Perella Weinberg Partners (NASDAQ:PWP) Releases Quarterly Earnings Results, Misses Estimates By $0.11 EPS

Perella Weinberg Partners (NASDAQ:PWP) issued its quarterly earnings data on Friday. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.11), Zacks reports. The firm had revenue of $148.92 million for the quarter, compared to the consensus estimate of $158.82 million. Perella Weinberg Partners had a net margin of 4.69% and a negative return on equity of 25.81%.

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

• Management reported Q1 revenues of $149 million (down 30% YoY) but emphasized a strong pipeline and an announced-and-pending backlog at a two‑year quarterly high, and said revenues should be meaningfully back‑half weighted for 2026.
• Perella Weinberg is acquiring Gleacher Shacklock to instantly bolster its U.K. presence, adding five partners whom management expects will see multiplied productivity when combined with PWP’s global platform.
• Adjusted compensation margin climbed to 79% (vs. the ~67% target) driven by a lower revenue denominator, higher cash compensation and concentrated RSU vestings, a near‑term drag management says should normalize as revenues rise.
• The firm returned nearly $64 million to equity holders, declared a $0.07 quarterly dividend, and ended the quarter with $78 million cash and no debt, signaling continued capital returns despite the quarter’s revenue decline.

Perella Weinberg Partners Price Performance

Perella Weinberg Partners stock traded down $2.13 during midday trading on Friday, reaching $20.61. 3,284,235 shares of the company traded hands, compared to its average volume of 846,012. Perella Weinberg Partners has a 12 month low of $15.74 and a 12 month high of $25.92. The firm has a market capitalization of $1.89 billion, a price-to-earnings ratio of 44.81 and a beta of 1.74. The business has a 50 day moving average of $18.96 and a two-hundred day moving average of $19.29.

Perella Weinberg Partners Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be given a dividend of $0.07 per share. The ex-dividend date is Monday, June 1st. This represents a $0.28 dividend on an annualized basis and a yield of 1.4%. Perella Weinberg Partners’s dividend payout ratio is 60.87%.

More Perella Weinberg Partners News

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

• Positive Sentiment: Strong capital position and shareholder returns—PWP ended Q1 with roughly $78M cash, no debt, has returned about $64M to equity holders through net settlements/dividends and declared a $0.07 quarterly dividend, supporting buyback/dividend-driven floor under shares. Perella Weinberg Reports First Quarter 2026 Results
• Positive Sentiment: Strategic growth moves—management highlighted the Gleacher Shacklock acquisition and multiple senior hires (partners and MDs) that expand UK and sector coverage; management says announced + pending backlog is at a two‑year quarterly high, which could support revenue recovery when deals close. QuiverQuant Q1 Summary
• Neutral Sentiment: Management tone on the call was constructive—transcripts show management stressing client dialogue and pipeline strength while noting the lumpy nature of advisory revenue; investors will watch deal flow timing closely. Earnings Call Transcript
• Negative Sentiment: Revenue and EPS miss—Q1 revenue fell 30% YoY to $148.9M (vs. prior-year record $211.8M) and adjusted EPS of $0.05 (GAAP diluted EPS $0.02) missed consensus (~$0.16), reflecting fewer fee-paying clients and fewer M&A/financing closings. Yahoo Finance: Misses Q1 Revenue Estimates
• Negative Sentiment: Profitability and tax oddities—PWP reported a GAAP pre-tax loss of $(11)M and a GAAP effective tax rate of 93% for the quarter (driven by RSU vesting/tax items), complicating near-term net income comparability and contributing to margin pressure. Perella Weinberg Q1 Release
• Negative Sentiment: Market reaction—shares dropped sharply on the earnings miss (reports show up to ~14% intraday decline), reflecting investor concern over revenue volatility and near-term profitability. Investing.com: Shares Tumble 14%

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in PWP. Invesco Ltd. increased its stake in shares of Perella Weinberg Partners by 13.8% in the fourth quarter. Invesco Ltd. now owns 128,113 shares of the company’s stock worth $2,216,000 after purchasing an additional 15,505 shares in the last quarter. Millennium Management LLC increased its stake in shares of Perella Weinberg Partners by 1,895.9% in the fourth quarter. Millennium Management LLC now owns 279,025 shares of the company’s stock worth $4,827,000 after purchasing an additional 265,045 shares in the last quarter. AQR Capital Management LLC increased its stake in shares of Perella Weinberg Partners by 11.0% in the fourth quarter. AQR Capital Management LLC now owns 42,840 shares of the company’s stock worth $741,000 after purchasing an additional 4,248 shares in the last quarter. Amundi purchased a new stake in shares of Perella Weinberg Partners in the fourth quarter worth $628,000. Finally, Price T Rowe Associates Inc. MD increased its stake in shares of Perella Weinberg Partners by 9.2% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 36,300 shares of the company’s stock worth $628,000 after purchasing an additional 3,049 shares in the last quarter. 41.07% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

PWP has been the topic of several research analyst reports. The Goldman Sachs Group boosted their price target on shares of Perella Weinberg Partners from $17.50 to $19.50 and gave the company a “sell” rating in a research report on Tuesday, April 14th. Weiss Ratings restated a “hold (c)” rating on shares of Perella Weinberg Partners in a report on Tuesday, April 21st. Keefe, Bruyette & Woods upgraded shares of Perella Weinberg Partners from a “market perform” rating to an “outperform” rating and cut their price objective for the stock from $23.00 to $21.00 in a report on Wednesday, April 8th. Wall Street Zen upgraded shares of Perella Weinberg Partners from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. Finally, Citizens Jmp cut their price objective on shares of Perella Weinberg Partners from $32.00 to $30.00 and set a “market outperform” rating on the stock in a report on Friday, April 10th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $22.88.

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.