Jupiter Topco LLC Acquires Shares of 25,946 The Ensign Group, Inc. $ENSG

Jupiter Topco LLC bought a new position in shares of The Ensign Group, Inc. (NASDAQ:ENSG) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 25,946 shares of the company’s stock, valued at approximately $4,161,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Monetary Solutions Ltd acquired a new position in shares of The Ensign Group in the 4th quarter valued at $30,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of The Ensign Group by 55.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 172 shares of the company’s stock worth $30,000 after purchasing an additional 61 shares during the period. Bayban acquired a new stake in shares of The Ensign Group during the fourth quarter worth $31,000. Cedar Mountain Advisors LLC bought a new stake in The Ensign Group in the first quarter valued at about $32,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in The Ensign Group in the second quarter valued at about $36,000. Institutional investors own 96.12% of the company’s stock.

The Ensign Group Trading Up 0.5%

ENSG opened at $173.20 on Wednesday. The stock has a market capitalization of $10.09 billion, a P/E ratio of 27.15, a P/E/G ratio of 1.66 and a beta of 0.69. The Ensign Group, Inc. has a 12 month low of $141.58 and a 12 month high of $218.00. The firm’s fifty day simple moving average is $174.00 and its 200 day simple moving average is $183.62. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.06.

The Ensign Group (NASDAQ:ENSG) last released its earnings results on Monday, July 27th. The company reported $1.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.80 by $0.12. The Ensign Group had a return on equity of 16.75% and a net margin of 6.90%.The firm had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.44 billion. During the same quarter in the prior year, the company earned $1.59 EPS. The company’s revenue was up 16.7% on a year-over-year basis. The Ensign Group has set its FY 2026 guidance at 7.750-7.850 EPS. As a group, research analysts anticipate that The Ensign Group, Inc. will post 6.93 EPS for the current fiscal year.

The Ensign Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, June 30th were given a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Tuesday, June 30th. The Ensign Group’s dividend payout ratio (DPR) is currently 4.08%.

Insider Transactions at The Ensign Group

In other The Ensign Group news, Director John O. Agwunobi sold 392 shares of the business’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 value of $67,055.52. Following the sale, the director owned 9,503 shares in the company, valued at approximately $1,625,583.18. The trade was a 3.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 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

A number of brokerages have issued reports on ENSG. Truist Financial raised their target price on The Ensign Group from $202.00 to $207.00 and gave the stock a “hold” rating in a report on Thursday, July 30th. Wall Street Zen cut The Ensign Group from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Weiss Ratings downgraded shares of The Ensign Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 16th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $228.00 price objective on shares of The Ensign Group in a research note on Tuesday, July 28th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, The Ensign Group has a consensus rating of “Moderate Buy” and an average target price of $216.25.

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.