Perella Weinberg Partners Class A (PWP)

The past six months have seen several events impacting Perella Weinberg Partners' stock price. In November 2025, the company reported third-quarter 2025 financial results that fell short of market expectations, leading to an 8% drop in the stock price. The share price experienced a decline of 26.54% from January 2, 2025 to December 31, 2025. Despite the Q3 2025 revenue dip, management emphasized a record number of active client engagements and a record-high overall pipeline. On January 13, 2026, Perella Weinberg Partners announced that Peter A. Weinberg resigned as Chairman of the Board of Directors, effective June 30, 2026, and Andrew Bednar will assume the role of Chairman in addition to his CEO responsibilities. In January 2026, the stock saw a jump of 7.9% as investors rotated out of tech names.

Demand for Perella Weinberg Partners' products and services is inherently volatile and tied to the successful closing of major transactions, with the M&A market being the single biggest driver. The firm has also experienced a "meaningful uptick" in demand for restructuring and liability management services, driven by market uncertainty, rising interest rates, and sector-specific challenges. The CEO noted a record-high pipeline of active engagements, suggesting future opportunities despite current market slowdowns in traditional M&A. The firm's strategic expansion into private funds advisory is also aimed at diversifying its revenue streams.

Perella Weinberg Partners (PWP) is a global financial services firm specializing in investment banking advisory services. The firm provides independent strategic and financial advice to corporations, institutional asset managers, governments, sovereign wealth funds, and family offices. Its major services include M&A advisory, restructuring and special situations advisory, capital markets advisory, private funds advisory (expanded in 2025 with the acquisition of Devon Park Advisors), shareholder engagement and activism transactions, and asset management under the brand Agility. The firm caters to clients across various industry sectors, including consumer & retail, energy & energy transition, financial services & fintech, healthcare, industrials & infrastructure, and technology, telecom & media.

Perella Weinberg Partners maintains a global presence with offices in key financial centers. In North America, it has offices in New York City (headquarters), Houston, San Francisco, Los Angeles, Chicago, Denver, Calgary, Palm Beach, and Greenwich. In Europe, it has offices in London, Paris, and Munich. The Munich office, opened in March 2020, was the firm's first in Germany and third in Europe, aiming to bolster its presence in one of Europe's largest M&A markets.

Perella Weinberg Partners maintains a robust brand reputation as a highly regarded independent advisory firm known for its specialized expertise and client-centered approach. The firm is recognized for providing unbiased, conflict-free counsel on complex financial situations. Analysts have noted concerns regarding the firm's financial performance and revenue volatility. However, the firm's strategic actions in 2025, such as the acquisition of Devon Park Advisors and the significant investment in senior banking talent, are viewed as positive moves to diversify and strengthen its business for future growth.

Perella Weinberg Partners' stock ownership is a mix of institutional, retail, and individual investors. Institutional investors hold a significant portion of the company's stock, ranging from approximately 58.23% to 73.01%. Major institutional owners include Fmr Llc, BlackRock, Inc., Wellington Management Group Llp, William Blair Investment Management, Llc, Vanguard Group Inc, Nuveen, LLC, and Adage Capital Partners Gp, L.l.c. Insiders, including partners and executives like Peter A. Weinberg, hold a notable percentage of the stock, ranging from 5.21% to 16.45%. Retail investors also hold a portion of the stock.