Keebeck Wealth Management purchased a new stake in The Ensign Group, Inc. (NASDAQ:ENSG – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,635 shares of the company’s stock, valued at approximately $583,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ENSG. BlackRock Inc. purchased a new position in shares of The Ensign Group during the 2nd quarter valued at about $937,218,000. Norges Bank purchased a new stake in shares of The Ensign Group in the fourth quarter worth about $134,660,000. Turtle Creek Asset Management Inc. acquired a new stake in The Ensign Group during the third quarter worth about $78,840,000. Bank of New York Mellon Corp purchased a new position in The Ensign Group during the second quarter valued at approximately $65,470,000. Finally, Wasatch Advisors LP raised its position in The Ensign Group by 10.7% during the second quarter. Wasatch Advisors LP now owns 2,278,324 shares of the company’s stock valued at $365,215,000 after acquiring an additional 220,329 shares in the last quarter. 96.12% of the stock is owned by institutional investors and hedge funds.
Insider Activity at The Ensign Group
In other news, Director John O. Agwunobi sold 392 shares of the company’s stock in a transaction that occurred on 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 $1,625,583.18. This represents a 3.96% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Barry M. Smith sold 700 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $164.28, for a total value of $114,996.00. Following the transaction, the director owned 21,352 shares in the company, valued at $3,507,706.56. This trade represents a 3.17% 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.
Wall Street Analyst Weigh In
View Our Latest Stock Report on ENSG
The Ensign Group Price Performance
NASDAQ:ENSG opened at $179.48 on Friday. 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, Inc. has a 52 week low of $141.58 and a 52 week high of $218.00. The stock’s 50-day moving average price is $171.11 and its 200-day moving average price is $184.42. The stock has a market capitalization of $10.46 billion, a PE ratio of 28.13, a price-to-earnings-growth ratio of 1.73 and a beta of 0.68.
The Ensign Group (NASDAQ:ENSG – Get Free Report) last released its quarterly earnings results on Monday, July 27th. The company reported $1.92 earnings per share for the quarter, topping analysts’ consensus estimates 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 return on equity of 16.75% and a net margin of 6.90%.The Ensign Group’s quarterly revenue was up 16.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.59 EPS. The Ensign Group has set its FY 2026 guidance at 7.750-7.850 EPS. As a group, equities analysts expect that The Ensign Group, Inc. will post 6.93 EPS for the current fiscal year.
The Ensign Group Announces Dividend
The firm 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. This represents a $0.26 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Tuesday, June 30th. The Ensign Group’s dividend payout ratio is presently 4.08%.
The Ensign Group 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.
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