Major Estimate Revision • Jul 10
Consensus EPS estimates fall by 14% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from US$357.3m to US$334.3m. EPS estimate also fell from US$0.617 per share to US$0.53 per share. Net income forecast to grow 175% next year vs 16% growth forecast for Capital Markets industry in the US. Consensus price target broadly unchanged at US$42.38. Share price rose 8.1% to US$35.03 over the past week. 공고 • Jul 04
Pershing Square Inc. Declares A Quarterly Cash Dividend on Common Stock for the Third Quarter of 2026, Payable on July 21, 2026 Pershing Square Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.122 per share of its common stock for the third quarter of 2026, payable on July 21, 2026 to shareholders of record as of the close of business on July 13, 2026. This cash dividend marks Pershing Square’s first quarterly cash dividend since its initial public offering. The declaration and amount of any future quarterly cash dividends are at the sole discretion of the Company’s Board of Directors and may be variable from quarter to quarter. 실시간 뉴스 • Jun 16
Pershing Square Stock Offers Retail Investors Daily Liquidity With New Fund Launch Pershing Square CEO Bill Ackman launched Pershing Square USA, a newly listed closed-end investment company designed to give retail investors daily liquidity while providing the firm with permanent capital.
Ackman contrasted this public vehicle with traditional hedge fund structures, highlighting its fit for long-term holdings in a market where many mandates are shorter term.
Recent disclosures show Pershing Square and Cathie Wood’s Ark Invest now share positions in Amazon, Meta Platforms, and Alphabet, with Pershing Square recently adjusting exposure across these three stocks.
Pershing Square stock now sits at the center of a structure that aims to blend hedge-fund-like concentration and time horizon with retail access and tradable liquidity. This could influence how investors think about holding periods and volatility around the vehicle.
The overlap with Ark in Amazon, Meta, and Alphabet also raises portfolio concentration questions for Pershing Square investors. They may want to consider how correlated exposures to large-cap tech fit with their broader holdings. 실시간 뉴스 • Jun 05
Pershing Square Overhauls Portfolio With UMG Sale and Howard Hughes Expansion Pershing Square plans to sell about 80.6 million shares of Universal Music Group after UMG rejected a takeover offer, with the sale arranged by Bank of America and an indicated price range of €17.66 to €18.62 per share.
The firm reported Q1 2026 revenue of $57.51 million and a net loss of $147.59 million, with Assets Under Management at $33.02b as of April 30, 2026.
AUM moved from $26.6b at the end of March to $33.02b after closing the Howard Hughes Corporation combined transaction, where Pershing Square now holds about 46.9%, and after launching PSUS via a combined IPO and private placement that is intended to create a new management fee stream.
The UMG sale, the large Howard Hughes stake and the launch of PSUS all point to Pershing Square reshaping its capital base and fee mix around a permanent-capital model and concentrated holdings.
You should watch how recurring fees from PSUS and Howard Hughes distributions balance against investment results, as well as any future impact that large single-position moves like the UMG sale have on earnings volatility. Buy Or Sell Opportunity • May 29
Now 20% overvalued The stock has been flat over the last 90 days, currently trading at US$39.59. The fair value is estimated to be US$32.97, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to decline by 25% in 2 years. Earnings are forecast to grow by 66% in the next 2 years. Valuation Update With 7 Day Price Move • May 13
Investor sentiment improves as stock rises 42% After last week's 42% share price gain to US$46.82, the stock trades at a trailing P/E ratio of 75x. Average trailing P/E is 42x in the Capital Markets industry in the US.