Tudor Investment Corp ET AL Sells 85,867 Shares of Aaron’s Holdings Company, Inc. $PRG

Tudor Investment Corp ET AL reduced its stake in Aaron’s Holdings Company, Inc. (NYSE:PRG) by 35.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 155,415 shares of the company’s stock after selling 85,867 shares during the quarter. Tudor Investment Corp ET AL owned approximately 0.39% of Aaron’s worth $5,029,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in PRG. Wealth Enhancement Advisory Services LLC grew its stake in Aaron’s by 142.5% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 62,609 shares of the company’s stock valued at $1,926,000 after buying an additional 36,788 shares during the last quarter. Vest Financial LLC acquired a new position in Aaron’s during the 3rd quarter worth $1,312,000. Allianz Asset Management GmbH lifted its position in Aaron’s by 18.9% during the 3rd quarter. Allianz Asset Management GmbH now owns 1,187,509 shares of the company’s stock worth $38,428,000 after acquiring an additional 188,835 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in Aaron’s by 419.7% during the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 40,363 shares of the company’s stock valued at $1,306,000 after acquiring an additional 32,597 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in Aaron’s by 7.5% during the third quarter. JPMorgan Chase & Co. now owns 485,574 shares of the company’s stock valued at $15,713,000 after acquiring an additional 33,961 shares during the period. Institutional investors own 97.92% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Aaron’s Stock Performance

NYSE:PRG opened at $29.07 on Thursday. The firm’s 50-day moving average is $32.88 and its 200-day moving average is $31.55. The company has a market cap of $1.15 billion, a price-to-earnings ratio of 8.07 and a beta of 1.71. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.32 and a current ratio of 4.71. Aaron’s Holdings Company, Inc. has a 52-week low of $23.50 and a 52-week high of $41.14.

Aaron’s (NYSE:PRG) last released its earnings results on Wednesday, February 18th. The company reported $0.74 earnings per share for the quarter, beating 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 business had revenue of $525.36 million during the quarter, compared to analysts’ expectations of $581.82 million. During the same quarter last year, the company earned $0.80 earnings per share. The firm’s revenue was down 5.2% on a year-over-year basis. 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. Equities research analysts anticipate that Aaron’s Holdings Company, Inc. will post 3.45 earnings per share for the current year.

Aaron’s Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Thursday, March 12th were issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend was Thursday, March 12th. This is a boost from Aaron’s’s previous quarterly dividend of $0.13. Aaron’s’s payout ratio is 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.