TPG Inc. (NASDAQ:TPG) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Key Points

• Consensus: Moderate Buy — Seventeen analysts rate TPG a "Moderate Buy" (12 buys, 5 holds) with an average 12‑month target of about $65.67, though recent broker targets vary widely from roughly $48 to $75.
• Strong quarter but lower share price — TPG beat quarterly estimates (EPS $0.85 vs $0.65) and reported revenue up 35.6% year‑over‑year to $1.49B, yet shares trade near $40.51, well below a 52‑week high of $70.38 and carry a high P/E of ~92.
• Dividend hike with sustainability risk — The company raised its quarterly dividend to $0.61 (annualized $2.44), yielding about 6.0%, but its dividend payout ratio is extremely high (~554.6%), indicating potential sustainability concerns.

Shares of TPG Inc. (NASDAQ:TPG - Get Free Report) have earned an average rating of "Moderate Buy" from the seventeen ratings firms that are currently covering the company, Marketbeat Ratings reports. Five analysts have rated the stock with a hold rating and twelve have issued a buy rating on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $65.6667.

Several research firms recently issued reports on TPG. Citigroup raised shares of TPG to an "outperform" rating in a research note on Monday, February 9th. Morgan Stanley set a $67.00 price objective on shares of TPG in a report on Tuesday, January 27th. Citizens Jmp upgraded TPG from a "market perform" rating to an "outperform" rating and set a $75.00 target price for the company in a research note on Monday, February 9th. Barclays dropped their target price on TPG from $69.00 to $56.00 and set an "overweight" rating on the stock in a research report on Monday, March 2nd. Finally, BMO Capital Markets cut their price target on TPG from $60.00 to $48.00 and set an "outperform" rating on the stock in a research note on Tuesday, March 24th.

TPG Stock Up 2.0%

NASDAQ TPG opened at $40.51 on Wednesday. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.42. TPG has a fifty-two week low of $37.52 and a fifty-two week high of $70.38. The business has a 50 day moving average price of $47.62 and a two-hundred day moving average price of $55.97. The stock has a market cap of $15.56 billion, a PE ratio of 92.07, a P/E/G ratio of 0.58 and a beta of 1.55.

TPG (NASDAQ:TPG - Get Free Report) last posted its quarterly earnings data on Thursday, February 5th. The company reported $0.85 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.65 by $0.20. The company had revenue of $1.49 billion for the quarter, compared to analyst estimates of $548.40 million. TPG had a net margin of 3.95% and a return on equity of 26.02%. The business's quarterly revenue was up 35.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.62 earnings per share. As a group, sell-side analysts predict that TPG will post 2.52 EPS for the current fiscal year.

TPG Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 5th. Stockholders of record on Thursday, February 19th were paid a dividend of $0.61 per share. This is an increase from TPG's previous quarterly dividend of $0.45. The ex-dividend date was Thursday, February 19th. This represents a $2.44 annualized dividend and a dividend yield of 6.0%. TPG's dividend payout ratio (DPR) is currently 554.55%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Picton Mahoney Asset Management bought a new position in shares of TPG during the third quarter worth about $24,334,000. Private Wealth Partners LLC lifted its holdings in TPG by 88.2% during the 3rd quarter. Private Wealth Partners LLC now owns 113,880 shares of the company's stock worth $6,542,000 after buying an additional 53,375 shares during the last quarter. Fortress Investment Group LLC bought a new position in TPG during the 3rd quarter worth approximately $17,167,000. Hudson Bay Capital Management LP acquired a new position in shares of TPG in the 3rd quarter worth approximately $2,059,000. Finally, Clear Harbor Asset Management LLC increased its holdings in shares of TPG by 84.9% in the 3rd quarter. Clear Harbor Asset Management LLC now owns 142,372 shares of the company's stock valued at $8,179,000 after acquiring an additional 65,387 shares during the last quarter. 94.03% of the stock is currently owned by institutional investors.

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.

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