27,693 The Pennant Group, Inc. $PNTG Shares Sold by Summit Creek Advisors LLC

Summit Creek Advisors LLC reduced its position in shares of The Pennant Group, Inc. (NASDAQ:PNTG) by 16.0% in the third quarter, HoldingsChannel reports. The institutional investor owned 145,062 shares of the company’s stock after selling 27,693 shares during the quarter. The Pennant Group makes up approximately 2.3% of Summit Creek Advisors LLC’s holdings, making the stock its 18th biggest holding. Summit Creek Advisors LLC’s holdings in The Pennant Group were worth $5,657,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PNTG. Bank of America Corp DE bought a new stake in shares of The Pennant Group in the second quarter worth about $3,430,000. Legal & General Group Plc purchased a new position in The Pennant Group during the 2nd quarter valued at about $1,142,000. Grandeur Peak Global Advisors LLC bought a new position in The Pennant Group during the 2nd quarter valued at approximately $6,644,000. Bank of New York Mellon Corp bought a new position in The Pennant Group during the 2nd quarter valued at approximately $4,225,000. Finally, Manatuck Hill Partners LLC bought a new position in The Pennant Group during the 2nd quarter valued at approximately $2,217,000. 85.88% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Oppenheimer increased their price objective on The Pennant Group from $47.00 to $50.00 and gave the stock an “outperform” rating in a report on Thursday. Wall Street Zen cut The Pennant Group from a “buy” rating to a “hold” rating in a research note on Saturday. Weiss Ratings raised The Pennant Group from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, August 19th. Truist Financial raised their price target on The Pennant Group from $42.00 to $48.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Finally, Royal Bank Of Canada lifted their price target on shares of The Pennant Group from $44.00 to $48.00 and gave the company an “outperform” rating in a report on Friday. Six equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $48.00.

Key The Pennant Group News

Here are the key news stories impacting The Pennant Group this week:

• Positive Sentiment: RBC raised its price target to $48 from $44 and maintained an Outperform rating. RBC Raises Price Target on Pennant Group
• Positive Sentiment: Oppenheimer also lifted its target, to $50 from $47, and reiterated an Outperform rating—suggesting continued analyst confidence in the company’s prospects.
• Positive Sentiment: Q3 coverage said Pennant beat earnings and sales expectations, a supportive signal for demand and financial performance. Pennant Group Earnings Beat Pennant Group Beats Q3 Sales Expectations
• Neutral Sentiment: For FY 2026, Pennant guided to EPS of $1.34–$1.41, straddling the $1.36 consensus, and revenue of $1.2 billion, in line with expectations. The range offers limited upside versus consensus, while its lower end is below it.
• Negative Sentiment: A Q3 analysis highlighted margin pressure and integration challenges as risks to the outlook. These concerns may temper the impact of the earnings beat and analyst target increases. Q3 Deep Dive: Margin Pressure and Integration Challenges

The Pennant Group Price Performance

Shares of NASDAQ PNTG opened at $36.36 on Friday. The Pennant Group, Inc. has a 1 year low of $23.50 and a 1 year high of $44.24. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.18 and a quick ratio of 1.20. The company’s 50-day moving average is $40.16 and its 200 day moving average is $35.70. The stock has a market capitalization of $1.27 billion, a P/E ratio of 36.73, a P/E/G ratio of 2.37 and a beta of 1.33.

The Pennant Group (NASDAQ:PNTG) last issued its quarterly earnings data on Wednesday, November 4th. The company reported $0.35 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.01). The Pennant Group had a return on equity of 10.23% and a net margin of 3.05%. The company had revenue of $302.25 million during the quarter, compared to analysts’ expectations of $299.34 million. On average, sell-side analysts expect that The Pennant Group, Inc. will post 1.18 earnings per share for the current year.

The Pennant Group Profile

The Pennant Group, Inc is a healthcare services company that operates home health, hospice and senior living businesses in the United States. Through its affiliated agencies and communities, the company provides skilled nursing, physical, occupational and speech therapy, personal care, hospice and palliative services, assisted living, and other support for older adults and individuals recovering from illness or injury.

Pennant’s home health and hospice operations serve patients in their homes and other residential settings, while its senior living segment operates communities that provide assisted living and related services.