PJT Partners Inc. $PJT Stock Bought by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al lifted its position in shares of PJT Partners Inc. (NYSE:PJT) by 526.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,400 shares of the financial services provider’s stock after buying an additional 7,900 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in PJT Partners were worth $1,341,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Wasatch Advisors LP lifted its stake in shares of PJT Partners by 79.3% during the second quarter. Wasatch Advisors LP now owns 1,478,222 shares of the financial services provider’s stock valued at $223,123,000 after buying an additional 653,685 shares during the period. Congress Asset Management Co. grew its stake in PJT Partners by 0.7% in the 3rd quarter. Congress Asset Management Co. now owns 728,580 shares of the financial services provider’s stock worth $103,976,000 after acquiring an additional 5,106 shares during the period. Dimensional Fund Advisors LP grew its stake in PJT Partners by 2.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 369,377 shares of the financial services provider’s stock worth $51,609,000 after acquiring an additional 9,337 shares during the period. Principal Financial Group Inc. grew its stake in 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 period. Finally, Bank of New York Mellon Corp acquired a new position in PJT Partners in the 2nd quarter valued at $28,397,000. Institutional investors and hedge funds own 89.23% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Wall Street Zen lowered PJT Partners from a “buy” rating to a “hold” rating in a research note on Saturday, August 29th. Capital One Financial set a $160.00 price objective on PJT Partners in a research report on Tuesday, October 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of PJT Partners in a research note on Wednesday, August 26th. Keefe, Bruyette & Woods reduced their target price on PJT Partners from $159.00 to $155.00 and set a “market perform” rating on the stock in a research report on Wednesday. Finally, UBS Group reduced their target price on PJT Partners from $176.00 to $165.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 7th. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, PJT Partners currently has a consensus rating of “Hold” and an average price target of $167.67.

Insider Buying and Selling

In related news, Director James Costos sold 1,723 shares of PJT Partners stock in a transaction on Friday, August 21st. The stock was sold at an average price of $175.00, for a total value of $301,525.00. Following the transaction, the director owned 11,289 shares in the company, valued at approximately $1,975,575. This trade represents a 13.24% 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, Director Emily Rafferty sold 1,100 shares of the business’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $167.35, for a total value of $184,085.00. Following the sale, the director directly owned 9,568 shares of the company’s stock, valued at approximately $1,601,204.80. This trade represents a 10.31% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 10,668 shares of company stock valued at $1,846,561. 10.98% of the stock is currently owned by company insiders.

PJT Partners Stock Performance

Shares of PJT stock opened at $157.68 on Thursday. PJT Partners Inc. has a one year low of $127.73 and a one year high of $195.62. The company has a 50 day moving average price of $152.71 and a 200 day moving average price of $156.30. The firm has a market capitalization of $4.03 billion, a price-to-earnings ratio of 19.62 and a beta of 0.88.

PJT Partners (NYSE:PJT) last announced its quarterly earnings results on Tuesday, November 3rd. The financial services provider reported $1.41 earnings per share for the quarter, beating analysts’ consensus estimates of $1.39 by $0.02. PJT Partners had a net margin of 10.50% and a return on equity of 27.57%. The company had revenue of $385.12 million for the quarter, compared to analyst estimates of $409.74 million. During the same quarter last year, the business earned $1.85 EPS. PJT Partners’s revenue for the quarter was down 13.8% on a year-over-year basis. As a group, equities analysts forecast that PJT Partners Inc. will post 7.60 EPS for the current fiscal year.

PJT Partners Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 16th. Investors of record on Wednesday, December 2nd will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Wednesday, December 2nd. PJT Partners’s dividend payout ratio (DPR) is 13.68%.

More PJT Partners News

Here are the key news stories impacting PJT Partners this week:

• Positive Sentiment: PJT reported third-quarter EPS of $1.41, slightly above one analyst consensus of $1.39, and said it achieved record results for the first nine months of 2026. That may have helped support the shares. Why PJT stock is up today PJT third-quarter results
• Neutral Sentiment: The company declared a quarterly dividend of $0.25 per share, equivalent to $1.00 annually and a yield of about 0.7%. The payout offers modest income but is unlikely to be a major share-price catalyst. Dividend details
• Negative Sentiment: Quarterly revenue was $385.1 million, below the $409.7 million estimate cited by MarketBeat and down 13.8% year over year. EPS also declined from $1.85 a year earlier, while deal-completion delays and a cautious M&A environment weighed on results. Estimates varied: Zacks said EPS missed its consensus, while another cited consensus showed a small beat. Q3 results and M&A environment
• Negative Sentiment: Keefe, Bruyette & Woods lowered its price target from $159 to $155 and maintained a “market perform” rating, signaling limited near-term upside in its view. Keefe, Bruyette & Woods ratings

PJT Partners Company Profile

PJT Partners Inc (NYSE:PJT) is a global, advisory-focused investment banking and financial services firm. The company provides strategic advice to corporations, financial sponsors, institutional investors and other clients on mergers and acquisitions, divestitures, capital raising, liability management and other complex financial matters.

Its businesses also include restructuring and special situations advisory, private capital advisory and placement services, and shareholder engagement and governance advice.