PJT Partners, Inc. Class A (PJT)

PJT Partners' stock has been influenced by earnings reports, share repurchases, dividend declarations, analyst ratings and price targets, and institutional ownership changes in the past six months. The company reported its Third Quarter 2025 earnings on November 4, 2025, and announced its Second Quarter and Six Months 2025 results on July 29, 2025, reporting record revenues, pretax income, and EPS for both periods. During the second quarter of 2025, the company repurchased 642 thousand shares and share equivalents at an average price of $136.43 per share. PJT Partners declared a quarterly dividend of $0.25 per share, payable on December 17, 2025. Several analysts upgraded or maintained ratings on PJT Partners' stock, with price targets varying. Champlain Investment Partners LLC trimmed its stake in PJT by 5.8% in the second quarter of 2025, while Thornburg Investment Management Inc. boosted its holdings by 7.3%.

The demand for PJT Partners' services is influenced by M&A activity, restructuring activity, and private capital availability. Management projected higher global M&A activity in 2025 due to normalizing conditions. Restructuring activity remains robust and is expected to persist. The private fund advisory and fundraising business is dependent on the availability of private capital. The company experienced a notable increase in advisory fees in the first half of 2025, indicating robust demand.

PJT Partners Inc. is a global advisory-focused investment bank established in October 2015 as a spin-off from The Blackstone Group, operating in the Financial sector. It provides strategic and financial advice to corporations, governments, and institutional investors, with services including strategic advisory, restructuring & special situations, capital markets advisory, shareholder advisory, private fund advisory and fundraising services through PJT Park Hill, and sustainability and transition advisory services.

PJT Partners has a global presence with offices across the Americas, EMEA, and Asia Pacific, with its headquarters in New York City. Additional offices are located in major financial hubs such as Boston, Chicago, Houston, Los Angeles, San Francisco, London, Madrid, Hong Kong, and Sydney, enabling the firm to serve clients across borders while understanding local markets and regulations.

PJT Partners has a strong brand reputation characterized by its focus on excellence, integrity, and client service. The firm's Restructuring & Special Situations group has consistently been atop global restructuring league table rankings and was recognized as IFR's Restructuring Advisor of the Year for four consecutive years (2020-2023). The company emphasizes a culture of collaboration, integrity, and excellence, and has made meaningful efforts to strengthen its campus recruitment selection methodology to identify talented candidates from diverse backgrounds. PJT is committed to investing in technology to enhance advisory capabilities and has advised on over $1 trillion in M&A transactions.

PJT Partners is primarily owned by institutional shareholders, who hold 86.09% of the company, while individual investors own 11.06%, and PJT Partners insiders own 2.84%. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, and State Street Corp. The largest individual shareholder is Paul J. Taubman, who owns 400,000 shares, representing 1.65% of the company.