Seaport Res Ptn Expects Reduced Earnings for PJT Partners

PJT Partners Inc. (NYSE:PJT - Free Report) - Analysts at Seaport Res Ptn dropped their Q2 2025 earnings per share (EPS) estimates for PJT Partners in a research note issued to investors on Tuesday, April 29th. Seaport Res Ptn analyst J. Mitchell now expects that the financial services provider will earn $1.11 per share for the quarter, down from their prior forecast of $1.30. The consensus estimate for PJT Partners' current full-year earnings is $6.20 per share. Seaport Res Ptn also issued estimates for PJT Partners' Q3 2025 earnings at $1.47 EPS and Q4 2025 earnings at $2.46 EPS.

PJT Partners (NYSE:PJT - Get Free Report) last issued its earnings results on Tuesday, April 29th. The financial services provider reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.11. PJT Partners had a return on equity of 24.03% and a net margin of 9.00%. The company had revenue of $324.50 million for the quarter, compared to the consensus estimate of $361.26 million. During the same quarter last year, the company earned $0.98 EPS. The firm's quarterly revenue was down 1.5% on a year-over-year basis.

Several other analysts have also recently commented on PJT. Citizens Jmp cut shares of PJT Partners from a "strong-buy" rating to a "hold" rating in a research note on Monday, January 13th. JMP Securities cut PJT Partners from an "outperform" rating to a "market perform" rating in a research note on Monday, January 13th. Finally, Keefe, Bruyette & Woods raised their price objective on PJT Partners from $152.00 to $177.00 and gave the company a "market perform" rating in a research note on Wednesday, February 5th. Five investment analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, PJT Partners has an average rating of "Hold" and an average price target of $158.50.

PJT Partners Price Performance

Shares of PJT stock traded down $0.84 during mid-day trading on Thursday, hitting $142.67. The company had a trading volume of 225,446 shares, compared to its average volume of 242,915. The stock's 50 day moving average price is $139.19 and its 200-day moving average price is $152.49. PJT Partners has a 52-week low of $97.74 and a 52-week high of $190.28. The company has a market capitalization of $3.32 billion, a P/E ratio of 29.12 and a beta of 0.76.

Hedge Funds Weigh In On PJT Partners

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Sanctuary Advisors LLC raised its holdings in PJT Partners by 2.9% in the fourth quarter. Sanctuary Advisors LLC now owns 2,274 shares of the financial services provider's stock worth $375,000 after purchasing an additional 65 shares in the last quarter. First Bank & Trust grew its holdings in PJT Partners by 1.6% in the first quarter. First Bank & Trust now owns 5,186 shares of the financial services provider's stock worth $715,000 after purchasing an additional 80 shares during the last quarter. Xponance Inc. increased its position in shares of PJT Partners by 5.4% during the first quarter. Xponance Inc. now owns 1,749 shares of the financial services provider's stock worth $241,000 after purchasing an additional 90 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of PJT Partners by 32.3% during the 4th quarter. GAMMA Investing LLC now owns 446 shares of the financial services provider's stock valued at $70,000 after purchasing an additional 109 shares during the last quarter. Finally, NDVR Inc. boosted its position in shares of PJT Partners by 6.0% in the 4th quarter. NDVR Inc. now owns 2,050 shares of the financial services provider's stock worth $324,000 after purchasing an additional 116 shares in the last quarter. 89.23% of the stock is currently owned by institutional investors.

Insider Activity

In other PJT Partners news, General Counsel David Adam Travin sold 5,000 shares of the firm's stock in a transaction dated Friday, May 2nd. The shares were sold at an average price of $141.74, for a total transaction of $708,700.00. Following the transaction, the general counsel now owns 2,288 shares of the company's stock, valued at approximately $324,301.12. This trade represents a 68.61 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 11.71% of the company's stock.

PJT Partners Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Wednesday, June 4th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.70%. The ex-dividend date is Wednesday, June 4th. PJT Partners's payout ratio is 17.64%.

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.