Bank of New York Mellon Corp lessened its position in shares of PJT Partners Inc. (NYSE:PJT – Free Report) by 12.8% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 179,396 shares of the financial services provider’s stock after selling 26,221 shares during the quarter. Bank of New York Mellon Corp owned about 0.74% of PJT Partners worth $25,065,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in PJT. Illinois Municipal Retirement Fund lifted its stake in shares of PJT Partners by 6.4% in the 1st quarter. Illinois Municipal Retirement Fund now owns 13,281 shares of the financial services provider’s stock valued at $1,856,000 after purchasing an additional 794 shares during the last quarter. Roberts Glore & Co. Inc. IL purchased a new stake in shares of PJT Partners in the 1st quarter valued at approximately $291,000. Calamos Wealth Management LLC purchased a new stake in shares of PJT Partners in the 1st quarter valued at approximately $450,000. Calamos Advisors LLC purchased a new stake in shares of PJT Partners in the 1st quarter valued at approximately $450,000. Finally, Principal Financial Group Inc. lifted its holdings in shares of PJT Partners by 15.1% in the 1st quarter. Principal Financial Group Inc. now owns 188,774 shares of the financial services provider’s stock worth $26,376,000 after acquiring an additional 24,735 shares during the last quarter. 89.23% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets In other news, General Counsel David Adam Travin sold 3,000 shares of the firm’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $152.43, for a total value of $457,290.00. Following the sale, the general counsel directly owned 2,052 shares in the company, valued at approximately $312,786.36. This trade represents a 59.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Helen T. Meates sold 8,000 shares of the company’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $153.19, for a total value of $1,225,520.00. Following the transaction, the chief financial officer directly owned 58,466 shares of the company’s stock, valued at approximately $8,956,406.54. This represents a 12.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 10.98% of the stock is currently owned by company insiders.
PJT Partners Trading Down 0.1% NYSE:PJT opened at $168.86 on Tuesday. The firm has a market cap of $4.36 billion, a PE ratio of 24.61 and a beta of 0.85. The stock has a fifty day moving average price of $158.47 and a 200 day moving average price of $156.59. PJT Partners Inc. has a 12-month low of $127.73 and a 12-month high of $195.62.
PJT Partners (NYSE:PJT – Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The financial services provider reported $1.54 earnings per share for the quarter, topping the consensus estimate of $1.51 by $0.03. The company had revenue of $418.20 million for the quarter, compared to the consensus estimate of $409.38 million. PJT Partners had a return on equity of 32.00% and a net margin of 10.32%.PJT Partners’s revenue was up 28.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.05 EPS. Equities analysts forecast that PJT Partners Inc. will post 7.5 EPS for the current year.
Analysts Set New Price Targets A number of equities analysts recently weighed in on the stock. The Goldman Sachs Group raised shares of PJT Partners from a “neutral” rating to a “buy” rating and set a $170.00 price objective for the company in a research report on Wednesday, April 1st. UBS Group boosted their target price on PJT Partners from $160.00 to $162.00 and gave the company a “neutral” rating in a research report on Wednesday, July 8th. Weiss Ratings restated a “hold (c)” rating on shares of PJT Partners in a research note on Friday, May 29th. Zacks Research upgraded PJT Partners from a “strong sell” rating to a “hold” rating in a research report on Monday, June 29th. Finally, Keefe, Bruyette & Woods lifted their price objective on PJT Partners from $175.00 to $185.00 and gave the company an “outperform” rating in a research note on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $175.33.
Get Our Latest Research Report on PJT Partners
About PJT Partners (Free Report)
PJT Partners is a global advisory-focused investment bank that delivers strategic advisory, restructuring and special situations, and capital solutions to corporations, partnerships, and governments. The firm operates through three primary business segments: Strategic Advisory, which covers mergers and acquisitions, shareholder advisory, and capital markets advisory; Restructuring and Special Situations, which provides advice on debt and liability management, distressed mergers and acquisitions, and financial restructurings; and Park Hill, the firm’s dedicated capital-raising and secondary advisory business for private equity, real estate, hedge funds, and infrastructure.
The Strategic Advisory practice at PJT Partners assists clients with complex transactions such as cross-border mergers, spin-offs, divestitures, and takeover defenses, drawing on deep industry expertise and global reach.
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Fifth Third Bancorp raised its stake in shares of PJT Partners Inc. (NYSE:PJT – Free Report) by 25,948.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 13,024 shares of the financial services provider’s stock after purchasing an additional 12,974 shares during the quarter. Fifth Third Bancorp owned 0.05% of PJT Partners worth $1,820,000 as of its most recent filing with the SEC.
