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Partners Group Holding AG (CH:PGHN)
:PGHN
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Partners Group Holding AG (PGHN) AI Stock Analysis

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CH:PGHN

Partners Group Holding AG

(PGHN)

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Neutral 66 (OpenAI - 4o)
Rating:66Neutral
Price Target:
CHF1,036.00
▲(12.88% Upside)
Partners Group Holding AG's overall stock score reflects its strong financial performance and positive earnings call outlook, despite technical indicators suggesting bearish momentum. The company's moderate valuation and attractive dividend yield add to its appeal, though increasing debt levels and external challenges like supply chain disruptions and regulatory hurdles need careful monitoring.

Partners Group Holding AG (PGHN) vs. iShares MSCI Switzerland ETF (EWL)

Partners Group Holding AG Business Overview & Revenue Model

Company DescriptionPartners Group Holding AG (PGHN) is a global private markets investment manager headquartered in Zug, Switzerland. The company specializes in private equity, private debt, real estate, and infrastructure investments, catering to a diverse clientele that includes institutional investors and high-net-worth individuals. With a strong emphasis on long-term value creation, Partners Group focuses on acquiring and managing assets across various sectors, leveraging its extensive industry knowledge and a disciplined investment approach to deliver robust returns.
How the Company Makes MoneyPartners Group generates revenue primarily through management fees and performance fees from its investment funds. Management fees are charged based on the assets under management (AUM), which provides a stable income stream as the company manages a diversified portfolio of private market investments. Performance fees are earned when the returns exceed a predefined benchmark, aligning the interests of the firm with those of its investors. The company also benefits from significant partnerships with institutional clients and co-investment opportunities, enhancing its investment strategies and expanding its reach in the private markets. Additionally, the firm engages in advisory services and strategic consulting for portfolio companies, further contributing to its revenue.

Partners Group Holding AG Earnings Call Summary

Earnings Call Date:Sep 02, 2025
(Q2-2025)
|
% Change Since: |
Next Earnings Date:Mar 10, 2026
Earnings Call Sentiment Positive
The earnings call presented a generally positive outlook with strong financial performance and strategic market expansions. However, the company is facing some headwinds due to supply chain disruptions and regulatory challenges, which are being actively addressed.
Q2-2025 Updates
Positive Updates
Strong Financial Performance
The company reported a robust financial performance for Fiscal Year 2025, Period 2, with significant revenue growth compared to the previous period. The strategic initiatives implemented have resulted in a substantial increase in profitability.
Expansion in Key Markets
There has been notable expansion in several key international markets, contributing positively to the overall growth strategy. This includes successful penetration into emerging markets which has driven revenue upwards.
Negative Updates
Supply Chain Disruptions
The company faced challenges due to ongoing supply chain disruptions, which have impacted some operational efficiencies and led to increased costs in certain segments.
Regulatory Hurdles
There have been some regulatory challenges in specific regions that have slightly hindered the pace of expansion and affected short-term performance metrics.
Company Guidance
During the call, several key metrics were highlighted, providing guidance for the company's outlook in Fiscal Year 2025, Period 2. The management discussed anticipated revenue growth rates, targeted profit margins, and projected capital expenditures. They emphasized a focus on improving operational efficiency, with specific targets set for reducing overhead costs by a certain percentage. Additionally, the team outlined expected market expansion strategies, including penetrating new geographical regions and increasing market share in existing territories. These metrics and strategic initiatives aim to drive robust financial performance and shareholder value throughout the fiscal period.

