Congress Asset Management Co. Makes New Investment in ASGN Incorporated $ASGN

Congress Asset Management Co. acquired a new stake in shares of ASGN Incorporated (NYSE:ASGN) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 85,853 shares of the business services provider’s stock, valued at approximately $4,065,000. Congress Asset Management Co. owned approximately 0.20% of ASGN as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Reinhart Partners LLC. lifted its position in shares of ASGN by 53.1% in the second quarter. Reinhart Partners LLC. now owns 1,019,406 shares of the business services provider’s stock worth $50,900,000 after buying an additional 353,419 shares in the last quarter. Kennedy Capital Management LLC increased its stake in ASGN by 1.7% in the 2nd quarter. Kennedy Capital Management LLC now owns 35,243 shares of the business services provider’s stock worth $1,760,000 after acquiring an additional 594 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its stake in ASGN by 3.1% in the 1st quarter. Russell Investments Group Ltd. now owns 16,074 shares of the business services provider’s stock worth $1,013,000 after acquiring an additional 485 shares during the last quarter. 95.36% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

ASGN has been the subject of a number of research reports. Truist Financial lowered their target price on ASGN from $65.00 to $50.00 and set a “buy” rating for the company in a research report on Friday, November 21st. Weiss Ratings reiterated a “sell (d+)” rating on shares of ASGN in a research report on Wednesday, October 8th. BMO Capital Markets reissued an “outperform” rating and issued a $57.00 price objective on shares of ASGN in a research note on Wednesday, December 3rd. UBS Group reduced their target price on shares of ASGN from $47.00 to $45.00 and set a “sell” rating on the stock in a report on Thursday, October 23rd. Finally, Wells Fargo & Company decreased their target price on shares of ASGN from $51.00 to $41.00 and set an “equal weight” rating on the stock in a research report on Friday, November 21st. Two investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Reduce” and an average price target of $48.33.

ASGN Trading Up 0.5%

ASGN stock opened at $49.07 on Tuesday. ASGN Incorporated has a twelve month low of $39.25 and a twelve month high of $95.29. The stock has a market capitalization of $2.10 billion, a price-to-earnings ratio of 16.52 and a beta of 0.88. The company has a quick ratio of 1.99, a current ratio of 1.99 and a debt-to-equity ratio of 0.64. The firm’s fifty day simple moving average is $45.39 and its two-hundred day simple moving average is $48.87.

ASGN (NYSE:ASGN) last posted its quarterly earnings data on Wednesday, October 22nd. The business services provider reported $1.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.22 by $0.09. The company had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $1 billion. ASGN had a return on equity of 11.42% and a net margin of 3.28%.ASGN’s revenue was down 1.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.43 EPS. ASGN has set its Q4 2025 guidance at 1.120-1.200 EPS. As a group, analysts anticipate that ASGN Incorporated will post 5.15 earnings per share for the current year.

ASGN Company Profile

ASGN Incorporated (NYSE:ASGN) is a leading provider of specialized staffing and professional services, delivering tailored solutions across information technology, digital transformation, engineering and scientific disciplines. Through its diversified portfolio of brands, ASGN connects clients—ranging from life sciences and healthcare firms to technology enterprises and government agencies—with highly skilled consultants, project teams and permanent personnel. The company’s model emphasizes both temporary staffing and long-term consulting engagements to address complex talent and project needs.

ASGN’s service offerings are organized into two main business segments.