PJT Partners Sees Surge in Stock Sale Amid Record-Breaking Q2 Earnings

PJT Partners reported record-breaking Q2 and first half 2025 financial results with revenues reaching $407 million, a 13% increase from the previous year. Despite challenges in the PJT Park Hill segment and increased non-compensation expenses, the company remains optimistic about future growth. Analysts have raised PJT's price targets due to its impressive earnings and strategic positioning. Recent insider activity includes a major stock sale by GC David Adam Travin.

PJT Partners Inc. (NYSE: PJT) has reported its second quarter and six months 2025 financial results, showcasing impressive growth and resilience despite challenges in certain segments. The company reported record revenues of $407 million for the second quarter, a 13% increase from the same period last year. Over the first half of 2025, total revenues reached $731 million, marking a 6% increase from the prior year [1].

Key highlights include:
- Revenues: Advisory fees increased by 15% to $354.5 million, while placement fees decreased by 8% to $43.2 million. Interest income and other revenues rose by 47% to $9.1 million [1].
- Pretax Income: GAAP pretax income increased by 19% to $76.5 million, while adjusted pretax income grew by 22% to $80.1 million [1].
- EPS: GAAP diluted EPS increased by 14% to $1.21, while adjusted EPS surged by 29% to $1.54 [1].
- Expenses: Total expenses increased by 81.2% to $330.4 million, driven by higher compensation and benefits, and non-compensation expenses [1].

Despite these strong results, the company faced challenges in the PJT Park Hill segment and saw an increase in non-compensation expenses, primarily due to office expansions and higher travel costs. However, Paul J. Taubman, Chairman and CEO, remains optimistic about future growth prospects [1].

Analysts have responded positively to PJT's earnings, raising price targets due to the company's strategic positioning and impressive earnings. Recent insider activity includes a significant stock sale by GC David Adam Travin, which could indicate confidence in the company's future prospects [1].

PJT Partners will host a conference call on July 29, 2025, to discuss its second quarter and six months 2025 results, providing investors and analysts with further insights into the company's performance and future plans [1].

References:
[1] https://ir.pjtpartners.com/news-events/press-releases/detail/104/pjt-partners-inc-reports-second-quarter-and-six-months