Pennant Park Investment Corp (PNNT)

• Market cap: $444M
• 1 day: -0.87%
• 5 days: -5.56%
• 1 month: -4.49%
• 3 months: 2.26%
• 6 months: -3.13%
• Year to date: -4.09%
• 1 year: -2.3%
• 5 years: 93.73%
• 10 years: -4.49%
• Sector: Financials
• Industry: Asset Management

About: Pennant Park Investment Corp is a closed-end, non-diversified investment company. Its investment objective is to generate current income and capital appreciation also seeking to preserve capital through debt and equity investments. The company focuses on investing in United States middle-market companies that offer attractive risk-reward to investors and to create a diversified portfolio that includes senior secured debt, mezzanine debt, and equity investments. It generates majority of its revenue from interest and dividends received from investments made.

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

437% more call options, than puts

Call options by funds: $1.65M | Put options by funds: $308K

7% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 15

0% more funds holding

Funds holding: 108 [Q1] → 108 (+0) [Q2]

1.76% less ownership

Funds ownership: 21.48% [Q1] → 19.72% (-1.76%) [Q2]

11% less capital invested

Capital invested by funds: $98.6M [Q1] → $88.2M (-$10.4M) [Q2]

16% less repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 32

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $6.25
• Avg. target: $6.63
• High target: $7

2 analyst ratings

• positive: 0 0%
• neutral: 1 50%
• negative: 1 50%

JP Morgan Melissa Wedel	$7	Neutral Maintained	14 Aug 2025
Keefe, Bruyette & Woods Ryan Lynch	$6.25	Underperform Downgraded	14 Aug 2025