Penn Capital Management Company LLC Reduces Stake in Stagwell Inc. $STGW

Penn Capital Management Company LLC lowered its position in Stagwell Inc. (NASDAQ:STGW) by 8.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,364,302 shares of the company’s stock after selling 215,776 shares during the period. Penn Capital Management Company LLC owned about 0.94% of Stagwell worth $13,344,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of STGW. Boston Partners boosted its position in Stagwell by 40.9% in the second quarter. Boston Partners now owns 3,273,852 shares of the company’s stock worth $15,515,000 after purchasing an additional 950,913 shares during the last quarter. 683 Capital Management LLC increased its position in shares of Stagwell by 26.7% during the 2nd quarter. 683 Capital Management LLC now owns 950,000 shares of the company’s stock valued at $4,275,000 after purchasing an additional 200,000 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Stagwell by 23.6% in the 2nd quarter. Geode Capital Management LLC now owns 2,852,617 shares of the company’s stock worth $12,838,000 after purchasing an additional 544,464 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Stagwell by 59.0% in the third quarter. JPMorgan Chase & Co. now owns 1,736,644 shares of the company’s stock worth $9,777,000 after buying an additional 644,654 shares during the last quarter. Finally, Diversify Wealth Management LLC purchased a new position in shares of Stagwell in the second quarter worth approximately $7,875,000. Hedge funds and other institutional investors own 35.61% of the company’s stock.

Wall Street Analysts Forecast Growth

STGW has been the subject of a number of research reports. Wall Street Zen cut shares of Stagwell from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. Weiss Ratings raised shares of Stagwell from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday. Rosenblatt Securities reaffirmed a “buy” rating and issued a $9.00 target price on shares of Stagwell in a report on Wednesday, March 11th. B. Riley Financial cut their price target on Stagwell from $9.00 to $7.00 and set a “buy” rating for the company in a report on Friday, March 6th. Finally, Zacks Research downgraded Stagwell from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 30th. Five investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $7.96.

Stagwell Stock Up 1.5%

STGW opened at $6.07 on Wednesday. The company has a market capitalization of $1.53 billion, a PE ratio of 75.88 and a beta of 1.71. The firm has a 50-day simple moving average of $5.52 and a two-hundred day simple moving average of $5.34. The company has a quick ratio of 0.89, a current ratio of 0.79 and a debt-to-equity ratio of 1.71. Stagwell Inc. has a 52 week low of $4.03 and a 52 week high of $7.16.

Stagwell (NASDAQ:STGW) last issued its quarterly earnings data on Tuesday, March 10th. The company reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.01. Stagwell had a return on equity of 22.61% and a net margin of 1.00%.The business had revenue of $807.44 million for the quarter, compared to analysts’ expectations of $813.48 million. During the same period in the prior year, the firm earned $0.24 EPS. The company’s revenue for the quarter was up 2.4% on a year-over-year basis. Stagwell has set its FY 2026 guidance at 0.980-1.120 EPS. Analysts forecast that Stagwell Inc. will post 0.59 earnings per share for the current fiscal year.

Stagwell Profile

Stagwell Inc is a modern marketing and communications network that partners with global organizations to drive brand growth through data-driven insights and creative solutions. The company operates a diversified portfolio of specialized agencies and technology platforms, offering services that span digital marketing, advertising, public relations, consumer and market research, social media strategy, and commerce consulting. By integrating research, creative, media, and technology under a unified network, Stagwell aims to deliver end-to-end marketing solutions tailored to the evolving needs of clients in sectors such as technology, healthcare, consumer goods, and financial services.

Founded in 2015 by long-time political strategist and pollster Mark Penn, Stagwell has expanded organically and through strategic acquisitions to build capabilities across the marketing value chain.