De Lisle Partners LLP Invests $18.75 Million in The Pennant Group, Inc. $PNTG

Key Points

• De Lisle Partners LLP acquired 507,977 shares of The Pennant Group during the second quarter, worth approximately $18.75 million. The position represents about 1.45% of PNTG and 2% of the firm’s portfolio.
• The Pennant Group reported quarterly EPS of $0.36, exceeding the $0.33 consensus estimate, while revenue of $297.98 million also surpassed expectations. Management issued fiscal 2026 EPS guidance of $1.34–$1.41.
• Analyst sentiment remains positive: seven analysts rate PNTG a Buy and one rates it Hold, producing a consensus “Moderate Buy” rating and an average price target of $41.60 versus the reported share price of $38.88.

De Lisle Partners LLP bought a new stake in shares of The Pennant Group, Inc. (NASDAQ:PNTG - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 507,977 shares of the company's stock, valued at approximately $18,755,000. The Pennant Group comprises about 2.0% of De Lisle Partners LLP's investment portfolio, making the stock its 7th largest holding. De Lisle Partners LLP owned about 1.45% of The Pennant Group as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd raised its holdings in shares of The Pennant Group by 154.2% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,182 shares of the company's stock valued at $33,000 after acquiring an additional 717 shares in the last quarter. Quarry LP bought a new stake in The Pennant Group in the third quarter valued at $37,000. Parallel Advisors LLC boosted its holdings in The Pennant Group by 1,186.8% in the first quarter. Parallel Advisors LLC now owns 1,364 shares of the company's stock valued at $42,000 after acquiring an additional 1,258 shares in the last quarter. GAMMA Investing LLC increased its position in The Pennant Group by 34.6% during the 2nd quarter. GAMMA Investing LLC now owns 1,568 shares of the company's stock valued at $58,000 after purchasing an additional 403 shares during the period. Finally, CIBC Private Wealth Group LLC increased its position in The Pennant Group by 651.8% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 3,398 shares of the company's stock valued at $86,000 after purchasing an additional 2,946 shares during the period. 85.88% of the stock is owned by institutional investors.

The Pennant Group Stock Down 0.3%

The Pennant Group stock opened at $38.88 on Friday. The Pennant Group, Inc. has a one year low of $22.25 and a one year high of $42.69. The stock has a fifty day moving average of $38.57 and a 200 day moving average of $34.36. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.20 and a current ratio of 1.20. The stock has a market cap of $1.36 billion, a PE ratio of 43.20, a price-to-earnings-growth ratio of 2.53 and a beta of 1.26.

The Pennant Group (NASDAQ:PNTG - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.36 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.33 by $0.03. The Pennant Group had a return on equity of 10.33% and a net margin of 2.93%.The business had revenue of $297.98 million during the quarter, compared to the consensus estimate of $288.71 million. The Pennant Group has set its FY 2026 guidance at 1.340-1.410 EPS. As a group, sell-side analysts predict that The Pennant Group, Inc. will post 1.18 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Royal Bank Of Canada lifted their price target on shares of The Pennant Group from $42.00 to $44.00 and gave the company an "outperform" rating in a research report on Thursday. Truist Financial upped their price objective on shares of The Pennant Group from $42.00 to $48.00 and gave the stock a "buy" rating in a report on Tuesday, July 14th. Wells Fargo & Company raised their target price on shares of The Pennant Group from $45.00 to $46.00 and gave the company an "overweight" rating in a research note on Tuesday, August 11th. Weiss Ratings raised shares of The Pennant Group from a "buy (b-)" rating to a "buy (b)" rating in a research note on Wednesday. Finally, Wall Street Zen upgraded shares of The Pennant Group from a "hold" rating to a "buy" rating in a report on Saturday, June 20th. Seven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $41.60.

About The Pennant Group

The Pennant Group NASDAQ: PNTG is a publicly traded holding company that provides specialized services to the asset management industry. Through its operating subsidiaries, the company delivers outsourced fund administration, securities lending, prime brokerage, and capital markets solutions designed to support hedge funds, private equity firms, mutual funds and other institutional investors. By leveraging a combination of technology platforms and industry expertise, The Pennant Group helps clients streamline middle- and back-office processes, enhance operational efficiency and manage regulatory requirements.

Key service offerings include fund accounting and reporting, trade settlement and reconciliation, risk monitoring, securities lending programs and execution support across a range of asset classes.

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