PIPRNYSESecurity Brokers, Dealers & Flotation CompaniesFiscal year ends December 31
PIPER SANDLER COMPANIES
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$63.45−1.17 (-1.81%)
Close on Oct 19, 2026
- Market cap
- $4.52B
- P/E (TTM)
- 14.7
- Dividend yield
- 2.25%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
86.7%
61M of 71M shares
Institutional holders
416
89 new, 44 sold out
Net institutional buying
3M
In Q2 2026
Insider trades, 12 months
0 buys · 19 sales
Net sold $12.89M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Vanguard Portfolio Management | 5,194,367 | 7.28% | 13G (passive) | Mar 31, 2026 |
| Vanguard Capital Management | 3,576,376 | 5.03% | 13G (passive) | Jun 30, 2026 |
| BlackRock, Inc. | 2,531,154 | – | 13G (passive) amendment | Dec 31, 2023 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of PIPR | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 11,048,611 | 15.63% | $799.26M | +619,664 | 0.01% |
| Vanguard Portfolio Management LLC | 5,186,683 | 7.34% | $375.20M | +53,150 | 0.02% |
| Invesco Ltd. | 3,141,984 | 4.45% | $227.29M | +532,679 | 0.02% |
| Vanguard Capital Management LLC | 3,038,326 | 4.30% | $219.79M | +15,640 | 0.00% |
| State Street Corp | 2,919,922 | 4.13% | $211.23M | +133,861 | 0.01% |
| Geode Capital Management, LLC | 1,741,263 | 2.46% | $125.99M | +109,798 | 0.01% |
| Goldman Sachs Group Inc | 1,616,193 | 2.29% | $116.92M | +148,698 | 0.01% |
| Dimensional Fund Advisors LP | 1,424,002 | 2.01% | $103.01M | +48,437 | 0.02% |
| North Reef Capital Management LP | 1,350,000 | 1.91% | $97.66M | +385,368 | 3.74% |
| Westwood Holdings Group Inc | 1,237,090 | 1.75% | $89.49M | +125,428 | 0.67% |
| Stephens Investment Management Group LLC | 1,148,867 | 1.63% | $83.11M | +28,979 | 0.89% |
| Alliancebernstein L.P. | 1,083,098 | 1.53% | $82.91M | −55,038 | 0.03% |
| Fisher Asset Management, LLC | 1,061,539 | 1.50% | $76.79M | −16,449 | 0.02% |
| American Century Companies Inc | 934,379 | 1.32% | $67.59M | +192,436 | 0.03% |
| Norges Bank | 889,117 | 1.26% | $64.32M | New | 0.01% |
| Charles Schwab Investment Management Inc | 861,940 | 1.22% | $62.35M | +2,478 | 0.01% |
| GW&K Investment Management, LLC | 861,276 | 1.22% | $62.31K | −54,567 | 0.49% |
| Northern Trust Corp | 803,760 | 1.14% | $58.14M | +48,979 | 0.01% |
| JPMorgan Chase & Co | 751,863 | 1.06% | $54.84M | −125,293 | 0.00% |
| Systematic Financial Management LP | 706,867 | 1.00% | $51.13M | −15,161 | 1.02% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 416 | 61M | 86.7% | 89 / 148 | 112 / 44 | 7M | 5M |
| Q1 2026 | 377 | 59M | 83.8% | 376 / 1 | 0 / 0 | 59M | 0M |
| Q4 2025 | 1 | 0M | 0.0% | 0 / 0 | 0 / 0 | 0M | 0M |
| Q3 2025 | 1 | 0M | 0.0% | 0 / 0 | 0 / 0 | 0M | 0M |
| Q2 2025 | 1 | 0M | 0.0% | 1 / 0 | 0 / 0 | 0M | 0M |
| Q1 2017 | 0 | 0M | 0.0% | 0 / 0 | 0 / 1 | 0M | 0M |
| Q4 2016 | 1 | 0M | 0.0% | 0 / 0 | 0 / 0 | 0M | 0M |
| Q3 2016 | 1 | 0M | 0.0% | 0 / 0 | 0 / 0 | 0M | 0M |
| Q2 2016 | 1 | 0M | 0.0% | 0 / 0 | 0 / 0 | 0M | 0M |
| Q1 2016 | 1 | 0M | 0.0% | 0 / 0 | 0 / 0 | 0M | 0M |
| Q4 2015 | 1 | 0M | 0.0% | 0 / 0 | 0 / 0 | 0M | 0M |
