HHH Stock Recent News

Pershing Square Capital Management will be investing $900 million in Howard Hughes Holdings (HHH). The move is part of Pershing Square Founder and CEO Bill Ackman's push to build the next Berkshire Hathaway-like behemoth.

Bill Ackman's Pershing Square has agreed to invest $900 million in real estate company Howard Hughes, the companies announced Monday, as the billionaire hedge fund manager looks to follow in the footsteps of Warren Buffett.

Pershing Square Capital Management founder Bill Ackman discusses Pershing Square boosting its Howard Hughes Holdings stake to nearly 47%, his call for a a 180-day pause on tariffs and his criticisms of Harvard University with Sonali Basak at The Milken Institute Global Conference in Beverly Hills, California. Sign up for the Wealth newsletter, a guide to your money, delivered weekly: https://bloom.bg/3R5A4Ue -------- More on Bloomberg Television and Markets Like this video?

The mean of analysts' price targets for Howard Hughes Holdings (HHH) points to a 34.4% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Pershing Square CEO Bill Ackman joins 'Squawk Box' to discuss the company increasing its stake in Howard Hughes Holdings, his thoughts on the legacy of Berkshire Hathaway CEO Warren Buffett, the future of Berkshire Hathaway, latest market trends, President Trump's tariff policies, U.S.-China trade negotiations, Trump's battle with Harvard, and more.

Howard Hughes Holdings said Bill Ackman's Pershing Square Capital Management will invest $900 million in the company, boosting its stake further and bringing Ackman back into the fold.

The deal involves Pershing Square buying 9 million newly issued shares of Howard Hughes for a total cost of $900 million. The purchase price is 48% above where the stock closed Friday, and puts Pershing's stake in the company at 46.9%.

CNBC's Andrew Ross Sorkin reports on the latest news.

Pershing Square to Support HHH's Strategic Expansion Through Investment, Advisory, and Other Resources HHH Will Operate as a Diversified Holding Company Seeking to Acquire Controlling Interests in High-Quality, Durable Growth Public and Private Companies Howard Hughes Corporation, HHH's Real Estate Development Business and Principal Subsidiary,  Will Continue as the Nation's Leading Community Builder Pershing Square's Primary Purchase of HHH Stock for $100.00 per Share  Represents a 48% Premium to Friday's Closing Price Pershing Square Will Now Own 46.9% of the Company Pershing Square's Investment Materially Improves Howard Hughes' Credit Profile and Strategic and Financial Flexibility THE WOODLANDS, Texas and NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSE: HHH) (the “Company,” “Howard Hughes” or “HHH”) and Pershing Square Holdco, L.P. and its wholly owned subsidiary, Pershing Square Capital Management, L.P.

NEW YORK--(BUSINESS WIRE)--Pershing Square Holdco, L.P. (“Pershing Square”), the parent holding company of Pershing Square Capital Management, L.P. (“PSCM”), today announced that PSCM has further extended the term of its standstill agreement with Howard Hughes Holdings Inc. (NYSE: HHH) (“HHH”) to facilitate ongoing discussions regarding the proposal previously announced by Pershing Square on February 18, 2025 and potential alternatives. On April 29, 2025, the term of the standstill agreement wa.