In its Q2 2026 investor letter, Vulcan Value Partners highlighted PROG Holdings, Inc. (NYSE:PRG).
Based in Draper, Utah, PROG Holdings, Inc. (NYSE:PRG) is a financial technology holding company
On July 29, 2026, PROG Holdings, Inc. (NYSE:PRG) closed at $42.78 per share, reflecting a market capitalization of $1.71 billion. PROG Holdings, Inc. (NYSE:PRG) posted a one-month return of -3.06%, while its shares gained 34.36% over the past 52 weeks. Vulcan Value Partners stated the following regarding PROG Holdings, Inc. (NYSE:PRG) in its Q2 2026 investor update: “PROG Holdings, Inc. (NYSE:PRG) provides lease-to-own financing to retailers and their non-prime customers.
Its acquisition of Purchasing Power closed in the first quarter, which brings another attractive tool to the company’s financing ecosystem. Additionally, the business, especially its buy now, pay later business, Four Technologies, has continued to execute well in a mixed environment.” PROG Holdings, Inc. (NYSE:PRG) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 28 hedge fund portfolios held PROG Holdings, Inc. (NYSE:PRG) at the end of the first quarter, compared to 34 in the previous quarter.