A number of other large investors have also made changes to their positions in the stock. Allworth Financial LP increased its stake in PJT Partners by 85.8% during the fourth quarter. Allworth Financial LP now owns 288 shares of the financial services provider’s stock valued at $48,000 after acquiring an additional 133 shares during the period. State of Wyoming bought a new stake in shares of PJT Partners in the 2nd quarter worth approximately $63,000. Kestra Advisory Services LLC acquired a new stake in shares of PJT Partners during the 4th quarter worth approximately $65,000. Exchange Traded Concepts LLC acquired a new stake in shares of PJT Partners during the 4th quarter worth approximately $86,000. Finally, Caitong International Asset Management Co. Ltd increased its position in shares of PJT Partners by 2,338.1% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 512 shares of the financial services provider’s stock valued at $86,000 after purchasing an additional 491 shares during the period. Institutional investors and hedge funds own 89.23% of the company’s stock.
Wall Street Analyst Weigh In Several research analysts recently commented on PJT shares. Zacks Research raised PJT Partners from a “strong sell” rating to a “hold” rating in a research report on Monday, June 29th. The Goldman Sachs Group raised shares of PJT Partners from a “neutral” rating to a “buy” rating and set a $170.00 price target on the stock in a report on Wednesday, April 1st. UBS Group increased their price objective on shares of PJT Partners from $160.00 to $162.00 and gave the company a “neutral” rating in a research note on Wednesday, July 8th. Keefe, Bruyette & Woods raised their price objective on shares of PJT Partners from $175.00 to $185.00 and gave the stock an “outperform” rating in a report on Friday, July 10th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of PJT Partners in a research note on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $175.33.
Check Out Our Latest Stock Report on PJT Partners
Insider Transactions at PJT Partners In other PJT Partners news, General Counsel David Adam Travin sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $152.43, for a total value of $457,290.00. Following the completion of the sale, the general counsel owned 2,052 shares in the company, valued at approximately $312,786.36. This trade represents a 59.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Helen T. Meates sold 8,000 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $153.19, for a total transaction of $1,225,520.00. Following the sale, the chief financial officer directly owned 58,466 shares in the company, valued at $8,956,406.54. This trade represents a 12.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 10.98% of the stock is owned by corporate insiders.
PJT Partners Stock Performance Shares of PJT opened at $163.92 on Thursday. The company has a market cap of $4.23 billion, a price-to-earnings ratio of 23.90 and a beta of 0.85. The stock has a fifty day moving average price of $157.90 and a two-hundred day moving average price of $156.78. PJT Partners Inc. has a 52-week low of $127.73 and a 52-week high of $195.62.
PJT Partners (NYSE:PJT – Get Free Report) last announced its earnings results on Tuesday, April 28th. The financial services provider reported $1.54 EPS for the quarter, topping the consensus estimate of $1.51 by $0.03. PJT Partners had a return on equity of 32.00% and a net margin of 10.32%.The company had revenue of $418.20 million for the quarter, compared to analysts’ expectations of $409.38 million. During the same quarter in the prior year, the business earned $1.05 earnings per share. The business’s revenue for the quarter was up 28.9% on a year-over-year basis. As a group, research analysts predict that PJT Partners Inc. will post 7.5 EPS for the current fiscal year.
PJT Partners Profile (Free Report)
PJT Partners is a global advisory-focused investment bank that delivers strategic advisory, restructuring and special situations, and capital solutions to corporations, partnerships, and governments. The firm operates through three primary business segments: Strategic Advisory, which covers mergers and acquisitions, shareholder advisory, and capital markets advisory; Restructuring and Special Situations, which provides advice on debt and liability management, distressed mergers and acquisitions, and financial restructurings; and Park Hill, the firm’s dedicated capital-raising and secondary advisory business for private equity, real estate, hedge funds, and infrastructure.
The Strategic Advisory practice at PJT Partners assists clients with complex transactions such as cross-border mergers, spin-offs, divestitures, and takeover defenses, drawing on deep industry expertise and global reach.
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The market expects PJT Partners (PJT - Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 28. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis investment bank is expected to post quarterly earnings of $1.65 per share in its upcoming report, which represents a year-over-year change of +7.1%.
Revenues are expected to be $443 million, up 8.9% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 3.91% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for PJT Partners?For PJT Partners, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that PJT Partners will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that PJT Partners would post earnings of $1.51 per share when it actually produced earnings of $1.54, delivering a surprise of +1.99%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
PJT Partners doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
An Industry Player's Expected ResultsAnother stock from the Zacks Financial - Miscellaneous Services industry, Blackstone Inc. (BX - Free Report) , is soon expected to post earnings of $1.32 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of +9.1%. Revenues for the quarter are expected to be $3.34 billion, up 8.7% from the year-ago quarter.
Over the last 30 days, the consensus EPS estimate for Blackstone Inc. has been revised 2.4% down to the current level. Nevertheless, the company now has an Earnings ESP of -0.56%, reflecting a lower Most Accurate Estimate.
