Partners Group executed a significant divestment, offloading shares in Life Time Group Holdings, Inc. (NYSE: LTH) valued at $15.5 million. The transaction involved two separate deals through its private equity vehicles, including Partners Group Private Equity Partner Fund, Partners Group Private Equity II, Partners Group Series Access II, and Partners Group Access 83 PF LP.
Life Time Group Surpasses Q1 2026 Earnings Forecasts
Life Time Group Holdings recently disclosed its first-quarter 2026 results, exceeding analyst expectations. Earnings per share reached $0.42, topping the anticipated $0.33. Revenue hit $789 million, slightly above the projected $786.7 million.
The company repurchased 2,192,500 shares at an average price of $28.60, committing approximately $62.7 million to the buyback program.
Atairos Group Boosts Stake with Major Investment
In a separate development, Atairos Group acquired 8,770,000 shares from existing shareholders for $205.082 million at $23.40 per share. Life Time Group also secured the Phoenix 10K leasehold interest, enabling operations for 51 years. Fitness expert Dr. Art Mollen will continue as honorary president.
Analysts Raise Targets on Growth Prospects
Mizuho elevated its price target for Life Time Group shares to $44 and upgraded to ‘Outperform,’ citing robust first-quarter performance and positive full-year 2026 outlook guidance.
UBS maintained its $43 price target with a ‘Buy’ rating, reflecting consensus among investment banks on membership growth and U.S. expansion initiatives.
These upgrades signal strong analyst confidence in Life Time Group’s overall trajectory and market leadership, driving recent stock momentum that has doubled investor returns.
