Perella Weinberg Partners stock gets boost from Q3 rebound
Published on 11/05/2026 at 04:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSPerella Weinberg posts strong third quarter
- Perella Weinberg reported a sharp increase in third-quarter revenue, supported by higher M&A fee activity.
- The firm entered the fourth quarter with cash, no debt and a newly declared quarterly dividend.
- The Gleacher Shacklock acquisition expands the firm's advisory presence in the United Kingdom and Europe.
Perella Weinberg Partners reported a strong third-quarter rebound on October 29, 2026, with revenue rising sharply as M&A activity generated more fee events. The company's release said the firm is carrying momentum into the fourth quarter and 2027.
Revenue accelerates on advisory activity
Revenue reached 251.4 million US dollars in the quarter ended September 30, up 53 percent from a year earlier and 61 percent from the second quarter, according to the Perella Weinberg Partners earnings release. The company attributed the increase primarily to higher M&A revenue, while financing and capital solutions revenue declined.
GAAP diluted earnings per share came in at 0.21 US dollars, while adjusted diluted earnings per share on an if-converted basis reached 0.39 US dollars. GAAP pretax income was 35.2 million US dollars, compared with 11.6 million US dollars in the year-earlier quarter.
Capital returns and expansion
Perella Weinberg ended September with 150 million US dollars in cash and no outstanding debt. It returned 88.3 million US dollars to equity holders during the first nine months through dividends, share repurchases, net settlement of share equivalents and distributions to limited partners.
The board declared a quarterly dividend of 0.07 US dollars per Class A share. The payment is scheduled for December 8, 2026, to shareholders of record on November 24.
The firm completed its acquisition of London-based Gleacher Shacklock on September 1. Management said the transaction strengthens Perella Weinberg's presence in the United Kingdom and Europe, while the company added 14 partners and 13 managing directors during the first nine months.
Business model and global reach
Perella Weinberg Partners is an independent investment banking firm headquartered in New York. It advises corporations, financial sponsors, governments and sovereign wealth funds on strategic and financial matters, including mergers and acquisitions, capital raising, restructuring and capital markets. Its sector coverage includes consumer and retail, energy, financial institutions, healthcare, industrials and technology, media and telecommunications, with offices across the United States, Europe and Canada.
Perella Weinberg Partners at a glance
- Company: Perella Weinberg Partners
- Ticker: PWP
- Sector: Financial Services
- Industry: Financial - Capital Markets
- Headquarters: New York, United States
- Chief executive: Andrew Bednar
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