PJT Partners Inc. (NYSE:PJT) Receives Consensus Recommendation of “Hold” from Brokerages

Posted by Brenda Bartman on Jul 30th, 2026

PJT Partners Inc. (NYSE:PJT – Get Free Report) has been assigned an average recommendation of “Hold” from the seven research firms that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $179.3333.

PJT has been the subject of a number of analyst reports. The Goldman Sachs Group upgraded PJT Partners from a “neutral” rating to a “buy” rating and set a $170.00 price objective for the company in a research report on Wednesday, April 1st. UBS Group reiterated a “neutral” rating and issued a $176.00 target price on shares of PJT Partners in a research note on Wednesday. Keefe, Bruyette & Woods boosted their price target on shares of PJT Partners from $185.00 to $195.00 and gave the company an “outperform” rating in a report on Wednesday. Zacks Research upgraded shares of PJT Partners from a “strong sell” rating to a “hold” rating in a research report on Monday, June 29th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of PJT Partners in a research report on Friday, May 29th.

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PJT Partners Stock Down 5.1%

PJT opened at $164.38 on Thursday. The company’s 50-day moving average price is $159.06 and its 200 day moving average price is $156.43. PJT Partners has a fifty-two week low of $127.73 and a fifty-two week high of $195.62. The firm has a market cap of $4.25 billion, a price-to-earnings ratio of 22.49 and a beta of 0.85.

PJT Partners (NYSE:PJT – Get Free Report) last issued its earnings results on Tuesday, July 28th. The financial services provider reported $1.97 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.40. The company had revenue of $486.29 million during the quarter, compared to the consensus estimate of $425.28 million. PJT Partners had a return on equity of 32.88% and a net margin of 10.57%.PJT Partners’s quarterly revenue was up 19.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.54 earnings per share. Research analysts anticipate that PJT Partners will post 7.5 earnings per share for the current year.

PJT Partners Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Wednesday, September 2nd will be paid a $0.25 dividend. The ex-dividend date is Wednesday, September 2nd. This represents a $1.00 annualized dividend and a dividend yield of 0.6%. PJT Partners’s dividend payout ratio (DPR) is presently 14.58%.

Insider Buying and Selling

In other news, CFO Helen T. Meates sold 8,000 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $153.19, for a total transaction of $1,225,520.00. Following the completion of the transaction, the chief financial officer directly owned 58,466 shares in the company, valued at approximately $8,956,406.54. The trade was a 12.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, General Counsel David Adam Travin sold 3,000 shares of the stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $152.43, for a total value of $457,290.00. Following the completion of the transaction, the general counsel directly owned 2,052 shares of the company’s stock, valued at $312,786.36. This trade represents a 59.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 10.98% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of PJT. Versant Capital Management Inc increased its holdings in shares of PJT Partners by 73.3% during the second quarter. Versant Capital Management Inc now owns 234 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 99 shares during the period. Allworth Financial LP grew its position in PJT Partners by 85.8% in the 4th quarter. Allworth Financial LP now owns 288 shares of the financial services provider’s stock valued at $48,000 after buying an additional 133 shares in the last quarter. Cassaday & Co Wealth Management LLC bought a new position in PJT Partners in the 1st quarter valued at about $50,000. State of Wyoming acquired a new position in PJT Partners during the 2nd quarter valued at about $63,000. Finally, Kestra Advisory Services LLC acquired a new position in PJT Partners during the 4th quarter valued at about $65,000. Institutional investors own 89.23% of the company’s stock.

More PJT Partners News

Here are the key news stories impacting PJT Partners this week:

Positive Sentiment: Quarterly results significantly exceeded expectations. PJT reported record second-quarter revenue of $486.3 million, up 19.5% year over year, and adjusted EPS of $1.97, surpassing consensus estimates of $425.3 million in revenue and $1.57–$1.65 in EPS. Earnings also rose from $1.54 per share a year earlier. PJT Partners Reports Record Second Quarter Results
Positive Sentiment: Restructuring and placement activity remain key growth drivers. Management indicated that elevated restructuring demand is likely to continue, while partner productivity, strategic advisory and significant placement revenue supported growth despite difficult private-equity market conditions. PJT Partners Expecting a Slowdown, Though Restructuring Remains Strong
Positive Sentiment: Analyst sentiment improved. Keefe, Bruyette & Woods raised its price target from $185 to $195 and assigned an “outperform” rating, implying meaningful upside from recent levels. Benzinga Analyst Price Target Update
Neutral Sentiment: PJT declared a quarterly dividend of $0.25 per share, equivalent to an annualized yield of approximately 0.6%. The payout provides modest shareholder income but is unlikely to be a major stock catalyst.
Negative Sentiment: Investors are concerned about the forward outlook. Management expects strategic-advisory growth to decelerate as higher capital costs and market uncertainty weigh on transactions, while 2026 non-compensation expenses are projected to increase approximately 14%. These factors may limit earnings momentum even after the quarterly beat. PJT Partners Expense and Growth Outlook

About PJT Partners

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PJT Partners is a global advisory-focused investment bank that delivers strategic advisory, restructuring and special situations, and capital solutions to corporations, partnerships, and governments. The firm operates through three primary business segments: Strategic Advisory, which covers mergers and acquisitions, shareholder advisory, and capital markets advisory; Restructuring and Special Situations, which provides advice on debt and liability management, distressed mergers and acquisitions, and financial restructurings; and Park Hill, the firm’s dedicated capital-raising and secondary advisory business for private equity, real estate, hedge funds, and infrastructure.

The Strategic Advisory practice at PJT Partners assists clients with complex transactions such as cross-border mergers, spin-offs, divestitures, and takeover defenses, drawing on deep industry expertise and global reach.