Weekly Investment Analysts’ Ratings Updates for Pershing Square (PS)

A number of research firms have changed their ratings and price targets for Pershing Square (NYSE: PS):

• 10/9/2026 – Pershing Square was downgraded by Citigroup Inc. from “neutral” to “sell”. They now have a $45.00 price target on the stock.
• 10/5/2026 – Pershing Square had its price target raised by Royal Bank Of Canada from $41.00 to $44.00. They now have a “sector perform” rating on the stock.
• 10/3/2026 – Pershing Square was upgraded by Wall Street Zen from “sell” to “hold”.
• 10/1/2026 – Pershing Square is now covered by Wells Fargo & Company. They set an “underweight” rating and a $41.00 price target on the stock.
• 10/1/2026 – Pershing Square was downgraded by Wells Fargo & Company from “equal weight” to “underweight”.
• 9/29/2026 – Pershing Square was downgraded by JonesTrading from “buy” to “hold”.
• 9/3/2026 – Pershing Square had its price target raised by Tigress Financial from $39.00 to $41.00. They now have a “neutral” rating on the stock.
• 9/3/2026 – Pershing Square had its price target raised by Wells Fargo & Company from $34.00 to $36.00. They now have an “equal weight” rating on the stock.
• 8/24/2026 – Pershing Square had its price target raised by JonesTrading from $39.00 to $42.00. They now have a “buy” rating on the stock.
• 8/19/2026 – Pershing Square was downgraded by Citigroup Inc. from “buy” to “neutral”. They now have a $45.00 price target on the stock.
• 8/11/2026 – Pershing Square was upgraded by Weiss Ratings from “sell (d)” to “sell (d+)”.

Pershing Square Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 20th. Shareholders of record on Monday, October 12th will be issued a $0.1030 dividend. This is a negative change from Pershing Square’s previous quarterly dividend of $0.1220. This represents a $0.41 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Friday, October 9th. Pershing Square’s dividend payout ratio is currently 350.00%.

Pershing Square USA, Ltd. is a closed-end investment company listed on the New York Stock Exchange under the symbol PS. The company is designed to provide investors with long-term capital appreciation through a concentrated portfolio of investments in publicly traded businesses.

The fund is managed by Pershing Square Capital Management, L.P., an investment management firm founded and led by William A. Ackman. Its investment approach generally emphasizes detailed fundamental research, activist engagement when appropriate, and ownership of a limited number of companies that the manager believes have durable business models, strong management teams, and long-term growth potential.

Pershing Square USA primarily focuses on publicly traded companies in the United States and other developed markets, with investment decisions centered on individual business fundamentals rather than broad market exposure.