Pershing Square (NYSE:PS) Trading 5.4% Higher – Still a Buy?

Posted by Brian Himes on Sep 16th, 2026

Pershing Square Inc. (NYSE:PS – Get Free Report)’s share price shot up 5.4% on Monday . The stock traded as high as $40.16 and last traded at $39.70. Approximately 72,553 shares traded hands during mid-day trading, a decline of 79% from the average session volume of 351,058 shares. The stock had previously closed at $37.67.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on PS shares. Loop Capital initiated coverage on shares of Pershing Square in a research note on Tuesday, May 26th. They set a “buy” rating and a $49.00 target price for the company. Royal Bank Of Canada dropped their price target on shares of Pershing Square from $40.00 to $38.00 and set a “sector perform” rating on the stock in a research note on Monday, July 13th. Wells Fargo & Company increased their price objective on Pershing Square from $34.00 to $36.00 and gave the stock an “equal weight” rating in a report on Thursday, September 3rd. Tigress Financial lifted their price objective on Pershing Square from $39.00 to $41.00 and gave the company a “neutral” rating in a research report on Thursday, September 3rd. Finally, Oppenheimer started coverage on Pershing Square in a research note on Tuesday, May 26th. They issued a “market perform” rating on the stock. Two analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $41.33.

Check Out Our Latest Stock Report on Pershing Square

Pershing Square Price Performance

The stock’s fifty day moving average price is $37.58. The company has a market cap of $15.66 billion and a P/E ratio of 279.64.

Pershing Square (NYSE:PS – Get Free Report) last released its quarterly earnings results on Wednesday, August 12th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.02. The company had revenue of $68.03 million for the quarter. Equities research analysts anticipate that Pershing Square Inc. will post 0.56 EPS for the current year.

Pershing Square Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Shareholders of record on Monday, July 13th were given a dividend of $0.122 per share. The ex-dividend date of this dividend was Monday, July 13th. This represents a $0.49 dividend on an annualized basis and a yield of 1.2%. Pershing Square’s dividend payout ratio is presently 350.00%.

Hedge Funds Weigh In On Pershing Square

A number of institutional investors have recently modified their holdings of the company. Rivernorth Capital Management LLC acquired a new stake in shares of Pershing Square in the second quarter worth $14,787,000. Clal Insurance Enterprises Holdings Ltd acquired a new position in Pershing Square in the 2nd quarter valued at $9,858,000. Equitec Proprietary Markets LLC bought a new position in Pershing Square in the 2nd quarter worth $3,828,000. NewEdge Advisors LLC acquired a new position in Pershing Square during the 2nd quarter worth $1,702,000. Finally, Proficio Capital Partners LLC acquired a new position in Pershing Square during the 2nd quarter worth $1,459,000.

About Pershing Square

(Get Free Report)

Pershing Square USA, Ltd. is a closed-end investment company listed on the New York Stock Exchange under the symbol PS. Rather than operating a conventional commercial business, the company invests shareholder capital in a concentrated portfolio of publicly traded companies.

The fund seeks long-term capital appreciation by investing primarily in large, established North American businesses. Its investment approach emphasizes fundamental research, a limited number of high-conviction holdings, and active engagement with portfolio companies when appropriate.

Pershing Square USA is managed by Pershing Square Capital Management, an investment management firm founded by William A.