Perella Weinberg Partners (NASDAQ:PWP – Get Free Report) announced its earnings results on Friday. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.11), Zacks reports. The business had revenue of $148.92 million for the quarter, compared to analysts’ expectations of $158.82 million. Perella Weinberg Partners had a negative return on equity of 25.81% and a net margin of 4.69%.
Here are the key takeaways from Perella Weinberg Partners’ conference call:
- Management reported Q1 revenues of $149 million (down 30% YoY) but emphasized a strong pipeline and an announced-and-pending backlog at a two?year quarterly high, and said revenues should be meaningfully back?half weighted for 2026.
- Perella Weinberg is acquiring Gleacher Shacklock to instantly bolster its U.K. presence, adding five partners whom management expects will see multiplied productivity when combined with PWP’s global platform.
- Adjusted compensation margin climbed to 79% (vs. the ~67% target) driven by a lower revenue denominator, higher cash compensation and concentrated RSU vestings, a near?term drag management says should normalize as revenues rise.
- The firm returned nearly $64 million to equity holders, declared a $0.07 quarterly dividend, and ended the quarter with $78 million cash and no debt, signaling continued capital returns despite the quarter’s revenue decline.
Perella Weinberg Partners Stock Performance
Perella Weinberg Partners stock traded down $2.13 during trading on Friday, reaching $20.61. The company had a trading volume of 3,284,235 shares, compared to its average volume of 846,012. The firm’s 50-day simple moving average is $18.96 and its 200 day simple moving average is $19.29. Perella Weinberg Partners has a 1-year low of $15.74 and a 1-year high of $25.92. The firm has a market capitalization of $1.89 billion, a PE ratio of 44.81 and a beta of 1.74.
Perella Weinberg Partners Announces Dividend
Perella Weinberg Partners News Summary
Here are the key news stories impacting Perella Weinberg Partners this week:
- Positive Sentiment: Strong capital position and shareholder returns—PWP ended Q1 with roughly $78M cash, no debt, has returned about $64M to equity holders through net settlements/dividends and declared a $0.07 quarterly dividend, supporting buyback/dividend-driven floor under shares. Perella Weinberg Reports First Quarter 2026 Results
- Positive Sentiment: Strategic growth moves—management highlighted the Gleacher Shacklock acquisition and multiple senior hires (partners and MDs) that expand UK and sector coverage; management says announced + pending backlog is at a two?year quarterly high, which could support revenue recovery when deals close. QuiverQuant Q1 Summary
- Neutral Sentiment: Management tone on the call was constructive—transcripts show management stressing client dialogue and pipeline strength while noting the lumpy nature of advisory revenue; investors will watch deal flow timing closely. Earnings Call Transcript
- Negative Sentiment: Revenue and EPS miss—Q1 revenue fell 30% YoY to $148.9M (vs. prior-year record $211.8M) and adjusted EPS of $0.05 (GAAP diluted EPS $0.02) missed consensus (~$0.16), reflecting fewer fee-paying clients and fewer M&A/financing closings. Yahoo Finance: Misses Q1 Revenue Estimates
- Negative Sentiment: Profitability and tax oddities—PWP reported a GAAP pre-tax loss of $(11)M and a GAAP effective tax rate of 93% for the quarter (driven by RSU vesting/tax items), complicating near-term net income comparability and contributing to margin pressure. Perella Weinberg Q1 Release
- Negative Sentiment: Market reaction—shares dropped sharply on the earnings miss (reports show up to ~14% intraday decline), reflecting investor concern over revenue volatility and near-term profitability. Investing.com: Shares Tumble 14%
Wall Street Analysts Forecast Growth
A number of analysts recently commented on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Perella Weinberg Partners in a research note on Tuesday, April 21st. The Goldman Sachs Group lifted their target price on shares of Perella Weinberg Partners from $17.50 to $19.50 and gave the company a “sell” rating in a report on Tuesday, April 14th. Wall Street Zen raised shares of Perella Weinberg Partners from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. Citizens Jmp cut their target price on shares of Perella Weinberg Partners from $32.00 to $30.00 and set a “market outperform” rating for the company in a report on Friday, April 10th. Finally, Wolfe Research set a $21.00 target price on shares of Perella Weinberg Partners in a report on Wednesday, January 7th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $22.88.
Check Out Our Latest Stock Report on PWP
Institutional Investors Weigh In On Perella Weinberg Partners
Institutional investors have recently added to or reduced their stakes in the stock. Los Angeles Capital Management LLC acquired a new stake in Perella Weinberg Partners in the 4th quarter valued at $45,000. Kemnay Advisory Services Inc. acquired a new stake in Perella Weinberg Partners in the 4th quarter valued at $86,000. Tower Research Capital LLC TRC grew its stake in Perella Weinberg Partners by 460.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 5,151 shares of the company’s stock valued at $100,000 after acquiring an additional 4,232 shares during the period. Captrust Financial Advisors grew its stake in Perella Weinberg Partners by 13.6% in the 4th quarter. Captrust Financial Advisors now owns 11,114 shares of the company’s stock valued at $192,000 after acquiring an additional 1,330 shares during the period. Finally, Bridgefront Capital LLC acquired a new stake in Perella Weinberg Partners in the 4th quarter valued at $195,000. Institutional investors and hedge funds own 41.07% of the company’s stock.
Perella Weinberg Partners Company Profile
Perella Weinberg Partners L.P. is a global, partner-led advisory firm specializing in strategic and financial counsel. Founded in 2006 by Joseph R. Perella and Peter Weinberg—both veterans of leading Wall Street institutions—the firm delivers independent advice on mergers and acquisitions, financing, restructuring and capital markets. As an independent entity, it emphasizes senior banker involvement throughout every transaction, ensuring clients benefit from depth of experience and continuity of service.
The firm’s core offerings encompass M&A advisory, debt and equity financing, corporate restructuring and capital markets solutions.
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