| Q3 2015 | 1 | 0M | 0.0% | 0 / 0 | 0 / 0 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of PIPR | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 4,068,733 | 5.76% | $294.33M | 0.26% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 2,139,170 | 3.03% | $154.75M | 0.01% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 1,815,540 | 2.57% | $131.34M | 0.16% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 1,548,328 | 2.19% | $112.01M | 0.06% | Jun 30, 2026 |
| Vanguard Small-Cap Value Index Fund | 980,503 | 1.39% | $70.93M | 0.10% | Jun 30, 2026 |
| Vanguard Explorer Fund | 927,232 | 1.31% | $70.28M | 0.32% | Jul 31, 2026 |
| Invesco Discovery Fund | 780,215 | 1.10% | $61.18M | 0.78% | May 31, 2026 |
| Vanguard Extended Market Index Fund | 775,095 | 1.10% | $56.07M | 0.06% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 772,213 | 1.09% | $58.53M | 0.17% | Jul 31, 2026 |
| iShares Russell 2000 Growth ETF | 652,910 | 0.92% | $47.23M | 0.31% | Jun 30, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 619,076 | 0.88% | $44.78M | 0.26% | Jun 30, 2026 |
| Small Cap Growth Fund | 538,850 | 0.76% | $40.84M | 0.73% | Jul 31, 2026 |
| AB Small Cap Growth Portfolio | 444,602 | 0.63% | $32.16M | 1.03% | Jun 30, 2026 |
| Vanguard Tax-Managed Small-Cap Fund | 438,364 | 0.62% | $31.71M | 0.28% | Jun 30, 2026 |
| JNL/Invesco Small Cap Growth Fund | 397,448 | 0.56% | $28.75M | 1.42% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Jonathan J. Doyle | Hd of Financial Services Group, Director | 516,584 | 0.73% | May 6, 2026 |
| Chad R. Abraham | CEO and Chairman, Director | 112,537 | 0.16% | Mar 2, 2026 |
| Jean-Paul M. Peltier | Global Co-Head IB and Cap Mkts | 242,328 | 0.34% | Apr 24, 2026 |
| John W. Geelan | General Counsel | 14,807 | 0.02% | Mar 2, 2026 |
| Michael R. Dillahunt | Global Co-Head IB and Cap Mkts | 25,736 | 0.04% | Mar 2, 2026 |
| James P. Baker | Global Co-Head IB and Cap Mkts | 120,467 | 0.17% | Mar 2, 2026 |
| Debbra L. Schoneman | President | 66,198 | 0.09% | Mar 2, 2026 |
| Katherine Patricia Clune | Chief Financial Officer | 11,892 | 0.02% | Feb 19, 2026 |
| Wendy Lee Schoppert | Director | 1,396 | 0.00% | Sep 23, 2026 |
| Robbin Mitchell | Director | 15,797 | 0.02% | Sep 14, 2026 |
| Brian R. Sterling | Director | 104,943 | 0.15% | Sep 14, 2026 |
| Ann C. Gallo | Director | 8,093 | 0.01% | Sep 14, 2026 |
| Victoria M. Holt | Director | 31,942 | 0.05% | Sep 14, 2026 |
| Scott C. Taylor | Director | 68,105 | 0.10% | Sep 14, 2026 |
| Philip Soran | Director | 81,847 | 0.12% | Sep 14, 2026 |
| Thomas S. Schreier Jr | Director | 32,479 | 0.05% | May 21, 2026 |
| Stuart Essig | Director | 2,575 | 0.00% | May 21, 2026 |
| Sherry M. Smith | Director | 10,831 | 0.02% | Jun 16, 2025 |
| William R. Fitzgerald | Director | 25,517 | 0.04% | Jun 16, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Wendy Lee Schoppert Director | Sep 22, 2026 | Award | +1,396 | – | – | 1,396 |
| Philip Soran Director | Sep 11, 2026 | Award | +214 | – | – | 81,847 |
| Robbin Mitchell Director | Sep 11, 2026 | Award | +42 | – | – | 15,797 |
| Scott C. Taylor Director | Sep 11, 2026 | Award | +91 | – | – | 68,105 |
| Victoria M. Holt Director | Sep 11, 2026 | Award | +79 | – | – | 31,942 |
| Ann C. Gallo Director | Sep 11, 2026 | Award | +22 | – | – | 8,093 |
| Brian R. Sterling Director | Sep 11, 2026 | Award | +33 | – | – | 104,943 |
| Philip Soran Director | Jun 30, 2026 | Award | +345 | – | – | 81,633 |
