Turtle Creek Asset Management Picked Pennant Group (PNTG) Amid Multiple Tailwinds

2 hours ago 2

Soumya Eswaran

Thu, June 18, 2026 astatine 7:37 AM CDT 3 min read

Turtle Creek Asset Management, an concern absorption company, precocious published its Q1 2026 report. A transcript is disposable to download here. Turtle Creek Asset Management's Q1 2026 study covers cardinal marketplace factors presently astatine play. The escalation of the Iran struggle has pushed lipid and state prices higher, portion AI's interaction connected assorted sectors, particularly endeavor software, continues to grow. The steadfast accrued rebalancing enactment successful the 4th amid heightened marketplace volatility and the momentum successful AI-related trades. In this environment, Turtle Creek Equity Fund returned -4.8% for the quarter. Additionally, you tin reappraisal the Portfolio's apical 5 holdings to spot its champion picks for 2026.

In its first-quarter 2026 capitalist letter, Turtle Creek Asset Management highlighted The Pennant Group, Inc. (NASDAQ:PNTG). The Pennant Group, Inc. (NASDAQ:PNTG) is simply a healthcare institution that offers location wellness services, and hospice services. On June 17, 2026, The Pennant Group, Inc. (NASDAQ:PNTG) closed astatine $34.58 per share. One-month instrumentality of The Pennant Group, Inc. (NASDAQ:PNTG) was -0.03%, and its shares gained 23.24% implicit the past 52 weeks. The Pennant Group, Inc. (NASDAQ:PNTG) has a marketplace capitalization of $1.20 billion.

Turtle Creek Asset Management stated the pursuing regarding The Pennant Group, Inc. (NASDAQ:PNTG) successful its Q1 2026 capitalist letter:

"The Pennant Group, Inc. (NASDAQ:PNTG) provides location wellness attraction and hospice services successful the United States and was 'spun' retired of The Ensign Group six years ago. Ensign is the largest and starring skilled nursing facilities relation successful the United States, and we added Ensign to the portfolio a twelvemonth ago. Our enactment connected Ensign led america to Pennant. Like Ensign, the institution has a highly decentralized, "locally-led" operating model. Rather than relying connected a rigid top-down firm structure, Pennant empowers section objective and operational leaders to marque decisions tailored to the circumstantial needs of their respective communities. This attack fosters entrepreneurship, accountability, and a beardown absorption connected delivering high-quality diligent care."

30 Cities With High Quality Nursing Homes successful the US

The Pennant Group, Inc. (NASDAQ:PNTG) is not connected our database of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 24 hedge money portfolios held The Pennant Group, Inc. (NASDAQ:PNTG) astatine the extremity of the archetypal quarter, compared to 30 successful the erstwhile quarter. In Q1 2026, The Pennant Group, Inc. (NASDAQ:PNTG) reported gross of $285.4 million, up $75.5 million, oregon 36%, from Q1 2025. While we admit the imaginable of The Pennant Group, Inc. (NASDAQ:PNTG) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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