FY2025 EPS Estimates for PJT Partners Increased by Analyst

Key Points

• Analysts at Seaport Res Ptn have increased their FY2025 earnings per share (EPS) estimates for PJT Partners to $6.25, surpassing their previous forecast of $6.10.
• PJT Partners reported a quarterly EPS of $1.54, beating the consensus estimate of $1.36, while their revenue reached $731.09 million, significantly higher than the expected $343.11 million.
• The company declared a quarterly dividend of $0.25 per share, with a dividend yield of 0.56% and a payout ratio of 17.64%.

PJT Partners Inc. (NYSE:PJT - Free Report) - Research analysts at Seaport Res Ptn increased their FY2025 earnings per share (EPS) estimates for shares of PJT Partners in a research report issued to clients and investors on Tuesday, July 29th. Seaport Res Ptn analyst J. Mitchell now forecasts that the financial services provider will post earnings of $6.25 per share for the year, up from their prior estimate of $6.10. The consensus estimate for PJT Partners' current full-year earnings is $6.20 per share. Seaport Res Ptn also issued estimates for PJT Partners' Q4 2025 earnings at $2.43 EPS, Q1 2026 earnings at $1.35 EPS, Q2 2026 earnings at $1.54 EPS, Q4 2026 earnings at $2.69 EPS, FY2026 earnings at $7.25 EPS and FY2027 earnings at $8.40 EPS.

PJT Partners (NYSE:PJT - Get Free Report) last posted its earnings results on Tuesday, July 29th. The financial services provider reported $1.54 earnings per share for the quarter, topping analysts' consensus estimates of $1.36 by $0.18. The business had revenue of $731.09 billion for the quarter, compared to analyst estimates of $343.11 million. PJT Partners had a return on equity of 25.47% and a net margin of 10.45%. The firm's revenue was up 13.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.19 EPS.

A number of other research analysts have also weighed in on the company. Wolfe Research reissued an "underperform" rating on shares of PJT Partners in a report on Thursday, July 10th. Keefe, Bruyette & Woods boosted their price target on PJT Partners from $161.00 to $199.00 and gave the company a "market perform" rating in a research note on Monday, July 14th. One analyst has rated the stock with a sell rating and four have issued a hold rating to the company's stock. According to MarketBeat.com, PJT Partners presently has an average rating of "Hold" and an average price target of $174.67.

PJT Partners Stock Up 0.3%

Shares of PJT stock traded up $0.47 during trading on Thursday, reaching $179.09. 314,089 shares of the company's stock were exchanged, compared to its average volume of 276,536. The stock has a market capitalization of $4.38 billion, a PE ratio of 30.77 and a beta of 0.77. PJT Partners has a twelve month low of $116.06 and a twelve month high of $190.27. The firm's fifty day moving average price is $165.43 and its 200-day moving average price is $155.01.

Institutional Trading of PJT Partners

A number of institutional investors have recently modified their holdings of the stock. Linden Thomas Advisory Services LLC lifted its position in shares of PJT Partners by 5.3% during the 2nd quarter. Linden Thomas Advisory Services LLC now owns 2,470 shares of the financial services provider's stock valued at $408,000 after acquiring an additional 124 shares during the period. State of New Jersey Common Pension Fund D lifted its position in shares of PJT Partners by 5.1% during the 2nd quarter. State of New Jersey Common Pension Fund D now owns 12,741 shares of the financial services provider's stock valued at $2,102,000 after acquiring an additional 617 shares during the period. Pittenger & Anderson Inc. lifted its position in shares of PJT Partners by 130.8% during the 2nd quarter. Pittenger & Anderson Inc. now owns 5,320 shares of the financial services provider's stock valued at $878,000 after acquiring an additional 3,015 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of PJT Partners during the 2nd quarter valued at $594,000. Finally, Mutual of America Capital Management LLC lifted its position in shares of PJT Partners by 36.5% during the 2nd quarter. Mutual of America Capital Management LLC now owns 65,784 shares of the financial services provider's stock valued at $10,855,000 after acquiring an additional 17,602 shares during the period. 89.23% of the stock is currently owned by institutional investors.

Insider Buying and Selling at PJT Partners

In related news, General Counsel David Adam Travin sold 2,288 shares of the business's stock in a transaction on Thursday, July 31st. The stock was sold at an average price of $178.06, for a total value of $407,401.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kievdi Don Cornwell sold 10,403 shares of the business's stock in a transaction on Friday, May 30th. The shares were sold at an average price of $150.29, for a total value of $1,563,466.87. Following the completion of the sale, the director owned 8,847 shares of the company's stock, valued at $1,329,615.63. This trade represents a 54.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 22,288 shares of company stock valued at $3,420,783 over the last 90 days. 11.75% of the stock is currently owned by corporate insiders.

PJT Partners Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 17th. Investors of record on Wednesday, September 3rd will be paid a $0.25 dividend. The ex-dividend date is Wednesday, September 3rd. This represents a $1.00 annualized dividend and a yield of 0.6%. PJT Partners's payout ratio is 17.18%.

About PJT Partners

PJT Partners Inc, an investment bank, provides various strategic and capital markets advisory, restructuring and special situations, and shareholder advisory services to corporations, financial sponsors, institutional investors, and governments worldwide. It offers advisory services to clients on various transactions, including mergers and acquisitions (M&A), spin-offs, activism defense, contested M&A, joint ventures, minority investments, and divestitures.