SG Americas Securities LLC Trims Stake in ASGN Incorporated $ASGN

SG Americas Securities LLC cut its position in shares of ASGN Incorporated (NYSE:ASGN) by 44.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 40,483 shares of the business services provider’s stock after selling 32,741 shares during the period. SG Americas Securities LLC owned about 0.09% of ASGN worth $1,950,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in ASGN. New South Capital Management Inc. increased its stake in shares of ASGN by 46.0% during the third quarter. New South Capital Management Inc. now owns 456,116 shares of the business services provider’s stock valued at $21,597,000 after buying an additional 143,696 shares during the period. Tudor Investment Corp ET AL purchased a new stake in ASGN in the third quarter worth about $8,030,000. Congress Asset Management Co. purchased a new stake in ASGN in the third quarter worth about $4,065,000. Reinhart Partners LLC. grew its holdings in ASGN by 5.2% during the 3rd quarter. Reinhart Partners LLC. now owns 1,072,427 shares of the business services provider’s stock worth $50,780,000 after acquiring an additional 53,021 shares in the last quarter. Finally, SummerHaven Investment Management LLC bought a new position in ASGN during the 3rd quarter worth about $797,000. 95.36% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on ASGN shares. BMO Capital Markets restated an “outperform” rating and issued a $65.00 price target on shares of ASGN in a report on Friday, February 6th. Wall Street Zen downgraded shares of ASGN from a “buy” rating to a “hold” rating in a research note on Sunday, March 22nd. Robert W. Baird set a $62.00 price objective on shares of ASGN in a report on Thursday, February 5th. Wells Fargo & Company upped their target price on ASGN from $49.00 to $54.00 and gave the stock an “equal weight” rating in a report on Thursday, February 5th. Finally, Truist Financial increased their target price on ASGN from $50.00 to $60.00 and gave the company a “buy” rating in a research report on Tuesday, January 27th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of $54.71.

ASGN Stock Down 0.1%

Shares of ASGN stock opened at $39.03 on Monday. ASGN Incorporated has a fifty-two week low of $34.59 and a fifty-two week high of $62.76. The firm has a market capitalization of $1.61 billion, a PE ratio of 14.95 and a beta of 0.89. The company has a debt-to-equity ratio of 0.65, a quick ratio of 2.16 and a current ratio of 2.16. The stock’s 50-day simple moving average is $42.67 and its 200-day simple moving average is $45.47.

ASGN (NYSE:ASGN) last released its earnings results on Wednesday, February 4th. The business services provider reported $1.15 EPS for the quarter, missing analysts’ consensus estimates of $1.18 by ($0.03). ASGN had a return on equity of 10.94% and a net margin of 2.85%.The firm had revenue of $980.10 million for the quarter, compared to analyst estimates of $979.05 million. During the same period last year, the firm earned $1.28 EPS. The company’s revenue for the quarter was down .5% compared to the same quarter last year. ASGN has set its Q1 2026 guidance at 0.930-1.020 EPS. Equities analysts expect that ASGN Incorporated will post 5.15 earnings per share for the current year.

ASGN 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.