PIPER SANDLER COMPANIES(PIPR)Stock Analysis
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Rank #640 of 2,879 stocksTOP 25%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
PIPR Stock Analysis & AI Quality Score
AI stock analysis and institutional research for PIPER SANDLER COMPANIES (PIPR), a Financials sector company. 13F Pro's AI-powered ranking engine scores PIPR at 64.4/100 on a 32-signal composite quality model, placing it at rank #640 of 2,879 stocks — the top 25% of the AI-ranked universe. PIPR scores in the top quartile across earnings quality (89.9), balance sheet strength (84.7), profitability (81.9). Areas of concern include free cash flow (12.5), which score below median versus the broader universe. Shareholder dilution risk is elevated at 22.2/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), PIPER SANDLER COMPANIES reports quarterly revenue of $474.4M, net income of $65.2M, an operating margin of 18.5%. Top institutional holders of PIPR by reported 13-F value include BlackRock,, VANGUARD PORTFOLIO MANAGEMENT, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. PIPR trades on the NYSE exchange and files with the SEC under CIK 1230245. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate PIPR daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for PIPER SANDLER COMPANIES directly from SEC EDGAR. PIPER SANDLER COMPANIES's 13F Pro composite quality score has ranged between 8 and 75 since 2021, currently 64.4 — an improving long-term trajectory across 56 quarterly and live scoring snapshots.
Revenue
Q1 2026
$474.4M
Net Income
Q1 2026
$65.2M
Free Cash Flow
Q1 2026
$-291.7M
Operating Margin
Q1 2026
18.5%
D/E Ratio
Q1 2026
0.01
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
-24.9% YoYNet Income
-35.0% YoYEPS (Diluted)
-37.7% YoYTotal Assets
-12.1% YoYTotal Debt
-92.0% YoYOp. Cash Flow
-55.7% YoY| Metric | FY 2024 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Revenue | $1.53B -24.9% | $2.03B +64.0% | $1.24B +48.4% | $834.6M +12.6% | $741.0M -10.0% | $823.6M |
| Net Income | $181.1M -35.0% | $278.5M +587.6% | $40.5M -63.7% | $111.7M +95.9% | $57.0M +192.1% | $-61.9M |
| EPS (Diluted) | $2.56 -37.7% | $4.11 +504.0% | $0.68 -64.6% | $1.92 +106.7% | $0.93 +174.5% | $-1.25 |
| Total Assets | $2.26B -12.1% | $2.57B +28.4% | $2.00B +22.6% | $1.63B +21.1% | $1.35B -33.6% | $2.02B |
| Total Debt | $10.0M -92.0% | $125.0M -35.9% | $195.0M -13.3% | $225.0M +350.4% | $50.0M -82.8% | $289.9M |
| Operating Cash Flow | $313.3M -55.7% | $707.1M -9.3% | $779.8M +1050.1% | $67.8M -86.7% | $509.8M +151.1% | $203.0M |
AI Insight: PIPR Ratio Trends
PIPR's Q4 2025 surge — 28.3% operating margin and 54.5% ROIC — drove TTM profitability to multi-period highs, though Q1 2026 shows typical seasonal step-down.
• Operating margin expanded sharply from 8.3% in Q2 2024 to a peak of 28.3% in Q4 2025, reflecting strong cyclical recovery.
• ROIC jumped from 10.0% in Q2 2024 to 54.5% in Q4 2025, before normalizing to 25.9% in Q1 2026.
• Leverage remains virtually negligible, with D/E holding at 0.00–0.02 across all periods — a consistently clean balance sheet.
• Q1 2026 operating margin of 18.5% and ROIC of 25.9% reflect a seasonal pullback from Q4 2025's exceptional levels.
⚠ Q1 operating margins have been weak in both 2025 (8.2%) and 2026 (18.5%) — seasonal Q1 softness is a recurring pattern.
⚠ NPM diverged sharply from OpMargin in Q1 2025 (18.2% vs. 8.2%) — monitor below-the-line items driving this distortion.
⚠ TTM ROIC of 31.9% remains elevated; sustainability depends on whether Q4 2025 deal activity repeats or was a one-off.
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Available Research
13F Pro tracks comprehensive data for PIPER SANDLER COMPANIES including:
Top Institutional Holders of PIPR
BlackRock, Inc.
$798.3M10,428,947 shVANGUARD PORTFOLIO MANAGEMENT LLC
$393.0M5,133,533 shVANGUARD CAPITAL MANAGEMENT LLC
$231.4M3,022,686 shSTATE STREET CORP
$213.3M2,786,061 shInvesco Ltd.
$199.7M2,609,305 shGEODE CAPITAL MANAGEMENT, LLC
$124.9M1,631,465 shGOLDMAN SACHS GROUP INC
$112.3M1,467,495 shDIMENSIONAL FUND ADVISORS LP
$105.3M1,375,565 shALLIANCEBERNSTEIN L.P.
$87.1M1,138,136 shStephens Investment Management Group LLC
$85.7M1,119,888 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $798.3M | 10,428,947 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $393.0M | 5,133,533 |
| VANGUARD CAPITAL MANAGEMENT LLC | $231.4M | 3,022,686 |
| STATE STREET CORP | $213.3M | 2,786,061 |
| Invesco Ltd. | $199.7M | 2,609,305 |
| GEODE CAPITAL MANAGEMENT, LLC | $124.9M | 1,631,465 |
| GOLDMAN SACHS GROUP INC | $112.3M | 1,467,495 |
| DIMENSIONAL FUND ADVISORS LP | $105.3M | 1,375,565 |
| ALLIANCEBERNSTEIN L.P. | $87.1M | 1,138,136 |
| Stephens Investment Management Group LLC | $85.7M | 1,119,888 |
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Popular Research
Is PIPR a good stock to buy?
13F Pro's AI-powered analysis of PIPER SANDLER COMPANIES (PIPR) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Financials sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for PIPR are available on the PIPR stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own PIPR?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling PIPR. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of PIPER SANDLER COMPANIES's investment landscape.