Wells Fargo & Company Forecasts Strong Price Appreciation for The Pennant Group (NASDAQ:PNTG) Stock

Posted by Stanley Muller on Aug 11th, 2026

The Pennant Group (NASDAQ:PNTG – Get Free Report) had its target price boosted by analysts at Wells Fargo & Company from $45.00 to $46.00 in a report issued on Tuesday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Wells Fargo & Company‘s price objective would indicate a potential upside of 16.04% from the company’s previous close.

A number of other analysts have also issued reports on PNTG. Truist Financial increased their price target on shares of The Pennant Group from $42.00 to $48.00 and gave the stock a “buy” rating in a research report on Tuesday, July 14th. Wall Street Zen upgraded shares of The Pennant Group from a “hold” rating to a “buy” rating in a research note on Saturday, June 20th. Royal Bank Of Canada increased their target price on shares of The Pennant Group from $41.00 to $42.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. Finally, Weiss Ratings raised shares of The Pennant Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, August 5th. Seven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, The Pennant Group presently has a consensus rating of “Moderate Buy” and an average price target of $41.20.

View Our Latest Report on The Pennant Group

The Pennant Group Stock Up 1.6%

Shares of The Pennant Group stock opened at $39.64 on Tuesday. The stock has a 50-day moving average price of $37.27 and a 200 day moving average price of $33.77. The company has a market cap of $1.38 billion, a P/E ratio of 44.04, a P/E/G ratio of 2.62 and a beta of 1.26. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.48. The Pennant Group has a 1 year low of $22.25 and a 1 year high of $42.69.

The Pennant Group (NASDAQ:PNTG – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.36 EPS for the quarter, topping 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 firm had revenue of $297.98 million during the quarter, compared to analyst estimates of $288.71 million. The Pennant Group has set its FY 2026 guidance at 1.340-1.410 EPS. As a group, analysts expect that The Pennant Group will post 1.14 EPS for the current fiscal year.

Hedge Funds Weigh In On The Pennant Group

Large investors have recently added to or reduced their stakes in the company. Royal Bank of Canada grew its holdings in shares of The Pennant Group by 174.5% during the 1st quarter. Royal Bank of Canada now owns 27,290 shares of the company’s stock worth $687,000 after purchasing an additional 17,347 shares in the last quarter. AQR Capital Management LLC increased its stake in The Pennant Group by 32.6% in the first quarter. AQR Capital Management LLC now owns 10,255 shares of the company’s stock valued at $258,000 after acquiring an additional 2,524 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in The Pennant Group by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,394 shares of the company’s stock worth $488,000 after purchasing an additional 857 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in The Pennant Group by 4.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 81,392 shares of the company’s stock worth $2,047,000 after purchasing an additional 3,507 shares during the period. Finally, Jane Street Group LLC acquired a new stake in The Pennant Group during the first quarter valued at approximately $297,000. Institutional investors and hedge funds own 85.88% of the company’s stock.

The Pennant Group Company Profile

(Get Free Report)

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.