PJT Partners (NYSE:PJT) Given New $195.00 Price Target at Keefe, Bruyette & Woods

PJT Partners (NYSE:PJT) had its target price lifted by stock analysts at Keefe, Bruyette & Woods from $185.00 to $195.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage currently has an “outperform” rating on the financial services provider’s stock. Keefe, Bruyette & Woods’ price target suggests a potential upside of 12.12% from the stock’s previous close.

Other research analysts also recently issued reports about the company. UBS Group increased their price objective on PJT Partners from $160.00 to $162.00 and gave the stock a “neutral” rating in a report on Wednesday, July 8th. Weiss Ratings restated a “hold (c)” rating on shares of PJT Partners in a research note on Friday, May 29th. The Goldman Sachs Group raised PJT Partners from a “neutral” rating to a “buy” rating and set a $170.00 price target for the company in a research report on Wednesday, April 1st. Finally, Zacks Research upgraded shares of PJT Partners from a “strong sell” rating to a “hold” rating in a report on Monday, June 29th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $177.00.

PJT Partners Trading Up 3.0%

PJT opened at $173.91 on Wednesday. The stock has a market capitalization of $4.49 billion, a P/E ratio of 25.35 and a beta of 0.85. PJT Partners has a 12 month low of $127.73 and a 12 month high of $195.62. The firm’s fifty day simple moving average is $158.88 and its 200 day simple moving average is $156.55.

PJT Partners (NYSE:PJT) last announced its earnings results on Tuesday, July 28th. The financial services provider reported $1.97 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.40. PJT Partners had a net margin of 10.32% and a return on equity of 32.00%. The firm had revenue of $486.29 million during the quarter, compared to analyst estimates of $425.28 million. During the same period in the prior year, the business earned $1.54 EPS. The company’s revenue for the quarter was up 19.5% compared to the same quarter last year. On average, equities research analysts predict that PJT Partners will post 7.5 EPS for the current fiscal year.

Insider Activity at PJT Partners

In other news, General Counsel David Adam Travin sold 3,000 shares of the stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $152.43, for a total value of $457,290.00. Following the completion of the sale, the general counsel owned 2,052 shares of the company’s stock, valued at approximately $312,786.36. This represents a 59.38% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Helen T. Meates sold 8,000 shares of the firm’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $153.19, for a total transaction of $1,225,520.00. Following the completion of the transaction, the chief financial officer directly owned 58,466 shares of the company’s stock, valued at $8,956,406.54. This represents a 12.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 10.98% of the stock is owned by insiders.

Institutional Trading of PJT Partners

Large investors have recently added to or reduced their stakes in the company. Versant Capital Management Inc grew its position in shares of PJT Partners by 73.3% in the 2nd quarter. Versant Capital Management Inc now owns 234 shares of the financial services provider’s stock valued at $35,000 after acquiring an additional 99 shares during the period. Allworth Financial LP lifted its stake in PJT Partners by 85.8% in the 4th quarter. Allworth Financial LP now owns 288 shares of the financial services provider’s stock valued at $48,000 after purchasing an additional 133 shares during the last quarter. Cassaday & Co Wealth Management LLC bought a new position in PJT Partners during the first quarter worth about $50,000. State of Wyoming bought a new position in PJT Partners during the second quarter worth about $63,000. Finally, Kestra Advisory Services LLC acquired a new position in PJT Partners during the fourth quarter worth approximately $65,000. Institutional investors and hedge funds own 89.23% of the company’s stock.

Key Headlines Impacting PJT Partners

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

• Positive Sentiment: Second-quarter revenue rose 19.5% year over year to $486.3 million, well above the $425.3 million consensus estimate. Adjusted earnings of $1.97 per share also exceeded estimates of approximately $1.57–$1.65 and increased from $1.54 a year earlier. PJT Partners Inc. Reports Record Second Quarter and Six Months 2026 Results
• Positive Sentiment: Growth was supported by strong restructuring activity, significant placement revenue, strategic advisory work and improving partner productivity. The results outperformed broader industry trends, particularly the challenging private-equity environment. PJT Partners: Expecting A Slowdown, Though Restructuring Remains Strong
• Positive Sentiment: Management expects restructuring demand to remain elevated, providing support for near-term revenue and earnings. PJT also declared a quarterly dividend of $0.25 per share, payable September 16 to shareholders of record September 2. PJT Partners Earnings Report
• Neutral Sentiment: PJT Partners reported a 32% return on equity and a 10.32% net margin, highlighting strong profitability, but analysts continue to monitor expense growth and the sustainability of unusually strong advisory results. PJT Partners Q2 2026 Earnings Call Transcript
• Negative Sentiment: Management anticipates approximately 14% growth in 2026 non-compensation expenses and expects strategic-advisory growth to decelerate as higher capital costs and market uncertainty weigh on deal activity. Restructuring remains strong, but a broader slowdown could limit future upside. PJT Anticipates 2026 Expense Growth and Slower Revenue Growth

About PJT Partners

PJT Partners is a global advisory-focused investment bank that delivers strategic advisory, restructuring and special situations, and capital solutions to corporations, partnerships, and governments. The firm operates through three primary business segments: Strategic Advisory, which covers mergers and acquisitions, shareholder advisory, and capital markets advisory; Restructuring and Special Situations, which provides advice on debt and liability management, distressed mergers and acquisitions, and financial restructurings; and Park Hill, the firm’s dedicated capital-raising and secondary advisory business for private equity, real estate, hedge funds, and infrastructure.

The Strategic Advisory practice at PJT Partners assists clients with complex transactions such as cross-border mergers, spin-offs, divestitures, and takeover defenses, drawing on deep industry expertise and global reach.