Tudor Investment Corp ET AL Purchases 157,574 Shares of The Pennant Group, Inc. $PNTG

Key Points

• Tudor Investment Corp boosted its stake in The Pennant Group by 317.4%, buying 157,574 shares to hold 207,220 shares (about 0.60% of the company) valued at $5.226 million.
• The Pennant Group reported a quarterly EPS beat of $0.34 versus $0.31 expected and revenue of $289.3 million versus $275.2 million, and set FY2026 guidance of 1.260–1.360 EPS.
• Analysts maintain a consensus rating of "Moderate Buy" with an average price target of $36.60 (seven Buys and one Hold).

Tudor Investment Corp ET AL boosted its position in The Pennant Group, Inc. (NASDAQ:PNTG - Free Report) by 317.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 207,220 shares of the company's stock after acquiring an additional 157,574 shares during the quarter. Tudor Investment Corp ET AL owned 0.60% of The Pennant Group worth $5,226,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. CIBC Private Wealth Group LLC boosted its position in The Pennant Group by 651.8% in the third quarter. CIBC Private Wealth Group LLC now owns 3,398 shares of the company's stock valued at $86,000 after buying an additional 2,946 shares in the last quarter. Provident Investment Management Inc. acquired a new stake in The Pennant Group in the third quarter valued at approximately $6,685,000. Dark Forest Capital Management LP acquired a new stake in The Pennant Group in the third quarter valued at approximately $1,173,000. PharVision Advisers LLC acquired a new stake in The Pennant Group in the third quarter valued at approximately $222,000. Finally, Turtle Creek Asset Management Inc. boosted its position in The Pennant Group by 84.6% in the third quarter. Turtle Creek Asset Management Inc. now owns 12,000 shares of the company's stock valued at $303,000 after buying an additional 5,500 shares in the last quarter. 85.88% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Royal Bank Of Canada raised their target price on shares of The Pennant Group from $39.00 to $41.00 and gave the company an "outperform" rating in a research report on Monday, March 2nd. Wall Street Zen upgraded shares of The Pennant Group from a "hold" rating to a "buy" rating in a research report on Sunday. Weiss Ratings upgraded shares of The Pennant Group from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, March 2nd. Zacks Research lowered shares of The Pennant Group from a "strong-buy" rating to a "hold" rating in a research report on Monday, January 12th. Finally, Wells Fargo & Company raised their target price on shares of The Pennant Group from $31.00 to $38.00 and gave the company an "overweight" rating in a research report on Wednesday, January 7th. Seven analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $36.60.

The Pennant Group Price Performance

Shares of NASDAQ:PNTG opened at $31.01 on Thursday. The firm has a market cap of $1.08 billion, a PE ratio of 37.36, a price-to-earnings-growth ratio of 2.06 and a beta of 1.30. The firm's fifty day moving average is $31.53 and its 200-day moving average is $28.61. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.14 and a current ratio of 1.14. The Pennant Group, Inc. has a 52 week low of $21.73 and a 52 week high of $35.00.

The Pennant Group (NASDAQ:PNTG - Get Free Report) last issued its quarterly earnings results on Wednesday, February 25th. The company reported $0.34 EPS for the quarter, topping analysts' consensus estimates of $0.31 by $0.03. The company had revenue of $289.32 million for the quarter, compared to analyst estimates of $275.20 million. The Pennant Group had a net margin of 3.12% and a return on equity of 10.10%. The Pennant Group has set its FY 2026 guidance at 1.260-1.360 EPS. Sell-side analysts predict that The Pennant Group, Inc. will post 0.75 earnings per share for the current year.

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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