When combined with a Zacks Rank of #3 (Hold), this Earnings ESP makes it difficult to conclusively predict that Blackstone Inc. will beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
NEW YORK--(BUSINESS WIRE)--PJT Partners Inc. (“PJT Partners”) (NYSE:PJT) announced that it expects to release its second quarter and six months 2026 financial results on Tuesday morning, July 28, 2026. The earnings release will be available through the Investor Relations section of the PJT Partners website at https://www.pjtpartners.com.
PJT Partners will host a conference call on Tuesday, July 28, 2026, at 8:30 a.m. ET with access available via webcast and telephone. Paul J. Taubman, Chairman and Chief Executive Officer, and Helen T. Meates, Chief Financial Officer, will review the results and be available for questions.
Investors and analysts may participate in the live conference call by dialing +1 (800) 267-6316 (U.S. domestic) or +1 (203) 518-9783 (international), passcode PJTP2Q26. Please dial in 15 minutes before the conference call begins. The conference call will also be accessible as a listen-only audio webcast through the Investor Relations section of the PJT Partners website.
For those unable to listen to the live broadcast, a replay of the webcast will be available for four months beginning at approximately 11:30 a.m. ET on July 28, 2026 through the Investor Relations section of the PJT Partners website.
About PJT Partners
PJT Partners is a premier, global, advisory-focused investment bank that was built from the ground up to be different. Our highly experienced, collaborative teams provide independent advice coupled with old-world, high-touch client service. This ethos has allowed us to attract some of the very best talent in the markets in which we operate. We deliver leading advice to many of the world's most consequential companies, effect some of the most transformative transactions and restructurings and raise billions of dollars of capital around the globe to support startups and more established companies. To learn more about PJT Partners, please visit our website at www.pjtpartners.com.
Bessemer Group Inc. reduced its stake in PJT Partners Inc. (NYSE:PJT – Free Report) by 12.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 100,908 shares of the financial services provider’s stock after selling 14,092 shares during the quarter. Bessemer Group Inc. owned 0.42% of PJT Partners worth $14,100,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of PJT. Allworth Financial LP lifted its holdings in shares of PJT Partners by 85.8% during the fourth quarter. Allworth Financial LP now owns 288 shares of the financial services provider’s stock worth $48,000 after purchasing an additional 133 shares during the period. State of Wyoming purchased a new position in PJT Partners in the 2nd quarter valued at $63,000. Kestra Advisory Services LLC acquired a new position in PJT Partners in the 4th quarter valued at $65,000. Exchange Traded Concepts LLC acquired a new stake in shares of PJT Partners in the 4th quarter worth $86,000. Finally, Caitong International Asset Management Co. Ltd lifted its stake in shares of PJT Partners by 2,338.1% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 512 shares of the financial services provider’s stock worth $86,000 after acquiring an additional 491 shares during the period. Institutional investors and hedge funds own 89.23% of the company’s stock.
PJT Partners Stock Down 0.5% NYSE:PJT opened at $166.33 on Friday. PJT Partners Inc. has a 52-week low of $127.73 and a 52-week high of $195.62. The stock has a fifty day simple moving average of $157.24 and a 200-day simple moving average of $156.94. The company has a market capitalization of $4.30 billion, a PE ratio of 24.25 and a beta of 0.85.
PJT Partners (NYSE:PJT – Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The financial services provider reported $1.54 EPS for the quarter, beating analysts’ consensus estimates of $1.51 by $0.03. PJT Partners had a net margin of 10.32% and a return on equity of 32.00%. The firm had revenue of $418.20 million for the quarter, compared to analysts’ expectations of $409.38 million. During the same period in the prior year, the company earned $1.05 EPS. The firm’s revenue was up 28.9% on a year-over-year basis. As a group, equities analysts anticipate that PJT Partners Inc. will post 7.5 earnings per share for the current year.
PJT Partners Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Wednesday, June 3rd were given a $0.25 dividend. The ex-dividend date was Wednesday, June 3rd. This represents a $1.00 annualized dividend and a dividend yield of 0.6%. PJT Partners’s dividend payout ratio is currently 14.58%.
Analyst Upgrades and Downgrades A number of equities research analysts have weighed in on PJT shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of PJT Partners in a report on Friday, May 29th. Keefe, Bruyette & Woods boosted their target price on shares of PJT Partners from $175.00 to $185.00 and gave the stock an “outperform” rating in a research report on Friday, July 10th. The Goldman Sachs Group raised shares of PJT Partners from a “neutral” rating to a “buy” rating and set a $170.00 price target on the stock in a research note on Wednesday, April 1st. UBS Group increased their price target on shares of PJT Partners from $160.00 to $162.00 and gave the company a “neutral” rating in a report on Wednesday, July 8th. Finally, Zacks Research upgraded shares of PJT Partners from a “strong sell” rating to a “hold” rating in a research note on Monday, June 29th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $175.33.
