PJT Partners (PJT) to Release Earnings on Tuesday

PJT Partners (NYSE:PJT - Get Free Report) will likely be posting its Q2 2025 quarterly earnings results before the market opens on Tuesday, July 29th. Analysts expect PJT Partners to post earnings of $1.11 per share and revenue of $343.11 million for the quarter.

PJT Partners (NYSE:PJT - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The financial services provider reported $1.05 earnings per share for the quarter, beating analysts' consensus estimates of $0.94 by $0.11. The business had revenue of $324.50 million during the quarter, compared to analyst estimates of $361.26 million. PJT Partners had a net margin of 10.47% and a return on equity of 23.81%. PJT Partners's revenue for the quarter was down 1.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.98 earnings per share. On average, analysts expect PJT Partners to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

PJT Partners Trading Down 0.3%

Shares of PJT Partners stock traded down $0.56 during midday trading on Friday, reaching $185.47. The company had a trading volume of 41,217 shares, compared to its average volume of 279,510. The company has a market capitalization of $4.53 billion, a price-to-earnings ratio of 32.73 and a beta of 0.76. The stock has a fifty day simple moving average of $162.39 and a 200 day simple moving average of $154.16. PJT Partners has a 1-year low of $116.06 and a 1-year high of $190.27.

PJT Partners Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 18th. Investors of record on Wednesday, June 4th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.54%. The ex-dividend date of this dividend was Wednesday, June 4th. PJT Partners's dividend payout ratio is currently 17.64%.

Analyst Ratings Changes

A number of brokerages recently weighed in on PJT. Wolfe Research reissued an "underperform" rating on shares of PJT Partners in a report on Thursday, July 10th. Keefe, Bruyette & Woods raised their price objective on shares of 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 research analyst has rated the stock with a sell rating and five have given a hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $164.00.

Insider Buying and Selling

In other PJT Partners news, Director Kievdi Don Cornwell sold 10,403 shares of the firm's stock in a transaction that occurred 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 transaction, the director directly owned 8,847 shares of the company's stock, valued at approximately $1,329,615.63. This trade represents a 54.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, General Counsel David Adam Travin sold 5,000 shares of the firm's stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $141.74, for a total transaction of $708,700.00. Following the completion of the transaction, the general counsel directly owned 2,288 shares in the company, valued at approximately $324,301.12. The trade was a 68.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 25,000 shares of company stock worth $3,722,082. Insiders own 11.75% of the company's stock.

Hedge Funds Weigh In On PJT Partners

Hedge funds and other institutional investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. boosted its position in shares of PJT Partners by 5.6% during the first quarter. Goldman Sachs Group Inc. now owns 370,536 shares of the financial services provider's stock worth $51,090,000 after purchasing an additional 19,806 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of PJT Partners by 8.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 66,559 shares of the financial services provider's stock worth $9,177,000 after purchasing an additional 5,277 shares in the last quarter. Millennium Management LLC lifted its position in PJT Partners by 1,394.5% in the 1st quarter. Millennium Management LLC now owns 52,563 shares of the financial services provider's stock valued at $7,247,000 after acquiring an additional 49,046 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in PJT Partners by 4.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,887 shares of the financial services provider's stock valued at $1,915,000 after acquiring an additional 620 shares in the last quarter. Finally, Intech Investment Management LLC lifted its position in PJT Partners by 49.3% in the 1st quarter. Intech Investment Management LLC now owns 12,888 shares of the financial services provider's stock valued at $1,777,000 after acquiring an additional 4,256 shares in the last quarter. 89.23% of the stock is owned by institutional investors.

PJT Partners Company Profile

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.