| Ann C. Gallo Director | Jun 30, 2026 | Award | +345 | – | – | 8,071 |
| Brian R. Sterling Director | Jun 30, 2026 | Award | +345 | – | – | 104,910 |
| Robbin Mitchell Director | Jun 12, 2026 | Award | +40 | – | – | 15,755 |
| Brian R. Sterling Director | Jun 12, 2026 | Award | +31 | – | – | 104,565 |
| Philip Soran Director | Jun 12, 2026 | Award | +206 | – | – | 81,288 |
| Scott C. Taylor Director | Jun 12, 2026 | Award | +87 | – | – | 68,014 |
| Victoria M. Holt Director | Jun 12, 2026 | Award | +76 | – | – | 31,863 |
| Ann C. Gallo Director | Jun 12, 2026 | Award | +20 | – | – | 7,726 |
| Robbin Mitchell Director | May 20, 2026 | Award | +1,875 | – | – | 15,715 |
| Brian R. Sterling Director | May 20, 2026 | Award | +1,875 | – | – | 104,534 |
| Philip Soran Director | May 20, 2026 | Award | +1,875 | – | – | 81,082 |
| Stuart Essig Director | May 20, 2026 | Award | +1,875 | – | – | 2,575 |
| Victoria M. Holt Director | May 20, 2026 | Award | +1,875 | – | – | 31,787 |
| Scott C. Taylor Director | May 20, 2026 | Award | +1,875 | – | – | 67,927 |
| Ann C. Gallo Director | May 20, 2026 | Award | +1,875 | – | – | 7,706 |
| Thomas S. Schreier Jr Director | May 20, 2026 | Award | +1,875 | – | – | 32,479 |
| Jonathan J. Doyle Hd of Financial Services Group, Director | May 5, 2026 | Sale | −6,100 | $79.24 | $483.36K | 516,584 |
| Jonathan J. Doyle Hd of Financial Services Group, Director | May 5, 2026 | Sale | −38,600 | $80.66 | $3.11M | 477,984 |
| Jonathan J. Doyle Hd of Financial Services Group, Director | May 5, 2026 | Sale | −300 | $81.08 | $24.32K | 477,684 |
| Jonathan J. Doyle Hd of Financial Services Group, Director | May 4, 2026 | Sale | −25,404 | $77.54 | $1.97M | 522,984 |
| Jonathan J. Doyle Hd of Financial Services Group, Director | May 4, 2026 | Sale | −300 | $78.25 | $23.48K | 522,684 |
| Jonathan J. Doyle Hd of Financial Services Group, Director | May 4, 2026 | Sale | −19,296 | $76.78 | $1.48M | 548,388 |
| Ann C. Gallo Director | Mar 31, 2026 | Award | +323 | – | – | 5,831 |
| Philip Soran Director | Mar 31, 2026 | Award | +323 | – | – | 79,207 |
| Brian R. Sterling Director | Mar 31, 2026 | Award | +323 | – | – | 102,659 |
| Philip Soran Director | Mar 13, 2026 | Award | +391 | – | – | 19,721 |
| Victoria M. Holt Director | Mar 13, 2026 | Award | +139 | – | – | 7,478 |
| Scott C. Taylor Director | Mar 13, 2026 | Award | +161 | – | – | 16,513 |
| Ann C. Gallo Director | Mar 13, 2026 | Award | +28 | – | – | 1,377 |
| Brian R. Sterling Director | Mar 13, 2026 | Award | +59 | – | – | 25,584 |
| Robbin Mitchell Director | Mar 13, 2026 | Award | +69 | – | – | 3,460 |
| Jonathan J. Doyle Hd of Financial Services Group, Director | Feb 26, 2026 | Tax withholding | −5,937 | – | – | 141,921 |
| Jonathan J. Doyle Hd of Financial Services Group, Director | Feb 26, 2026 | Award | +14,443 | – | – | 147,858 |
| John W. Geelan General Counsel | Feb 26, 2026 | Award | +1,806 | – | – | 14,807 |
| John W. Geelan General Counsel | Feb 26, 2026 | Tax withholding | −824 | – | – | 13,983 |
| Michael R. Dillahunt Global Co-Head IB and Cap Mkts | Feb 26, 2026 | Tax withholding | −3,929 | – | – | 25,736 |
| Michael R. Dillahunt Global Co-Head IB and Cap Mkts | Feb 26, 2026 | Award | +8,615 | – | – | 29,665 |
