PJT Partners (NYSE:PJT) Given New $155.00 Price Target at Keefe, Bruyette & Woods

PJT Partners (NYSE:PJT) had its price objective reduced by Keefe, Bruyette & Woods from $159.00 to $155.00 in a note issued to investors on Wednesday, Benzinga reports. The brokerage currently has a “market perform” rating on the financial services provider’s stock. Keefe, Bruyette & Woods‘s price objective points to a potential upside of 5.35% from the company’s current price.

Several other analysts have also recently weighed in on PJT. Wall Street Zen cut shares of PJT Partners from a “buy” rating to a “hold” rating in a report on Saturday, August 29th. The Goldman Sachs Group reduced their price objective on shares of PJT Partners from $203.00 to $182.00 and set a “buy” rating on the stock in a research report on Thursday, October 1st. BMO Capital Markets restated an “outperform” rating on shares of PJT Partners in a report on Tuesday, October 6th. UBS Group dropped their target price on shares of PJT Partners from $176.00 to $165.00 and set a “neutral” rating for the company in a research report on Wednesday, October 7th. Finally, Capital One Financial set a $160.00 target price on shares of PJT Partners in a research note on Tuesday, October 6th. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, PJT Partners has an average rating of “Hold” and a consensus price target of $167.67.

PJT Partners Stock Performance

Shares of PJT stock opened at $147.12 on Wednesday. PJT Partners has a fifty-two week low of $127.73 and a fifty-two week high of $195.62. The firm has a market cap of $3.76 billion, a P/E ratio of 20.13 and a beta of 0.88. The business’s 50 day moving average price is $153.05 and its 200-day moving average price is $156.44.

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

Insider Activity

In other news, Director James Costos sold 1,723 shares of the firm’s 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 trade represents a 13.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Emily Rafferty sold 1,100 shares of PJT Partners stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $167.35, for a total value of $184,085.00. Following the sale, the director owned 9,568 shares in the company, valued at $1,601,204.80. This represents a 10.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 10,668 shares of company stock worth $1,846,561 in the last quarter. 10.98% of the stock is owned by company insiders.

Hedge Funds Weigh In On PJT Partners

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wasatch Advisors LP boosted 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 buying an additional 653,685 shares in the last quarter. Congress Asset Management Co. grew its position in shares of 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 buying an additional 5,106 shares during the period. Dimensional Fund Advisors LP grew its position in shares of 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 buying an additional 9,337 shares during the period. Principal Financial Group Inc. increased its stake in shares of PJT Partners by 15.1% in the 1st quarter. Principal Financial Group Inc. now owns 188,774 shares of the financial services provider’s stock worth $26,376,000 after acquiring an additional 24,735 shares in the last quarter. Finally, Bank of New York Mellon Corp bought a new position in shares of PJT Partners in the 2nd quarter worth about $28,397,000. Hedge funds and other institutional investors own 89.23% of the company’s stock.

More PJT Partners News

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

• Positive Sentiment: Third-quarter EPS was $1.41, slightly above the $1.39 consensus cited by MarketBeat. PJT also described its first nine months of 2026 as record-setting, providing a counterpoint to the quarterly slowdown. MarketBeat earnings report Company results release
• Neutral Sentiment: PJT declared a quarterly dividend of $0.25 per share, or $1.00 annualized, representing a yield of about 0.7%. The dividend offers a modest shareholder return but is unlikely by itself to materially change the investment outlook. Dividend and Q3 coverage
• Negative Sentiment: Revenue was $385.1 million, below analyst estimates of about $409.7 million and down 13.8% year over year. EPS also fell from $1.85 a year earlier; another consensus source put the $1.41 result below its $1.44 estimate, illustrating that estimates varied. Q3 earnings analysis Zacks earnings report
• Negative Sentiment: Coverage attributed the weaker quarter to delayed deal completions and a cautious M&A environment—factors that may continue to weigh on advisory revenue if transactions take longer to close. Analysis of deal delays and M&A conditions

About PJT Partners

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.