Perella Weinberg Partners (NASDAQ:PWP) Releases Quarterly Earnings Results

Perella Weinberg Partners (NASDAQ:PWP) released its quarterly earnings results on Friday. The company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.14, FiscalAI reports. Perella Weinberg Partners had a negative return on equity of 19.90% and a net margin of 2.82%.The company had revenue of $156.53 million for the quarter, compared to analyst estimates of $144.76 million.

Here are the key takeaways from Perella Weinberg Partners’ conference call:

• Business momentum accelerated: year-to-date announcements increased sharply, with nearly 40% occurring since the start of June. Announced and pending backlog is up nearly 2.5 times year over year, while booked revenue plus backlog is up more than 30%.
• Second-quarter revenue rose 1% year over year to $157 million, but first-half revenue fell 17% to $305 million. Management expects revenue to be weighted toward the second half, although some large fee events may not be recognized until 2027 and timing remains uncertain.
• Restructuring and liability-management activity remains strong, supported by upcoming 2028–2029 debt maturities and rising rating-agency pressure. The firm also closed its first private funds advisory transactions and reported encouraging client and pipeline traction.
• Management reiterated its full-year adjusted compensation-ratio target of 67%, while full-year adjusted non-compensation expense is expected to decline by a single-digit percentage from 2025. The firm also returned $73 million to equity holders year to date and ended the quarter with $116 million in cash and no debt.
• Perella Weinberg continues investing in talent, with six partners expected to join and eight internal promotions announced. Management said more than one-third of partners are still in the early ramp-up phase, creating long-term growth potential but also requiring time before reaching the firm’s targeted mature productivity level.

Perella Weinberg Partners Price Performance

Shares of PWP stock opened at $17.65 on Friday. The company has a fifty day moving average price of $16.05 and a two-hundred day moving average price of $18.46. Perella Weinberg Partners has a one year low of $14.11 and a one year high of $25.92. The stock has a market cap of $1.64 billion, a P/E ratio of 67.89 and a beta of 1.65.

Perella Weinberg Partners Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 28th will be paid a $0.07 dividend. The ex-dividend date is Friday, August 28th. This represents a $0.28 dividend on an annualized basis and a yield of 1.6%. Perella Weinberg Partners’s dividend payout ratio (DPR) is currently 116.67%.

Insider Buying and Selling at Perella Weinberg Partners

In other news, CFO Alexandra Gottschalk sold 51,671 shares of the business’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $19.74, for a total transaction of $1,019,985.54. Following the transaction, the chief financial officer directly owned 72,492 shares in the company, valued at $1,430,992.08. The trade was a 41.62% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last quarter, insiders have sold 109,477 shares of company stock worth $2,034,533. 26.10% of the stock is owned by insiders.

Hedge Funds Weigh In On Perella Weinberg Partners

A number of institutional investors have recently bought and sold shares of PWP. Los Angeles Capital Management LLC acquired a new stake in shares of Perella Weinberg Partners in the fourth quarter valued at approximately $45,000. Kemnay Advisory Services Inc. acquired a new position in shares of Perella Weinberg Partners during the 4th quarter worth approximately $86,000. Tower Research Capital LLC TRC increased its holdings in shares of Perella Weinberg Partners by 460.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 5,151 shares of the company’s stock worth $100,000 after acquiring an additional 4,232 shares during the last quarter. Captrust Financial Advisors raised its stake in Perella Weinberg Partners by 13.6% in the 4th quarter. Captrust Financial Advisors now owns 11,114 shares of the company’s stock valued at $192,000 after acquiring an additional 1,330 shares during the period. Finally, Bridgefront Capital LLC bought a new stake in Perella Weinberg Partners in the 4th quarter valued at $195,000. Institutional investors and hedge funds own 41.07% of the company’s stock.

Key Stories Impacting Perella Weinberg Partners

Here are the key news stories impacting Perella Weinberg Partners this week:

• Positive Sentiment: Earnings beat estimates: Q2 revenue increased 1% year over year to $156.5 million, while adjusted EPS of $0.20 surpassed the $0.06 consensus estimate. Adjusted pre-tax income reached $27 million, compared with $12 million a year earlier. Perella Weinberg Reports Second Quarter 2026 Results
• Positive Sentiment: Stronger backlog and margin outlook: Management said booked revenue plus announced and pending backlog was well above last year’s level, with announced and pending backlog reportedly rising nearly 2.5 times. The firm is targeting a 67% adjusted compensation ratio for 2026, which could support profitability as revenue improves. Perella Weinberg targets 67% 2026 adjusted compensation ratio
• Positive Sentiment: Growth initiatives and shareholder returns: PWP added 10 partners and 11 managing directors year to date, expects to close its Gleacher Shacklock acquisition in the third quarter, has no debt and $115.8 million in cash, and declared a $0.07 quarterly dividend. It also returned $72.7 million to equity holders through dividends and share retirements.
• Neutral Sentiment: PWP announced the promotion of eight managing directors to partners, reinforcing its strategy of investing in senior talent but potentially adding to near-term compensation costs. Perella Weinberg Announces Partner Promotions
• Negative Sentiment: First-half revenue declined 17% to $305.4 million, and PWP posted a $5 million GAAP pre-tax loss. Q2 GAAP compensation rose to 74% of revenue, while business realignment and headcount-reduction costs are expected to total approximately $22 million through year-end.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on PWP shares. Weiss Ratings lowered shares of Perella Weinberg Partners from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, July 16th. Keefe, Bruyette & Woods dropped their target price on Perella Weinberg Partners from $23.50 to $19.00 and set an “outperform” rating on the stock in a report on Friday, July 10th. Citizens Jmp reduced their price target on Perella Weinberg Partners from $32.00 to $30.00 and set a “market outperform” rating for the company in a research report on Friday, April 10th. Finally, The Goldman Sachs Group set a $16.00 price target on Perella Weinberg Partners in a research note on Friday, June 12th. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Perella Weinberg Partners has an average rating of “Hold” and a consensus price target of $21.50.

About Perella Weinberg Partners

Perella Weinberg Partners L.P. is a global, partner-led advisory firm specializing in strategic and financial counsel. Founded in 2006 by Joseph R. Perella and Peter Weinberg—both veterans of leading Wall Street institutions—the firm delivers independent advice on mergers and acquisitions, financing, restructuring and capital markets. As an independent entity, it emphasizes senior banker involvement throughout every transaction, ensuring clients benefit from depth of experience and continuity of service.

The firm’s core offerings encompass M&A advisory, debt and equity financing, corporate restructuring and capital markets solutions.