TPG (NASDAQ:TPG) Issues Earnings Results, Beats Estimates By $0.10 EPS

TPG (NASDAQ:TPG) released its quarterly earnings results on Tuesday. The company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.10, FiscalAI reports. The business had revenue of $628.19 million during the quarter, compared to analysts’ expectations of $596.79 million. TPG had a return on equity of 27.86% and a net margin of 4.67%.The firm’s revenue for the quarter was up 23.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.69 EPS.

Here are the key takeaways from TPG’s conference call:

• Strong quarterly performance: After-tax distributable earnings rose 43% year over year to $280 million, or $0.69 per share, while fee-related revenue increased 27% to $628 million and fee-related earnings reached $315 million.
• Fundraising and AUM momentum remained robust. TPG raised $16 billion in the quarter and more than $26 billion year to date, maintaining confidence in exceeding its $50 billion 2026 fundraising target; total AUM rose 25% year over year to $327 billion.
• Investment activity was strong, with $14 billion deployed in the quarter, including significant growth in private equity, credit, and real estate. Management also highlighted AI-related investments and initiatives, including a more than $4 billion commitment to an OpenAI-linked deployment and services platform.
• Third-quarter transaction and monitoring fees are expected to decline because certain deal closings were pulled forward into the second quarter. Management retained its 47% full-year FRE margin outlook and is not assuming a major capital-markets rebound in the fourth quarter.
• Realizations totaled $5 billion in the quarter and nearly $14 billion year to date, but management acknowledged that market volatility is delaying exits across the industry. TPG expects monetization activity and realized performance allocations to accelerate toward year-end and into 2027 if market conditions normalize.

TPG Trading Up 1.1%

Shares of TPG traded up $0.51 during mid-day trading on Thursday, reaching $48.42. 1,350,364 shares of the company’s stock traded hands, compared to its average volume of 3,005,738. The stock has a market cap of $18.61 billion, a P/E ratio of 73.45, a P/E/G ratio of 0.91 and a beta of 1.44. The stock’s 50-day moving average is $42.48 and its two-hundred day moving average is $44.67. TPG has a 12 month low of $36.95 and a 12 month high of $70.38. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.33 and a quick ratio of 0.33.

TPG Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be given a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 4.9%. The ex-dividend date is Friday, August 14th. TPG’s payout ratio is 1,072.73%.

Hedge Funds Weigh In On TPG

Hedge funds have recently bought and sold shares of the business. Osaic Holdings Inc. raised its position in TPG by 12.1% during the second quarter. Osaic Holdings Inc. now owns 2,173 shares of the company’s stock valued at $114,000 after acquiring an additional 234 shares in the last quarter. Lazard Asset Management LLC boosted its position in TPG by 3.1% in the 2nd quarter. Lazard Asset Management LLC now owns 7,828 shares of the company’s stock worth $410,000 after purchasing an additional 238 shares in the last quarter. Strategic Wealth Partners Ltd. boosted its position in TPG by 2.5% in the 3rd quarter. Strategic Wealth Partners Ltd. now owns 10,253 shares of the company’s stock worth $589,000 after purchasing an additional 253 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of TPG by 38.0% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 992 shares of the company’s stock worth $57,000 after purchasing an additional 273 shares during the period. Finally, Quadrant Capital Group LLC grew its stake in shares of TPG by 31.8% during the 4th quarter. Quadrant Capital Group LLC now owns 1,132 shares of the company’s stock worth $72,000 after purchasing an additional 273 shares during the period. Institutional investors own 94.03% of the company’s stock.

Wall Street Analysts Forecast Growth

TPG has been the subject of a number of recent research reports. Weiss Ratings lowered shares of TPG from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, July 31st. Evercore set a $50.00 price objective on shares of TPG in a research report on Wednesday. Wall Street Zen raised shares of TPG from a “sell” rating to a “hold” rating in a research note on Sunday, July 26th. Royal Bank Of Canada boosted their target price on shares of TPG from $60.00 to $65.00 and gave the stock an “outperform” rating in a report on Wednesday. Finally, BMO Capital Markets decreased their target price on shares of TPG from $52.00 to $50.00 and set an “outperform” rating on the stock in a research report on Monday, July 13th. Thirteen equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $63.33.

TPG Company Profile

TPG Inc (NASDAQ: TPG) is a global alternative asset management firm that invests across a range of strategies including private equity, growth equity, real assets, credit and hedge funds. Founded in 1992 as Texas Pacific Group, the firm has expanded its product set to serve a broad set of institutional and individual investors through commingled funds, separately managed accounts and other customized investment vehicles.

TPG operates investment platforms that target buyouts, growth-stage companies, real estate and credit opportunities, and it has developed dedicated thematic and impact vehicles such as the TPG Rise Fund to pursue social and environmental outcomes alongside financial returns.