Piper Sandler Companies (PIPR)

In the past six months, Piper Sandler reported quarterly earnings on August 1, 2025, with an EPS of $2.95 and revenue of $405.39 million, exceeding estimates and representing a 13.4% year-over-year increase. The company increased its quarterly dividend from $0.65 to $0.70 per share, paid on September 12, 2025. Analyst ratings have varied, with Wolfe Research upgrading Piper Sandler to "outperform" and Zacks Research cutting it to a "hold". Insider selling activity in the past three months amounted to $8,380,342.00, with insiders owning 2.70% of the company's stock. The stock has shown a 30.9% increase over the past six months as of September 25, 2025.

Demand for Piper Sandler's services is correlated with macroeconomic conditions, financial market activity, and geopolitical events, rather than inherent seasonality. Brokerage activity is expected to moderate in the third quarter due to lower volatility. Corporate financing and IPO activity can experience weakness depending on market sentiment. Analysis of PIPR's stock seasonality shows varying average monthly returns, suggesting some seasonal trends in investor behavior or market conditions affecting the stock price.

Piper Sandler Companies is an American multinational investment bank and financial services firm. The company offers services such as mergers and acquisitions, financial restructuring, public offerings, and investment management. Piper Sandler operates in the Financial Services sector, specifically in the Investment Banks/Brokers industry, with products and services encompassing asset management, capital markets, investment banking, and public finance.

Piper Sandler is headquartered in Minneapolis, Minnesota, and has a global presence with over 60 offices across five countries, including the United States, Europe (London and Aberdeen), and Asia (Hong Kong). The firm is expanding into the Middle East with the acquisition of MENA Growth Partners, expected to close in Q1 2026, establishing an investment banking hub in the GCC region.

Piper Sandler's reputation is shaped by its history in financial services, including a past $25 million fine in 2002. Recent efforts include the release of its inaugural ESG Report in November 2022, outlining commitments to diversity, philanthropy, and sustainability. Strategic acquisitions, such as DBO Partners in 2023, G Squared Capital Partners on September 15, 2025, and the announced acquisition of MENA Growth Partners on October 24, 2025, along with the expansion of its technology investment banking team, contribute to a reputation of growth and adaptability. The completion of its 50th Semi-Annual Teen Survey also garners attention.

Institutional investors hold 72.79% of Piper Sandler Companies' stock, with major holders including Blackrock Inc. (14.27%), Vanguard Group Inc. (11.81%), and Invesco Ltd. (3.92%). The largest individual shareholder is Andrew S. Duff, owning 1.05% of the company, while corporate insiders collectively own 2.70% of the stock.