PROG Holdings Inc

Several stocks made notable moves this week following earnings reports and executive appointments. Huron Consulting Group surged 35.8% on Wednesday after reporting second-quarter results that beat analyst expectations for both revenue and profit and raising its full-year outlook. Sherwin-Williams rose 7.5% on Tuesday after stronger-than-expected second-quarter earnings and an increased full-year profit forecast. PROG Holdings fell 4.9% on Wednesday despite beating second-quarter 2026 estimates and raising full-year guidance. CONMED gained 10.5% on Thursday after second-quarter adjusted earnings topped expectations and the company lifted its full-year guidance. Freshworks rose 3.4% on Tuesday following the appointment of Ryan Manning as its new Chief Product and Technology Officer.

Vulcan Value Partners highlighted PROG Holdings in its second-quarter 2026 investor letter, noting the lease-to-own financing provider's acquisition of Purchasing Power and continued strong execution by its buy now, pay later business, Four Technologies. PROG Holdings closed at $42.78 per share on July 29, 2026, with a market capitalization of $1.71 billion, posting a one-month return of -3.06% and a 52-week gain of 34.36%. The firm's Large Cap Composite returned 9.5% net for the quarter, while the Small Cap Composite returned 13.3% net. Vulcan Value Partners views its holdings as deeply undervalued relative to market trends, presenting an opportunity for patient investors.

Sixth Street Specialty Lending reported first-quarter revenues of $93.4 million, down 19.7% year on year and missing analyst estimates by 9.3%, making it the weakest performer among nine tracked specialty finance stocks. The group overall beat revenue consensus by 2.1% but saw average share prices decline 1.5% since reporting. Encore Capital Group led with revenues of $475.4 million, up 21% and beating estimates by 6.5%, while HA Sustainable Infrastructure Capital posted the fastest revenue growth at 31.3% and the largest beat at 43.8%. PROG Holdings met revenue expectations with $742.7 million, up 11.1%, and raised full-year EPS guidance above estimates, sending its stock up 34.3%. Sixth Street Specialty Lending's stock fell 16.9% since its report, the steepest decline among peers.