Get Our Latest Research Report on PJT
Insider Activity at PJT Partners In other news, General Counsel David Adam Travin sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $152.43, for a total transaction of $457,290.00. Following the completion of the transaction, the general counsel directly owned 2,052 shares of the company’s stock, valued at $312,786.36. This trade represents a 59.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Helen T. Meates sold 8,000 shares of PJT Partners stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $153.19, for a total value of $1,225,520.00. Following the transaction, the chief financial officer owned 58,466 shares of the company’s stock, valued at $8,956,406.54. This represents a 12.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 10.98% of the stock is owned by corporate insiders.
About PJT Partners (Free Report)
PJT Partners is a global advisory-focused investment bank that delivers strategic advisory, restructuring and special situations, and capital solutions to corporations, partnerships, and governments. The firm operates through three primary business segments: Strategic Advisory, which covers mergers and acquisitions, shareholder advisory, and capital markets advisory; Restructuring and Special Situations, which provides advice on debt and liability management, distressed mergers and acquisitions, and financial restructurings; and Park Hill, the firm’s dedicated capital-raising and secondary advisory business for private equity, real estate, hedge funds, and infrastructure.
The Strategic Advisory practice at PJT Partners assists clients with complex transactions such as cross-border mergers, spin-offs, divestitures, and takeover defenses, drawing on deep industry expertise and global reach.
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Arun Kalra, PJT Partners Director of Finance, to Become CFO
Helen Meates to Step Down From Role After More Than a Decade With the Company
NEW YORK--(BUSINESS WIRE)--PJT Partners Inc. (the “Company” or “PJT Partners”) (NYSE: PJT) today announced the appointment of Arun Kalra as Chief Financial Officer, effective October 1, 2026. Mr. Kalra will succeed Helen Meates, who will step down as Chief Financial Officer of the Company after more than a decade in the role. Ms. Meates will stay on through year-end 2026 to ensure a seamless transition.
Mr. Kalra currently serves as Director of Finance at PJT Partners. He joined the Company in 2016 as Head of Financial Planning and Analysis and has worked closely with Ms. Meates across all aspects of PJT Partners' global finance function, taking on progressively broader responsibilities. Prior to joining PJT Partners, Mr. Kalra was a senior member of the compensation team at UBS. He holds a BSc from the London School of Economics.
“Helen has been an extraordinary partner in building PJT Partners since our earliest days, and we are deeply grateful for her contributions to our success,” said Paul J. Taubman, Chairman and Chief Executive Officer. “We are fortunate to have a successor who shares the same standards of leadership, integrity, and commitment to excellence. Our Board of Directors and management team are highly confident that Arun is the right person to lead our finance function forward.”
“I am honored to have the opportunity to serve as CFO of PJT Partners and am grateful for the confidence shown in me,” said Mr. Kalra. “I look forward to helping sustain the firm’s significant momentum, building on the strong foundation that Helen has established over the past decade.”
“It has been a privilege to serve as CFO of PJT Partners while working alongside Paul and the broader team over the past decade,” said Ms. Meates. “Arun has been an essential member of our finance team from day one. I have complete confidence in his ability to assume these new responsibilities given his strong track record and dedication to the firm.”
About PJT Partners
PJT Partners is a premier, global, advisory-focused investment bank that was built from the ground up to be different. Our highly experienced, collaborative teams provide independent advice coupled with old-world, high-touch client service. This ethos has allowed us to attract some of the very best talent in the markets in which we operate. We deliver leading advice to many of the world's most consequential companies, effect some of the most transformative transactions and restructurings and raise billions of dollars of capital around the globe to support startups and more established companies. To learn more about PJT Partners, please visit our website at www.pjtpartners.com.
PJT Partners (PJT) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Congress Asset Management Co. boosted its position in shares of PJT Partners Inc. (NYSE: PJT) by 9.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 583,926 shares of the financial services provider's stock after purchasing an additional 52,548 shares during the quarter.
SG Americas Securities LLC boosted its stake in shares of PJT Partners Inc. (NYSE:PJT – Free Report) by 199.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,775 shares of the financial services provider’s stock after acquiring an additional 6,509 shares during the quarter. SG Americas Securities LLC’s holdings in PJT Partners were worth $1,634,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also modified their holdings of the company. CWM LLC lifted its position in PJT Partners by 50.8% in the third quarter. CWM LLC now owns 181 shares of the financial services provider’s stock valued at $32,000 after purchasing an additional 61 shares during the period. M&T Bank Corp increased its position in PJT Partners by 3.3% during the 2nd quarter. M&T Bank Corp now owns 2,302 shares of the financial services provider’s stock worth $380,000 after purchasing an additional 74 shares during the period. Linden Thomas Advisory Services LLC increased its position in PJT Partners by 3.3% during the 3rd quarter. Linden Thomas Advisory Services LLC now owns 2,551 shares of the financial services provider’s stock worth $453,000 after purchasing an additional 81 shares during the period. California State Teachers Retirement System raised its stake in shares of PJT Partners by 0.5% during the 2nd quarter. California State Teachers Retirement System now owns 20,992 shares of the financial services provider’s stock worth $3,464,000 after buying an additional 97 shares in the last quarter. Finally, Anchor Capital Advisors LLC raised its stake in shares of PJT Partners by 0.9% during the 3rd quarter. Anchor Capital Advisors LLC now owns 11,439 shares of the financial services provider’s stock worth $2,033,000 after buying an additional 103 shares in the last quarter. Institutional investors and hedge funds own 89.23% of the company’s stock.
