Acadian Asset Management LLC Grows Stock Holdings in PagerDuty $PD

Acadian Asset Management LLC raised its holdings in shares of PagerDuty (NYSE:PD) by 806.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 514,724 shares of the company’s stock after acquiring an additional 457,934 shares during the quarter. Acadian Asset Management LLC owned about 0.57% of PagerDuty worth $7,853,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in PD. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of PagerDuty by 1.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,601 shares of the company’s stock valued at $943,000 after purchasing an additional 671 shares in the last quarter. Headlands Technologies LLC boosted its stake in PagerDuty by 2,235.6% in the 1st quarter. Headlands Technologies LLC now owns 1,378 shares of the company’s stock worth $25,000 after purchasing an additional 1,319 shares during the period. Summit Securities Group LLC purchased a new position in PagerDuty during the 1st quarter valued at about $33,000. Teacher Retirement System of Texas grew its holdings in PagerDuty by 20.0% during the 2nd quarter. Teacher Retirement System of Texas now owns 15,058 shares of the company’s stock valued at $230,000 after buying an additional 2,511 shares in the last quarter. Finally, Harbor Capital Advisors Inc. increased its position in shares of PagerDuty by 13.5% during the second quarter. Harbor Capital Advisors Inc. now owns 22,476 shares of the company’s stock valued at $343,000 after buying an additional 2,670 shares during the period. Hedge funds and other institutional investors own 97.26% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on PD shares. Robert W. Baird reduced their price objective on shares of PagerDuty from $18.00 to $16.00 and set a “neutral” rating for the company in a research note on Thursday, September 4th. Zacks Research upgraded shares of PagerDuty to a “hold” rating in a research report on Friday, August 8th. Wall Street Zen raised shares of PagerDuty from a “buy” rating to a “strong-buy” rating in a report on Sunday, August 31st. Weiss Ratings reissued a “sell (e+)” rating on shares of PagerDuty in a research note on Wednesday, October 8th. Finally, TD Cowen upgraded PagerDuty from a “hold” rating to a “buy” rating and set a $22.00 target price for the company in a research report on Monday, July 28th. Five research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, PagerDuty currently has an average rating of “Hold” and an average price target of $18.70.

PagerDuty Stock Down 0.9%

Shares of NYSE PD opened at $15.97 on Thursday. The stock has a market capitalization of $1.49 billion, a P/E ratio of -99.81, a PEG ratio of 11.71 and a beta of 0.83. PagerDuty has a one year low of $13.69 and a one year high of $21.98. The firm’s 50 day simple moving average is $16.08 and its two-hundred day simple moving average is $15.77. The company has a debt-to-equity ratio of 2.18, a current ratio of 2.39 and a quick ratio of 2.39.

PagerDuty (NYSE:PD) last announced its quarterly earnings data on Wednesday, September 3rd. The company reported $0.11 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.09). PagerDuty had a positive return on equity of 2.81% and a negative net margin of 2.87%.The business had revenue of $123.41 million during the quarter, compared to the consensus estimate of $123.52 million. During the same quarter in the previous year, the firm posted $0.21 earnings per share. The company’s revenue was up 6.4% compared to the same quarter last year. PagerDuty has set its Q3 2026 guidance at 0.240-0.25 EPS. FY 2026 guidance at 1.000-1.04 EPS. As a group, analysts expect that PagerDuty will post -0.27 EPS for the current fiscal year.

PagerDuty Profile

PagerDuty, Inc engages in the operation of a digital operations management platform in the United States and internationally. The company’s digital operations management platform collects data and digital signals from virtually any software-enabled system or device and leverage machine learning to correlate, process, and predict opportunities and issues.