Cibc World Market Inc. Takes $835,000 Position in Encore Capital Group Inc $ECPG

Posted by Geri Gentry on Aug 28th, 2026

Cibc World Market Inc. acquired a new position in shares of Encore Capital Group Inc (NASDAQ:ECPG – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 8,950 shares of the asset manager’s stock, valued at approximately $835,000.

Several other hedge funds have also modified their holdings of the stock. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Encore Capital Group in the second quarter valued at approximately $5,565,000. Globeflex Capital L P acquired a new position in Encore Capital Group during the second quarter worth approximately $8,792,000. Quantbot Technologies LP purchased a new position in Encore Capital Group during the second quarter worth approximately $322,000. Ieq Capital LLC purchased a new position in Encore Capital Group during the second quarter worth approximately $5,569,000. Finally, Callan Family Office LLC purchased a new position in Encore Capital Group during the second quarter worth approximately $204,000.

Encore Capital Group Price Performance

ECPG opened at $101.98 on Friday. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 3.87. Encore Capital Group Inc has a 52-week low of $39.94 and a 52-week high of $104.98. The company has a 50 day moving average of $93.73 and a two-hundred day moving average of $81.05. The company has a market cap of $2.16 billion, a P/E ratio of 7.72 and a beta of 1.27.

Encore Capital Group (NASDAQ:ECPG – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The asset manager reported $2.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.67 by $0.14. Encore Capital Group had a net margin of 15.86% and a return on equity of 29.83%. The company had revenue of $491.87 million during the quarter, compared to analyst estimates of $455.10 million. During the same quarter in the prior year, the business earned $2.49 earnings per share. The business’s quarterly revenue was up 11.3% compared to the same quarter last year. Encore Capital Group has set its FY 2026 guidance at 13.000-14.000 EPS. On average, analysts expect that Encore Capital Group Inc will post 13.52 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider John Yung sold 2,000 shares of the company’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $82.08, for a total transaction of $164,160.00. Following the completion of the sale, the insider directly owned 64,570 shares of the company’s stock, valued at approximately $5,299,905.60. This represents a 3.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 3.00% of the company’s stock.

Wall Street Analyst Weigh In

ECPG has been the subject of several research reports. Citigroup reissued a “market outperform” rating on shares of Encore Capital Group in a research note on Tuesday, August 11th. Wall Street Zen lowered Encore Capital Group from a “strong-buy” rating to a “hold” rating in a research report on Saturday, May 9th. Weiss Ratings upgraded Encore Capital Group from a “hold (c)” rating to a “buy (b-)” rating in a report on Monday, August 3rd. Truist Financial boosted their price target on Encore Capital Group from $105.00 to $112.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Finally, Citizens Jmp upped their price target on Encore Capital Group from $108.00 to $115.00 and gave the stock a “market outperform” rating in a research note on Wednesday, June 17th. One equities research analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $89.75.

View Our Latest Stock Report on Encore Capital Group

About Encore Capital Group

(Free Report)

Encore Capital Group, Inc is a global specialty finance company that focuses on the purchase and management of nonperforming consumer receivables. Through its subsidiaries, the company acquires charged-off debt portfolios from credit card issuers, banks, and other financial institutions, and seeks to recover outstanding balances through a combination of customer outreach, payment arrangements, and, where appropriate, legal collection efforts. Encore’s business model emphasizes compliance with regulatory and industry standards to ensure ethical and transparent debt-recovery practices.

Headquartered in San Diego, California, Encore operates across North America and Europe.