Altshuler Shaham Ltd Raises Position in PennantPark Floating Rate Capital Ltd. $PFLT

Posted by Brenda Bartman on Jun 18th, 2026

Altshuler Shaham Ltd raised its stake in shares of PennantPark Floating Rate Capital Ltd. (NYSE:PFLT – Free Report) by 44.1% during the fourth quarter, HoldingsChannel reports. The firm owned 1,320,156 shares of the company’s stock after buying an additional 404,117 shares during the quarter. Altshuler Shaham Ltd’s holdings in PennantPark Floating Rate Capital were worth $12,238,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Guggenheim Capital LLC raised its position in PennantPark Floating Rate Capital by 8.0% during the fourth quarter. Guggenheim Capital LLC now owns 59,147 shares of the company’s stock valued at $548,000 after purchasing an additional 4,362 shares during the period. Schonfeld Strategic Advisors LLC purchased a new stake in PennantPark Floating Rate Capital during the fourth quarter valued at approximately $149,000. Jump Financial LLC purchased a new stake in PennantPark Floating Rate Capital during the fourth quarter valued at approximately $320,000. Osaic Holdings Inc. raised its position in PennantPark Floating Rate Capital by 25.9% during the fourth quarter. Osaic Holdings Inc. now owns 208,639 shares of the company’s stock valued at $1,934,000 after purchasing an additional 42,966 shares during the period. Finally, Beacon Investment Advisors LLC raised its position in PennantPark Floating Rate Capital by 14.2% during the fourth quarter. Beacon Investment Advisors LLC now owns 20,916 shares of the company’s stock valued at $194,000 after purchasing an additional 2,601 shares during the period. 19.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at PennantPark Floating Rate Capital

In other news, Director Jose A. Briones acquired 5,770 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were bought at an average price of $8.67 per share, with a total value of $50,025.90. Following the completion of the purchase, the director directly owned 348,083 shares in the company, valued at $3,017,879.61. This trade represents a 1.69% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.00% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on PFLT shares. Truist Financial decreased their price objective on PennantPark Floating Rate Capital from $10.00 to $9.00 and set a “buy” rating on the stock in a research report on Tuesday, May 19th. Zacks Research downgraded PennantPark Floating Rate Capital from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 12th. Weiss Ratings restated a “hold (c-)” rating on shares of PennantPark Floating Rate Capital in a research report on Friday, May 8th. Citizens Jmp cut their target price on PennantPark Floating Rate Capital from $11.00 to $10.00 and set a “market outperform” rating on the stock in a research note on Wednesday, April 22nd. Finally, Wall Street Zen raised PennantPark Floating Rate Capital from a “sell” rating to a “hold” rating in a research note on Saturday, March 28th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, PennantPark Floating Rate Capital currently has an average rating of “Moderate Buy” and a consensus target price of $9.80.

Get Our Latest Stock Analysis on PFLT

PennantPark Floating Rate Capital Trading Down 3.4%

PFLT opened at $7.59 on Thursday. The stock has a market cap of $752.58 million, a price-to-earnings ratio of 12.23 and a beta of 0.75. The stock’s 50 day moving average price is $8.44 and its 200-day moving average price is $8.74. PennantPark Floating Rate Capital Ltd. has a one year low of $7.56 and a one year high of $10.88. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.18 and a current ratio of 0.18.

PennantPark Floating Rate Capital (NYSE:PFLT – Get Free Report) last released its earnings results on Thursday, May 7th. The company reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.01). PennantPark Floating Rate Capital had a net margin of 23.08% and a return on equity of 9.95%. The business had revenue of $44.81 million for the quarter. On average, equities analysts forecast that PennantPark Floating Rate Capital Ltd. will post 1.08 EPS for the current year.

PennantPark Floating Rate Capital Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be paid a $0.0833 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a c) annualized dividend and a yield of 13.2%. PennantPark Floating Rate Capital’s dividend payout ratio is 154.84%.

PennantPark Floating Rate Capital Profile

(Free Report)

PennantPark Floating Rate Capital Ltd. is a business development company. It seeks to make secondary direct, debt, equity, and loan investments. The fund seeks to invest through floating rate loans in private or thinly traded or small market-cap, public middle market companies. It primarily invests in the United States and to a limited extent non-U.S. companies. The fund typically invests between $2 million and $20 million. The fund also invests in equity securities, such as preferred stock, common stock, warrants or options received in connection with debt investments or through direct investments.