Engineers Gate Manager LP Makes New $2.08 Million Investment in Maximus, Inc. $MMS

Engineers Gate Manager LP purchased a new stake in Maximus, Inc. (NYSE:MMS) during the 2nd quarter, Holdings Channel.com reports. The firm purchased 38,590 shares of the health services provider’s stock, valued at approximately $2,075,000.

A number of other institutional investors also recently modified their holdings of the company. Empowered Funds LLC bought a new position in shares of Maximus during the second quarter worth about $504,000. Assenagon Asset Management S.A. bought a new stake in Maximus in the 2nd quarter valued at approximately $1,719,000. Reinhart Partners LLC. boosted its position in Maximus by 131.8% during the 2nd quarter. Reinhart Partners LLC. now owns 1,982,415 shares of the health services provider’s stock worth $106,575,000 after acquiring an additional 1,127,346 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Maximus by 7.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,107,278 shares of the health services provider’s stock worth $135,084,000 after acquiring an additional 141,362 shares during the last quarter. Finally, Walleye Capital LLC bought a new position in shares of Maximus during the 2nd quarter worth approximately $20,645,000. 97.21% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. Weiss Ratings reissued a “hold (c-)” rating on shares of Maximus in a research report on Monday, August 17th. Zacks Research lowered shares of Maximus from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 11th. Finally, Wall Street Zen cut shares of Maximus from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce”.

Maximus Stock Down 1.8%

NYSE:MMS opened at $58.28 on Wednesday. Maximus, Inc. has a twelve month low of $52.73 and a twelve month high of $100.00. The firm has a market capitalization of $3.05 billion, a price-to-earnings ratio of 8.61 and a beta of 0.59. The company has a quick ratio of 2.42, a current ratio of 2.42 and a debt-to-equity ratio of 0.90. The stock’s 50 day moving average price is $58.21 and its two-hundred day moving average price is $62.12.

Maximus (NYSE:MMS) last released its quarterly earnings data on Thursday, August 6th. The health services provider reported $2.22 EPS for the quarter, beating the consensus estimate of $2.21 by $0.01. Maximus had a return on equity of 24.91% and a net margin of 7.07%.The company had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.33 billion. During the same quarter in the prior year, the firm posted $2.16 EPS. The firm’s revenue for the quarter was down 5.1% compared to the same quarter last year. Maximus has set its FY 2026 guidance at 7.900-8.200 EPS. Equities research analysts expect that Maximus, Inc. will post 8.03 earnings per share for the current fiscal year.

Maximus Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, August 31st. Shareholders of record on Friday, August 14th were given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Friday, August 14th. Maximus’s dividend payout ratio is 19.50%.

Maximus Company Profile

Maximus, Inc (NYSE: MMS) is a provider of technology-enabled government services. The company partners with federal, state, provincial and local governments to administer public programs, improve service delivery and help agencies manage complex operational and administrative needs.

Its services include health and human services administration, employment and workforce support, program eligibility and enrollment, citizen engagement, customer contact centers, consulting and digital transformation.