18,100 Shares of Permian Basin Royalty Trust $PBT Acquired by Pekin Hardy Strauss Inc.

Posted by George Bondi on Nov 8th, 2026

Pekin Hardy Strauss Inc. purchased a new stake in Permian Basin Royalty Trust (NYSE:PBT – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 18,100 shares of the oil and gas producer’s stock, valued at approximately $570,000.

Other hedge funds also recently made changes to their positions in the company. CX Institutional raised its holdings in shares of Permian Basin Royalty Trust by 80.3% during the second quarter. CX Institutional now owns 2,109 shares of the oil and gas producer’s stock valued at $53,000 after buying an additional 939 shares during the last quarter. NewEdge Advisors LLC grew its holdings in Permian Basin Royalty Trust by 25.1% in the 2nd quarter. NewEdge Advisors LLC now owns 3,493 shares of the oil and gas producer’s stock worth $87,000 after buying an additional 701 shares in the last quarter. Integrated Wealth Concepts LLC bought a new position in Permian Basin Royalty Trust in the 2nd quarter worth approximately $114,000. Post Resch Tallon Group Inc. acquired a new stake in Permian Basin Royalty Trust in the 2nd quarter valued at approximately $210,000. Finally, Tidal Investments LLC acquired a new stake in Permian Basin Royalty Trust in the 2nd quarter valued at approximately $211,000. Institutional investors own 28.86% of the company’s stock.

Permian Basin Royalty Trust Stock Up 1.8%

PBT stock opened at $29.00 on Friday. The company has a market capitalization of $1.35 billion, a P/E ratio of 82.86 and a beta of 0.39. The company has a 50-day simple moving average of $33.34 and a 200 day simple moving average of $27.03. Permian Basin Royalty Trust has a fifty-two week low of $16.25 and a fifty-two week high of $37.00.

Permian Basin Royalty Trust (NYSE:PBT – Get Free Report) last announced its earnings results on Thursday, August 13th. The oil and gas producer reported $0.08 earnings per share (EPS) for the quarter. The firm had revenue of $4.18 million during the quarter. Permian Basin Royalty Trust had a net margin of 91.96% and a return on equity of 9,990.08%.

Permian Basin Royalty Trust Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, November 16th. Stockholders of record on Friday, October 30th will be paid a $0.0452 dividend. The ex-dividend date of this dividend is Friday, October 30th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 1.9%. This is an increase from Permian Basin Royalty Trust’s previous monthly dividend of $0.0196. Permian Basin Royalty Trust’s dividend payout ratio (DPR) is currently 154.29%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised Permian Basin Royalty Trust from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, October 8th. One analyst has rated the stock with a Hold rating. According to MarketBeat, the stock presently has an average rating of “Hold”.

View Our Latest Stock Report on Permian Basin Royalty Trust

Permian Basin Royalty Trust Profile

(Free Report)

Permian Basin Royalty Trust (NYSE: PBT) is a grantor trust that holds interests in oil and natural gas properties located in the Permian Basin of West Texas. The trust does not explore for, develop, or operate properties itself. Instead, it receives proceeds generated from the production and sale of hydrocarbons from properties in which it owns royalty or net profits interests.

The trust’s principal interests include properties associated with the Waddell Ranch in Texas, as well as additional Texas royalty properties.