PJT Partners Stock (NYSE:PJT)
Previous Close
$162.00
52W Range
$127.73 - $195.62
50D Avg
$153.60
200D Avg
$164.27
Market Cap
$4.06B
Avg Vol (3M)
$365.39K
Beta
0.84
Div Yield
$1.00 (0.64%)
PJT Company Profile
PJT Partners Inc. operates as a prominent global investment bank, delivering specialized financial and strategic advisory services to a diverse clientele that includes corporations, financial sponsors, institutional investors, and governments around the world. The firm's comprehensive offerings encompass various crucial areas. It provides expert guidance on a wide array of strategic and capital markets transactions, such as mergers and acquisitions, divestitures, spin-offs, joint ventures, minority investments, and defensive strategies against activist shareholders or contested M&A. Furthermore, PJT advises on debt and acquisition financings, structured product offerings, public equity raises—including initial public offerings (IPOs) and Special Purpose Acquisition Company (SPAC) offerings—as well as private capital raises for early and later stage companies, alongside other capital structure optimization matters. A significant part of its service portfolio is shareholder advisory, where PJT counsels the boards and management teams of both private and public companies on cultivating robust investor relationships, developing strategic investor relations, navigating environmental, social, and governance (ESG) concerns, and ensuring effective shareholder engagement. Additionally, the bank specializes in restructuring and special situations, assisting companies, creditors, and financial sponsors through intricate liability management, recapitalizations, reorganizations, debt repurchases, distressed mergers and acquisitions, and related capital raise transactions. PJT also extends its expertise to private fund advisory, facilitating fundraising across various investment strategies, and offering counsel to both general partners (GPs) and limited partners (LPs) regarding liquidity and structured solutions within the secondary market. The company was originally incorporated in 2014 as Blackstone Advisory Inc. before officially rebranding to PJT Partners Inc. in March 2015. Its headquarters are situated in New York, New York.