UBS Group Upgrades Pershing Square (NYSE:PS) to “Hold”

Posted by Brenda Bartman on May 29th, 2026

Pershing Square (NYSE:PS – Get Free Report) was upgraded by UBS Group to a “hold” rating in a research note issued to investors on Tuesday,Zacks.com reports.

Several other brokerages have also commented on PS. Bank of America started coverage on shares of Pershing Square in a research report on Tuesday. They set a “neutral” rating and a $42.00 price target for the company. Wells Fargo & Company started coverage on shares of Pershing Square in a research report on Tuesday. They issued an “equal weight” rating and a $37.00 price objective for the company. Loop Capital began coverage on shares of Pershing Square in a research note on Tuesday. They issued a “buy” rating and a $49.00 target price for the company. Royal Bank Of Canada began coverage on shares of Pershing Square in a research note on Tuesday. They set a “sector perform” rating and a $40.00 price objective on the stock. Finally, Citigroup began coverage on shares of Pershing Square in a research note on Tuesday. They set a “buy” rating and a $50.00 price objective on the stock. Two research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $42.43.

Get Our Latest Report on Pershing Square

Pershing Square Trading Up 5.4%

PS stock opened at $39.08 on Tuesday. The stock has a market cap of $5.80 billion, a P/E ratio of -33.69 and a beta of 2.27. Pershing Square has a 52 week low of $22.01 and a 52 week high of $54.94.

Insider Activity at Pershing Square

In other news, CEO William A. Ackman acquired 800,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The stock was acquired at an average cost of $23.77 per share, with a total value of $19,016,000.00. Following the acquisition, the chief executive officer owned 1,500,000 shares in the company, valued at approximately $35,655,000. This represents a 114.29% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 21.79% of the stock is currently owned by company insiders.

Pershing Square Company Profile

(Get Free Report)

Pershing Square (NYSE: PS) is a publicly traded investment holding company managed by Pershing Square Capital Management, L.P., the investment firm founded and led by William “Bill” Ackman. The vehicle provides outside investors with exposure to the firm’s concentrated, actively managed investment program and is designed to deliver long‑term capital appreciation through a portfolio of equity and related positions.

The company’s principal activities center on investing in publicly traded companies, typically through concentrated long equity positions and selectively using derivatives or other instruments for hedging or to implement investment views.