in Aaron’s by 7.1% during the third quarter. Diversified Trust Co now owns 9,263 shares of the company’s stock worth $300,000 after purchasing an additional 616 shares during the period. Swiss National Bank raised its stake in Aaron’s by 0.9% during the third quarter. Swiss National Bank now owns 78,200 shares of the company’s stock worth $2,531,000 after purchasing an additional 700 shares during the period. Finally, Dean Capital Management raised its stake in Aaron’s by 1.2% during the third quarter. Dean Capital Management now owns 77,406 shares of the company’s stock worth $2,505,000 after purchasing an additional 926 shares during the period. 97.92% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

PRG has been the topic of a number of recent analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Aaron’s in a research note on Thursday, January 22nd. B. Riley Financial initiated coverage on shares of Aaron’s in a research note on Tuesday, December 16th. They set a “buy” rating and a $50.00 price target on the stock. Wall Street Zen raised shares of Aaron’s from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. Zacks Research raised shares of Aaron’s from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 20th. Finally, TD Cowen increased their price target on shares of Aaron’s from $42.00 to $43.00 and gave the stock a “buy” rating in a research note on Wednesday, March 11th. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $41.80.

Aaron’s Price Performance

Aaron’s stock opened at $29.13 on Thursday. Aaron’s Holdings Company, Inc. has a 52-week low of $23.89 and a 52-week high of $41.14. The firm has a fifty day moving average of $32.04 and a 200-day moving average of $31.05. The firm has a market capitalization of $1.15 billion, a P/E ratio of 8.09 and a beta of 1.81. The company has a quick ratio of 2.32, a current ratio of 4.71 and a debt-to-equity ratio of 0.80.

Aaron’s (NYSE:PRG) last released its quarterly earnings data on Wednesday, February 18th. The company reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.14. Aaron’s had a net margin of 5.97% and a return on equity of 20.99%. The company had revenue of $525.36 million during the quarter, compared to analyst estimates of $581.82 million. During the same quarter in the prior year, the business earned $0.80 earnings per share. The business’s quarterly revenue was down 5.2% compared to the same quarter last year. Aaron’s has set its Q1 2026 guidance at 0.700-0.900 EPS and its FY 2026 guidance at 4.000-4.450 EPS. As a group, analysts predict that Aaron’s Holdings Company, Inc. will post 3.45 EPS for the current year.

Aaron’s Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Thursday, March 12th were given a $0.14 dividend. The ex-dividend date of this dividend was Thursday, March 12th. This is an increase from Aaron’s’s previous quarterly dividend of $0.13. This represents a $0.56 annualized dividend and a dividend yield of 1.9%. Aaron’s’s dividend payout ratio (DPR) is currently 15.56%.

Aaron’s Company Profile

PROG Holdings, Inc (NYSE: PRG), formerly known as Aaron’s, is a North American provider of lease-to-own and consumer finance solutions. The company operates through two primary segments: Aaron’s Business Solutions and Progressive Financial Services. Through Aaron’s Business Solutions, PROG offers customers access to furniture, electronics, home appliances and technology products via lease ownership arrangements, serving both individual consumers and small businesses.

The Progressive Financial Services segment provides lease-purchase and retail point-of-sale financing programs to customers with limited credit histories.