Miller Value Partners LLC Invests $5.47 Million in Upbound Group, Inc. $UPBD

Key Points

• Miller Value Partners initiated a $5.47 million position in Upbound Group, buying 258,000 shares, or roughly 0.44% of the company. Institutional investors and hedge funds collectively own 90.3% of the stock.
• Upbound Group reported quarterly EPS of $1.07, topping estimates by $0.02, while revenue rose 0.5% year over year to $1.16 billion. The company maintained fiscal 2026 EPS guidance of $4.00–$4.35.
• The company pays a quarterly dividend of $0.39, equivalent to a projected annual yield of about 8.1%. Analysts have a consensus “Hold” rating with an average price target of $30.67, despite several recent rating downgrades.

Miller Value Partners LLC bought a new stake in Upbound Group, Inc. (NASDAQ:UPBD - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 258,000 shares of the company's stock, valued at approximately $5,475,000. Upbound Group comprises approximately 1.3% of Miller Value Partners LLC's portfolio, making the stock its 23rd largest holding. Miller Value Partners LLC owned 0.44% of Upbound Group at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Hantz Financial Services Inc. increased its holdings in Upbound Group by 238.3% during the 4th quarter. Hantz Financial Services Inc. now owns 1,448 shares of the company's stock valued at $25,000 after purchasing an additional 1,020 shares in the last quarter. Quarry LP grew its holdings in shares of Upbound Group by 913.1% during the third quarter. Quarry LP now owns 1,388 shares of the company's stock worth $33,000 after purchasing an additional 1,251 shares during the last quarter. Quantbot Technologies LP bought a new stake in shares of Upbound Group during the second quarter worth $46,000. Allworth Financial LP bought a new position in shares of Upbound Group in the second quarter valued at about $50,000. Finally, Public Employees Retirement System of Ohio lifted its position in Upbound Group by 18.7% during the 4th quarter. Public Employees Retirement System of Ohio now owns 3,400 shares of the company's stock worth $60,000 after buying an additional 535 shares in the last quarter. 90.30% of the stock is owned by institutional investors and hedge funds.

Upbound Group Stock Up 1.0%

Shares of NASDAQ:UPBD opened at $19.36 on Wednesday. Upbound Group, Inc. has a one year low of $15.82 and a one year high of $28.02. The company has a 50 day moving average of $20.10 and a 200-day moving average of $19.40. The company has a debt-to-equity ratio of 1.94, a current ratio of 3.22 and a quick ratio of 0.97. The stock has a market cap of $1.13 billion, a price-to-earnings ratio of 12.57 and a beta of 1.79.

Upbound Group (NASDAQ:UPBD - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.02. Upbound Group had a net margin of 1.90% and a return on equity of 34.53%. The business had revenue of $1.16 billion for the quarter, compared to analyst estimates of $1.16 billion. During the same period in the prior year, the business posted $1.12 earnings per share. Upbound Group's revenue was up .5% compared to the same quarter last year. Upbound Group has set its FY 2026 guidance at 4.000-4.350 EPS and its Q3 2026 guidance at 0.850-0.950 EPS. On average, sell-side analysts forecast that Upbound Group, Inc. will post 4.15 earnings per share for the current year.

Upbound Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Tuesday, June 16th were paid a $0.39 dividend. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 8.1%. Upbound Group's dividend payout ratio is 101.30%.

Insider Buying and Selling at Upbound Group

In related news, Director Jeffrey J. Brown purchased 2,295 shares of Upbound Group stock in a transaction dated Tuesday, July 7th. The shares were acquired at an average cost of $20.09 per share, for a total transaction of $46,106.55. Following the transaction, the director directly owned 96,681 shares of the company's stock, valued at approximately $1,942,321.29. This trade represents a 2.43% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 1.20% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. BTIG Research cut shares of Upbound Group from a "buy" rating to a "neutral" rating and set a $28.00 price objective for the company. in a research report on Friday, July 31st. Weiss Ratings reiterated a "hold (c-)" rating on shares of Upbound Group in a research report on Wednesday, June 24th. Wall Street Zen lowered shares of Upbound Group from a "buy" rating to a "hold" rating in a report on Saturday, August 1st. Zacks Research cut shares of Upbound Group from a "hold" rating to a "strong sell" rating in a research report on Monday, August 3rd. Finally, TD Cowen reduced their price objective on Upbound Group from $29.00 to $28.00 and set a "buy" rating on the stock in a report on Friday, July 31st. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $30.67.

Upbound Group Company Profile

Upbound Group, Inc leases household durable goods to customers on a lease-to-own basis in the United States, Puerto Rico, and Mexico. It operates through four segments: Rent-A-Center, Acima, Mexico, and Franchising. The company's brands, such as Rent-A-Center and Acima that facilitate consumer transactions across a range of store-based and virtual channels. It offers furniture comprising mattresses, tires, consumer electronics, appliances, tools, handbags, computers, smartphones, and accessories.

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