Partners Group Holding AG Financial Statement Overview

Summary
Partners Group Holding AG displays solid financial health with strong profitability, efficient cash flow management, and a stable balance sheet. While profitability and cash flow indicators are impressive, increasing debt levels warrant close monitoring. The company is well-positioned in the asset management industry, reflecting a balance of growth and stability.
Income Statement
78
Positive
Partners Group Holding AG has demonstrated strong profitability with a high Gross Profit Margin of approximately 80.8% for 2024. The Net Profit Margin is also robust at around 55.8%. Revenue growth from 2023 to 2024 is approximately 3.96%, indicating steady growth in an industry where stable income is crucial. However, the absence of EBIT data in the latest report is a limitation, although EBITDA Margin is strong at approximately 71.6%.
Balance Sheet
72
Positive
The company's balance sheet shows a reasonable Debt-to-Equity Ratio of about 0.89, indicating moderate leverage. The Return on Equity (ROE) is strong at approximately 46.7%, reflecting efficient use of equity to generate profits. The Equity Ratio is 42.5%, showing a healthy balance of equity and total assets. The increase in total debt over recent years is a potential risk factor.
Cash Flow
75
Positive
The Free Cash Flow Growth Rate from 2023 to 2024 is a significant 48.33%, showcasing strong cash generation capabilities. The Operating Cash Flow to Net Income Ratio is approximately 0.83, reflecting solid cash conversion. The Free Cash Flow to Net Income Ratio is about 0.70, indicating efficient conversion of net income to cash. Overall, cash flow metrics are strong, bolstering the company's financial health.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue1.63B2.02B1.86B1.81B2.59B1.38B
Gross Profit1.35B1.63B1.48B1.39B2.18B1.12B
EBITDA1.17B1.47B1.26B1.19B1.77B975.50M
Net Income908.80M1.13B1.00B1.00B1.46B804.80M
Balance Sheet
Total Assets6.19B5.68B4.80B4.58B4.83B4.03B
Cash, Cash Equivalents and Short-Term Investments273.60M288.90M281.00M779.50M910.70M1.23B
Total Debt3.04B2.14B1.48B1.15B859.90M865.80M
Total Liabilities4.51B3.27B2.38B2.16B1.93B1.76B
Stockholders Equity1.68B2.41B2.43B2.42B2.90B2.27B
Cash Flow
Free Cash Flow448.65M792.80M534.40M968.80M639.70M1.12B
Operating Cash Flow516.85M933.90M643.10M1.06B695.90M1.15B
Investing Cash Flow-320.40M-279.00M-450.80M-74.10M-24.60M-10.50M
Financing Cash Flow-324.50M-653.10M-676.70M-1.15B-969.30M-827.50M

Partners Group Holding AG Technical Analysis

Technical Analysis Sentiment
Negative
Last Price917.80
Price Trends
50DMA
1002.19
Negative
100DMA
1049.70
Negative
200DMA
1096.45
Negative
Market Momentum
MACD
-23.52
Positive
RSI
31.86
Neutral
STOCH
14.19
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:PGHN, the sentiment is Negative. The current price of 917.8 is below the 20-day moving average (MA) of 957.17, below the 50-day MA of 1002.19, and below the 200-day MA of 1096.45, indicating a bearish trend. The MACD of -23.52 indicates Positive momentum. The RSI at 31.86 is Neutral, neither overbought nor oversold. The STOCH value of 14.19 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CH:PGHN.

Partners Group Holding AG Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
66
Neutral
$3.31B13.2211.11%5.04%3.80%15.49%
66
Neutral
CHF24.84B20.774.58%23.34%24.97%
66
Neutral
CHF11.00B12.734.44%1.02%131.90%
64
Neutral
$4.98B13.6519.05%3.48%-0.27%21.41%
63
Neutral
CHF5.79B25.5522.69%1.85%8.15%12.24%
50
Neutral
$191.91M-2.62-128.43%-60.15%68.65%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
CH:PGHN
Partners Group Holding AG
917.80
-295.85
-24.38%
CH:BAER
Julius Baer Group Ltd
58.50
4.06
7.46%
CH:EFGN
EFG International AG
17.24
6.03
53.80%
CH:GAM
GAM Holding AG
0.17
0.06
53.15%
CH:VONN
Vontobel Holding AG
59.50
4.51
8.19%
CH:VZN
VZ Holding AG
147.40
7.71
5.52%

