Corient Private Wealth LP Makes New $1.70 Million Investment in The Ensign Group, Inc. $ENSG

Corient Private Wealth LP bought a new stake in shares of The Ensign Group, Inc. (NASDAQ:ENSG) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 10,610 shares of the company’s stock, valued at approximately $1,701,000.

Other hedge funds also recently modified their holdings of the company. Cedar Mountain Advisors LLC acquired a new stake in shares of The Ensign Group in the first quarter worth $32,000. Monetary Solutions Ltd acquired a new position in The Ensign Group during the fourth quarter valued at $30,000. Northwestern Mutual Wealth Management Co. raised its position in The Ensign Group by 55.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 172 shares of the company’s stock valued at $30,000 after buying an additional 61 shares during the period. Bayban purchased a new stake in The Ensign Group in the 4th quarter worth about $31,000. Finally, Larson Financial Group LLC boosted its position in The Ensign Group by 76.9% during the 3rd quarter. Larson Financial Group LLC now owns 207 shares of the company’s stock worth $36,000 after acquiring an additional 90 shares during the period. Hedge funds and other institutional investors own 96.12% of the company’s stock.

Insiders Place Their Bets

In other The Ensign Group news, Director John Agwunobi sold 392 shares of the business’s stock in a transaction dated Monday, July 20th. The stock was sold at an average price of $171.06, for a total value of $67,055.52. Following the completion of the sale, the director owned 9,503 shares of the company’s stock, valued at $1,625,583.18. The trade was a 3.96% decrease in their ownership of the stock. The sale 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. 4.00% of the stock is currently owned by company insiders.

The Ensign Group Stock Performance

ENSG stock opened at $172.09 on Friday. The firm has a 50 day moving average of $174.30 and a two-hundred day moving average of $183.03. The Ensign Group, Inc. has a 12 month low of $141.58 and a 12 month high of $218.00. The company has a market capitalization of $10.03 billion, a price-to-earnings ratio of 26.97, a P/E/G ratio of 1.66 and a beta of 0.69. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.06.

The Ensign Group (NASDAQ:ENSG) last released 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 net margin of 6.90% and a return on equity of 16.75%. The business had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter last year, the firm earned $1.59 EPS. The Ensign Group’s revenue for the quarter 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, equities analysts anticipate that The Ensign Group, Inc. will post 6.93 EPS for the current fiscal year.

The Ensign Group Announces Dividend

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

Wall Street Analysts Forecast Growth

Several research firms have weighed in on ENSG. Wall Street Zen cut The Ensign Group from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Royal Bank Of Canada reissued an “outperform” rating and issued a $228.00 price target on shares of The Ensign Group in a research report on Tuesday, July 28th. Truist Financial raised their price target on shares of The Ensign Group from $202.00 to $207.00 and gave the stock a “hold” rating in a report on Thursday, July 30th. Finally, 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. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $216.25.

The Ensign Group Company 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.