Piper Sandler Companies (NYSE:PIPR) Stock Moved Down to Strong Sell by Zacks Research

Posted by Brian Himes on Oct 15th, 2026

Piper Sandler Companies (NYSE:PIPR – Get Free Report) was downgraded by investment analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report released on Tuesday, Zacks reports.

Several other equities research analysts have also recently weighed in on PIPR. The Goldman Sachs Group set a $80.00 price target on Piper Sandler Companies and gave the company a “buy” rating in a research report on Thursday, October 1st. Weiss Ratings reissued a “hold (c+)” rating on shares of Piper Sandler Companies in a report on Monday, August 17th. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $90.81.

Get Our Latest Stock Analysis on PIPR

Piper Sandler Companies Stock Performance

NYSE:PIPR opened at $63.97 on Tuesday. Piper Sandler Companies has a 52-week low of $61.35 and a 52-week high of $95.07. The firm has a market cap of $4.52 billion, a price-to-earnings ratio of 13.55, a PEG ratio of 1.93 and a beta of 1.43. The business’s fifty day moving average is $72.35 and its 200 day moving average is $76.75.

Piper Sandler Companies (NYSE:PIPR – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.16. Piper Sandler Companies had a return on equity of 21.92% and a net margin of 14.51%. The business had revenue of $491.14 million for the quarter, compared to analysts’ expectations of $445.28 million. During the same quarter in the prior year, the firm posted $2.92 EPS. The firm’s quarterly revenue was up 24.9% on a year-over-year basis. Equities analysts predict that Piper Sandler Companies will post 4.47 EPS for the current fiscal year.

Institutional Investors Weigh In On Piper Sandler Companies

Institutional investors and hedge funds have recently made changes to their positions in the business. Rockefeller Capital Management L.P. boosted its position in shares of Piper Sandler Companies by 71.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 346 shares of the company’s stock valued at $118,000 after acquiring an additional 144 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its holdings in shares of Piper Sandler Companies by 544.4% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 174 shares of the company’s stock worth $59,000 after purchasing an additional 147 shares in the last quarter. Corient Private Wealth LLC grew its holdings in shares of Piper Sandler Companies by 16.7% during the fourth quarter. Corient Private Wealth LLC now owns 1,202 shares of the company’s stock worth $408,000 after purchasing an additional 172 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Piper Sandler Companies by 17.6% in the third quarter. GAMMA Investing LLC now owns 2,201 shares of the company’s stock worth $145,000 after purchasing an additional 330 shares during the last quarter. Finally, Sterling Capital Management LLC increased its position in shares of Piper Sandler Companies by 296.5% in the first quarter. Sterling Capital Management LLC now owns 452 shares of the company’s stock worth $35,000 after purchasing an additional 338 shares during the last quarter. Hedge funds and other institutional investors own 72.79% of the company’s stock.

Piper Sandler Companies Company Profile

(Get Free Report)

Piper Sandler Companies (NYSE:PIPR) is a U.S.-based investment bank and financial services firm that provides capital markets and advisory services to corporations, financial institutions, public entities and other organizations. Its activities include investment banking, mergers and acquisitions advisory, equity and debt offerings, private placements, restructuring advice and strategic consulting.

The company also offers institutional securities services, including equity and fixed-income research, sales and trading, and municipal finance capabilities.