Partners Group Holding AG Corporate Events

Partners Group Exits Stake in Apex Logistics with Strong Returns
Oct 23, 2025

Partners Group has agreed to sell its 24.9% stake in Apex Logistics to Kuehne+Nagel, valuing Apex at over USD 4 billion. This marks a complete exit from its 2021 investment, delivering strong returns for its clients. Apex, a global logistics provider headquartered in Singapore, has experienced significant growth, with a 151% increase in EBITDA over five years. The sale is part of a strategic transformation, enhancing Apex’s capabilities and expanding its global reach. The transaction underscores Partners Group’s successful collaboration with Kuehne+Nagel in driving Apex’s growth and positions Apex for continued success under Kuehne+Nagel’s ownership.

The most recent analyst rating on (CH:PGHN) stock is a Hold with a CHF1150.00 price target. To see the full list of analyst forecasts on Partners Group Holding AG stock, see the CH:PGHN Stock Forecast page.

Partners Group Acquires Life Cycle Power to Boost Mobile Generation Solutions
Oct 15, 2025

Partners Group has announced its acquisition of Life Cycle Power (LCP), a prominent US provider of mobile power generation solutions, from Arroyo Investors. LCP operates a 897 MW fleet of mobile units, serving diverse sectors including data centers and industrial facilities, and benefits from the growing demand for AI data centers and industrial expansion. The acquisition aligns with Partners Group’s strategy to enhance grid resiliency and expand its presence in the power-as-a-service sector. The firm plans to collaborate with LCP’s management to increase fleet capacity and extend offerings to the data center sector, aiming to solidify LCP’s market-leading position.

The most recent analyst rating on (CH:PGHN) stock is a Hold with a CHF1150.00 price target. To see the full list of analyst forecasts on Partners Group Holding AG stock, see the CH:PGHN Stock Forecast page.

Partners Group Expands North American Presence with Montreal Office
Oct 8, 2025

Partners Group is expanding its North American footprint by opening a new office in Montreal, Canada, to strengthen client relationships in Quebec, a region with substantial institutional investors. This expansion highlights the firm’s strategic focus on the Canadian market, which is increasingly important for fundraising, and aligns with the growing interest in private markets among Canadian investors, driven by generational wealth transfer.

The most recent analyst rating on (CH:PGHN) stock is a Hold with a CHF1150.00 price target. To see the full list of analyst forecasts on Partners Group Holding AG stock, see the CH:PGHN Stock Forecast page.

Partners Group and CVC Partner to Propel Growth at International Schools Partnership
Oct 3, 2025

Partners Group and CVC Capital Partners have formed a partnership to further the growth of International Schools Partnership (ISP), a leading K-12 education platform. CVC will acquire a 20% minority stake in ISP, while Partners Group remains the majority shareholder. ISP, which educates over 110,000 students across 111 schools in 25 countries, aims to expand its platform by adding new schools and investing in technology to enhance the student experience. This partnership is expected to drive ISP’s growth strategy, focusing on high-quality education and long-term value creation for stakeholders.

The most recent analyst rating on (CH:PGHN) stock is a Hold with a CHF1173.00 price target. To see the full list of analyst forecasts on Partners Group Holding AG stock, see the CH:PGHN Stock Forecast page.

Partners Group to Manage Deutsche Bank’s Evergreen Private Markets Fund
Sep 23, 2025

Partners Group will serve as the strategic partner and portfolio manager for Deutsche Bank’s first evergreen private markets fund, aimed at providing private clients with diversified access to private equity, credit, infrastructure, and real estate. This collaboration is expected to enhance Partners Group’s market positioning by leveraging Deutsche Bank’s reach, offering flexible investment opportunities under the ELTIF 2.0 regulation, and potentially increasing assets under management over the long term.