| Debbra L. Schoneman President | Feb 26, 2026 | Award | +6,191 | – | – | 9,129 |
| Debbra L. Schoneman President | Feb 26, 2026 | Tax withholding | −2,824 | – | – | 6,305 |
| Chad R. Abraham CEO and Chairman, Director | Feb 26, 2026 | Award | +20,222 | – | – | 76,537 |
| Chad R. Abraham CEO and Chairman, Director | Feb 26, 2026 | Tax withholding | −9,222 | – | – | 67,315 |
| Jean-Paul M. Peltier Global Co-Head IB and Cap Mkts | Feb 26, 2026 | Award | +6,722 | – | – | 40,653 |
| Jean-Paul M. Peltier Global Co-Head IB and Cap Mkts | Feb 26, 2026 | Tax withholding | −3,066 | – | – | 37,587 |
| James P. Baker Global Co-Head IB and Cap Mkts | Feb 26, 2026 | Award | +7,377 | – | – | 69,069 |
| James P. Baker Global Co-Head IB and Cap Mkts | Feb 26, 2026 | Tax withholding | −2,903 | – | – | 66,166 |
| Michael R. Dillahunt Global Co-Head IB and Cap Mkts | Feb 17, 2026 | Tax withholding | −309 | – | – | 21,542 |
| Michael R. Dillahunt Global Co-Head IB and Cap Mkts | Feb 17, 2026 | Tax withholding | −308 | – | – | 21,234 |
| Michael R. Dillahunt Global Co-Head IB and Cap Mkts | Feb 17, 2026 | Tax withholding | −184 | – | – | 21,050 |
| Michael R. Dillahunt Global Co-Head IB and Cap Mkts | Feb 17, 2026 | Award | +2,364 | – | – | 21,851 |
| Chad R. Abraham CEO and Chairman, Director | Feb 17, 2026 | Award | +4,985 | – | – | 58,543 |
| Chad R. Abraham CEO and Chairman, Director | Feb 17, 2026 | Tax withholding | −1,080 | – | – | 57,463 |
| Chad R. Abraham CEO and Chairman, Director | Feb 17, 2026 | Tax withholding | −689 | – | – | 56,774 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Doyle Jonathan Officer | May 5, 2026 | 45,000 | $3.62M | May 5, 2026 | Restricted stock vesting under a registered plan |
| Doyle Jonathan Officer | May 4, 2026 | 45,000 | $3.47M | May 4, 2026 | Restricted stock vesting under a registered plan |
| Debbra L. Schoneman Officer | Feb 11, 2026 | 7,500 | $2.63M | Feb 11, 2026 | Employee Stock Option Exercise |
| Chad R. Abraham Officer, Director | Nov 28, 2025 | 3,000 | $1.01M | Nov 28, 2025 | Employee Stock Option Exercise |
| Chad R. Abraham Officer, Director | Nov 26, 2025 | 4,400 | $1.49M | Nov 26, 2025 | Employee Stock Option Exercise |
| Katherine Patricia Clune Officer | Nov 21, 2025 | 1,367 | $443.86K | Nov 21, 2025 | Restricted Stock Lapse |
| Philip Soran Director | Nov 19, 2025 | 598 | $189.60K | Nov 18, 2025 | Annual Director Grant as Compensation |
| Debbra L. Schoneman Officer | Nov 5, 2025 | 2,500 | $825.83K | Nov 5, 2025 | Employee Stock Option Exercise |
| William R. Fitzgerald Former Director | Aug 12, 2025 | 850 | $285.37K | Aug 12, 2025 | Restricted Stock Lapse |
| John W. Geelan Officer | Aug 11, 2025 | 2,000 | $645.38K | Aug 11, 2025 | Restricted Stock Lapse |
| Chad R. Abraham Officer, Director | Aug 6, 2025 | 8,000 | $2.59M | Aug 6, 2025 | Employee Stock Option Exercise |
| Carey Taylor Scott Director | Aug 5, 2025 | 2,600 | $831.64K | Aug 5, 2025 | Restricted stock vesting under a registered plan |
| Chad R. Abraham Officer, Director | Aug 5, 2025 | 10,000 | $3.19M | Aug 5, 2025 | Employee Stock Option Exercise |
| Doyle Jonathan Officer, Director | Aug 4, 2025 | 3,536 | $1.12M | Aug 4, 2025 | Annual Bonus Compensation |
| Smith Sherry Affiliate | Feb 14, 2025 | 2,483 | $746.44K | Feb 14, 2025 | RSU Vesting |