TPG jumps as strong Q2 results and fundraising momentum lift sentiment

TPG Inc. (TPG) is up 7.7% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to a strong second-quarter earnings report that beat Wall Street expectations and showed accelerating fee-related earnings. Investors also seem encouraged by continued fundraising momentum, higher assets under management, and management’s upbeat outlook for capital raising in 2026.

Details:

TPG reported second-quarter adjusted earnings of $0.69 per share on revenue of $628.19 million, ahead of consensus expectations for $0.59 per share and $596.79 million in revenue.

Management highlighted that after-tax distributable earnings rose 43% year over year to $280 million, while fee-related revenue increased 27% and fee-related earnings reached $315 million.

Total assets under management climbed to $327 billion, up 25% from a year earlier, and the firm said it raised $16 billion in the quarter and more than $26 billion year to date.

Management also pointed to strong deployment activity and discussed an AI-related initiative that included a commitment of more than $4 billion to an OpenAI-linked deployment and services platform, which may have added to investor enthusiasm.

Sources:

TPG Investor Relations, SEC, MarketBeat

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

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$TPG Hedge Fund Activity

We have seen 226 institutional investors add shares of $TPG stock to their portfolio, and 195 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

BANK OF AMERICA CORP /DE/ removed 10,365,845 shares (-85.1%) from their portfolio in Q1 2026, for an estimated $419,920,380
DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP added 4,069,953 shares (+82.6%) to their portfolio in Q1 2026, for an estimated $164,873,796
APOLLO MANAGEMENT HOLDINGS, L.P. added 2,531,318 shares (+inf%) to their portfolio in Q1 2026, for an estimated $102,543,692
CAPITAL WORLD INVESTORS removed 2,447,558 shares (-82.1%) from their portfolio in Q2 2026, for an estimated $99,248,476
QUBE RESEARCH & TECHNOLOGIES LTD added 2,346,576 shares (+1043.8%) to their portfolio in Q1 2026, for an estimated $95,059,793
MILLENNIUM MANAGEMENT LLC added 2,028,356 shares (+44.2%) to their portfolio in Q1 2026, for an estimated $82,168,701
POINT72 ASSET MANAGEMENT, L.P. added 1,923,180 shares (+256.5%) to their portfolio in Q1 2026, for an estimated $77,908,021

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$TPG Price Targets

Multiple analysts have issued price targets for $TPG recently. We have seen 9 analysts offer price targets for $TPG in the last 6 months, with a median target of $56.0.

Here are some recent targets:

Devin Ryan from Citizens set a target price of $68.0 on 07/09/2026
Bill Katz from TD Cowen set a target price of $45.0 on 05/18/2026
Benjamin Budish from Barclays set a target price of $58.0 on 05/04/2026
Michael Brown from UBS set a target price of $59.0 on 05/04/2026
Glenn Schorr from Evercore ISI Group set a target price of $47.0 on 04/21/2026
Alexander Blostein from Goldman Sachs set a target price of $55.0 on 04/07/2026
Brennan Hawken from BMO Capital set a target price of $48.0 on 03/24/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.