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PSPS

Pershing Square Inc.

$PS·$15B·Asset Management·Financial Services
$42.17+0.1%1Y+74.3%
Mentions · last 7 days
2026-08-20: 2 posts2026-08-21: 1 posts2026-08-22: 2 posts2026-08-23: 1 posts33-3%
Price updated 2d ago·X counts updated 7d ago
PSPS
$PSPershing Square Inc.
$42.17+0.12%33 posts-3%
AI analysisFundamentalsVoices on X
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AI verdict & sentimentAI analysisGenerated by AI from underlying data

Top X posts

Today's AI verdict on what's driving $PS, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Proven numbersWinding up for a moveAI verdict · as of 2026-08-29

Trading in a tight range and building pressure — a move looks likely soon, but the direction isn't clear yet.

Ackman's Pershing Square listed as an asset-manager equity; +36% forward EPS growth modeled on the Ventures-fund expansion.

Note: PS is Pershing Square Inc — Bill Ackman's alternative asset manager that recently began trading as a publicly-listed US entity (previously Pershing Square Capital Management). It is NOT the retail-focused Pinterest or PowerSchool. The stock is $42.17 on a $15.15B market cap, +74% t12m; some structural fields (52w-position, 200d position) are missing because the trading history is nascent.

  • The economic reality of the entity: it's an asset manager collecting management + performance fees on ~$19.5B AUM concentrated in 4 AI/tech names (44% of Ackman's portfolio) plus large positions like Hertz (10-K disclosures via HTZ).
  • Q2 EPS $0.14 vs $0.13 (+8.5%) — a small beat but the AUM/fee-mechanic drives real earnings.
  • Analyst path: FY26 EPS $0.70 → FY27 $0.95 (~36% growth) — steep growth as Pershing Square Ventures (new pre-IPO fund) begins to layer in fee streams.
  • Beta 8.79 is a data artifact from the short trading history — should not be read as an actual beta.
  • Filings: Q2 earnings + 13F filing showing 19.8% total-economic Hertz stake (shares + total-return swaps), a Pershing Square US ('40 Act SPARC co-invest structure) that has some LPs uncomfortable.
  • Sentiment (5 posts): mixed and activist-driven — bulls anticipate the HTZ concentration payoff and FNMA earnings-call catalyst, bears worry about SPARC co-invest structure and Ackman's concentration risk.

Read as a listed alternative-asset-manager expression of Ackman's concentrated activist book; the debated question is whether the fee-earnings + Ventures-fund launch scale into a defensive multiple, or whether the underlying-book concentration/HTZ risk drives the earnings volatility.

Agrees with X sentimentX is mixed — bulls on HTZ 13F payoff, bears on SPARC concentration; verdict frames both as valid readings of the underlying-book concentration.

What to watch: HTZ concentration outcome, Pershing Square Ventures launch traction, and Ackman's next filing cycle.

On the calendar: Next earnings date not confirmed on calendar.

insufficient history

X sentiment

What the X crowd is saying right now — descriptive, summarised from the day’s posts.

Mixed sentiment5 posts analyzed · as of 2026-08-17

Pershing Square (PS) chatter is mixed and activist-driven. Bulls anticipate Bill Ackman's Friday 13F filing showing PS/PSUS at a 19.8% total economic HTZ stake (physical shares plus total-return swaps), and one poster hopes Fannie Mae bids fill before the Thursday PS earnings call/X space that could pump FNMA. Bears highlight PSUS filing under the '40 Act to co-invest alongside SPARC, worry about legal bills at SPARC, and question whether the same group of Ackman dog-holdings ending up in HHH is Buffett-caliber capital allocation.

Read the AI verdict + X sentiment for $PS

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • X crowd read with bullish/bearish call + post volume
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What it does

Plain-English summary of the business — what they sell and how they make money.

Bill Ackman's publicly listed alternative asset manager running concentrated long equity activist strategies.

Industry overviewAI analysisGenerated by AI from underlying data

Where Asset Management sits in its cycle right now — and what that implies for $PS.

Asset Management · Financial Services

No material change from last week — AI infrastructure (data centers, power, logistics) and Bitcoin treasury strategies, both of which require patient institutional capital that private market..

What this means for $PS

Partial — Bill Ackman's publicly listed alternative asset manager running concentrated long equity activist strategies; partial earnings exposure to asset management demand dynamics through its product portfolio.

Top industry ETF

$IAIiShares U.S. Broker-Dealers & Securities Exchanges ETF
+5.0%YTD
+11.8%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
-26.4How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
-17.5%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
-36.6%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
-0.2%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
36.5Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
-73.1%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
78.9%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
3.0Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q2 2026Aug 12, 2026$0.14$0.13+8.5%
Q1 2026Jun 4, 2026$0.09$0.09-4.0%
Q1 2026Apr 13, 2026$0.29$0.09+206.7%

Forward consensus

4-year forecast · up to 6 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$354.4M$293.7M – $405.2M$0.70$0.57 – $0.835
FY27$556.4M$461.1M – $636.1M$0.95$0.74 – $1.136
FY28$689.2M$588.0M – $759.6M$1.19$1.18 – $1.216
FY29$676.0M$560.3M – $772.9M$1.20$0.93 – $1.425

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.0.8×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.—Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.+17.2%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.—Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatHigh float · 344.1M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today0.0% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β8.795-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.

SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

8-KPress release / Reg FDAug 128-K — Item 2.02: Earnings release · Item 7.01: Press release / Reg FD
AI summary

Pershing Square Inc. (PS) filed an 8-K on August 13, 2026 under Items 2.02 and 7.01, reporting financial results and furnishing a concurrent Regulation FD investor presentation. Body unavailable — earnings details are in Exhibit 99.1, which is not included in the excerpt. Pershing Square is the publicly listed closed-end fund vehicle of Bill Ackman's hedge fund, holding a concentrated portfolio of large-cap equities. The Reg FD filing accompanies the earnings disclosure as required investor communication.

8-KPress release / Reg FDJun 48-K — Item 7.01: Press release / Reg FD
AI summary

Pershing Square Inc. (PS) disclosed a dividend declaration or distribution announcement under 8-K Item 7.01. The dividend is $0.001 per share. Dividend announcements are material events that directly impact shareholder returns and signal management's view of the company's financial health and cash flow sustainability. Investors monitor dividend continuity and growth as indicators of long-term financial strength.

SC 13DActivist position (5%+)May 7SC 13D
AI summary

Pershing Square PSUS Holdings, LLC and related entities (Pershing Square Inc., Pershing Square Partner Group, LLC, and Pershing Square Management, LLC — collectively the Ackman investment management complex) filed a Schedule 13D for Pershing Square USA Ltd.'s (PSUS) 7.50% Series A Cumulative Preferred Shares, disclosing 100% beneficial ownership of 1,000,000 preferred shares. The filing date is April 30, 2026, coinciding with the PSUS/PS combined IPO. This is the management entity's full ownership of the PSUS preferred share class — a related-party structural ownership disclosure with no outside investor implications.

3New insider — initial holdingsMay 73
AI summary

Pershing Square Capital Management, L.P. and associated entities (including Pershing Square Inc., PSPG, and William A. Ackman) filed a Form 3 for Howard Hughes Holdings Inc. (HHH), disclosing aggregate beneficial ownership of approximately 87.2 million shares of HHH common stock held indirectly — including 59.4M shares via the PSUS private placement investment, 18.5M in direct PSCM funds, 9M in a GRAT, and smaller amounts. The filing is triggered by becoming a Section 16 reporting person following the PS/PSUS IPO structure change. Long-standing material HHH position (~28%+ stake) now surfacing through Section 16 following IPO-driven restructuring.

8-KMaterial agreementMay 18-K — Item 1.01: Material agreement · Item 2.03: Material debt obligation · Item 3.02: Unregistered equity sale · Item 5.02: Officer or director change · Item 8.01: Other event
AI summary

Pershing Square Inc. filed an 8-K on April 28-30, 2026 upon completion of its IPO alongside the Pershing Square USA Ltd. (PSUS) IPO (the 'combined offering'). Key agreements entered into include Registration Rights Agreements for management and other investors, and the Fourth Amended and Restated LP Agreement for Pershing Square Capital Management LP. A credit agreement was also entered into with Bank of America as administrative agent. PSUS raised $5 billion in total ($2.974B private placement + ~$2B IPO) and PS Inc. became a publicly listed management company — a landmark and complex structural event for the Ackman hedge fund complex.

424B4Prospectus supplement (offering)Apr 30424B4
AI summary

Pershing Square Inc. filed its 424B4 final IPO prospectus for 8,103,392 shares of common stock distributed at no incremental cost to PSUS IPO investors (1 PS share per 5 PSUS shares purchased). PSUS raised $5.0 billion total: $2.974B from private placement investors (family offices 28%, pension funds 24%, insurance 20%, UHNW 13%) and ~$2.0B from the PSUS IPO at $50/share. Post-transaction, senior management initially owns ~63.93% of PS Inc. common stock. Landmark combined closed-end fund + management company IPO; PS Inc. is the publicly listed vehicle for Bill Ackman's management economics.

3New insider — initial holdingsApr 293
AI summary

Pershing Square Partner Group, LLC (PSPG) filed a Form 3 for Pershing Square Inc. (PS) on April 29, 2026, reporting 197,732,599 common shares directly held plus equivalent M Units redeemable for the same number of PS common shares. M Units vest over a 10-year schedule (6.25%/yr years 1-4, 8.33%/yr years 5-7, 16.67%/yr years 8-10) except Ackman's which are fully vested. Initial Section 16 disclosure for the management partnership entity holding the large insider equity block at PS Inc.'s IPO.

3New insider — initial holdingsApr 293
AI summary

Pershing Square Management, LLC filed a Form 3 for Pershing Square Inc. (PS) as a new Section 16 reporter on April 29, 2026 (IPO date). ManagementCo holds one Special Voting Share with no economic rights but voting power equal to whatever is needed to give ManagementCo majority of combined voting power over PS. ManagementCo governs through a voting proxy from Ackman and five other partners; no individual member is a majority controller alone. Structural control filing reflecting the super-voting management arrangement at PS Inc.'s IPO.

+ 27 other (11 3s · 3 13Gs · 3 S-1/As · 2 13Fs) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

These two stocks rally after GTA 6 trailer releasefinbold.com·2d agoBill Ackman Is Launching a New Pershing Square Ventures Fund to Give Everyday Investors Access to Pre-IPO Companies. Here Are 4 Things Investors Need to Know Before They Dive In.fool.com·3d ago44% of Billionaire Bill Ackman's Portfolio at Pershing Square Is Concentrated in Just 4 AI Stocksfool.com·4d agoBill Ackman Thinks This Factor Is Even More Important Than Valuation For Long-Term Investmentsfool.com·4d agoBillionaire Bill Ackman Has 10.5% of His $19.5 Billion Portfolio in Amazon. What's the Thesis Behind Pershing Square's Bet?fool.com·5d ago

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TickerTalks is a research tool, not financial advice. We surface social-attention data; we do not make stock recommendations. Past attention is not predictive of future price movements.

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