Analyst Upgrades and Downgrades PJT has been the subject of several recent analyst reports. Wolfe Research reiterated an “underperform” rating and issued a $150.00 price objective on shares of PJT Partners in a research note on Wednesday, January 7th. Wall Street Zen cut shares of PJT Partners from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. The Goldman Sachs Group upgraded shares of PJT Partners from a “neutral” rating to a “buy” rating and set a $170.00 price target for the company in a research report on Wednesday, April 1st. Zacks Research lowered PJT Partners from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of PJT Partners in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $174.00.
Read Our Latest Stock Report on PJT
PJT Partners Stock Up 0.4% Shares of NYSE PJT opened at $140.51 on Tuesday. The stock has a market capitalization of $3.40 billion, a PE ratio of 21.16 and a beta of 0.88. The firm has a fifty day moving average of $148.16 and a 200-day moving average of $164.97. PJT Partners Inc. has a 52-week low of $119.76 and a 52-week high of $195.62.
PJT Partners (NYSE:PJT – Get Free Report) last issued its earnings results on Tuesday, February 3rd. The financial services provider reported $2.55 earnings per share for the quarter, topping the consensus estimate of $2.41 by $0.14. PJT Partners had a return on equity of 31.69% and a net margin of 10.51%.The business had revenue of $535.16 million for the quarter, compared to analyst estimates of $533.32 million. During the same period last year, the company posted $1.90 EPS. The business’s quarterly revenue was up 12.1% on a year-over-year basis. Equities research analysts expect that PJT Partners Inc. will post 6.2 EPS for the current fiscal year.
PJT Partners Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Wednesday, March 4th. PJT Partners’s dividend payout ratio (DPR) is 15.06%.
About PJT Partners (Free Report)
PJT Partners is a global advisory-focused investment bank that delivers strategic advisory, restructuring and special situations, and capital solutions to corporations, partnerships, and governments. The firm operates through three primary business segments: Strategic Advisory, which covers mergers and acquisitions, shareholder advisory, and capital markets advisory; Restructuring and Special Situations, which provides advice on debt and liability management, distressed mergers and acquisitions, and financial restructurings; and Park Hill, the firm’s dedicated capital-raising and secondary advisory business for private equity, real estate, hedge funds, and infrastructure.
The Strategic Advisory practice at PJT Partners assists clients with complex transactions such as cross-border mergers, spin-offs, divestitures, and takeover defenses, drawing on deep industry expertise and global reach.
Featured Stories Five stocks we like better than PJT Partners Want to see what other hedge funds are holding PJT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PJT Partners Inc. (NYSE:PJT – Free Report).
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PJT Partners hit restructuring records without economic trauma in the backdrop, and Park Hill broke records against tough comps to support consistent growth in Q4. Recent geopolitical tensions, particularly the Iran War, threaten higher cost of capital conditions, potentially dampening M&A and sponsor activity but supporting restructuring and secondaries. PJT has traded in line with peers more exposed to the macro and financial threats from the Iran War, but on the other hand trades at twice MC's trailing PE.
BB Seguridade Participacoes (OTCMKTS:BBSEY – Get Free Report) and PJT Partners (NYSE:PJT – Get Free Report) are both finance companies, but which is the better investment? We will compare the two businesses based on the strength of their valuation, risk, analyst recommendations, profitability, institutional ownership, dividends and earnings.
Analyst Recommendations This is a summary of current ratings for BB Seguridade Participacoes and PJT Partners, as reported by MarketBeat.com.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score BB Seguridade Participacoes 0 1 0 0 2.00 PJT Partners 1 3 2 1 2.43 PJT Partners has a consensus target price of $170.50, suggesting a potential upside of 5.05%. Given PJT Partners’ stronger consensus rating and higher possible upside, analysts clearly believe PJT Partners is more favorable than BB Seguridade Participacoes.
Volatility & Risk BB Seguridade Participacoes has a beta of 0.39, meaning that its share price is 61% less volatile than the S&P 500. Comparatively, PJT Partners has a beta of 0.88, meaning that its share price is 12% less volatile than the S&P 500.
Profitability This table compares BB Seguridade Participacoes and PJT Partners’ net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets BB Seguridade Participacoes 87.29% 80.16% 43.61% PJT Partners 10.51% 31.69% 17.69% Dividends BB Seguridade Participacoes pays an annual dividend of $0.92 per share and has a dividend yield of 13.2%. PJT Partners pays an annual dividend of $1.00 per share and has a dividend yield of 0.6%. BB Seguridade Participacoes pays out 110.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. PJT Partners pays out 15.1% of its earnings in the form of a dividend.
