53,769 Shares in The Ensign Group, Inc. $ENSG Bought by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. 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 Form 13F filing with the SEC. The fund bought 53,769 shares of the company’s stock, valued at approximately $8,619,000. Oppenheimer Asset Management Inc. owned about 0.09% of The Ensign Group at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Wasatch Advisors LP grew its position in shares of The Ensign Group by 6.0% in the second quarter. Wasatch Advisors LP now owns 3,558,675 shares of the company’s stock valued at $548,961,000 after purchasing an additional 199,983 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of The Ensign Group by 3.4% during the 4th quarter. Geode Capital Management LLC now owns 1,498,673 shares of the company’s stock worth $261,107,000 after purchasing an additional 49,117 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in The Ensign Group by 9.7% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,332,505 shares of the company’s stock valued at $232,124,000 after purchasing an additional 118,110 shares during the period. Dimensional Fund Advisors LP boosted its stake in The Ensign Group by 0.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,090,838 shares of the company’s stock valued at $190,033,000 after purchasing an additional 5,458 shares during the period. Finally, Norges Bank bought a new stake in The Ensign Group during the 4th quarter valued at approximately $134,660,000. 96.12% of the stock is currently owned by institutional investors.

Insider Activity

In other The Ensign Group news, Director John O. Agwunobi sold 392 shares of the business’s stock in a transaction dated Monday, July 20th. The shares were sold at an average price of $171.06, for a total value of $67,055.52. Following the transaction, the director directly owned 9,503 shares in the company, valued at $1,625,583.18. The trade was a 3.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Barry M. Smith sold 700 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $164.28, for a total transaction of $114,996.00. Following the completion of the transaction, the director owned 21,352 shares in the company, valued at approximately $3,507,706.56. This trade represents a 3.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.00% of the stock is currently owned by corporate insiders.

The Ensign Group Price Performance

The Ensign Group stock opened at $181.65 on Friday. The business has a 50 day simple moving average of $168.19 and a 200 day simple moving average of $184.13. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.21 and a quick ratio of 1.21. The company has a market capitalization of $10.59 billion, a PE ratio of 28.47, a price-to-earnings-growth ratio of 1.75 and a beta of 0.68. The Ensign Group, Inc. has a one year low of $141.58 and a one year high of $218.00.

The Ensign Group (NASDAQ:ENSG) last announced its quarterly earnings results on Monday, July 27th. The company reported $1.92 earnings per share for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $1.44 billion. During the same period in the prior year, the business posted $1.59 earnings per share. The business’s revenue was up 16.7% compared to the same quarter last year. The Ensign Group has set its FY 2026 guidance at 7.750-7.850 EPS. On average, sell-side analysts forecast that The Ensign Group, Inc. will post 6.93 EPS for the current fiscal year.

The Ensign Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th were issued a $0.065 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.26 annualized dividend and a dividend yield of 0.1%. The Ensign Group’s dividend payout ratio is presently 4.08%.

Wall Street Analyst Weigh In

Several brokerages have commented on ENSG. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $228.00 price target on shares of The Ensign Group in a research report on Tuesday, July 28th. Wall Street Zen cut The Ensign Group from a “buy” rating to a “hold” rating in a research report 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 note on Tuesday, June 16th. Finally, Truist Financial raised their price objective on shares of The Ensign Group from $202.00 to $207.00 and gave the stock a “hold” rating in a research note on Thursday, July 30th. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, The Ensign Group currently has a consensus rating of “Moderate Buy” and an average price target of $216.25.

The Ensign Group Profile

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.