Envestnet Asset Management Inc. Sells 16,303 Shares of The Ensign Group, Inc. $ENSG

Envestnet Asset Management Inc. trimmed its holdings in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 4.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 330,920 shares of the company’s stock after selling 16,303 shares during the quarter. Envestnet Asset Management Inc. owned 0.57% of The Ensign Group worth $57,173,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of ENSG. CWM LLC increased its holdings in The Ensign Group by 8.4% in the third quarter. CWM LLC now owns 732 shares of the company’s stock valued at $126,000 after purchasing an additional 57 shares during the period. UMB Bank n.a. grew its position in shares of The Ensign Group by 7.3% in the 3rd quarter. UMB Bank n.a. now owns 911 shares of the company’s stock valued at $157,000 after buying an additional 62 shares during the last quarter. First Horizon Advisors Inc. increased its stake in shares of The Ensign Group by 6.4% in the second quarter. First Horizon Advisors Inc. now owns 1,193 shares of the company’s stock valued at $184,000 after buying an additional 72 shares during the period. HB Wealth Management LLC raised its position in shares of The Ensign Group by 4.1% during the third quarter. HB Wealth Management LLC now owns 1,810 shares of the company’s stock worth $313,000 after acquiring an additional 72 shares during the last quarter. Finally, Campbell Newman Asset Management Inc. lifted its stake in shares of The Ensign Group by 0.4% in the third quarter. Campbell Newman Asset Management Inc. now owns 19,480 shares of the company’s stock worth $3,366,000 after acquiring an additional 79 shares during the period. Institutional investors own 96.12% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on ENSG shares. Royal Bank Of Canada reissued an “outperform” rating and set a $222.00 target price (up previously from $206.00) on shares of The Ensign Group in a research report on Monday. Stephens increased their price objective on shares of The Ensign Group from $185.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 5th. UBS Group set a $230.00 target price on shares of The Ensign Group and gave the company a “buy” rating in a report on Friday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of The Ensign Group in a research report on Thursday, January 22nd. Finally, Wall Street Zen raised The Ensign Group from a “hold” rating to a “buy” rating in a research report on Saturday. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $204.60.

The Ensign Group Price Performance

ENSG stock opened at $199.29 on Tuesday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.42 and a quick ratio of 1.42. The company’s 50-day moving average is $177.68 and its 200-day moving average is $174.63. The stock has a market capitalization of $11.54 billion, a PE ratio of 34.13, a price-to-earnings-growth ratio of 2.05 and a beta of 0.88. The Ensign Group, Inc. has a 1 year low of $118.73 and a 1 year high of $202.78.

The Ensign Group (NASDAQ:ENSG) last issued its earnings results on Wednesday, February 4th. The company reported $1.82 EPS for the quarter, beating analysts’ consensus estimates of $1.75 by $0.07. The business had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.37 billion. The Ensign Group had a return on equity of 16.76% and a net margin of 6.80%.The firm’s revenue was up 20.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.49 EPS. The Ensign Group has set its FY 2026 guidance at 7.410-7.610 EPS. Equities research analysts expect that The Ensign Group, Inc. will post 5.59 EPS for the current fiscal year.

The Ensign Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Saturday, January 31st. Shareholders of record on Wednesday, December 31st were paid a dividend of $0.065 per share. This is a boost from The Ensign Group’s previous quarterly dividend of $0.06. The ex-dividend date was Wednesday, December 31st. This represents a $0.26 dividend on an annualized basis and a yield of 0.1%. The Ensign Group’s dividend payout ratio (DPR) is presently 4.45%.

Insider Activity

In related news, COO Spencer Burton sold 5,899 shares of the company’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $177.30, for a total value of $1,045,892.70. Following the sale, the chief operating officer owned 51,165 shares in the company, valued at $9,071,554.50. This represents a 10.34% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Beverly B. Wittekind sold 8,400 shares of The Ensign Group stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $175.48, for a total value of $1,474,032.00. Following the transaction, the vice president owned 32,779 shares of the company’s stock, valued at $5,752,058.92. This trade represents a 20.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 63,246 shares of company stock valued at $11,536,394. 3.90% of the stock is currently owned by insiders.

About The Ensign Group

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.