Jupiter Topco LLC Invests $4.16 Million in The Ensign Group, Inc. $ENSG

Jupiter Topco LLC acquired a new stake in The Ensign Group, Inc. (NASDAQ:ENSG) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 25,946 shares of the company’s stock, valued at approximately $4,161,000.

A number of other hedge funds and other institutional investors have also modified their holdings of ENSG. Cedar Mountain Advisors LLC bought a new stake in The Ensign Group during the first quarter worth about $32,000. Monetary Solutions Ltd bought a new position in The Ensign Group in the fourth quarter valued at approximately $30,000. Northwestern Mutual Wealth Management Co. increased its position in shares of The Ensign Group by 55.0% during the 4th 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 last quarter. Bayban acquired a new position in shares of The Ensign Group during the 4th quarter worth approximately $31,000. Finally, Larson Financial Group LLC raised its stake in shares of 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 purchasing an additional 90 shares in the last quarter. Institutional investors and hedge funds own 96.12% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on ENSG. Weiss Ratings downgraded The Ensign Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, June 16th. Truist Financial boosted their target price 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. Wall Street Zen lowered shares of The Ensign Group from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $228.00 price target on shares of The Ensign Group in a research note on Tuesday, July 28th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, The Ensign Group currently has an average rating of “Moderate Buy” and a consensus target price of $216.25.

Insider Buying and Selling

In other The Ensign Group news, Director John O. Agwunobi sold 392 shares of the firm’s stock in a transaction on Monday, July 20th. The stock was sold at an average price of $171.06, for a total transaction of $67,055.52. Following the transaction, the director owned 9,503 shares in the company, valued at $1,625,583.18. This trade represents a 3.96% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 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 Price Performance

NASDAQ:ENSG opened at $173.20 on Wednesday. The Ensign Group, Inc. has a 52 week low of $141.58 and a 52 week high of $218.00. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.21 and a current ratio of 1.21. The firm’s 50-day simple moving average is $174.00 and its 200 day simple moving average is $183.62. The firm has a market cap of $10.09 billion, a price-to-earnings ratio of 27.15, a P/E/G ratio of 1.66 and a beta of 0.69.

The Ensign Group (NASDAQ:ENSG) last announced 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 net margin of 6.90% and a return on equity of 16.75%. The firm had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.44 billion. During the same quarter in the prior year, the business posted $1.59 EPS. 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. As a group, sell-side analysts predict that The Ensign Group, Inc. will post 6.93 earnings per share for the current year.

The Ensign Group Announces Dividend

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

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.