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Perella Weinberg Partners - PWP STOCK NEWS

Welcome to our dedicated page for Perella Weinberg Partners news (Ticker: PWP), a resource for investors and traders seeking the latest updates and insights on Perella Weinberg Partners stock.

Perella Weinberg Partners L.P. (PWP) is a prominent global financial services firm that specializes in investment banking advisory services. Established in 2006 by industry veterans Joseph R. Perella, Peter A. Weinberg, and Terry Meguid, PWP has carved a niche for itself as an independent advisory firm offering comprehensive strategic and financial guidance to a varied client base. The firm went public in 2021, further solidifying its position in the financial sector.

PWP’s core business revolves around providing expert advice on strategic and financial decisions, mergers and acquisitions execution, shareholder and defense advisory, and financing and capital solutions. With a dedicated focus on restructuring and liability management, PWP stands out for its capital markets advisory, private capital placements, and specialized underwriting and research services, particularly within the energy sector and related industries.

Recent achievements highlight PWP's robust financial health and strategic initiatives. For the third quarter ending September 30, 2023, and the full year and fourth quarter ending December 31, 2023, PWP reported significant financial results, emphasizing revenue growth, prudent expense management, and strategic talent investments. These results are a testament to the firm’s enduring commitment to delivering value to its stakeholders.

PWP continues to bolster its capabilities with strategic appointments, enhancing its global media and technology services. The firm’s forward-looking approach is evident in its ongoing projects and collaborations, positioning itself as a trusted advisor in the dynamic financial landscape.

For the latest updates and detailed financial overviews, investors and interested parties can reach out via their dedicated contacts for investor relations and media inquiries: investors@pwpartners.com and media@pwpartners.com.

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Perella Weinberg Partners (Nasdaq: PWP) has announced the appointment of Erik Maris to its European practice. Maris, who brings over 30 years of investment banking experience, will work with French and European Partners in providing strategic advice across sectors. He previously served as an Advisory Partner at Advent International, co-founded Messier Maris & Associes, and was Managing Partner at Lazard France. The hire represents PWP's continued investment in senior talent and commitment to strengthening its European presence.

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Perella Weinberg Partners (PWP) reported strong Q3 2024 financial results with revenues of $278.2 million, up 100% from Q3 2023. The company achieved adjusted pre-tax income of $52 million and GAAP pre-tax income of $36 million, resulting in adjusted EPS of $0.34 and GAAP diluted EPS of $0.24. For the nine-month period, revenues reached $652.4 million, a 50% increase year-over-year. PWP maintains a strong balance sheet with $335.1 million in cash and investments, with no debt. The company returned $215.1 million to equity holders year-to-date and declared a quarterly dividend of $0.07 per share.

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Perella Weinberg Partners (Nasdaq: PWP) has appointed Michael Masterson as Partner in its Advisory Business. Based in New York, Masterson will join the Firm's Industrials practice, focusing on transportation, leasing, and logistics sectors. He previously served as Managing Director and Head of Transportation Corporate Advisory at Greenhill & Co., and held leadership positions at Deutsche Bank. The appointment aims to strengthen PWP's capabilities in transportation and leasing sectors, which are experiencing active consolidation and financing activities.

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Perella Weinberg Partners (NASDAQ:PWP) has announced it will release its third quarter 2024 financial results on Friday, November 8, 2024, before market opens. The company will host a conference call and webcast at 9:00AM ET on the same day to review the results. Investors can access the webcast through the company's investor relations website, or join via phone using the provided dial-in numbers. A replay will be available until November 15, 2024, accessible through both phone and website.

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Perella Weinberg Partners (Nasdaq: PWP) has announced the appointment of Susan Roddy as a Partner in its Advisory Business. Based in New York, Roddy will serve as Co-Head of the Firm's Consumer & Retail practice, focusing on strategic advice for clients in the consumer health, wellness, beauty, and personal care sectors.

Roddy joins PWP after over a decade at Houlihan Lokey, where she was a Managing Director leading the Consumer Health and Personal Care practice. She previously worked in Corporate Strategy and Development at PepsiCo. With over two decades of experience, Roddy is expected to expand PWP's client coverage in the active consumer sector.