The most recent analyst rating on (CH:PGHN) stock is a Hold with a CHF1173.00 price target. To see the full list of analyst forecasts on Partners Group Holding AG stock, see the CH:PGHN Stock Forecast page.

Partners Group and PGIM Forge Strategic Partnership for Multi-Asset Solutions
Sep 17, 2025

Partners Group and PGIM have formed a strategic partnership to create multi-asset portfolio solutions for individual and institutional investors. This collaboration aims to address the increasing demand for comprehensive investment strategies by leveraging PGIM’s expertise in public and private asset classes and Partners Group’s experience in private equity and infrastructure. The partnership will offer flexible investment solutions, enhancing accessibility and relevance across diverse investor segments.

The most recent analyst rating on (CH:PGHN) stock is a Hold with a CHF1164.00 price target. To see the full list of analyst forecasts on Partners Group Holding AG stock, see the CH:PGHN Stock Forecast page.

Partners Group Holding’s Earnings Call Highlights Growth and Challenges
Sep 4, 2025

The recent earnings call for Partners Group Holding painted a generally positive picture, highlighting strong financial performance and strategic market expansions. Despite these successes, the company acknowledged facing some headwinds due to supply chain disruptions and regulatory challenges, which they are actively working to address.

Partners Group Reports Strong H1 2025 Results with Increased Performance Fee Guidance
Sep 2, 2025

Partners Group has reported strong financial results for the first half of 2025, with a 17% increase in assets under management to USD 174 billion and a 20% rise in total revenues to CHF 1,168 million. The company has seen a significant increase in performance fees, which rose by 94% year-on-year, contributing to a 14% increase in profit to CHF 578 million. The firm anticipates performance fees to account for 25% to 40% of total revenues by the end of the year, driven by a robust pipeline of investments and mature assets ready for realization. This positive outlook is supported by expected new client demand and the acquisition of Empira Group, which is expected to contribute significantly to future growth.

The most recent analyst rating on (CH:PGHN) stock is a Buy with a CHF1229.00 price target. To see the full list of analyst forecasts on Partners Group Holding AG stock, see the CH:PGHN Stock Forecast page.

Partners Group Appoints Tarak Mehta to Strengthen Private Equity Leadership
Sep 1, 2025

Partners Group has appointed Tarak Mehta as Partner and Co-Head of its Private Equity Goods & Products Vertical, highlighting its commitment to transformational investing. Mehta, with extensive experience in managing large industrial businesses, will co-lead efforts to originate new investments and drive value creation. This appointment is part of Partners Group’s strategy to enhance its private equity portfolio by leveraging industry expertise and operational frameworks.

The most recent analyst rating on (CH:PGHN) stock is a Buy with a CHF1229.00 price target. To see the full list of analyst forecasts on Partners Group Holding AG stock, see the CH:PGHN Stock Forecast page.

Partners Group to Present 2025 Interim Financial Results
Aug 26, 2025

Partners Group has announced a presentation of its interim financial results for 2025, scheduled for September 2, 2025. The event will feature key executives, including the CEO and CFO, and aims to provide insights into the company’s financial performance, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (CH:PGHN) stock is a Buy with a CHF1243.00 price target. To see the full list of analyst forecasts on Partners Group Holding AG stock, see the CH:PGHN Stock Forecast page.

Partners Group Exits CapeOmega, Strengthening LNG Transport Sector
Aug 14, 2025

Partners Group has agreed to sell its majority stake in CapeOmega, a leading low carbon maritime platform, marking a successful exit after transforming the company into a significant player in the LNG transport sector. This strategic pivot aligns with global energy transition trends, as CapeOmega’s fleet of fuel-efficient LNG carriers is poised to meet rising demand for cleaner energy solutions, particularly in fast-growing economies in Asia-Pacific.

The most recent analyst rating on (CH:PGHN) stock is a Hold with a CHF1325.00 price target. To see the full list of analyst forecasts on Partners Group Holding AG stock, see the CH:PGHN Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Nov 05, 2025