Penske Automotive Group's 15-minute chart shows KDJ Golden Cross, Bullish Marubozu pattern.

Penske Automotive Group's 15-minute chart has recently triggered a Golden Cross on the KDJ indicator, accompanied by a Bullish Marubozu candlestick pattern on September 17th, 2025 at 11:15. This development indicates a shift in momentum towards an upward trend, with a potential for further price appreciation. The dominance of buyers in the market suggests that bullish momentum is likely to persist.

September 12, 2025 - Analysts have recently upgraded their ratings and price targets for Penske Automotive Group, Inc. (NYSE: PAG), with JPMorgan Chase raising its target from $155.00 to $175.00 and Citigroup raising its estimate from $185.00 to $195.00 Millennium Management LLC Grows Stock Holdings in Penske Automotive Group, Inc. $PAG^[1]. This positive sentiment is accompanied by a significant increase in stock holdings by hedge funds and institutional investors.

Millennium Management LLC, for instance, boosted its position in Penske Automotive Group by 30.9% in the first quarter, acquiring an additional 39,622 shares and owning about 0.25% of the company's stock worth $24,175,000 Millennium Management LLC Grows Stock Holdings in Penske Automotive Group, Inc. $PAG^[1]. Other notable investors such as Cambridge Investment Research Advisors Inc., Two Sigma Investments LP, Teacher Retirement System of Texas, KBC Group NV, and SG Americas Securities LLC have also increased their stakes in the company, indicating strong institutional support Millennium Management LLC Grows Stock Holdings in Penske Automotive Group, Inc. $PAG^[1].

On September 17th, 2025, at 11:15, Penske Automotive Group's 15-minute chart triggered a Golden Cross on the KDJ indicator, accompanied by a Bullish Marubozu candlestick pattern. This development suggests a shift in momentum towards an upward trend, with a potential for further price appreciation. The dominance of buyers in the market indicates that bullish momentum is likely to persist .

In addition to the positive analyst ratings and increased institutional holdings, Penske Automotive Group recently reported earnings of $3.78 per share for the quarter, beating the consensus estimate of $3.56. The company's revenue was $7.66 billion, and it announced a quarterly dividend of $1.32 per share, representing an annualized dividend of $5.28 and a dividend yield of 2.8% Millennium Management LLC Grows Stock Holdings in Penske Automotive Group, Inc. $PAG^[1].

Despite these positive developments, investors should remain cautious and conduct thorough due diligence before making investment decisions. The company's stock performance and future prospects should be carefully evaluated based on the latest financial data and market conditions.