TPG rises on strong second-quarter results

TPG

04/08/2026 17:47

** Shares of asset manager TPG TPG.O rise 5.5% to $48.8
** Co posts Q2 after-tax distributable earnings of $280.2 million, compared with $268.3 million a year ago
** Fee-related earnings rose to $628 million from $495 million a year ago
** 12 of 16 analysts rate stock "strong buy" or "buy" and four "hold"; their median PT is $58 - data compiled by LSEG
** Including session's move, stock down 23.9% YTD

 (Reporting by Pragyan Kalita in Bengaluru)
 ((Pragyan.Kalita@thomsonreuters.com;))