Wells Fargo & Company Issues Positive Forecast for TPG (NASDAQ:TPG) Stock Price

Key Points

• Wells Fargo raised TPG’s price target to $52 from $47 while maintaining an “equal weight” rating, implying nearly 10% upside from the prior close. Analysts overall rate the stock “Moderate Buy,” with an average target of $61.79.
• TPG reported quarterly earnings of $0.65 per share, beating estimates by $0.02, while revenue rose 25.3% year over year to $1.22 billion. The company’s strong results were supported by improved operating performance and continued fundraising demand.
• TPG shares fell 1.3% to $47.30, despite substantial institutional ownership of 94.03%; major investors including Wellington Management, Temasek Holdings and Vulcan Value Partners increased their stakes.

TPG (NASDAQ:TPG - Get Free Report) had its price target hoisted by Wells Fargo & Company from $47.00 to $52.00 in a note issued to investors on Friday, Benzinga reports. The brokerage presently has an "equal weight" rating on the stock. Wells Fargo & Company's target price points to a potential upside of 9.95% from the company's previous close.

Several other research firms have also commented on TPG. Citigroup reissued an "outperform" rating on shares of TPG in a report on Thursday, July 9th. Keefe, Bruyette & Woods upped their target price on shares of TPG from $53.00 to $57.00 and gave the stock an "outperform" rating in a report on Wednesday, August 5th. Weiss Ratings lowered TPG from a "hold (c)" rating to a "hold (c-)" rating in a research note on Thursday, October 8th. Royal Bank Of Canada upped their price target on shares of TPG from $60.00 to $65.00 and gave the stock an "outperform" rating in a report on Wednesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $62.00 target price on shares of TPG in a report on Wednesday, August 5th. Twelve equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $61.79.

TPG Stock Down 1.3%

Shares of TPG stock traded down $0.65 during midday trading on Friday, reaching $47.30. 477,025 shares of the company's stock traded hands, compared to its average volume of 2,954,572. The company has a market cap of $18.18 billion, a price-to-earnings ratio of 71.61, a price-to-earnings-growth ratio of 0.84 and a beta of 1.49. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.31 and a current ratio of 0.31. The company's 50 day simple moving average is $47.09 and its 200 day simple moving average is $45.97. TPG has a 52 week low of $36.95 and a 52 week high of $70.38.

TPG (NASDAQ:TPG - Get Free Report) last issued its earnings results on Thursday, October 29th. The company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.02. The business had revenue of $1.22 billion for the quarter, compared to analyst estimates of $624.66 million. TPG had a net margin of 4.67% and a return on equity of 28.10%. The firm's revenue was up 25.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.53 EPS. Equities analysts expect that TPG will post 2.78 earnings per share for the current fiscal year.

Institutional Trading of TPG

Hedge funds have recently added to or reduced their stakes in the business. Wellington Management Group LLP increased its holdings in shares of TPG by 38.1% during the 2nd quarter. Wellington Management Group LLP now owns 11,019,487 shares of the company's stock worth $446,840,000 after buying an additional 3,041,560 shares during the last quarter. Temasek Holdings Private Ltd lifted its holdings in TPG by 14.1% in the first quarter. Temasek Holdings Private Ltd now owns 10,028,107 shares of the company's stock valued at $406,239,000 after acquiring an additional 1,236,526 shares during the period. Vulcan Value Partners LLC raised its position in TPG by 18.9% during the second quarter. Vulcan Value Partners LLC now owns 2,361,862 shares of the company's stock worth $95,774,000 after acquiring an additional 375,836 shares during the last quarter. Jackson Brooke LLC purchased a new stake in TPG in the 2nd quarter worth approximately $92,395,080. Finally, Junto Capital Management LP acquired a new position in TPG in the second quarter valued at $82,794,000. 94.03% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting TPG

Here are the key news stories impacting TPG this week:

• Positive Sentiment: TPG reported third-quarter adjusted earnings of $0.65 per share, exceeding the $0.63 consensus estimate and rising from $0.53 a year earlier. Revenue increased 25.3% year over year to $1.22 billion, substantially above the approximately $625 million analyst estimate. TPG Inc. Q3 earnings report
• Positive Sentiment: Fee-related earnings reportedly surged 43%, supporting the investment manager’s core operating performance and potentially improving its earnings outlook. TPG Q3 2026 fee earnings
• Positive Sentiment: TPG expects to raise a record $55 billion this year, indicating continued demand for its private-equity and alternative-investment strategies and providing potential future fee growth. TPG fundraising outlook
• Positive Sentiment: The firm launched a $10 billion climate fund, expanding its addressable market and creating another avenue for future assets under management and management fees. TPG climate fund announcement
• Neutral Sentiment: TPG is reportedly in discussions to acquire Ark Data Centres for approximately $5 billion. Data-center exposure could benefit from long-term digital-infrastructure demand, but the transaction’s size and financing requirements create execution and valuation uncertainty. TPG Ark Data Centres discussions
• Neutral Sentiment: TPG is increasing its focus on medical buildings as commercial real estate remains pressured by high debt levels. Medical properties may be relatively defensive, although broader real-estate stress remains a risk. TPG medical-building strategy
• Negative Sentiment: TPG declared a quarterly dividend of $0.55 per share, down 6.8% from $0.59 previously. The cut reduces the annualized payout to $2.20 and may pressure income-oriented investors despite the approximately 4.6% yield. TPG dividend announcement

TPG Company Profile

TPG Inc is a global alternative asset management firm that invests across a range of strategies, including private equity, growth equity, impact investing, real estate, infrastructure, credit and secondaries. The company partners with businesses and management teams to provide capital, strategic guidance and operational support.

TPG manages investment funds for institutional investors and other clients, with a focus on sectors such as technology, healthcare, consumer products and services, financial services, and business services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.