Streetbeat News

TPG

TPG Inc.

https://www.tpg.com

Industry

Asset Management

TPG Inc. operates as an alternative asset manager worldwide. It offers investment management services to unconsolidated funds, collateralized loan obligations, and other vehicles; monitoring services to portfolio companies; advisory services, debt and equity arrangements, and underwriting and placement services; and capital structuring and other advisory services to portfolio companies. The company invests in private equity funds, real estate funds, fund of hedge funds, and credit funds. TPG Inc. was founded in 1992 and is headquartered in Fort Worth, Texas. TPG Inc. operates as a subsidiary of TPG GP A, LLC.

Open

47.49

Mkt cap

18B

Volume

2.4M

High

47.76

P/E Ratio

-113.31

52-wk high

72.98

Low

46.22

Div yield

0.04

52-wk low

39.18

TPG Rise Climate is set to acquire a majority stake in UK-based A-Gas from its current owners, including majority owner KKR. KKR will retain a significant minority stake in the business and continue to collaborate with TPG Rise Climate and the A-Gas Leadership Team. The deal is expected to close by the end of 2023, pending regulatory approvals.

Portfolio Pulse from Charles Gross

August 17, 2023 | 8:48 am

Over the last quarter, 13 analysts have provided ratings for TPG (NASDAQ:TPG), with 4 being bullish, 9 indifferent, and none bearish. The average 12-month price target for TPG is $31.19, a 4.27% decrease from the previous average of $32.58.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 9:00 pm

TPG (NASDAQ:TPG) has announced a quarterly dividend of 22 cents per share, payable on September 01, 2023. The stock will go ex-dividend on Thursday, meaning it will likely open 22 cents lower. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 2:45 pm

Morgan Stanley analyst Michael Cyprys has maintained an Equal-Weight rating on TPG (NASDAQ:TPG) and lowered the price target from $32 to $30.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 1:03 pm

JP Morgan analyst Kenneth Worthington maintains a Neutral rating on TPG (NASDAQ:TPG) and lowers the price target from $32 to $30.

Portfolio Pulse from richadhand@benzinga.com

August 09, 2023 | 4:54 pm

Deutsche Bank analyst Brian Bedell has maintained a 'Buy' rating on TPG (NASDAQ:TPG), but lowered the price target from $36 to $33.

Portfolio Pulse from jenniferd'souza@benzinga.com

August 09, 2023 | 3:26 pm

Morgan Stanley analyst Michael Cyprys has maintained an Equal-Weight rating on TPG (NASDAQ:TPG) and lowered the price target from $29 to $28.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 3:22 pm

BMO Capital analyst Rufus Hone maintains a 'Market Perform' rating on TPG (NASDAQ:TPG) but has lowered the price target from $36 to $34.

Portfolio Pulse from richadhand@benzinga.com

August 09, 2023 | 2:31 pm

TPG shares are trading lower following the company's worse-than-expected Q2 results.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 5:26 pm

TPG (NASDAQ:TPG) reported Q2 earnings of $0.26 per share, missing the analyst consensus estimate of $0.34 by 23.53%. This is a 43.48% decrease from the same period last year. The company also reported quarterly sales of $285.73 million, missing the analyst consensus estimate of $289.25 million by 1.22%. This is a 1.46% decrease from the same period last year.

Portfolio Pulse from Happy Mohamed

August 08, 2023 | 12:48 pm

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