Analysts Set Piper Sandler Companies (NYSE:PIPR) Target Price at $389.67

Piper Sandler Companies (NYSE:PIPR) has received a consensus rating of “Hold” from the six ratings firms that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $389.6667.

PIPR has been the topic of several recent research reports. Wall Street Zen raised shares of Piper Sandler Companies from a “hold” rating to a “buy” rating in a report on Sunday. Weiss Ratings restated a “hold (c)” rating on shares of Piper Sandler Companies in a research note on Friday, January 23rd. Bank of America started coverage on shares of Piper Sandler Companies in a report on Monday, January 26th. They issued an “underperform” rating and a $385.00 price objective for the company. Zacks Research lowered shares of Piper Sandler Companies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 30th. Finally, The Goldman Sachs Group upgraded Piper Sandler Companies from a “neutral” rating to a “buy” rating and increased their target price for the stock from $368.00 to $386.00 in a research report on Monday, November 10th.

Key Piper Sandler Companies News

Here are the key news stories impacting Piper Sandler Companies this week:

• Positive Sentiment: Earnings beat — Piper Sandler reported Q4 EPS of $6.88 versus consensus ~$4.72 and revenue of $635M (vs. ~$516.5M), with revenue up ~27% year-over-year and healthy margins/ROE. This materially better-than-expected quarter is the primary catalyst lifting the stock. PIPR Q4 beat (Zacks)
• Positive Sentiment: Dividend announced — Piper Sandler declared a quarterly dividend of $0.70/share (payable Mar 13; record/ex-dividend Mar 3), supporting shareholder income and signaling confidence in cash flow. (Annualized yield ~0.8%.)
• Positive Sentiment: Board addition — The company elected Stuart M. Essig to its board, which may be viewed positively for governance and strategic oversight. Board appointment
• Neutral Sentiment: Earnings call transcript available — Management commentary from the Q4 2025 earnings call is available for investors to parse for guidance, deal pipeline and outlook details; this will inform whether the beat is repeatable. Earnings call transcript (SA)
• Neutral Sentiment: Analyst coverage is mixed — Six brokerages give a consensus “Hold” (one Sell, three Hold, two Buy), indicating cautious sentiment despite the strong quarter; this could limit further upside until guidance or sustained results change consensus. Analyst consensus

Insider Activity

In other Piper Sandler Companies news, CEO Chad R. Abraham sold 4,400 shares of Piper Sandler Companies stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $337.60, for a total transaction of $1,485,440.00. Following the completion of the transaction, the chief executive officer owned 53,558 shares of the company’s stock, valued at $18,081,180.80. The trade was a 7.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Katherine Patricia Clune sold 1,367 shares of the stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $324.69, for a total transaction of $443,851.23. Following the completion of the sale, the chief financial officer directly owned 10,425 shares in the company, valued at approximately $3,384,893.25. The trade was a 11.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 8,767 shares of company stock valued at $2,937,921. 2.70% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Elevation Point Wealth Partners LLC raised its holdings in shares of Piper Sandler Companies by 2.2% during the second quarter. Elevation Point Wealth Partners LLC now owns 1,410 shares of the company’s stock valued at $392,000 after purchasing an additional 30 shares during the last quarter. M&T Bank Corp grew its position in Piper Sandler Companies by 3.5% in the 2nd quarter. M&T Bank Corp now owns 905 shares of the company’s stock worth $251,000 after purchasing an additional 31 shares during the period. Blue Trust Inc. grew its position in Piper Sandler Companies by 13.8% in the 2nd quarter. Blue Trust Inc. now owns 288 shares of the company’s stock worth $80,000 after purchasing an additional 35 shares during the period. EverSource Wealth Advisors LLC raised its stake in Piper Sandler Companies by 89.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 74 shares of the company’s stock valued at $25,000 after buying an additional 35 shares during the last quarter. Finally, CWM LLC lifted its holdings in shares of Piper Sandler Companies by 12.0% during the 2nd quarter. CWM LLC now owns 345 shares of the company’s stock valued at $96,000 after buying an additional 37 shares during the period. 72.79% of the stock is owned by institutional investors.

Piper Sandler Companies Stock Performance

PIPR opened at $365.67 on Thursday. Piper Sandler Companies has a fifty-two week low of $202.91 and a fifty-two week high of $380.26. The firm has a 50-day moving average of $351.20 and a 200 day moving average of $339.26. The firm has a market cap of $6.47 billion, a P/E ratio of 23.13, a PEG ratio of 1.17 and a beta of 1.53.

Shares of Piper Sandler Companies are set to split on Tuesday, March 24th. The 4-3 split was recently announced. The newly minted shares will be issued to shareholders after the closing bell on Monday, March 23rd.

Piper Sandler Companies (NYSE:PIPR) last issued its earnings results on Friday, February 6th. The company reported $6.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.72 by $2.16. The firm had revenue of $635.00 million for the quarter, compared to analyst estimates of $516.52 million. Piper Sandler Companies had a return on equity of 19.91% and a net margin of 13.73%.The business’s revenue was up 27.4% on a year-over-year basis. During the same period in the previous year, the company posted $4.80 earnings per share.

Piper Sandler Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Tuesday, March 3rd will be issued a dividend of $0.70 per share. The ex-dividend date of this dividend is Tuesday, March 3rd. This represents a $2.80 dividend on an annualized basis and a yield of 0.8%. Piper Sandler Companies’s dividend payout ratio is 17.71%.

About Piper Sandler Companies

Piper Sandler Companies (NYSE: PIPR) is an investment bank and institutional securities firm that provides a range of capital markets and advisory services to corporations, institutions, municipalities and high-net-worth individuals. The firm’s core activities include investment banking and M&A advisory, underwriting and distribution of equity and debt securities, public finance, and sector-focused advisory across industries such as healthcare, energy, financial services and technology.

In addition to traditional investment banking, Piper Sandler offers equity and fixed income research, institutional sales and trading, and market-making services.