PJT Partners (PJT)

• Market cap: $3.68B
• 1 day: 1.67%
• 5 days: -5.45%
• 1 month: -0.29%
• 3 months: 14.79%
• 6 months: 45.26%
• Year to date: 54.74%
• 1 year: 58.57%
• 5 years: 252.00%
• 10 years: 432.96%
• Sector: Financials
• Industry: Investment Advice

About: PJT Partners Inc is an advisory-focused investment bank that offers a portfolio of advisory services designed to help its clients achieve their strategic objectives. The company delivers a range of strategic advisory, capital markets advisory, restructuring and special situations, and shareholder advisory services to corporations, financial sponsors, institutional investors, and governments around the world. It also provides private fund advisory and fundraising services for alternative investment strategies, including private equity, real estate, hedge funds, and private credit. The company generates its revenue from advisory fees, placement fees, and others. Geographically, It generates a majority of its revenue from the United States.

Employees: 1,012

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

170% more call options, than puts

Call options by funds: $5.43M | Put options by funds: $2.01M

92% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 26

19% more capital invested

Capital invested by funds: $2.29B [Q2] → $2.72B (+$432M) [Q3]

8% more funds holding

Funds holding: 302 [Q2] → 326 (+24) [Q3]

3% more repeat investments, than reductions

Existing positions increased: 102 | Existing positions reduced: 99

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

2.95% less ownership

Funds ownership: 88.43% [Q2] → 85.48% (-2.95%) [Q3]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $150 3% downside
• Avg. target: $161 4% upside
• High target: $175 13% upside

3 analyst ratings

• positive: 1 33%
• neutral: 2 67%
• negative: 0 0%

Keefe, Bruyette & Woods Aidan Hall 73% 1-year accuracy 8 / 11 met price target	2% upside $159	Market Perform Maintained	20 Dec 2024
UBS Brennan Hawken 74% 1-year accuracy 29 / 39 met price target	13% upside $175	Neutral Upgraded	6 Dec 2024
JMP Securities Devin Ryan 86% 1-year accuracy 60 / 70 met price target	3% downside $150	Market Outperform Maintained	9 Oct 2024