Perella Weinberg Partners (NASDAQ:PWP) Releases Quarterly Earnings Results, Beats Estimates By $0.14 EPS

Perella Weinberg Partners (NASDAQ:PWP) released its earnings results on Friday. The company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.14, FiscalAI reports. Perella Weinberg Partners had a net margin of 2.82% and a negative return on equity of 19.90%. The business had revenue of $156.53 million for the quarter, compared to the consensus estimate of $144.76 million.

Here are the key takeaways from Perella Weinberg Partners’ conference call:

• Business momentum accelerated: year-to-date announcements increased sharply, with nearly 40% occurring since the start of June. Announced and pending backlog is up nearly 2.5 times year over year, while booked revenue plus backlog is up more than 30%.
• Second-quarter revenue rose 1% year over year to $157 million, but first-half revenue fell 17% to $305 million. Management expects revenue to be weighted toward the second half, although some large fee events may not be recognized until 2027 and timing remains uncertain.
• Restructuring and liability-management activity remains strong, supported by upcoming 2028–2029 debt maturities and rising rating-agency pressure. The firm also closed its first private funds advisory transactions and reported encouraging client and pipeline traction.
• Management reiterated its full-year adjusted compensation-ratio target of 67%, while full-year adjusted non-compensation expense is expected to decline by a single-digit percentage from 2025. The firm also returned $73 million to equity holders year to date and ended the quarter with $116 million in cash and no debt.
• Perella Weinberg continues investing in talent, with six partners expected to join and eight internal promotions announced. Management said more than one-third of partners are still in the early ramp-up phase, creating long-term growth potential but also requiring time before reaching the firm’s targeted mature productivity level.

Perella Weinberg Partners Stock Performance

PWP opened at $17.65 on Friday. Perella Weinberg Partners has a 52-week low of $14.11 and a 52-week high of $25.92. The firm has a market cap of $1.64 billion, a P/E ratio of 73.54 and a beta of 1.65. The business’s fifty day moving average is $16.05 and its 200-day moving average is $18.46.

Perella Weinberg Partners Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 28th will be given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Friday, August 28th. Perella Weinberg Partners’s dividend payout ratio is presently 116.67%.

Analysts Set New Price Targets

Several analysts recently weighed in on PWP shares. Keefe, Bruyette & Woods decreased their target price on Perella Weinberg Partners from $23.50 to $19.00 and set an “outperform” rating for the company in a research note on Friday, July 10th. Weiss Ratings lowered Perella Weinberg Partners from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, July 16th. Citizens Jmp cut their price target 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, The Goldman Sachs Group set a $16.00 target price on Perella Weinberg Partners in a report on Friday, June 12th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $21.50.

Insider Activity at Perella Weinberg Partners

In other Perella Weinberg Partners news, CFO Alexandra Gottschalk sold 51,671 shares of the company’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $19.74, for a total value of $1,019,985.54. Following the completion of the transaction, the chief financial officer owned 72,492 shares of the company’s stock, valued at $1,430,992.08. This represents a 41.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders have sold a total of 109,477 shares of company stock valued at $2,034,533 over the last three months. 26.10% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Perella Weinberg Partners

Several large investors have recently bought and sold shares of the stock. Federated Hermes Inc. bought a new stake in shares of Perella Weinberg Partners during the 4th quarter valued at $566,000. Campbell & CO Investment Adviser LLC purchased a new position in Perella Weinberg Partners during the 4th quarter valued at approximately $484,000. LPL Financial LLC grew its holdings in shares of Perella Weinberg Partners by 17.0% in the fourth quarter. LPL Financial LLC now owns 18,931 shares of the company’s stock valued at $328,000 after purchasing an additional 2,751 shares in the last quarter. Millennium Management LLC bought a new stake in shares of Perella Weinberg Partners in the 3rd quarter worth about $298,000. Finally, The Manufacturers Life Insurance Company raised its position in Perella Weinberg Partners by 14.0% during the second quarter. The Manufacturers Life Insurance Company now owns 30,000 shares of the company’s stock valued at $583,000 after purchasing an additional 3,688 shares during the period. 41.07% of the stock is currently owned by institutional investors.

Key Stories Impacting Perella Weinberg Partners

Here are the key news stories impacting Perella Weinberg Partners this week:

• Positive Sentiment: Earnings beat estimates: Q2 revenue increased 1% year over year to $156.5 million, while adjusted EPS of $0.20 surpassed the $0.06 consensus estimate. Adjusted pre-tax income reached $27 million, compared with $12 million a year earlier. Perella Weinberg Reports Second Quarter 2026 Results
• Positive Sentiment: Stronger backlog and margin outlook: Management said booked revenue plus announced and pending backlog was well above last year’s level, with announced and pending backlog reportedly rising nearly 2.5 times. The firm is targeting a 67% adjusted compensation ratio for 2026, which could support profitability as revenue improves. Perella Weinberg targets 67% 2026 adjusted compensation ratio
• Positive Sentiment: Growth initiatives and shareholder returns: PWP added 10 partners and 11 managing directors year to date, expects to close its Gleacher Shacklock acquisition in the third quarter, has no debt and $115.8 million in cash, and declared a $0.07 quarterly dividend. It also returned $72.7 million to equity holders through dividends and share retirements.
• Neutral Sentiment: PWP announced the promotion of eight managing directors to partners, reinforcing its strategy of investing in senior talent but potentially adding to near-term compensation costs. Perella Weinberg Announces Partner Promotions
• Negative Sentiment: First-half revenue declined 17% to $305.4 million, and PWP posted a $5 million GAAP pre-tax loss. Q2 GAAP compensation rose to 74% of revenue, while business realignment and headcount-reduction costs are expected to total approximately $22 million through year-end.

About Perella Weinberg Partners

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.