Pier Capital LLC Has $10.12 Million Stock Holdings in Perella Weinberg Partners $PWP

Key Points

• Pier Capital LLC increased its stake in Perella Weinberg Partners by 20.5% to 474,872 shares, worth about $10.12 million, making PWP its sixth-largest holding (≈1.6% of the firm's portfolio).
• Several large investors also boosted positions — including Adage (+73.5% to 3.14M shares), William Blair (+57.2% to 3.57M), Ameriprise (+79.6% to 1.58M) and Walleye (+82.7% to 1.37M) — and institutional investors now own about 41.07% of PWP.
• Perella Weinberg (market cap ~$1.42B) recently matched EPS estimates ($0.17) and beat revenue forecasts, pays a quarterly dividend of $0.07 (annualized yield ~1.7%), and carries a consensus analyst rating of Hold with an average price target of $22.88.

Pier Capital LLC grew its stake in Perella Weinberg Partners (NASDAQ:PWP - Free Report) by 20.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 474,872 shares of the company's stock after purchasing an additional 80,744 shares during the quarter. Perella Weinberg Partners makes up approximately 1.6% of Pier Capital LLC's holdings, making the stock its 6th biggest holding. Pier Capital LLC owned about 0.54% of Perella Weinberg Partners worth $10,124,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Westwood Holdings Group Inc. bought a new stake in Perella Weinberg Partners in the second quarter valued at about $28,019,000. Adage Capital Partners GP L.L.C. lifted its holdings in Perella Weinberg Partners by 73.5% during the 2nd quarter. Adage Capital Partners GP L.L.C. now owns 3,136,484 shares of the company's stock worth $60,911,000 after buying an additional 1,328,312 shares during the last quarter. William Blair Investment Management LLC grew its position in shares of Perella Weinberg Partners by 57.2% in the 3rd quarter. William Blair Investment Management LLC now owns 3,566,511 shares of the company's stock worth $76,038,000 after acquiring an additional 1,298,246 shares in the last quarter. Ameriprise Financial Inc. grew its position in shares of Perella Weinberg Partners by 79.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,575,063 shares of the company's stock worth $30,588,000 after acquiring an additional 698,021 shares in the last quarter. Finally, Walleye Capital LLC increased its holdings in shares of Perella Weinberg Partners by 82.7% in the 2nd quarter. Walleye Capital LLC now owns 1,372,866 shares of the company's stock valued at $26,661,000 after acquiring an additional 621,570 shares during the last quarter. Institutional investors own 41.07% of the company's stock.

Perella Weinberg Partners Price Performance

NASDAQ:PWP opened at $16.03 on Friday. The firm has a market capitalization of $1.42 billion, a P/E ratio of 34.85 and a beta of 1.69. The business has a 50 day simple moving average of $20.37 and a 200 day simple moving average of $19.86. Perella Weinberg Partners has a 12-month low of $14.12 and a 12-month high of $25.92.

Perella Weinberg Partners (NASDAQ:PWP - Get Free Report) last issued its earnings results on Friday, February 6th. The company reported $0.17 earnings per share for the quarter, hitting the consensus estimate of $0.17. The firm had revenue of $219.16 million for the quarter, compared to analyst estimates of $192.84 million. Perella Weinberg Partners had a negative return on equity of 25.81% and a net margin of 4.69%.

Perella Weinberg Partners Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 9th. Investors of record on Tuesday, February 17th were issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Tuesday, February 17th. Perella Weinberg Partners's dividend payout ratio (DPR) is 60.87%.

Wall Street Analysts Forecast Growth

PWP has been the topic of several research reports. Weiss Ratings reissued a "hold (c)" rating on shares of Perella Weinberg Partners in a research report on Thursday, January 22nd. Wall Street Zen upgraded shares of Perella Weinberg Partners from a "sell" rating to a "hold" rating in a research note on Saturday, February 7th. Keefe, Bruyette & Woods increased their target price on shares of Perella Weinberg Partners from $20.00 to $23.00 and gave the stock a "market perform" rating in a report on Monday, February 9th. The Goldman Sachs Group reduced their price target on shares of Perella Weinberg Partners from $21.50 to $18.50 and set a "sell" rating on the stock in a research report on Thursday. Finally, Wolfe Research set a $21.00 price target on shares of Perella Weinberg Partners in a report on Wednesday, January 7th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $22.88.

Perella Weinberg Partners Profile

Perella Weinberg Partners L.P. is a global, partner-led advisory firm specializing in strategic and financial counsel. Founded in 2006 by Joseph R. Perella and Peter Weinberg—both veterans of leading Wall Street institutions—the firm delivers independent advice on mergers and acquisitions, financing, restructuring and capital markets. As an independent entity, it emphasizes senior banker involvement throughout every transaction, ensuring clients benefit from depth of experience and continuity of service.

The firm's core offerings encompass M&A advisory, debt and equity financing, corporate restructuring and capital markets solutions.

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