Jennison Associates LLC Makes New Investment in TPG Inc. $TPG

Key Points

• Jennison Associates initiated a new position in TPG, buying 213,506 shares worth about $13.63 million and now owns roughly 0.06% of the company.
• TPG's Q1 showed an EPS beat ($0.70 vs. $0.61) but revenue missed (~$557.2M vs. ~$610M) and the firm swung to a small net loss, even as it raised more than $10 billion and reports nearly $73 billion of dry powder.
• The company announced a $0.59 quarterly dividend (annualized yield ~5.3%) but with a very high payout ratio (~554%), while analysts maintain a “Moderate Buy” consensus and average target of $62.93.

Jennison Associates LLC bought a new position in shares of TPG Inc. (NASDAQ:TPG - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 213,506 shares of the company's stock, valued at approximately $13,630,000. Jennison Associates LLC owned 0.06% of TPG as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in TPG. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of TPG by 268.7% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 719 shares of the company's stock worth $38,000 after buying an additional 524 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of TPG by 252.7% during the third quarter. PNC Financial Services Group Inc. now owns 790 shares of the company's stock worth $45,000 after buying an additional 566 shares during the last quarter. Optiver Holding B.V. acquired a new position in shares of TPG during the third quarter worth approximately $51,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its holdings in shares of TPG by 54.4% during the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,084 shares of the company's stock worth $62,000 after buying an additional 382 shares during the last quarter. Finally, CWM LLC lifted its holdings in shares of TPG by 19.5% during the third quarter. CWM LLC now owns 1,227 shares of the company's stock worth $70,000 after buying an additional 200 shares during the last quarter. Institutional investors own 94.03% of the company's stock.

TPG News Summary

Here are the key news stories impacting TPG this week:

• Positive Sentiment: Raised capital and large dry powder — TPG said it raised more than $10 billion in the quarter, leaving nearly $73 billion of dry powder, improving its ability to deploy into market dislocations and grow fee-related earnings. TPG Looks to Cash In on Market Turbulence
• Positive Sentiment: EPS beat and margin/ROE strength — TPG reported $0.70 EPS vs. $0.61 consensus, up from $0.48 a year ago; net margin and a 26% ROE signal underlying profitability improvement in fee businesses. TPG Inc. (TPG) Q1 Earnings Top Estimates
• Positive Sentiment: Active dealmaking — TPG’s Rise Fund led a $100M investment in Zum, demonstrating continued deployment into growth/sustainable sectors that can drive future fee and carry. TPG (TPG) Leads $100M Investment in Zum
• Neutral Sentiment: Earnings materials and call — Full Q1 slide deck and earnings-call transcript are available for details on segment performance and outlook; useful for assessing recurring fee vs. capital-allocation volatility. TPG Inc. 2026 Q1 - Results - Earnings Call Presentation Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Analyst comparisons — Coverage notes highlight the EPS beat but point to revenue and other metric gaps versus Street estimates; watch guidance and fee-related revenue cadence. TPG Inc. (TPG) Q1 Earnings: How Key Metrics Compare
• Negative Sentiment: Revenue missed estimates — Q1 revenue was $557.2M vs. consensus ~$610M, a notable shortfall that tempers the EPS beat and raises questions about fee and investment-income timing. TPG Press Release / Slide Deck
• Negative Sentiment: Swing to a small net loss — The firm reported a $1.45M loss (vs. $25.4M profit year-ago) driven by losses in capital-allocation income, highlighting earnings volatility tied to mark-to-market and realized investment results. TPG Swings to Loss as Revenue Falls

TPG Stock Performance

Shares of NASDAQ TPG opened at $44.22 on Friday. The business has a fifty day simple moving average of $41.76 and a 200 day simple moving average of $53.23. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $16.99 billion, a price-to-earnings ratio of 201.01, a PEG ratio of 0.88 and a beta of 1.47. TPG Inc. has a one year low of $36.95 and a one year high of $70.38.

TPG (NASDAQ:TPG - Get Free Report) last issued its earnings results on Friday, May 1st. The company reported $0.70 EPS for the quarter, beating analysts' consensus estimates of $0.61 by $0.09. The business had revenue of $557.18 million during the quarter, compared to analyst estimates of $608.07 million. TPG had a return on equity of 26.02% and a net margin of 3.95%.TPG's revenue was up 14.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.48 earnings per share. Sell-side analysts expect that TPG Inc. will post 2.84 EPS for the current year.

TPG Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 26th. Investors of record on Monday, May 11th will be paid a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date is Monday, May 11th. TPG's dividend payout ratio is presently 554.55%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on TPG shares. Evercore set a $47.00 price target on TPG in a report on Tuesday, April 21st. The Goldman Sachs Group cut their price target on TPG from $80.00 to $55.00 and set a "buy" rating for the company in a report on Tuesday, April 7th. Royal Bank Of Canada reiterated an "outperform" rating on shares of TPG in a report on Wednesday, March 4th. TD Cowen reiterated a "hold" rating on shares of TPG in a report on Thursday, April 9th. Finally, BMO Capital Markets cut their price target on TPG from $60.00 to $48.00 and set an "outperform" rating for the company in a report on Tuesday, March 24th. Twelve investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $62.93.

TPG 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.

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.