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Perella Weinberg Partners (PWP) reported strong Q2 2024 results with revenues of $272 million, up 64% year-over-year. The firm's adjusted pre-tax income was $63 million, while GAAP pre-tax loss was $(81) million. Adjusted EPS stood at $0.43, with GAAP diluted EPS at $(1.21). For the first half of 2024, revenues increased 26% to $374 million. PWP continued its talent investment, adding three new partners and nine new managing directors year-to-date. The firm maintained a strong balance sheet with $185 million in cash and no debt. PWP also retired approximately 10.4 million share equivalents and returned $162 million to equity holders year-to-date. A quarterly dividend of $0.07 per share was declared.

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Perella Weinberg Partners (NASDAQ:PWP), a global independent advisory firm, has promoted four Managing Directors to Partners. The new Partners are:

  • William Glass - Healthcare, New York
  • Alexandra Gottschalk - Chief Financial Officer, Houston
  • Sam Tanzer - Financing & Capital Solutions, New York
  • Rebekah Weissburg - Chief Human Resources Officer, New York

CEO Andrew Bednar praised their contributions to the business and culture, emphasizing their commitment to the firm's core values. The promotions aim to enhance Perella Weinberg's franchise and drive business growth through client-focused leadership and collaboration.

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Perella Weinberg Partners (NASDAQ:PWP), a leading global independent advisory firm, has announced plans to release its second quarter 2024 financial results on Friday, August 2, 2024, before the market opens. The company will host a conference call and webcast on the same day at 9:00AM ET to review the results.

Investors can access the webcast through the Investors section of the company's website. For those preferring to dial in, the following information is provided:

  • Domestic: (800) 579-2543
  • International: (785) 424-1789
  • Conference ID: PWPQ224

A replay of the call will be available for one week, accessible via phone or the company's website.

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Perella Weinberg Partners (PWP) reported first quarter 2024 financial results with revenues of $102 million, down 22% from the previous year. Adjusted pre-tax loss was $(18) million, with GAAP pre-tax loss at $(51) million. Adjusted EPS was $(0.10), while GAAP diluted EPS stood at $(0.91). The firm maintained a strong balance sheet with $157 million in cash and no debt, repurchased 2 million share equivalents, declared a quarterly dividend of $0.07 per share, and returned $32 million to equity holders. Despite revenue decline, PWP remains focused on strategic business growth and client support.

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Perella Weinberg Partners (PWP) announced the release of its first-quarter 2024 financial results on May 3, 2024. The company will host a conference call and webcast to review the results at 9:00AM ET on the same day. Investors can access the webcast through the Investors section of PWP's website or by dialing in using the provided information. A replay of the call will be available until May 10, 2024.
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FAQ

What is the current stock price of Perella Weinberg Partners (PWP)?

The current stock price of Perella Weinberg Partners (PWP) is $24.99 as of November 20, 2024.

What is the market cap of Perella Weinberg Partners (PWP)?

The market cap of Perella Weinberg Partners (PWP) is approximately 1.4B.

What services does Perella Weinberg Partners provide?

PWP offers strategic and financial advice, mergers and acquisitions execution, shareholder and defense advisory, financing and capital solutions, and specialized services within the energy sector.

When was Perella Weinberg Partners founded?

PWP was founded in 2006 by Joseph R. Perella, Peter A. Weinberg, and Terry Meguid.

When did Perella Weinberg Partners go public?

PWP went public in 2021.

Who are the founders of Perella Weinberg Partners?

The firm was founded by Joseph R. Perella, Peter A. Weinberg, and Terry Meguid.

How does PWP distinguish itself in the financial services industry?

PWP is known for its independent advisory role and expertise in strategic and financial decisions, particularly within the energy sector.

What recent financial results has PWP reported?

PWP reported significant financial results for the third quarter ending September 30, 2023, and for the full year and fourth quarter ending December 31, 2023.

How can I contact Perella Weinberg Partners for investor relations?

You can contact PWP for investor relations via email at investors@pwpartners.com.

What recent strategic actions has PWP undertaken?

PWP has been investing in talent and enhancing its global media and technology capabilities through strategic appointments.

Does PWP offer specialized services for any particular industry?

Yes, PWP offers specialized underwriting and research services, particularly for the energy and related industries.

How can I stay updated with the latest news from PWP?

You can stay updated by visiting stock market websites like StockTitan and by reaching out to their media contact at media@pwpartners.com.

Perella Weinberg Partners

Nasdaq:PWP

PWP Rankings

PWP Stock Data

1.42B
57.33M
2.66%
89.75%
5.23%
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