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PSPS

Pershing Square Inc.

$PS·$22B·Asset Management·Financial Services
$44.48-4.7%1Y+83.8%
Price updated 6h ago·X counts updated 5d ago
PSPS
$PSPershing Square Inc.
$44.48-4.69%124 posts1×
AI analysisFundamentalsVoices on X
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On X

Top X posts

The complete picture of $PS on X — how loud the conversation is right now, how it has trended over the last two weeks, and which way the crowd is leaning.

124X posts · last 7 days
Sep 29Oct 11
Chatter Meter
1×
QuietNormal · 1×Loud

How loud $PS's conversation on X is versus its own normal — 1× is typical, higher means busier. Right now it's about its usual level.

Bullish sentimentAI analysisGenerated by AI from underlying data5 posts analyzed · as of 2026-09-10

Pershing Square chatter is thin but bullish on the stock reclaiming short-term moving averages, testing the $41-42 breakout zone, and Ackman-related commentary. Discussion also references Vantage insurance-float thesis inside the HHH ecosystem.

Read what X is saying about $PS

  • Bullish vs bearish call — with the AI summary of the day's posts
  • Divergence flag when the top-engagement posts argue the other side
  • How loud the conversation is versus this ticker's own normal
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AI verdictAI analysisGenerated by AI from underlying data

TickerTalks' own read on what's driving $PS — fundamentals, momentum, or an event — and whether it agrees with the X crowd.

Proven numbersWinding up for a moveAI verdict · as of 2026-10-02

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

Pershing Square is Bill Ackman's listed vehicle — $22B market cap on asset-value math, reclaiming short-term MAs.

Pershing Square Inc. is Bill Ackman's publicly-listed vehicle — a concentrated-portfolio closed-end-fund-like structure with a track record of large, visible single-name bets.

  • The business is really a holding company: PS 36.5x, operating margin -37%, PE -26 — these numbers reflect accounting of unrealized gains/losses, not any operating P&L; the real metric is NAV versus share price.
  • The near-term setup is technical: the stock is reclaiming short-term moving averages and testing the $41-$42 breakout zone — a chart story for an asset-value instrument, which is unusual.
  • The reach is specific: Vantage insurance-float thesis inside the Howard Hughes Holdings ecosystem is a credible longer-run framing — Ackman is building a Berkshire-style insurance-float engine, which if it works compounds NAV durably.

Absent a scheduled earnings date, this trades on NAV marks and Ackman commentary. A credible Vantage / HHH insurance-float milestone plus continued position-building extends the move. Any high-profile position loss or a NAV-discount widening and the stock gives back the recent reclaim.

Agrees with X sentimentThe thread's framing is substantively right — Ackman reclaim-of-moving-averages technical read combined with the Vantage / HHH insurance-float thesis — and the thin-sample caveat is honest, not overclaiming.

What to watch: The Vantage insurance-float milestones inside HHH, any new position disclosures, NAV marks, and the first regular earnings release. Any high-profile position loss or NAV discount widening is the clear invalidator.

Read the AI verdict on $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)
  • Whether TickerTalks' read agrees with or diverges from the X crowd
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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 — yield-seeking institutional capital continues flowing into private credit and infrastructure alternatives.

What this means for $PS

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

Top industry ETF

$IAIiShares U.S. Broker-Dealers & Securities Exchanges ETF
-1.4%YTD
+3.3%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%
Next earningsWed, Dec 2·consensus EPS $0.12

Forward consensus

4-year forecast · up to 5 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$290.6M$260.9M – $320.9M$0.51$0.47 – $0.535
FY27$545.5M$489.7M – $602.2M$0.96$0.93 – $0.985
FY28$649.8M$547.9M – $769.9M$1.14$1.05 – $1.234
FY29$686.0M$615.8M – $757.4M$1.22$1.06 – $1.392

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.0.4×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.-1.5%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 today0.1% 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.β9.165-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.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

No open-market buys or sells in the last 180 days.

+ 1 other (1 gift) in window

See when $PS insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
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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.

+ 25 other (11 3s · 3 13Gs · 2 13Fs · 2 10-Qs) in window

Recent news

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

Pershing Square USA, Ltd. to Publish its Quarterly Portfolio Review on November 2, 2026businesswire.com·1d agoPershing Square Announces Dates and Times for 2026 Third Quarter Earnings Release and Conference Callsbusinesswire.com·1d agoPershing Square Holdings, Ltd. to Publish its Quarterly Portfolio Review on November 2, 2026businesswire.com·1d agoAckman's Pershing Square Stock Falls as BofA Turns Bearishgurufocus.com·4d agoHere Are Tuesday’s Top Wall Street Analyst Research Calls: AT&T, Adobe, Albemarle, American Electric Power, Pershing Square, RTX, SoFi Technologies, Technip FMC, YETI Holdings, and More247wallst.com·4d 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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