Valuation & Earnings This table compares BB Seguridade Participacoes and PJT Partners”s gross revenue, earnings per share (EPS) and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio BB Seguridade Participacoes $1.85 billion 7.30 $1.62 billion $0.83 8.39 PJT Partners $1.71 billion 2.29 $180.12 million $6.64 24.44 BB Seguridade Participacoes has higher revenue and earnings than PJT Partners. BB Seguridade Participacoes is trading at a lower price-to-earnings ratio than PJT Partners, indicating that it is currently the more affordable of the two stocks.
Institutional & Insider Ownership 0.0% of BB Seguridade Participacoes shares are held by institutional investors. Comparatively, 89.2% of PJT Partners shares are held by institutional investors. 11.8% of PJT Partners shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Summary PJT Partners beats BB Seguridade Participacoes on 10 of the 17 factors compared between the two stocks.
About BB Seguridade Participacoes (Get Free Report)
BB Seguridade Participações S.A., through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil. The company operates through Security and Brokerage segments. The Security segment offers life, property, rural, special risks and financial, transport, hulls, and housing people insurance products. It also offers pension plans, dental, and capitalization plans. The Brokerage segment engages in the brokerage, management, and promotion of pension plans, capitalization, capitalization, and dental plans. BB Seguridade Participações S.A. was incorporated in 2012 and is headquartered in Brasilia, Brazil. BB Seguridade Participações S.A. operates as a subsidiary of Banco do Brasil S.A.
About PJT Partners (Get Free Report)
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. The company also advises private and public company boards and management teams on strategies for building productive investor relationships with a focus on shareholder engagement; and strategic investor relations; environmental, social, and governance matters; and other investor-related matters. In addition, it provides advisory services related to debt and acquisition financings; structured product offerings; public equity raises, including initial public offering and SPAC offerings; and private capital raises for early and later stage companies, as well as other capital structure related matters. Further, the company offers advisory services in financial restructurings and reorganizations; liability management; distressed mergers and acquisitions; and to management teams, corporate boards, sponsors and creditors. Additionally, it provides private fund advisory and fundraising services for a range of investment strategies; and advisory services to general and partners on liquidity and other structured solutions. The company was formerly known as Blackstone Advisory Inc. and changed its name to PJT Partners Inc. in March 2015. PJT Partners Inc. was incorporated in 2014 and is headquartered in New York, New York.
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NEW YORK--(BUSINESS WIRE)--PJT Partners Inc. (“PJT Partners”) (NYSE:PJT) announced that it expects to release its first quarter 2026 financial results on Tuesday morning, April 28, 2026. The earnings release will be available through the Investor Relations section of the PJT Partners website at https://www.pjtpartners.com. PJT Partners will host a conference call on Tuesday, April 28, 2026, at 8:30 a.m. ET with access available via webcast and telephone. Paul J. Taubman, Chairman and Chief Exec.
PJT Partners Inc. (NYSE:PJT – Get Free Report) has been given a consensus recommendation of “Hold” by the seven research firms that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $170.50.
PJT has been the topic of several research reports. Keefe, Bruyette & Woods upgraded shares of PJT Partners from a “market perform” rating to an “outperform” rating and dropped their price target for the stock from $180.00 to $166.00 in a research report on Wednesday, April 8th. Wall Street Zen lowered shares of PJT Partners from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Zacks Research cut shares of PJT Partners from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. The Goldman Sachs Group raised shares of PJT Partners from a “neutral” rating to a “buy” rating and set a $170.00 price objective on the stock in a research note on Wednesday, April 1st. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of PJT Partners in a report on Thursday, January 22nd.
Read Our Latest Analysis on PJT Partners
PJT Partners Stock Performance Shares of PJT stock opened at $154.08 on Tuesday. PJT Partners has a 1 year low of $127.73 and a 1 year high of $195.62. The stock has a market cap of $3.72 billion, a PE ratio of 23.21 and a beta of 0.88. The business’s fifty day moving average is $145.36 and its 200-day moving average is $162.86.
PJT Partners (NYSE:PJT – Get Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The financial services provider reported $2.55 EPS for the quarter, topping analysts’ consensus estimates of $2.41 by $0.14. PJT Partners had a return on equity of 31.69% and a net margin of 10.51%.The company had revenue of $535.16 million for the quarter, compared to the consensus estimate of $533.32 million. During the same quarter in the previous year, the business earned $1.90 EPS. The company’s quarterly revenue was up 12.1% compared to the same quarter last year. Equities research analysts predict that PJT Partners will post 7.65 earnings per share for the current year.
PJT Partners Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th were given a $0.25 dividend. The ex-dividend date was Wednesday, March 4th. This represents a $1.00 annualized dividend and a yield of 0.6%. PJT Partners’s payout ratio is 15.06%.
