Perella Weinberg Partners (NASDAQ:PWP – Get Free Report) shares traded down 8.3% on Monday . The company traded as low as $15.48 and last traded at $15.1830. 212,974 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 1,120,867 shares. The stock had previously closed at $16.56.
Analysts Set New Price Targets
A number of research firms have recently commented on PWP. Weiss Ratings upgraded Perella Weinberg Partners from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, June 9th. Citizens Jmp reduced their target price on Perella Weinberg Partners from $32.00 to $30.00 and set a “market outperform” rating on the stock in a report on Friday, April 10th. The Goldman Sachs Group set a $16.00 price target on Perella Weinberg Partners in a research report on Friday, June 12th. Finally, Keefe, Bruyette & Woods upped their price target on Perella Weinberg Partners from $21.00 to $23.50 and gave the stock an “outperform” rating in a research note on Monday, May 4th. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $22.62.
View Our Latest Analysis on PWP
Perella Weinberg Partners Price Performance
Perella Weinberg Partners (NASDAQ:PWP – Get Free Report) last posted its earnings results on Friday, May 1st. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.11). Perella Weinberg Partners had a net margin of 2.82% and a negative return on equity of 19.90%. The business had revenue of $148.92 million for the quarter, compared to analyst estimates of $158.82 million.
Perella Weinberg Partners Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Monday, June 1st. Perella Weinberg Partners’s payout ratio is currently 116.67%.
Insider Buying and Selling at Perella Weinberg Partners
In other news, CFO Alexandra Gottschalk sold 14,018 shares of the company’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $17.46, for a total value of $244,754.28. Following the completion of the sale, the chief financial officer owned 72,492 shares of the company’s stock, valued at $1,265,710.32. This represents a 16.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold a total of 109,477 shares of company stock valued at $2,034,533 over the last ninety days. 26.10% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Perella Weinberg Partners
Several hedge funds have recently modified their holdings of the stock. Los Angeles Capital Management LLC acquired a new position in Perella Weinberg Partners during the 4th quarter worth approximately $45,000. Torren Management LLC acquired a new stake in Perella Weinberg Partners in the fourth quarter valued at approximately $62,000. Kemnay Advisory Services Inc. purchased a new stake in shares of Perella Weinberg Partners during the fourth quarter valued at approximately $86,000. Tower Research Capital LLC TRC raised its stake in shares of Perella Weinberg Partners by 460.5% during the second quarter. Tower Research Capital LLC TRC now owns 5,151 shares of the company’s stock valued at $100,000 after purchasing an additional 4,232 shares during the period. Finally, PNC Financial Services Group Inc. lifted its position in shares of Perella Weinberg Partners by 24.3% during the first quarter. PNC Financial Services Group Inc. now owns 6,852 shares of the company’s stock worth $124,000 after purchasing an additional 1,338 shares in the last quarter. 41.07% of the stock is currently owned by hedge funds and other institutional investors.
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.
Featured Stories
- Five stocks we like better than Perella Weinberg Partners
- The AI Boom Has a Second Act—And It’s Playing Out in Optics
- Gold’s 2026 Rally Has Cracked—Is It Time to Buy the Pullback?
- 5 Tech Stocks to Buy on the July Pullback
- Is OpenAI’s IPO Delay a Warning for AI Investors?
Receive News & Ratings for Perella Weinberg Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Perella Weinberg Partners and related companies with MarketBeat.com's FREE daily email newsletter.
