PJT Partners (NYSE:PJT) Share Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Posted by Stanley Muller on Nov 4th, 2026

PJT Partners Inc. (NYSE:PJT – Get Free Report)’s share price crossed below its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $153.05 and traded as low as $142.88. PJT Partners shares last traded at $147.1220, with a volume of 519,326 shares traded.

Trending Headlines about PJT Partners

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

Positive Sentiment: PJT reported record results for the first nine months of 2026, providing a favorable longer-period counterpoint to the softer quarter. PJT Partners reports third-quarter and record nine-month 2026 results
Neutral Sentiment: Quarterly EPS was $1.41, $0.02 above the $1.39 consensus cited by MarketBeat, but below Zacks’ $1.44 estimate—making the earnings result a modest beat or miss depending on the benchmark. PJT Partners Q3 earnings and revenues lag estimates
Negative Sentiment: Revenue of $385.12 million missed analyst expectations of $409.74 million and fell 13.8% year over year. EPS also declined from $1.85 a year earlier. The revenue shortfall and weaker year-over-year comparisons likely weighed on shares. PJT reports sales below analyst estimates in Q3 2026

Analysts Set New Price Targets

Several research analysts have recently commented on PJT shares. Capital One Financial set a $160.00 price target on shares of PJT Partners in a report on Tuesday, October 6th. Wall Street Zen lowered shares of PJT Partners from a “buy” rating to a “hold” rating in a research note on Saturday, August 29th. Keefe, Bruyette & Woods lowered shares of PJT Partners from an “outperform” rating to a “market perform” rating and dropped their price objective for the stock from $195.00 to $159.00 in a research note on Wednesday, October 7th. Weiss Ratings reissued a “hold (c)” rating on shares of PJT Partners in a report on Wednesday, August 26th. Finally, The Goldman Sachs Group decreased their target price on PJT Partners from $203.00 to $182.00 and set a “buy” rating for the company in a research note on Thursday, October 1st. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $168.33.

Read Our Latest Research Report on PJT

PJT Partners Stock Performance

The company has a market cap of $3.76 billion, a P/E ratio of 20.13 and a beta of 0.88. The stock has a 50 day moving average price of $153.05 and a 200 day moving average price of $156.44.

PJT Partners (NYSE:PJT – Get Free Report) last released its earnings results on Tuesday, November 3rd. The financial services provider reported $1.41 EPS for the quarter, beating the consensus estimate of $1.39 by $0.02. The business had revenue of $385.12 million during the quarter, compared to analyst estimates of $409.74 million. PJT Partners had a net margin of 10.57% and a return on equity of 32.66%. The business’s quarterly revenue was down 13.8% on a year-over-year basis. During the same period in the prior year, the business earned $1.85 earnings per share. As a group, equities research analysts predict that PJT Partners Inc. will post 7.65 earnings per share for the current year.

PJT Partners Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 16th. Stockholders of record on Wednesday, December 2nd will be issued a dividend of $0.25 per share. The ex-dividend date is Wednesday, December 2nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.7%. PJT Partners’s payout ratio is currently 13.68%.

Insider Buying and Selling at PJT Partners

In other PJT Partners news, Director Kievdi Cornwell sold 7,845 shares of the company’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $173.48, for a total value of $1,360,950.60. Following the transaction, the director directly owned 18,865 shares of the company’s stock, valued at $3,272,700.20. This represents a 29.37% 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 stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $175.00, for a total value of $301,525.00. Following the completion of the transaction, the director owned 11,289 shares in the company, valued at $1,975,575. This represents a 13.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 10,668 shares of company stock valued at $1,846,561 in the last 90 days. 10.98% of the stock is currently owned by corporate insiders.

Institutional Trading of PJT Partners

Large investors have recently made changes to their positions in the stock. Wasatch Advisors LP increased its holdings in shares of PJT Partners by 79.3% during the 2nd quarter. Wasatch Advisors LP now owns 1,478,222 shares of the financial services provider’s stock valued at $223,123,000 after acquiring an additional 653,685 shares during the last quarter. Congress Asset Management Co. lifted its holdings in PJT Partners by 0.7% in the 3rd quarter. Congress Asset Management Co. now owns 728,580 shares of the financial services provider’s stock worth $103,976,000 after purchasing an additional 5,106 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in PJT Partners by 2.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 369,377 shares of the financial services provider’s stock worth $51,609,000 after purchasing an additional 9,337 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in PJT Partners in the 2nd quarter worth approximately $28,397,000. Finally, Principal Financial Group Inc. boosted its position in PJT Partners by 15.1% during the first quarter. Principal Financial Group Inc. now owns 188,774 shares of the financial services provider’s stock worth $26,376,000 after purchasing an additional 24,735 shares during the period. Institutional investors own 89.23% of the company’s stock.

PJT Partners Company Profile

(Get Free Report)

PJT Partners Inc (NYSE:PJT) is a global, advisory-focused investment banking and financial services firm. The company provides strategic advice to corporations, financial sponsors, institutional investors and other clients on mergers and acquisitions, divestitures, capital raising, liability management and other complex financial matters.

Its businesses also include restructuring and special situations advisory, private capital advisory and placement services, and shareholder engagement and governance advice.