Institutional Investors Weigh In On PJT Partners Institutional investors and hedge funds have recently modified their holdings of the stock. Royal Bank of Canada grew its holdings in shares of PJT Partners by 45.7% in the 1st quarter. Royal Bank of Canada now owns 11,471 shares of the financial services provider’s stock worth $1,581,000 after acquiring an additional 3,596 shares during the last quarter. AQR Capital Management LLC raised its position in shares of PJT Partners by 57.7% during the first quarter. AQR Capital Management LLC now owns 7,330 shares of the financial services provider’s stock worth $1,011,000 after purchasing an additional 2,681 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of PJT Partners by 4.7% during the first 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 purchasing an additional 620 shares during the last quarter. Millennium Management LLC boosted its position in shares of 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 purchasing an additional 49,046 shares during the period. Finally, Goldman Sachs Group Inc. boosted its position in shares of PJT Partners by 5.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 370,536 shares of the financial services provider’s stock valued at $51,090,000 after purchasing an additional 19,806 shares during the period. Institutional investors and hedge funds own 89.23% of the company’s stock.
About PJT Partners (Get Free Report)
PJT Partners is a global advisory-focused investment bank that delivers strategic advisory, restructuring and special situations, and capital solutions to corporations, partnerships, and governments. The firm operates through three primary business segments: Strategic Advisory, which covers mergers and acquisitions, shareholder advisory, and capital markets advisory; Restructuring and Special Situations, which provides advice on debt and liability management, distressed mergers and acquisitions, and financial restructurings; and Park Hill, the firm’s dedicated capital-raising and secondary advisory business for private equity, real estate, hedge funds, and infrastructure.
The Strategic Advisory practice at PJT Partners assists clients with complex transactions such as cross-border mergers, spin-offs, divestitures, and takeover defenses, drawing on deep industry expertise and global reach.
Featured Stories Five stocks we like better than PJT Partners
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NEW YORK--(BUSINESS WIRE)--PJT Partners Inc. (the “Company,” “PJT Partners,” “we,” “us" or “our”) (NYSE: PJT) today announced its financial results for the first quarter ended March 31, 2026. Revenues and Expenses The following table sets forth information relating to the Company's revenues and expenses for the three months ended March 31, 2026 and 2025: Three Months Ended March 31, GAAP As Adjusted 2026 2025 Change 2026 2025 Change (Dollars in Millions) .
PJT Partners Chair and CEO Paul Taubman says M&A activity isn't accelerating but at healthy levels. Speaking with Bloomberg's Dani Burger at the Milken Institute Global Conference in Beverly Hills, California, Taubman calls the private credit market's issues a “public relations” challenge.
"When you deal with retail investors the level of protection needs to be amplified," says PJT Partners Chairman and CEO Paul Taubman on the relationship between retail investors and private credit
Helen T Meates, Chief Financial Officer of PJT Partners (PJT +0.90%), reported the sale of 8,000 shares of Common Stock in an open-market transaction valued at ~$1.23 million, according to a SEC Form 4 filing.
Transaction summaryMetricValueShares sold (direct)8,000Transaction value$1.2 millionPost-transaction shares (direct)58,466Post-transaction value (direct ownership)$9.1 millionTransaction value based on SEC Form 4 reported price ($153.19); post-transaction value based on May 1, 2026 market close ($154.84).
Key questionsHow material is the sale relative to Meates's total PJT equity exposure?
The 8,000 shares sold correspond to 12.04% of Meates's direct Common Stock holdings at the time of the transaction, with all post-trade ownership remaining in direct Class A Common Stock (58,466 shares).What transaction mechanics or timing factors are relevant?
The sale executed at around $153.19 per share occurred during a period when PJT shares closed at $154.84, and follows a previous open-market sales in 2023 and 2024, reflecting a stepwise approach to liquidity as direct holdings decrease.Does the sale alter the executive’s long-term alignment with shareholders?
Following the sale, Meates continues to hold a substantial direct equity position, representing an estimated 0.22% of outstanding shares as of May 1, 2026.How does this activity compare to prior trading cadence or capacity?
Since early 2023, Meates has made three open-market sales — 30,000 shares in February 2023, about 17,900 across consecutive days in late February and early March 2024, and 8,000 shares in May 2026 — with most other historical filings reflecting administrative events and no net change in economic exposure.Company overviewMetricValueEmployees1,143Revenue (TTM)$1.81 billionNet income (TTM)$324.83 million1-year price change6.63%* 1-year price change calculated as of market close May 6, 2026.
