Pershing Square (NYSE:PS) Cut to “Sell” at Wall Street Zen

Posted by Brian Himes on Oct 14th, 2026

Wall Street Zen downgraded shares of Pershing Square (NYSE:PS – Free Report) from a hold rating to a sell rating in a report issued on Sunday morning,Wall Street Zen reports.

Several other equities research analysts have also recently commented on PS. Tigress Financial upped their price target on Pershing Square from $39.00 to $41.00 and gave the stock a “neutral” rating in a research note on Thursday, September 3rd. JonesTrading lowered shares of Pershing Square from a “buy” rating to a “hold” rating in a research report on Tuesday, September 29th. Wells Fargo & Company began coverage on shares of Pershing Square in a research note on Thursday, October 1st. They issued an “underweight” rating and a $41.00 price objective on the stock. Citigroup cut shares of Pershing Square from a “neutral” rating to a “sell” rating and set a $45.00 price objective on the stock. in a research note on Friday, October 9th. Finally, Weiss Ratings upgraded shares of Pershing Square from a “sell (d)” rating to a “sell (d+)” rating in a research report on Tuesday, August 11th. One research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $42.11.

View Our Latest Stock Analysis on Pershing Square

Pershing Square Trading Down 12.3%

PS opened at $47.56 on Friday. The firm’s 50 day moving average is $44.72. The stock has a market cap of $19.02 billion and a P/E ratio of 339.71. Pershing Square has a 52 week low of $22.01 and a 52 week high of $60.40.

Pershing Square (NYSE:PS – Get Free Report) last posted its quarterly earnings data on Wednesday, August 12th. The company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. The company had revenue of $68.03 million for the quarter. Analysts predict that Pershing Square will post 0.55 earnings per share for the current fiscal year.

Pershing Square Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 20th. Shareholders of record on Monday, October 12th will be given a dividend of $0.1030 per share. This represents a $0.41 annualized dividend and a yield of 0.9%. The ex-dividend date is Friday, October 9th. This is a negative change from Pershing Square’s previous quarterly dividend of $0.1220. Pershing Square’s payout ratio is presently 292.86%.

Hedge Funds Weigh In On Pershing Square

A number of large investors have recently modified their holdings of the business. Rivernorth Capital Management LLC purchased a new stake in shares of Pershing Square in the second quarter valued at approximately $14,787,000. Clal Insurance Enterprises Holdings Ltd acquired a new stake in Pershing Square in the second quarter valued at $9,858,000. Equitec Proprietary Markets LLC acquired a new stake in Pershing Square in the second quarter valued at $3,828,000. NewEdge Advisors LLC acquired a new stake in Pershing Square in the second quarter valued at $1,702,000. Finally, Proficio Capital Partners LLC purchased a new stake in shares of 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. The company is designed to provide investors with long-term capital appreciation through a concentrated portfolio of investments in publicly traded businesses.

The fund is managed by Pershing Square Capital Management, L.P., an investment management firm founded and led by William A. Ackman. Its investment approach generally emphasizes detailed fundamental research, activist engagement when appropriate, and ownership of a limited number of companies that the manager believes have durable business models, strong management teams, and long-term growth potential.

Pershing Square USA primarily focuses on publicly traded companies in the United States and other developed markets, with investment decisions centered on individual business fundamentals rather than broad market exposure.