Piper Sandler Companies (NYSE:PIPR) President Debbra Schoneman Sells 39,708 Shares of Company Stock

Piper Sandler Companies (NYSE:PIPR) President Debbra Schoneman sold 39,708 shares of the business’s stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $67.38, for a total transaction of $2,675,525.04. Following the sale, the president directly owned 11,752 shares in the company, valued at approximately $791,849.76. This represents a 77.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Piper Sandler Companies Price Performance

Piper Sandler Companies stock traded down $1.50 during mid-day trading on Tuesday, reaching $65.92. 1,056,813 shares of the company traded hands, compared to its average volume of 690,607. Piper Sandler Companies has a fifty-two week low of $61.35 and a fifty-two week high of $95.07. The company has a market capitalization of $4.66 billion, a price-to-earnings ratio of 15.51, a price-to-earnings-growth ratio of 2.02 and a beta of 1.43. The firm’s fifty day moving average is $69.69 and its two-hundred day moving average is $77.03.

Piper Sandler Companies (NYSE:PIPR) last posted its quarterly earnings data on Friday, October 30th. The company reported $0.87 EPS for the quarter, missing the consensus estimate of $0.93 by ($0.06). The company had revenue of $456.04 million for the quarter, compared to analyst estimates of $467.39 million. Piper Sandler Companies had a return on equity of 21.92% and a net margin of 14.51%. The company’s quarterly revenue was down 4.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.82 earnings per share. As a group, equities research analysts predict that Piper Sandler Companies will post 4.47 earnings per share for the current year.

Piper Sandler Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 11th. Shareholders of record on Tuesday, November 24th will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Tuesday, November 24th. This represents a $0.80 dividend on an annualized basis and a yield of 1.2%. Piper Sandler Companies’s payout ratio is currently 18.82%.

Piper Sandler Companies News Roundup

Here are the key news stories impacting Piper Sandler Companies this week:

• Positive Sentiment: A newly announced share-buyback program is improving the investment case by potentially supporting earnings per share and shareholder returns. One analysis suggests PIPR could trade about 15% below fair value, while buyback news has helped lift investor interest. Piper Sandler Companies Could Be 15% Below Fair Value As Buyback News Lifts Shares
• Positive Sentiment: Piper Sandler declared a quarterly dividend of $0.20 per share, payable December 11 to shareholders of record November 24. The annualized dividend is $0.80 per share, representing an approximately 1.3% yield and reinforcing the company’s shareholder-return strategy.
• Neutral Sentiment: Northland Securities’ published forecast calls for fourth-quarter earnings of $1.24 per share, providing a reference point for upcoming results. What is Northland Securities’ Forecast for PIPR Q4 Earnings?
• Negative Sentiment: Northland Securities lowered its Piper Sandler earnings forecasts across multiple periods: FY2026 EPS to $4.13 from $4.44, FY2027 EPS to $4.39 from $5.25, Q3 2027 EPS to $1.13 from $1.35, and Q4 2027 EPS to $1.24 from $1.47. The reductions indicate weaker expected earnings momentum and are below or close to the current-year consensus estimate of $4.47 per share.
• Negative Sentiment: The company’s latest quarterly results also showed pressure: revenue declined 4.9% year over year to $456.0 million and EPS of $0.87 missed the $0.93 consensus estimate. The combination of lower estimates and a recent earnings miss is likely weighing on the stock despite the buyback and dividend support.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Zacks Research lowered Piper Sandler Companies from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 13th. Bank of America reaffirmed an “underperform” rating and set a $69.00 target price on shares of Piper Sandler Companies in a report on Tuesday. The Goldman Sachs Group set a $80.00 target price on Piper Sandler Companies and gave the company a “buy” rating in a research report on Thursday, October 1st. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Piper Sandler Companies in a report on Monday, August 17th. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Piper Sandler Companies presently has a consensus rating of “Hold” and an average target price of $84.00.

Institutional Investors Weigh In On Piper Sandler Companies

Several hedge funds have recently added to or reduced their stakes in PIPR. Sterling Capital Management LLC raised its stake in shares of Piper Sandler Companies by 296.5% during the 1st quarter. Sterling Capital Management LLC now owns 452 shares of the company’s stock valued at $35,000 after buying an additional 338 shares during the last quarter. Parkside Financial Bank & Trust purchased a new stake in shares of Piper Sandler Companies in the second quarter worth about $37,000. Integrated Wealth Concepts LLC purchased a new stake in shares of Piper Sandler Companies in the second quarter worth about $87,000. Allworth Financial LP acquired a new stake in Piper Sandler Companies during the second quarter worth about $90,000. Finally, Rockefeller Capital Management L.P. grew its holdings in Piper Sandler Companies by 71.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 346 shares of the company’s stock worth $118,000 after acquiring an additional 144 shares during the period. 72.79% of the stock is owned by hedge funds and other institutional investors.

About Piper Sandler Companies

Piper Sandler Companies (NYSE:PIPR) is an investment banking and institutional securities firm that provides financial services to corporations, financial institutions, public-sector entities, institutional investors and private equity firms. The company offers advisory and capital-raising services, including mergers and acquisitions, equity and debt offerings, restructuring and other strategic transactions.

Its institutional securities activities include equity research, sales and trading, fixed-income services and market-making.