Company snapshotThe company provides strategic advisory, restructuring, capital markets, and shareholder advisory services, with revenue primarily from M&A advisory, restructuring, and fund placement fees.PJT operates a fee-based business model, generating income from advisory assignments, transaction fees, and fundraising mandates for corporate and institutional clients.It serves corporations, financial sponsors, institutional investors, and government entities globally as its primary customer segments.PJT Partners is a leading independent investment bank focused on high-value advisory services across mergers and acquisitions, restructurings, and capital markets transactions. The company leverages deep sector expertise and a global client base to deliver complex strategic solutions for corporations and institutional investors. Its differentiated platform and strong advisory track record position it as a trusted partner for clients navigating critical financial and strategic events.
What this transaction means for investorsA CFO selling ~$1.2 million in stock sounds alarming on the surface, but the framing matters more than the number. This wasn't a 10b5-1 plan trade — the box on the Form 4 isn't checked — so Meates made a discretionary decision to sell rather than executing a pre-scheduled order, which typically draws more scrutiny. But the broader filing history is what matters. Since early 2023, Meates has sold open-market roughly once a year, and the trend has been steadily smaller: 30,000 shares in February 2023, about 17,900 across consecutive days in late February and early March 2024, and now 8,000 shares in May 2026. After the trade she still holds 58,466 shares directly — roughly $9 million at the transaction price, more than 7x what she just sold. A shrinking annual sale from a long-tenured executive who still holds the bulk of her direct stake reads as routine portfolio management, not a signal about the business. The honest call for investors: watch whether the cadence breaks before reading anything into a trade that fits a multi-year pattern.
Seena Hassouna has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends PJT Partners. The Motley Fool has a disclosure policy.
Investors in PJT Partners Inc. (PJT - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the June 18, 2026 $130 Call had some of the highest implied volatility of all equity options today.
What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?Clearly, options traders are pricing in a big move for PJT Partners shares, but what is the fundamental picture for the company? Currently, PJT Partners is a Zacks Rank #4 (Sell) in the Financial - Miscellaneous Services industry that ranks in the Top 36% of our Zacks Industry Rank. Over the last 60 days, no analyst increased the earnings estimates for the current quarter, while one has dropped the estimates. The net effect has taken our Zacks Consensus Estimate for the current quarter from $1.58 per share to $1.54 in that period.
Given the way analysts feel about PJT Partners right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
David Travin, General Counsel of PJT Partners (PJT +0.90%), reported the sale of 3,000 shares of Common Stock in multiple open-market transactions on May 6, 2026, as disclosed in the SEC Form 4 filing.
Transaction summaryMetricValueShares sold (direct)3,000Transaction value~$457KPost-transaction shares (direct)2,052Post-transaction value (direct ownership)~$312KTransaction value based on SEC Form 4 weighted average transaction price ($152.43).
Key questionsWhat impact does the sale have on Adam's ownership and potential influence?
The sale reduced Travin’s direct Common Stock holdings by 59.38%, leaving him with 2,052 directly held shares.Was there any indication of derivative or indirect participation in this event?
No; the transaction exclusively involved direct holdings of Common Stock, with no involvement of options, restricted stock units, trusts, or other indirect entities, and Adam reports zero indirect holdings post-transaction.Does the declining trade size reflect a change in intent or simply reduced holdings capacity?
The smaller trade size primarily reflects Travin's shrinking available share pool, as cumulative sales since February 2024 have reduced his direct Common Stock holdings from 18,881 to 2,052, limiting the size of subsequent transactions.Company overviewMetricValuePrice (as of market close June 1, 2026)$156.20Market capitalization$4.0 billionRevenue (TTM)$1.81 billionNet income (TTM)$324.8 million1 year performance3.68%* 1-year performance figures are calculated using Jun 1, 2026 as the reference date.
Company snapshotPJT provides strategic advisory, restructuring, capital markets, and private fund advisory services, with revenue primarily generated from transaction and advisory fees.The company operates an advisory-driven business model focused on M&A, capital raising, restructuring, and shareholder engagement for institutional and corporate clients.It serves corporations, financial sponsors, institutional investors, and government entities globally, with a concentration in complex financial transactions.PJT Partners is a leading independent investment bank specializing in strategic advisory, restructuring, and capital markets services. The company leverages deep sector expertise and a global client base to deliver high-value advisory solutions across complex financial situations. Its competitive advantage stems from a focus on independent advice, a diversified service offering, and established relationships with major institutional clients.
What this transaction means for investorsThis filing is noise. Travin, as General Counsel, sits outside the business-facing side of PJT — he's not a dealmaker with a front-row view of the pipeline. He sold freshly vested RSU shares, which is routine compensation management, and the transaction tells you nothing about conviction in the stock. PJT operates in a corner of finance where revenue is lumpy and tied to deal cycles. It has built a credible independent advisory franchise, but earnings move with transaction volume, not on a predictable schedule. Whether the firm can hold its positioning through a slower deal environment is what's worth watching — not what the General Counsel did with a vesting event.
If you’d like to explore the financial sector further, check out this article on bank EFT’s and bank stocks.
Seena Hassouna has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends PJT Partners. The Motley Fool has a disclosure policy.
