PJT Partners Inc. (NYSE:PJT - Free Report) - Stock analysts at Seaport Res Ptn increased their FY2025 earnings per share estimates for shares of PJT Partners in a report issued on Tuesday, April 29th. Seaport Res Ptn analyst J. Mitchell now anticipates that the financial services provider will post earnings per share of $6.10 for the year, up from their prior estimate of $5.80. The consensus estimate for PJT Partners' current full-year earnings is $6.20 per share. Seaport Res Ptn also issued estimates for PJT Partners' Q1 2026 earnings at $1.54 EPS, Q2 2026 earnings at $1.00 EPS, Q4 2026 earnings at $2.52 EPS and FY2026 earnings at $7.10 EPS.
PJT Partners (NYSE:PJT - Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The financial services provider reported $1.05 EPS for the quarter, topping the consensus estimate of $0.94 by $0.11. PJT Partners had a net margin of 9.00% and a return on equity of 24.03%. 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 firm posted $0.98 EPS. The firm's revenue was down 1.5% compared to the same quarter last year.
Other analysts have also issued reports about the stock. Citizens Jmp lowered shares of PJT Partners from a "strong-buy" rating to a "hold" rating in a research report on Monday, January 13th. Keefe, Bruyette & Woods increased their target price on PJT Partners from $152.00 to $177.00 and gave the company a "market perform" rating in a report on Wednesday, February 5th. Finally, JMP Securities lowered PJT Partners from an "outperform" rating to a "market perform" rating in a report on Monday, January 13th. Five investment analysts have rated the stock with a hold rating, According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $158.50.
Check Out Our Latest Research Report on PJT Partners
PJT Partners Price Performance
NYSE PJT traded down $0.84 during trading on Friday, reaching $142.67. 225,448 shares of the company's stock traded hands, compared to its average volume of 242,915. The firm has a market cap of $3.32 billion, a price-to-earnings ratio of 29.12 and a beta of 0.76. PJT Partners has a 12-month low of $97.74 and a 12-month high of $190.28. The company's 50 day simple moving average is $139.19 and its two-hundred day simple moving average is $152.49.
Institutional Trading of PJT Partners
A number of hedge funds have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. purchased a new stake in shares of PJT Partners in the fourth quarter valued at approximately $89,192,000. FMR LLC increased its holdings in shares of PJT Partners by 52.8% in 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. Arrowstreet Capital Limited Partnership lifted its stake in shares of PJT Partners by 658.3% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 181,406 shares of the financial services provider's stock valued at $28,628,000 after purchasing an additional 157,483 shares during the period. Norges Bank purchased a new stake in PJT Partners during the fourth quarter worth about $20,269,000. Finally, Tidal Investments LLC acquired a new position in PJT Partners during the fourth quarter worth about $20,059,000. 89.23% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets
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 stock was 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 11.71% of the company's stock.
PJT Partners Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Wednesday, June 4th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend 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
(
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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.
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