Man Group plc Purchases Shares of 25,319 The Ensign Group, Inc. $ENSG

Man Group plc purchased a new position in shares of The Ensign Group, Inc. (NASDAQ:ENSG) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 25,319 shares of the company’s stock, valued at approximately $4,059,000.

A number of other hedge funds have also recently made changes to their positions in the business. Parkside Financial Bank & Trust boosted its stake in shares of The Ensign Group by 2.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,000 shares of the company’s stock valued at $348,000 after purchasing an additional 57 shares in the last quarter. Csenge Advisory Group raised its position in The Ensign Group by 3.7% in the 4th quarter. Csenge Advisory Group now owns 1,642 shares of the company’s stock worth $286,000 after purchasing an additional 58 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in The Ensign Group by 0.4% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 14,451 shares of the company’s stock worth $2,912,000 after purchasing an additional 58 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in The Ensign Group by 55.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 172 shares of the company’s stock worth $30,000 after purchasing an additional 61 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its position in The Ensign Group by 2.9% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,189 shares of the company’s stock valued at $381,000 after buying an additional 62 shares during the period. 96.12% of the stock is currently owned by institutional investors.

Insider Transactions at The Ensign Group

In related news, Director Barry M. Smith sold 700 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $164.28, for a total transaction of $114,996.00. Following the transaction, the director owned 21,352 shares in the company, valued at $3,507,706.56. The trade was a 3.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John O. Agwunobi sold 392 shares of the stock in a transaction dated Monday, July 20th. The stock was sold at an average price of $171.06, for a total transaction of $67,055.52. Following the completion of the transaction, the director directly owned 9,503 shares of the company’s stock, valued at approximately $1,625,583.18. The trade was a 3.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 4.00% of the company’s stock.

Analysts Set New Price Targets

ENSG has been the topic of a number of recent research reports. Wall Street Zen cut The Ensign Group from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Weiss Ratings lowered The Ensign Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, June 16th. Truist Financial increased their target price on The Ensign Group from $202.00 to $207.00 and gave the company a “hold” rating in a report on Thursday, July 30th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $228.00 price target on shares of The Ensign Group in a research report on Tuesday, July 28th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $216.25.

The Ensign Group Price Performance

Shares of The Ensign Group stock opened at $172.98 on Monday. The business has a 50 day moving average of $173.40 and a 200 day moving average of $184.11. The Ensign Group, Inc. has a 52 week low of $141.58 and a 52 week high of $218.00. The company has a market cap of $10.08 billion, a PE ratio of 27.11, a P/E/G ratio of 1.66 and a beta of 0.68. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.06.

The Ensign Group (NASDAQ:ENSG) last released its quarterly earnings results on Monday, July 27th. The company reported $1.92 earnings per share for the quarter, beating the consensus estimate of $1.80 by $0.12. The business had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.44 billion. The Ensign Group had a net margin of 6.90% and a return on equity of 16.75%. The firm’s revenue for the quarter was up 16.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.59 earnings per share. The Ensign Group has set its FY 2026 guidance at 7.750-7.850 EPS. As a group, equities research analysts forecast that The Ensign Group, Inc. will post 6.93 earnings per share for the current year.

The Ensign Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.065 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.2%. The Ensign Group’s payout ratio is presently 4.08%.

About The Ensign Group

The Ensign Group, Inc is a diversified provider of post-acute healthcare services in the United States, operating a network of skilled nursing, assisted living, independent living, home health and hospice care centers. The company’s model emphasizes integrated care by employing multidisciplinary teams—including nursing staff, therapists and physicians—to deliver personalized rehabilitation and long-term care services for seniors and other patients recovering from injury, illness or surgery.

Through its owned and managed centers, The Ensign Group offers a broad spectrum of rehabilitation services such as physical, occupational and speech therapy.