Perella Weinberg Partners’ (PWP) “Outperform” Rating Reaffirmed at Keefe, Bruyette & Woods

Perella Weinberg Partners (NASDAQ:PWP)‘s stock had its “outperform” rating restated by research analysts at Keefe, Bruyette & Woods in a research note issued on Friday, Benzinga reports. They presently have a $20.00 price target on the stock, up from their previous price target of $19.00. Keefe, Bruyette & Woods‘s price objective would suggest a potential upside of 37.98% from the stock’s previous close.

A number of other brokerages also recently issued reports on PWP. Weiss Ratings downgraded shares of Perella Weinberg Partners from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, October 14th. Wall Street Zen cut shares of Perella Weinberg Partners from a “buy” rating to a “hold” rating in a research report on Saturday, October 3rd. Finally, The Goldman Sachs Group raised their target price on shares of Perella Weinberg Partners from $14.50 to $16.00 and gave the stock a “sell” rating in a research report on Monday, August 3rd. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Perella Weinberg Partners currently has an average rating of “Hold” and an average target price of $21.75.

Perella Weinberg Partners Stock Up 3.5%

Shares of PWP traded up $0.49 during mid-day trading on Friday, hitting $14.49. 396,128 shares of the company’s stock traded hands, compared to its average volume of 1,298,634. Perella Weinberg Partners has a 1 year low of $12.13 and a 1 year high of $25.92. The firm has a market capitalization of $1.36 billion, a P/E ratio of 55.79 and a beta of 1.63. The business’s 50-day moving average price is $14.79 and its 200-day moving average price is $17.45.

Perella Weinberg Partners (NASDAQ:PWP) last announced its quarterly earnings results on Thursday, October 29th. The company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.22. Perella Weinberg Partners had a negative return on equity of 35.84% and a net margin of 3.19%. The company had revenue of $251.37 million during the quarter, compared to analyst estimates of $172.82 million.

Insiders Place Their Bets

In other Perella Weinberg Partners news, CEO Andrew Bednar sold 77,753 shares of the firm’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $17.41, for a total transaction of $1,353,679.73. Following the completion of the transaction, the chief executive officer owned 1,061,260 shares of the company’s stock, valued at approximately $18,476,536.60. This trade represents a 6.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 235,697 shares of company stock valued at $4,080,379 over the last 90 days. 26.10% of the stock is owned by corporate insiders.

Institutional Trading of Perella Weinberg Partners

Hedge funds have recently made changes to their positions in the stock. State of Wyoming purchased a new position in Perella Weinberg Partners during the third quarter valued at $141,000. Sterling Capital Management LLC lifted its holdings in shares of Perella Weinberg Partners by 902.0% during the third quarter. Sterling Capital Management LLC now owns 2,475 shares of the company’s stock valued at $40,000 after purchasing an additional 2,228 shares in the last quarter. T3 Companies LLC purchased a new stake in shares of Perella Weinberg Partners during the 3rd quarter valued at about $285,000. Kings Path Partners LLC purchased a new stake in Perella Weinberg Partners in the third quarter worth approximately $360,000. Finally, Engineers Gate Manager LP bought a new stake in shares of Perella Weinberg Partners in the second quarter worth $273,000. 41.07% of the stock is owned by institutional investors.

Perella Weinberg Partners News Roundup

Here are the key news stories impacting Perella Weinberg Partners this week:

• Positive Sentiment: Third-quarter revenue rose 53% year over year to $251.4 million and 61% from the prior quarter, beating analysts’ $172.8 million estimate. Adjusted EPS was $0.39 versus the $0.17 consensus, while adjusted pre-tax income reached $56 million. Perella Weinberg Reports Third Quarter 2026 Results
• Positive Sentiment: Management said the firm is carrying strong momentum into the fourth quarter and 2027. The Gleacher Shacklock acquisition expands PWP’s presence in the United Kingdom and Europe, while the company added 14 partners and 13 managing directors year to date. Perella Weinberg Partners Q3 2026: Revenue Surges 53%, Margin Doubles
• Positive Sentiment: PWP reported $150 million of cash and no debt at September 30, retired more than three million shares or share equivalents, and returned $88 million to equity holders during the first nine months. The board also declared a quarterly dividend of $0.07 per share, equivalent to a 2.0% annualized yield, payable December 8 to shareholders of record November 24.
• Neutral Sentiment: GAAP diluted EPS was $0.21, compared with adjusted EPS of $0.39, and nine-month revenue increased a more modest 5% to $556.8 million. This highlights strong quarterly operating momentum but also the importance of monitoring the sustainability of the earnings improvement. PWP Q3 2026 Earnings Call Transcript
• Negative Sentiment: Reported insider activity was entirely selling over the past six months, including sales by CEO Andrew Bednar and CFO Alexandra Gottschalk. Insider selling may temper investor enthusiasm despite the earnings beat.

Perella Weinberg Partners Company Profile

Perella Weinberg Partners (NASDAQ: PWP) is an independent investment banking and financial services firm that provides strategic and financial advice to corporations, financial institutions, governments, and other organizations. The firm focuses on complex, high-value transactions and situations that require specialized advice and senior-level expertise.

Its services include mergers and acquisitions, strategic transactions, financial restructurings, capital markets advisory, and private capital advisory.