The Ensign Group, Inc. $ENSG Shares Purchased by Grandeur Peak Global Advisors LLC

Grandeur Peak Global Advisors LLC lifted its stake in The Ensign Group, Inc. (NASDAQ:ENSG) by 24.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 20,924 shares of the company’s stock after purchasing an additional 4,133 shares during the quarter. The Ensign Group comprises about 0.8% of Grandeur Peak Global Advisors LLC’s portfolio, making the stock its 26th largest holding. Grandeur Peak Global Advisors LLC’s holdings in The Ensign Group were worth $3,354,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Cedar Mountain Advisors LLC acquired a new stake in shares of The Ensign Group during the first quarter worth $32,000. Transamerica Financial Advisors LLC purchased a new stake in shares of The Ensign Group during the second quarter valued at $26,000. Monetary Solutions Ltd acquired a new position in shares of The Ensign Group in the 4th quarter valued at $30,000. Northwestern Mutual Wealth Management Co. increased its position in shares of The Ensign Group by 55.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 172 shares of the company’s stock valued at $30,000 after acquiring an additional 61 shares during the period. Finally, Bayban purchased a new position in The Ensign Group in the 4th quarter worth $31,000. 96.12% of the stock is currently owned by institutional investors and hedge funds.

The Ensign Group Price Performance

NASDAQ:ENSG opened at $172.98 on Monday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.21 and a quick ratio of 1.21. The company’s fifty day moving average price is $173.40 and its 200-day moving average price is $184.11. The Ensign Group, Inc. has a 1-year low of $141.58 and a 1-year high of $218.00. The firm has a market capitalization of $10.08 billion, a P/E ratio of 27.11, a PEG ratio of 1.66 and a beta of 0.68.

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

The Ensign Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.065 per share. The ex-dividend date 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 dividend payout ratio (DPR) is presently 4.08%.

Insider Activity

In other news, Director John O. Agwunobi sold 392 shares of the business’s stock in a transaction dated Monday, July 20th. The stock was sold at an average price of $171.06, for a total value of $67,055.52. Following the completion of the transaction, the director owned 9,503 shares of the company’s stock, valued at $1,625,583.18. The trade was a 3.96% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Barry M. Smith sold 700 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $164.28, for a total value of $114,996.00. Following the completion of the sale, the director owned 21,352 shares in the company, valued at $3,507,706.56. The trade was a 3.17% decrease in their position. 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.

Analyst Ratings Changes

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

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.