The Pennant Group announces acquisitions of senior living communities in Idaho and Wisconsin to expand its market presence and services.
Quiver AI Summary
The Pennant Group, Inc. announced two key acquisitions aimed at enhancing its presence in the senior care market. Effective November 1, 2025, Pennant acquired a 55-bed assisted living community in Lewiston, Idaho, now named Twin Rivers Senior Living, reinforcing its commitment to expanding high-quality care in the Mountain West region. Additionally, on November 4th, Pennant acquired the real estate for Honey Creek Heights Senior Living in West Allis, Wisconsin, adding 135 assisted living beds to its Midwest portfolio. CEO Brent Guerisoli highlighted that these acquisitions align with Pennant's disciplined growth strategy and commitment to exceptional care. The company aims to leverage its local expertise to make a meaningful impact on residents and staff in both communities, while also integrating its home health and hospice services to enhance support and care continuity.
Potential Positives
- The Pennant Group enhances its market presence by acquiring a 55-bed assisted living community in Lewiston, Idaho, aligning with its strategic commitment to high-quality senior care services in the Mountain West.
- The acquisition of Honey Creek Heights Senior Living adds 135 assisted living beds to Pennant’s portfolio in the Midwest, expanding its operational capacity and footprint in a growing market.
- These acquisitions reflect a disciplined growth strategy and indicate strong capital deployment by leveraging favorable market conditions to secure attractively priced real estate.
- The company's expansion efforts emphasize its dedication to delivering integrated continuums of care, enhancing service offerings to meet community needs effectively.
Potential Negatives
- Acquiring two new properties may lead to increased operational complexity and management challenges in maintaining quality service across a larger portfolio.
- The press release does not provide specific details about the financial terms of the acquisitions, leaving potential concerns about the company's debt level or financial stability unaddressed.
- There is a lack of information regarding how these acquisitions will be funded, which could raise questions about the company's capital strategy and potential dilution of shareholder value.
FAQ
What recent acquisitions did The Pennant Group announce?
The Pennant Group announced the acquisition of Twin Rivers Senior Living in Idaho and Honey Creek Heights Senior Living in Wisconsin.
When did the acquisitions become effective?
The acquisitions became effective on November 1, 2025, for Twin Rivers and November 4, 2025, for Honey Creek Heights.
How many beds are added to Pennant's portfolio from these acquisitions?
The acquisitions add 190 assisted living beds to Pennant's growing portfolio, with 55 beds in Idaho and 135 in Wisconsin.
What is the strategic goal behind these acquisitions?
The strategic goal is to expand high-quality senior care services and strengthen their presence in key markets.
What underlying strategy does Pennant emphasize for growth?
Pennant emphasizes a disciplined growth strategy, focusing on leveraging favorable market conditions for real estate acquisitions.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$PNTG Insider Trading Activity
$PNTG insiders have traded $PNTG stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $PNTG stock by insiders over the last 6 months:
- JOANNE STRINGFIELD sold 5,000 shares for an estimated $147,350
- BRENT GUERISOLI (Chief Executive Officer) sold 3,995 shares for an estimated $93,231
- KIRK STERLING CHENEY (EVP, GC and Corp Secy) sold 880 shares for an estimated $20,539
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$PNTG Hedge Fund Activity
We have seen 84 institutional investors add shares of $PNTG stock to their portfolio, and 90 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- OPHIR ASSET MANAGEMENT PTY LTD added 840,642 shares (+403.9%) to their portfolio in Q2 2025, for an estimated $25,093,163
- WCM INVESTMENT MANAGEMENT, LLC added 639,384 shares (+inf%) to their portfolio in Q3 2025, for an estimated $16,125,264
- AMERIPRISE FINANCIAL INC added 480,949 shares (+inf%) to their portfolio in Q2 2025, for an estimated $14,356,327
- 8 KNOTS MANAGEMENT, LLC removed 361,217 shares (-12.0%) from their portfolio in Q2 2025, for an estimated $10,782,327
- VAN BERKOM & ASSOCIATES INC. added 284,856 shares (+10.1%) to their portfolio in Q3 2025, for an estimated $7,184,068
- FMR LLC removed 282,616 shares (-7.0%) from their portfolio in Q2 2025, for an estimated $8,436,087
- WELLINGTON MANAGEMENT GROUP LLP added 212,887 shares (+153.8%) to their portfolio in Q2 2025, for an estimated $6,354,676
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$PNTG Analyst Ratings
Wall Street analysts have issued reports on $PNTG in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Jefferies issued a "Buy" rating on 10/24/2025
- Stephens & Co. issued a "Overweight" rating on 06/10/2025
To track analyst ratings and price targets for $PNTG, check out Quiver Quantitative's $PNTG forecast page.
