Engine Capital Management LP Sells 2,256,741 Shares of Acadia Healthcare Company, Inc. $ACHC

Engine Capital Management LP lessened its holdings in Acadia Healthcare Company, Inc. (NASDAQ:ACHC) by 87.3% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 328,833 shares of the company’s stock after selling 2,256,741 shares during the period. Acadia Healthcare comprises approximately 0.6% of Engine Capital Management LP’s holdings, making the stock its 21st biggest position. Engine Capital Management LP owned approximately 0.36% of Acadia Healthcare worth $4,666,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in ACHC. Goldman Sachs Group Inc. raised its stake in Acadia Healthcare by 417.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 4,728,613 shares of the company’s stock worth $67,099,000 after acquiring an additional 3,815,471 shares during the period. Jefferies Financial Group Inc. bought a new stake in Acadia Healthcare during the 4th quarter worth approximately $47,960,000. Deerfield Management Company L.P. bought a new stake in Acadia Healthcare during the 3rd quarter worth approximately $29,440,000. Rubric Capital Management LP bought a new stake in Acadia Healthcare during the 3rd quarter worth approximately $27,236,000. Finally, Wellington Management Group LLP raised its stake in Acadia Healthcare by 11.8% during the 3rd quarter. Wellington Management Group LLP now owns 9,423,548 shares of the company’s stock worth $233,327,000 after acquiring an additional 993,205 shares during the period.

Acadia Healthcare Trading Down 6.0%

Shares of ACHC opened at $23.50 on Thursday. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.71 and a quick ratio of 1.71. Acadia Healthcare Company, Inc. has a 1 year low of $11.43 and a 1 year high of $30.20. The company has a 50 day simple moving average of $25.53 and a two-hundred day simple moving average of $20.23. The firm has a market cap of $2.16 billion, a P/E ratio of -1.92, a price-to-earnings-growth ratio of 8.34 and a beta of 0.69.

Acadia Healthcare (NASDAQ:ACHC) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.09. Acadia Healthcare had a negative net margin of 32.84% and a positive return on equity of 7.09%. The business had revenue of $828.80 million during the quarter, compared to analyst estimates of $823.51 million. During the same period last year, the firm posted $0.40 EPS. The company’s revenue was up 7.6% on a year-over-year basis. Acadia Healthcare has set its Q2 2026 guidance at 0.300-0.400 EPS. On average, equities analysts expect that Acadia Healthcare Company, Inc. will post 1.5 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on ACHC shares. KeyCorp restated an “overweight” rating and set a $30.00 target price on shares of Acadia Healthcare in a research note on Wednesday, May 27th. Guggenheim raised their target price on shares of Acadia Healthcare from $26.00 to $31.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Raymond James Financial upgraded shares of Acadia Healthcare from an “outperform” rating to a “strong-buy” rating and set a $39.00 target price on the stock in a research note on Monday, May 4th. Royal Bank Of Canada raised their target price on shares of Acadia Healthcare from $28.00 to $31.00 and gave the stock an “outperform” rating in a research note on Monday, May 4th. Finally, Zacks Research upgraded shares of Acadia Healthcare from a “strong sell” rating to a “hold” rating in a research note on Thursday, March 5th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Acadia Healthcare has a consensus rating of “Hold” and an average price target of $26.85.

Acadia Healthcare Profile

Acadia Healthcare Company, Inc (NASDAQ: ACHC) is a publicly traded provider of behavioral healthcare services headquartered in Franklin, Tennessee. Founded in 2005, the company has grown through organic expansion and strategic acquisitions to establish itself as a leading specialist in mental health and addiction treatment across the United States.

Acadia operates a diversified network of inpatient psychiatric hospitals, residential treatment centers, outpatient clinics and intensive outpatient programs.