Wellington Management Group LLP Sells 5,919 Shares of PJT Partners Inc. $PJT

Posted by Brenda Bartman on Sep 6th, 2026

Wellington Management Group LLP decreased its stake in PJT Partners Inc. (NYSE:PJT – Free Report) by 3.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 180,160 shares of the financial services provider’s stock after selling 5,919 shares during the period. Wellington Management Group LLP’s holdings in PJT Partners were worth $27,193,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of PJT. Compass Financial Management LLC bought a new stake in PJT Partners in the 2nd quarter valued at $36,000. Bank of New York Mellon Corp bought a new position in shares of PJT Partners during the 2nd quarter worth about $28,397,000. Wasatch Advisors LP raised its position in shares of PJT Partners by 79.3% during the second quarter. Wasatch Advisors LP now owns 1,478,222 shares of the financial services provider’s stock valued at $223,123,000 after buying an additional 653,685 shares during the last quarter. First Bank & Trust raised its position in shares of PJT Partners by 6.1% during the second quarter. First Bank & Trust now owns 4,752 shares of the financial services provider’s stock valued at $717,000 after buying an additional 275 shares during the last quarter. Finally, Balefire LLC bought a new stake in shares of PJT Partners in the second quarter valued at about $220,000. 89.23% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Grace Skaugen sold 1,283 shares of PJT Partners stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $167.67, for a total transaction of $215,120.61. Following the completion of the transaction, the director directly owned 500 shares of the company’s stock, valued at $83,835. This trade represents a 71.96% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director James Costos sold 1,723 shares of the business’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $175.00, for a total transaction of $301,525.00. Following the completion of the transaction, the director owned 11,289 shares in the company, valued at approximately $1,975,575. This trade represents a 13.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 11,951 shares of company stock worth $2,061,681 over the last 90 days. 10.98% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on PJT. Wall Street Zen downgraded PJT Partners from a “buy” rating to a “hold” rating in a research report on Saturday, August 29th. Keefe, Bruyette & Woods raised their price objective on PJT Partners from $185.00 to $195.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. UBS Group reissued a “neutral” rating and set a $176.00 price objective on shares of PJT Partners in a report on Wednesday, July 29th. BMO Capital Markets boosted their price objective on PJT Partners from $183.00 to $194.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. Finally, Zacks Research upgraded PJT Partners from a “strong sell” rating to a “hold” rating in a research note on Monday, June 29th. Three research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $177.50.

Get Our Latest Research Report on PJT Partners

PJT Partners Stock Down 1.4%

Shares of PJT opened at $183.26 on Friday. The company has a 50-day moving average price of $169.40 and a two-hundred day moving average price of $156.69. The stock has a market cap of $4.69 billion, a price-to-earnings ratio of 25.07 and a beta of 0.84. PJT Partners Inc. has a 12 month low of $127.73 and a 12 month high of $195.62.

PJT Partners (NYSE:PJT – Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The financial services provider reported $1.97 EPS for the quarter, beating the consensus estimate of $1.57 by $0.40. PJT Partners had a return on equity of 32.66% and a net margin of 10.57%.The business had revenue of $486.29 million for the quarter, compared to analyst estimates of $425.28 million. During the same quarter in the previous year, the firm earned $1.54 EPS. PJT Partners’s quarterly revenue was up 19.5% on a year-over-year basis. Equities research analysts expect that PJT Partners Inc. will post 8 EPS for the current fiscal year.

PJT Partners Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Wednesday, September 2nd will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Wednesday, September 2nd. PJT Partners’s payout ratio is currently 13.68%.

PJT Partners Profile

(Free Report)

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.