The Ensign Group, Inc. $ENSG is Wasatch Advisors LP’s 2nd Largest Position

Wasatch Advisors LP raised its holdings in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 10.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,278,324 shares of the company’s stock after acquiring an additional 220,329 shares during the period. The Ensign Group makes up about 2.4% of Wasatch Advisors LP’s portfolio, making the stock its 2nd biggest position. Wasatch Advisors LP’s holdings in The Ensign Group were worth $365,215,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Private Trust Co. NA raised its holdings in shares of The Ensign Group by 156.5% during the fourth quarter. Private Trust Co. NA now owns 159 shares of the company’s stock worth $28,000 after purchasing an additional 97 shares during the last quarter. Monetary Solutions Ltd purchased a new position in shares of The Ensign Group during the 4th quarter valued at about $30,000. Northwestern Mutual Wealth Management Co. lifted its holdings 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 buying an additional 61 shares during the period. Bayban purchased a new stake in shares of The Ensign Group in the fourth quarter worth about $31,000. Finally, Cedar Mountain Advisors LLC purchased a new position in The Ensign Group during the first quarter valued at approximately $32,000. 96.12% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at The Ensign Group

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

The Ensign Group Trading Down 2.0%

Shares of ENSG stock opened at $180.20 on Wednesday. The firm has a market capitalization of $10.50 billion, a P/E ratio of 28.24, a PEG ratio of 1.77 and a beta of 0.68. The Ensign Group, Inc. has a fifty-two week low of $141.58 and a fifty-two week high of $218.00. The stock’s fifty day moving average is $167.31 and its two-hundred day moving average is $184.05. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.21 and a current ratio of 1.21.

The Ensign Group (NASDAQ:ENSG) last announced its quarterly earnings data on Monday, July 27th. The company reported $1.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.80 by $0.12. The company had revenue of $1.44 billion during 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 Ensign Group’s revenue was up 16.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.59 EPS. The Ensign Group has set its FY 2026 guidance at 7.750-7.850 EPS. Research analysts expect that The Ensign Group, Inc. will post 6.93 earnings per share for the current fiscal year.

The Ensign Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, June 30th were issued a $0.065 dividend. 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 0.1%. The Ensign Group’s dividend payout ratio is currently 4.08%.

Wall Street Analysts Forecast Growth

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

The Ensign Group Company Profile

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.