$PNTG Price Targets
Multiple analysts have issued price targets for $PNTG recently. We have seen 4 analysts offer price targets for $PNTG in the last 6 months, with a median target of $29.5.
Here are some recent targets:
- Brian Tanquilut from Jefferies set a target price of $30.0 on 10/24/2025
- Raj Kumar from Stephens & Co. set a target price of $40.0 on 10/09/2025
- Stephen Baxter from Wells Fargo set a target price of $29.0 on 08/14/2025
- David Macdonald from Truist Securities set a target price of $28.0 on 07/16/2025
Full Release
EAGLE, Idaho, Nov. 04, 2025 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice, home care and senior living companies, announces two significant acquisitions that strengthen its presences in key markets.
Effective November 1, 2025, Pennant acquired the operations and real property of a 55-bed assisted living community in Lewiston, Idaho. This community, now known as Twin Rivers Senior Living , reinforces Pennant’s strategic commitment to expanding high-quality senior care services across the Mountain West.
In addition, effective today, November 4 th , Pennant completed the acquisition of the real property for Honey Creek Heights Senior Living in West Allis, Wisconsin. This follows its earlier operational acquisition on January 1, 2025. This community adds 135 assisted living beds to Pennant’s growing Midwest portfolio.
“These acquisitions reflect our disciplined growth strategy and our dedication to delivering exceptional care,” said Brent Guerisoli, Chief Executive Officer of Pennant. “Twin Rivers bolsters our home-state presence, while Honey Creek Heights expands our footprint in Wisconsin. The real estate transactions underscore our disciplined approach to capital deployment and value creation. By leveraging favorable market conditions, we secured attractively priced real estate that expands our senior living portfolio.”
“As we strengthen our presence in Idaho and Wisconsin, we are excited to bring our expertise and commitment to excellence to the residents,” added Andrew Rider, President of Pinnacle Senior Living LLC, Pennant’s senior living subsidiary. “These transactions align with our long-term strategy to grow in markets where we can leverage our local leadership and operational expertise to make a meaningful impact on the lives of our new residents and staff. In addition, our affiliated home health and hospice providers are positioned to serve both communities, supporting our vision of building integrated continuums of care across the country.”
Pennant will continue to work closely with residents, families, and staff to deliver life-changing services for these communities.
About Pennant :
The Pennant Group, Inc. is a holding company of independent operating subsidiaries that provide healthcare services through home health and hospice agencies and senior living communities located throughout Alabama, Arizona, California, Colorado, Connecticut, Georgia, Idaho, Montana, Nevada, Oklahoma, Oregon, Tennessee, Texas, Utah, Washington, Wisconsin and Wyoming. Each of these businesses is operated by a separate, independent operating subsidiary that has its own management, employees and assets. References herein to the consolidated "company" and "its" assets and activities, as well as the use of the terms "we," "us," "its" and similar verbiage, are not meant to imply that The Pennant Group, Inc. has direct operating assets, employees or revenue, or that any of the home health and hospice businesses, senior living communities or the Service Center are operated by the same entity. More information about Pennant is available at www.pennantgroup.com.