Q2 EPS Estimates for PJT Partners Boosted by Seaport Res Ptn

PJT Partners Inc. (NYSE:PJT - Free Report) - Stock analysts at Seaport Res Ptn boosted their Q2 2025 EPS estimates for PJT Partners in a research report issued on Monday, July 14th. Seaport Res Ptn analyst J. Mitchell now forecasts that the financial services provider will post earnings per share of $1.36 for the quarter, up from their previous forecast of $1.11. 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 $1.22 EPS, Q1 2026 earnings at $1.46 EPS and Q2 2026 earnings at $1.46 EPS.

PJT Partners (NYSE:PJT - Get Free Report) last posted its quarterly earnings data 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. The business had revenue of $324.50 million during the quarter, compared to analysts' expectations of $361.26 million. PJT Partners had a net margin of 10.47% and a return on equity of 23.81%. The business's revenue was down 1.5% on a year-over-year basis. During the same period last year, the firm posted $0.98 earnings per share.

A number of other brokerages have also recently weighed in on PJT. Wolfe Research restated an "underperform" rating on shares of PJT Partners in a report on Thursday, July 10th. Keefe, Bruyette & Woods raised their target price on shares of PJT Partners from $161.00 to $199.00 and gave the stock a "market perform" rating in a report on Monday, July 14th. One research analyst has rated the stock with a sell rating and five have issued a hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $164.00.

PJT Partners Stock Down 0.6%

NYSE:PJT traded down $1.08 during trading hours on Wednesday, reaching $182.93. 252,051 shares of the company's stock were exchanged, compared to its average volume of 249,900. The company has a market capitalization of $4.47 billion, a P/E ratio of 32.26 and a beta of 0.76. PJT Partners has a 12 month low of $116.06 and a 12 month high of $190.28. The business's 50-day simple moving average is $159.50 and its two-hundred day simple moving average is $153.39.

Institutional Investors Weigh In On PJT Partners

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its holdings in shares of PJT Partners by 5.3% during the 4th quarter. Vanguard Group Inc. now owns 2,515,600 shares of the financial services provider's stock valued at $396,987,000 after purchasing an additional 127,060 shares in the last quarter. FMR LLC raised its holdings in shares of PJT Partners by 52.8% during the 4th quarter. FMR LLC now owns 637,797 shares of the financial services provider's stock valued at $100,651,000 after purchasing an additional 220,526 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of PJT Partners by 2.6% during the 4th quarter. Geode Capital Management LLC now owns 635,270 shares of the financial services provider's stock valued at $100,273,000 after purchasing an additional 16,233 shares in the last quarter. Congress Asset Management Co. raised its holdings in shares of PJT Partners by 3.8% during the 2nd quarter. Congress Asset Management Co. now owns 504,146 shares of the financial services provider's stock valued at $83,189,000 after purchasing an additional 18,571 shares in the last quarter. Finally, Alliancebernstein L.P. raised its holdings in shares of PJT Partners by 1.4% during the 1st quarter. Alliancebernstein L.P. now owns 481,410 shares of the financial services provider's stock valued at $66,377,000 after purchasing an additional 6,700 shares in the last quarter. Hedge funds and other institutional investors own 89.23% of the company's stock.

Insider Activity at PJT Partners

In other PJT Partners news, General Counsel David Adam Travin sold 5,000 shares of the stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $141.74, for a total value of $708,700.00. Following the completion of the sale, the general counsel owned 2,288 shares in the company, valued at $324,301.12. This represents a 68.61% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Kievdi Don Cornwell sold 10,403 shares of the stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $150.29, for a total transaction of $1,563,466.87. Following the completion of the sale, the director owned 8,847 shares of the company's stock, valued at approximately $1,329,615.63. The trade was a 54.04% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 25,000 shares of company stock valued at $3,722,082. 11.75% of the stock is owned by insiders.

PJT Partners Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 18th. Investors of record on Wednesday, June 4th were given a $0.25 dividend. The ex-dividend date was Wednesday, June 4th. This represents a $1.00 annualized dividend and a dividend yield of 0.55%. PJT Partners's dividend payout ratio (DPR) is presently 17.64%.

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.