Ieq Capital LLC Buys Shares of 1,770,257 Upbound Group, Inc. $UPBD

Posted by Geri Gentry on Aug 22nd, 2026

Ieq Capital LLC purchased a new position in shares of Upbound Group, Inc. (NASDAQ:UPBD – Free Report) during the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 1,770,257 shares of the company’s stock, valued at approximately $37,565,000.

A number of other hedge funds and other institutional investors have also modified their holdings of UPBD. Allworth Financial LP acquired a new position in shares of Upbound Group in the second quarter valued at approximately $50,000. BlackRock Inc. purchased a new stake in Upbound Group in the 2nd quarter worth approximately $194,216,000. Deutsche Bank AG purchased a new stake in Upbound Group in the 2nd quarter worth approximately $1,259,000. Bank of New York Mellon Corp acquired a new position in Upbound Group in the 2nd quarter valued at $18,862,000. Finally, Summit Global Investments purchased a new position in shares of Upbound Group during the 2nd quarter worth $779,000. 90.30% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

UPBD has been the topic of several analyst reports. BTIG Research cut Upbound Group from a “buy” rating to a “neutral” rating and set a $28.00 price objective on the stock. in a report on Friday, July 31st. Zacks Research downgraded Upbound Group from a “hold” rating to a “strong sell” rating in a research report on Monday, August 3rd. Weiss Ratings reissued a “hold (c-)” rating on shares of Upbound Group in a research note on Wednesday, June 24th. TD Cowen dropped their price objective on shares of Upbound Group from $29.00 to $28.00 and set a “buy” rating for the company in a research note on Friday, July 31st. Finally, Wall Street Zen downgraded shares of Upbound Group from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Two analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Upbound Group currently has a consensus rating of “Hold” and a consensus price target of $30.67.

Check Out Our Latest Research Report on UPBD

Insider Transactions at Upbound Group

In related news, Director Jeffrey J. Brown bought 2,295 shares of the firm’s stock in a transaction dated Tuesday, July 7th. The stock was bought at an average price of $20.09 per share, with a total value of $46,106.55. Following the completion of the transaction, the director directly owned 96,681 shares of the company’s stock, valued at approximately $1,942,321.29. This represents a 2.43% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 1.20% of the company’s stock.

Upbound Group Stock Performance

NASDAQ UPBD opened at $18.80 on Friday. The company has a debt-to-equity ratio of 1.94, a current ratio of 3.22 and a quick ratio of 0.97. Upbound Group, Inc. has a 1-year low of $15.82 and a 1-year high of $28.02. The firm has a market capitalization of $1.10 billion, a P/E ratio of 12.21 and a beta of 1.79. The business’s 50-day simple moving average is $20.09 and its 200-day simple moving average is $19.41.

Upbound Group (NASDAQ:UPBD – Get Free Report) last posted its earnings results on Thursday, July 30th. The company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.05 by $0.02. The firm had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $1.16 billion. Upbound Group had a net margin of 1.90% and a return on equity of 34.53%. The company’s revenue was up .5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.12 EPS. 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. Equities analysts predict that Upbound Group, Inc. will post 4.15 EPS for the current year.

Upbound Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Tuesday, June 16th were given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 8.3%. The ex-dividend date of this dividend was Tuesday, June 16th. Upbound Group’s dividend payout ratio is 101.30%.

Upbound Group Profile

(Free Report)

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.