Piper Sandler Companies (NYSE:PIPR) Lowered to “Hold” Rating by Wall Street Zen

17 Feb 2026, 07:04 by Kim Johansen · The Markets Daily

Wall Street Zen downgraded shares of Piper Sandler Companies (NYSE:PIPR – Free Report) from a buy rating to a hold rating in a research report released on Monday morning.

PIPR has been the subject of several other reports. Weiss Ratings reissued a “hold (c)” rating on shares of Piper Sandler Companies in a research note on Friday, January 23rd. The Goldman Sachs Group raised Piper Sandler Companies from a “neutral” rating to a “buy” rating and boosted their price target for the company from $368.00 to $386.00 in a research report on Monday, November 10th. Zacks Research upgraded Piper Sandler Companies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 10th. Bank of America assumed coverage on Piper Sandler Companies in a research note on Monday, January 26th. They issued an “underperform” rating and a $385.00 price objective on the stock. Finally, Wolfe Research reissued an “outperform” rating and set a $398.00 target price on shares of Piper Sandler Companies in a research report on Wednesday, January 7th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $389.67.

Get Our Latest Stock Analysis on Piper Sandler Companies

Piper Sandler Companies Trading Up 0.6%

Piper Sandler Companies stock opened at $323.34 on Monday. The stock has a fifty day moving average price of $352.22 and a 200 day moving average price of $340.35. Piper Sandler Companies has a 52 week low of $202.91 and a 52 week high of $380.26. The firm has a market capitalization of $5.72 billion, a P/E ratio of 20.45, a PEG ratio of 1.78 and a beta of 1.53.

Shares of Piper Sandler Companies are set to split before the market opens on Tuesday, March 24th. The 4-1 split was announced on Friday, February 6th. The newly minted shares will be payable to shareholders after the closing bell on Monday, March 23rd.

Piper Sandler Companies (NYSE:PIPR – Get Free Report) last released its earnings results on Friday, February 6th. The company reported $6.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.72 by $2.16. Piper Sandler Companies had a net margin of 14.77% and a return on equity of 22.50%. The firm had revenue of $635.00 million during the quarter, compared to the consensus estimate of $516.52 million. During the same period in the previous year, the firm earned $4.80 earnings per share. Piper Sandler Companies’s revenue was up 27.4% compared to the same quarter last year.

Piper Sandler Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Tuesday, March 3rd will be given a $0.70 dividend. The ex-dividend date of this dividend is Tuesday, March 3rd. This represents a $2.80 annualized dividend and a dividend yield of 0.9%. Piper Sandler Companies’s dividend payout ratio is presently 17.71%.

Insider Activity

In other news, President Debbra L. Schoneman sold 5,240 shares of Piper Sandler Companies stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $350.99, for a total transaction of $1,839,187.60. Following the sale, the president owned 2,896 shares in the company, valued at $1,016,467.04. This trade represents a 64.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Chad R. Abraham sold 3,000 shares of the business’s stock in a transaction on Friday, November 28th. The stock was sold at an average price of $336.21, for a total transaction of $1,008,630.00. Following the transaction, the chief executive officer directly owned 53,558 shares in the company, valued at approximately $18,006,735.18. The trade was a 5.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 14,007 shares of company stock worth $4,777,109. 2.70% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Piper Sandler Companies

A number of large investors have recently added to or reduced their stakes in PIPR. Norges Bank purchased a new position in Piper Sandler Companies in the 4th quarter valued at about $79,239,000. American Century Companies Inc. increased its position in shares of Piper Sandler Companies by 1,155.7% during the second quarter. American Century Companies Inc. now owns 200,149 shares of the company’s stock worth $55,630,000 after acquiring an additional 184,210 shares during the last quarter. Franklin Resources Inc. acquired a new position in shares of Piper Sandler Companies in the second quarter worth about $51,021,000. Wellington Management Group LLP purchased a new position in Piper Sandler Companies in the third quarter valued at about $38,425,000. Finally, Greenwich Wealth Management LLC boosted its holdings in Piper Sandler Companies by 415.1% in the second quarter. Greenwich Wealth Management LLC now owns 104,200 shares of the company’s stock valued at $28,961,000 after purchasing an additional 83,971 shares during the last quarter. 72.79% of the stock is owned by institutional investors and hedge funds.

About Piper Sandler Companies

(Get Free Report)

Piper Sandler Companies (NYSE: PIPR) is an investment bank and institutional securities firm that provides a range of capital markets and advisory services to corporations, institutions, municipalities and high-net-worth individuals. The firm’s core activities include investment banking and M&A advisory, underwriting and distribution of equity and debt securities, public finance, and sector-focused advisory across industries such as healthcare, energy, financial services and technology.