Perella Weinberg Partners (NASDAQ:PWP) Stock Bumped Up to Buy by Wall Street Zen

Wall Street Zen upgraded shares of Perella Weinberg Partners (NASDAQ:PWP) from a hold rating to a buy rating in a research report released on Saturday,Wall Street Zen reports.

Several other equities analysts have also recently issued reports on the company. Weiss Ratings cut Perella Weinberg Partners from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, October 14th. The Goldman Sachs Group raised their target price on Perella Weinberg Partners from $14.50 to $16.00 and gave the stock a “sell” rating in a report on Monday, August 3rd. Finally, Keefe, Bruyette & Woods reiterated an “outperform” rating and set a $20.00 price target (up from $19.00) on shares of Perella Weinberg Partners in a research report on Friday. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Perella Weinberg Partners currently has an average rating of “Hold” and a consensus price target of $21.75.

Perella Weinberg Partners Stock Up 5.2%

Shares of Perella Weinberg Partners stock opened at $14.73 on Friday. The company has a market cap of $1.39 billion, a P/E ratio of 37.77 and a beta of 1.63. The firm’s 50 day moving average price is $14.77 and its 200-day moving average price is $17.43. Perella Weinberg Partners has a 52-week low of $12.13 and a 52-week high of $25.92.

Perella Weinberg Partners (NASDAQ:PWP) last announced its earnings results on Thursday, October 29th. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.22. The company had revenue of $251.37 million during the quarter, compared to the consensus estimate of $172.82 million. Perella Weinberg Partners had a net margin of 4.35% and a negative return on equity of 79.92%.

Perella Weinberg Partners Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 8th. Investors of record on Tuesday, November 24th will be issued a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Tuesday, November 24th. Perella Weinberg Partners’s payout ratio is currently 71.79%.

Insider Activity

In related news, CEO Andrew Bednar sold 77,753 shares of the stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $17.41, for a total transaction of $1,353,679.73. Following the transaction, the chief executive officer owned 1,061,260 shares of the company’s stock, valued at approximately $18,476,536.60. This represents a 6.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 235,697 shares of company stock valued at $4,080,379. 26.10% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Perella Weinberg Partners

Institutional investors have recently bought and sold shares of the company. Sterling Capital Management LLC increased its stake in Perella Weinberg Partners by 902.0% during the third quarter. Sterling Capital Management LLC now owns 2,475 shares of the company’s stock worth $40,000 after purchasing an additional 2,228 shares during the period. Allworth Financial LP lifted its position in shares of Perella Weinberg Partners by 328.8% during the second quarter. Allworth Financial LP now owns 3,143 shares of the company’s stock worth $50,000 after purchasing an additional 2,410 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Perella Weinberg Partners by 24.3% in the first quarter. PNC Financial Services Group Inc. now owns 6,852 shares of the company’s stock valued at $124,000 after purchasing an additional 1,338 shares during the period. State of Wyoming purchased a new position in shares of Perella Weinberg Partners in the third quarter valued at approximately $141,000. Finally, Engineers Gate Manager LP purchased a new position in shares of Perella Weinberg Partners in the second quarter valued at approximately $273,000. 41.07% of the stock is owned by institutional investors and hedge funds.

Key Perella Weinberg Partners News

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

• Positive Sentiment: Q3 results substantially exceeded expectations. Revenue rose 53% year over year to $251 million, while adjusted EPS was $0.39 versus the $0.17 consensus estimate. GAAP diluted EPS was $0.21, and adjusted pretax income reached $56 million. Earnings Beat Might Change The Case For Investing In Perella Weinberg Partners Stock
• Positive Sentiment: Management signaled continued momentum. Executives said the firm is entering the fourth quarter and 2027 with strong momentum. The September acquisition of Gleacher Shacklock is expected to expand PWP’s advisory presence in the United Kingdom and Europe, while the company has continued adding senior talent. Perella Weinberg Reports Third Quarter 2026 Results
• Positive Sentiment: Keefe, Bruyette & Woods reaffirmed its “outperform” rating and raised its price target to $20 from $19, implying meaningful potential upside based on the reported reference price. Keefe Bruyette Woods stock recommendations
• Positive Sentiment: Capital returns remain supportive. PWP reported $150 million of cash and no debt, returned $88 million to shareholders during the first nine months, repurchased or retired more than three million shares and declared a quarterly dividend of $0.07 per share.
• Negative Sentiment: Insider selling is a cautionary signal. Company insiders made seven reported open-market sales over the past six months and no purchases, including sales by CEO Andrew Bednar and CFO Alexandra Gottschalk. PWP also retains a negative return on equity, so investors may monitor whether the earnings improvement is sustainable.

About Perella Weinberg Partners

Perella Weinberg Partners (NASDAQ: PWP) is an independent investment banking and financial services firm that provides strategic and financial advice to corporations, financial institutions, governments, and other organizations. The firm focuses on complex, high-value transactions and situations that require specialized advice and senior-level expertise.

Its services include mergers and acquisitions, strategic transactions, financial restructurings, capital markets advisory, and private capital advisory.