Perella Weinberg Partners (NASDAQ:PWP) Stock Rating Raised to "Buy" at Wall Street Zen

Key Points

• Wall Street Zen upgraded Perella Weinberg Partners to “Buy” from “Hold,” though broader analyst sentiment remains “Hold,” with a $21.75 average price target.
• PWP reported a strong quarter, delivering adjusted EPS of $0.39 versus the $0.17 consensus estimate and revenue of $251.37 million versus expectations of $172.82 million.
• The stock opened at $14.73, well below its 12-month high of $25.92. Insider selling and a negative return on equity remain potential concerns despite increased institutional ownership and shareholder returns.

Perella Weinberg Partners (NASDAQ:PWP - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a report released on Saturday, Wall Street Zen reports.

PWP has been the subject of a number of other reports. The Goldman Sachs Group upped their target price on Perella Weinberg Partners from $14.50 to $16.00 and gave the company a "sell" rating in a research note on Monday, August 3rd. Keefe, Bruyette & Woods reissued an "outperform" rating and issued a $20.00 price target (up from $19.00) on shares of Perella Weinberg Partners in a report on Friday. Finally, Weiss Ratings cut shares of Perella Weinberg Partners from a "hold (c)" rating to a "hold (c-)" rating in a research note on Wednesday, October 14th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $21.75.

Perella Weinberg Partners Stock Performance

NASDAQ PWP opened at $14.73 on Friday. Perella Weinberg Partners has a twelve month low of $12.13 and a twelve month high of $25.92. The stock has a market cap of $1.39 billion, a PE ratio of 37.77 and a beta of 1.63. The firm has a 50-day simple moving average of $14.77 and a 200 day simple moving average of $17.43.

Perella Weinberg Partners (NASDAQ:PWP - Get Free Report) last posted its quarterly earnings results on Thursday, October 29th. The company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.17 by $0.22. Perella Weinberg Partners had a negative return on equity of 79.92% and a net margin of 4.35%. The firm had revenue of $251.37 million during the quarter, compared to analysts' expectations of $172.82 million.

Insiders Place Their Bets

In other Perella Weinberg Partners news, CEO Andrew Bednar sold 77,753 shares of the stock in a transaction on Friday, August 7th. The stock was sold at an average price of $17.41, for a total transaction of $1,353,679.73. Following the completion of the transaction, the chief executive officer directly owned 1,061,260 shares in the company, valued at $18,476,536.60. This represents a 6.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 235,697 shares of company stock valued at $4,080,379 in the last quarter. Corporate insiders own 26.10% of the company's stock.

Institutional Investors Weigh In On Perella Weinberg Partners

Several institutional investors and hedge funds have recently made changes to their positions in PWP. Ranger Investment Management L.P. acquired a new stake in Perella Weinberg Partners during the 2nd quarter valued at $5,139,000. Wellington Management Group LLP boosted its stake in Perella Weinberg Partners by 32.2% in the second quarter. Wellington Management Group LLP now owns 5,189,199 shares of the company's stock worth $82,820,000 after purchasing an additional 1,263,345 shares in the last quarter. Bank of America Corp DE boosted its stake in Perella Weinberg Partners by 41.6% in the first quarter. Bank of America Corp DE now owns 1,316,482 shares of the company's stock worth $23,907,000 after purchasing an additional 386,473 shares in the last quarter. Emerald Mutual Fund Advisers Trust boosted its stake in Perella Weinberg Partners by 14.9% in the first quarter. Emerald Mutual Fund Advisers Trust now owns 621,774 shares of the company's stock worth $11,291,000 after purchasing an additional 80,490 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Perella Weinberg Partners by 45.8% during the first quarter. Dimensional Fund Advisors LP now owns 852,987 shares of the company's stock worth $15,488,000 after purchasing an additional 267,859 shares during the last quarter. Institutional investors and hedge funds own 41.07% of the company's stock.

More Perella Weinberg Partners News

Here are the key news stories impacting Perella Weinberg Partners this week:

• Positive Sentiment: Q3 results substantially exceeded expectations. Revenue rose 53% year over year to $251 million, while adjusted EPS was $0.39 versus the $0.17 consensus estimate. GAAP diluted EPS was $0.21, and adjusted pretax income reached $56 million. Earnings Beat Might Change The Case For Investing In Perella Weinberg Partners Stock
• Positive Sentiment: Management signaled continued momentum. Executives said the firm is entering the fourth quarter and 2027 with strong momentum. The September acquisition of Gleacher Shacklock is expected to expand PWP’s advisory presence in the United Kingdom and Europe, while the company has continued adding senior talent. Perella Weinberg Reports Third Quarter 2026 Results
• Positive Sentiment: Keefe, Bruyette & Woods reaffirmed its “outperform” rating and raised its price target to $20 from $19, implying meaningful potential upside based on the reported reference price. Keefe Bruyette Woods stock recommendations
• Positive Sentiment: Capital returns remain supportive. PWP reported $150 million of cash and no debt, returned $88 million to shareholders during the first nine months, repurchased or retired more than three million shares and declared a quarterly dividend of $0.07 per share.
• Negative Sentiment: Insider selling is a cautionary signal. Company insiders made seven reported open-market sales over the past six months and no purchases, including sales by CEO Andrew Bednar and CFO Alexandra Gottschalk. PWP also retains a negative return on equity, so investors may monitor whether the earnings improvement is sustainable.

About Perella Weinberg Partners

Perella Weinberg Partners NASDAQ: PWP is an independent investment banking and financial services firm that provides strategic and financial advice to corporations, financial institutions, governments, and other organizations. The firm focuses on complex, high-value transactions and situations that require specialized advice and senior-level expertise.

Its services include mergers and acquisitions, strategic transactions, financial restructurings, capital markets advisory, and private capital advisory.

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