<div id="readability-page-1"><p>New York State Common Retirement Fund lessened its stake in shares of  Perella Weinberg Partners (NASDAQ:PWP - Free Report) by 53.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 396,156 shares of the company's stock after selling 453,434 shares during the quarter. New York State Common Retirement Fund owned about 0.45% of Perella Weinberg Partners worth $7,693,000 at the end of the most recent reporting period.</p><p>A number of other institutional investors also recently made changes to their positions in PWP. BI Asset Management Fondsmaeglerselskab A S purchased a new position in shares of  Perella Weinberg Partners during the 1st quarter worth $40,000.  CWM LLC increased its stake in  Perella Weinberg Partners by 162.4% in the second quarter. CWM LLC now owns 3,936 shares of the company's stock valued at $76,000 after purchasing an additional 2,436 shares during the last quarter.  New York State Teachers Retirement System purchased a new position in  Perella Weinberg Partners during the second quarter worth about $92,000.  Ameritas Investment Partners Inc. lifted its position in  Perella Weinberg Partners by 20.9% during the second quarter. Ameritas Investment Partners Inc. now owns 6,225 shares of the company's stock worth $121,000 after buying an additional 1,075 shares during the period.  Finally, Teacher Retirement System of Texas acquired a new stake in  Perella Weinberg Partners in the 2nd quarter worth about $197,000. 41.07% of the stock is owned by institutional investors and hedge funds. </p><h2>Perella Weinberg Partners Stock Performance</h2><p>Shares of NASDAQ:PWP opened at $18.63 on Friday. Perella Weinberg Partners has a 1 year low of $14.12 and a 1 year high of $27.03. The stock has a market capitalization of $1.65 billion, a P/E ratio of 28.23 and a beta of 1.63. The stock has a 50-day simple moving average of $19.07 and a 200-day simple moving average of $19.92. </p><p>Perella Weinberg Partners (NASDAQ:PWP - Get Free Report) last posted its quarterly earnings results on Friday, November 7th. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.01). The business had revenue of $164.65 million during the quarter, compared to analysts' expectations of $179.83 million. Perella Weinberg Partners had a net margin of 6.15% and a negative return on equity of 21.55%. </p><h2>Perella Weinberg Partners Announces Dividend</h2><p>The firm also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, November 17th will be paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, November 17th. Perella Weinberg Partners's dividend payout ratio (DPR) is currently 42.42%. </p><h2>Analyst Ratings Changes</h2><p>A number of research analysts have recently commented on PWP shares. Keefe, Bruyette &amp; Woods dropped their price objective on shares of Perella Weinberg Partners from $21.00 to $19.00 and set a &#34;market perform&#34; rating for the company in a research note on Monday, November 10th. Wall Street Zen upgraded shares of Perella Weinberg Partners from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a report on Saturday. Finally, Weiss Ratings  reaffirmed a &#34;hold (c)&#34; rating on shares of Perella Weinberg Partners in a research note on Wednesday, October 8th. One investment analyst  has rated the stock with a Buy rating, two have given a Hold rating and one  has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of &#34;Hold&#34; and a consensus price target of $22.00.</p><p><b>Read Our Latest Stock Report on PWP</b></p><h2>About Perella Weinberg Partners</h2> (Free Report)<p>Perella Weinberg Partners, an independent investment banking company, provides strategic and financial advice services in the United States and internationally. The company offers advisory services related to strategic and financial decisions, mergers and acquisition execution, shareholder and defense advisory, and financing and capital solutions advice with resources focused on restructuring, liability management, and capital markets advisory, as well as underwriting and research services primarily for the energy and related industries.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Perella Weinberg Partners</li><li>What is the MACD Indicator and How to Use it in Your Trading</li><li>Rocket Lab’s Big Rebound? Analysts Suggest the Dip's a Gift</li><li>What is the Dow Jones Industrial Average (DJIA)?</li><li>Meta’s AI Moment? New SAM 3 Model Has Wall Street Turning Bullish</li><li>Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?</li><li>Snowflake Stock: The Dip That Smart Investors Are Buying Right Now</li></ul><p><strong>Want to see what other hedge funds are holding PWP?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Perella Weinberg Partners (NASDAQ:PWP - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UFdQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UFdQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Perella Weinberg Partners Right Now?</h2><p>Before you consider Perella Weinberg Partners, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Perella Weinberg Partners wasn't on the list.</p><p>While Perella Weinberg Partners currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>New York State Common Retirement Fund reduced its stake in Perella Weinberg Partners by 53.4% in Q2, now holding 396,156 shares worth $7.69 million. Other institutional investors also adjusted their positions. Perella Weinberg's stock opened at $18.63, with a market cap of $1.65 billion. Analysts have mixed ratings, with a consensus "Hold" and a price target of $22.00. The company announced a $0.07 quarterly dividend.</p>

New York State Common Retirement Fund Trims Stake in Perella Weinberg Partners $PWP