PJT Partners (NYSE:PJT) Upgraded at Wall Street Zen

04 Aug 2026, 02:01 by Teresa Graham · The Cerbat Gem

Wall Street Zen upgraded shares of PJT Partners (NYSE:PJT – Free Report) from a hold rating to a buy rating in a research report released on Saturday morning.

Other equities analysts have also issued reports about the stock. Keefe, Bruyette & Woods increased their price objective on shares of PJT Partners from $185.00 to $195.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Weiss Ratings reissued a “hold (c)” rating on shares of PJT Partners in a research report on Friday, May 29th. Zacks Research upgraded shares of PJT Partners from a “strong sell” rating to a “hold” rating in a research note on Monday, June 29th. Finally, UBS Group reissued a “neutral” rating and issued a $176.00 target price on shares of PJT Partners in a research report on Wednesday, July 29th. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, PJT Partners currently has an average rating of “Hold” and a consensus target price of $177.50.

Read Our Latest Stock Report on PJT

PJT Partners Price Performance

Shares of NYSE:PJT opened at $170.62 on Friday. The business’s 50-day moving average is $159.80 and its 200 day moving average is $156.21. PJT Partners has a 1 year low of $127.73 and a 1 year high of $195.62. The firm has a market capitalization of $4.41 billion, a P/E ratio of 23.34 and a beta of 0.83.

PJT Partners (NYSE:PJT – Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The financial services provider reported $1.97 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.40. PJT Partners had a return on equity of 32.66% and a net margin of 10.57%.The business had revenue of $486.29 million during the quarter, compared to the consensus estimate of $425.28 million. During the same quarter last year, the company earned $1.54 earnings per share. The company’s quarterly revenue was up 19.5% on a year-over-year basis. On average, analysts expect that PJT Partners will post 8 EPS for the current year.

PJT Partners Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Wednesday, September 2nd will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.6%. PJT Partners’s payout ratio is currently 13.68%.

Insider Activity

In related 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 transaction, the general counsel directly owned 2,052 shares of the company’s stock, valued at approximately $312,786.36. This trade represents a 59.38% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Grace Reksten Skaugen sold 1,283 shares of PJT Partners stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $167.67, for a total value of $215,120.61. Following the completion of the sale, the director owned 500 shares in the company, valued at approximately $83,835. The trade was a 71.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 10.98% of the stock is owned by corporate insiders.

Institutional Trading of PJT Partners

A number of institutional investors have recently made changes to their positions in the company. Royal Bank of Canada raised its stake in 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 valued at $1,581,000 after purchasing an additional 3,596 shares during the last quarter. AQR Capital Management LLC grew its holdings 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 buying an additional 2,681 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of PJT Partners by 4.7% in 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 buying an additional 620 shares during the last quarter. Millennium Management LLC lifted its stake in shares of PJT Partners by 1,394.5% in the first quarter. Millennium Management LLC now owns 52,563 shares of the financial services provider’s stock worth $7,247,000 after buying an additional 49,046 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in shares of PJT Partners by 5.6% in the first quarter. Goldman Sachs Group Inc. now owns 370,536 shares of the financial services provider’s stock worth $51,090,000 after buying an additional 19,806 shares in the last quarter. 89.23% of the stock is owned by institutional investors and hedge funds.

PJT Partners Company Profile

(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.