Entropy Technologies LP Takes $1.79 Million Position in The Ensign Group, Inc. $ENSG

Entropy Technologies LP bought a new stake in The Ensign Group, Inc. (NASDAQ:ENSG) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 10,287 shares of the company’s stock, valued at approximately $1,792,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ENSG. Private Trust Co. NA boosted its holdings in The Ensign Group by 156.5% in the fourth quarter. Private Trust Co. NA now owns 159 shares of the company’s stock worth $28,000 after acquiring an additional 97 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings 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 valued at $30,000 after acquiring an additional 61 shares in the last quarter. Harbor Investment Advisory LLC increased its holdings in shares of The Ensign Group by 125.6% during the fourth quarter. Harbor Investment Advisory LLC now owns 194 shares of the company’s stock valued at $34,000 after acquiring an additional 108 shares in the last quarter. Larson Financial Group LLC raised its position in shares of The Ensign Group by 76.9% during the third quarter. Larson Financial Group LLC now owns 207 shares of the company’s stock worth $36,000 after purchasing an additional 90 shares during the period. Finally, Caitlin John LLC bought a new position in shares of The Ensign Group in the 3rd quarter worth $39,000. 96.12% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director John O. Agwunobi sold 392 shares of The Ensign Group stock in a transaction on Monday, April 20th. The stock was sold at an average price of $199.97, for a total transaction of $78,388.24. Following the sale, the director directly owned 9,295 shares in the company, valued at approximately $1,858,721.15. This trade represents a 4.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 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 on Tuesday, June 2nd. The stock was sold at an average price of $164.28, for a total value of $114,996.00. Following the completion of the transaction, the director directly owned 21,352 shares in the company, valued at approximately $3,507,706.56. This represents a 3.17% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 2,592 shares of company stock valued at $478,246 over the last ninety days. 4.00% of the stock is currently owned by company insiders.

The Ensign Group Stock Performance

Shares of ENSG stock opened at $150.71 on Tuesday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.56 and a quick ratio of 1.56. The firm has a 50-day moving average of $179.00 and a 200-day moving average of $186.48. The Ensign Group, Inc. has a one year low of $134.79 and a one year high of $218.00. The company has a market cap of $8.81 billion, a P/E ratio of 24.55, a P/E/G ratio of 1.46 and a beta of 0.68.

The Ensign Group (NASDAQ:ENSG) last released its quarterly earnings results on Thursday, April 30th. The company reported $1.85 earnings per share for the quarter, topping the consensus estimate of $1.79 by $0.06. The Ensign Group had a net margin of 6.89% and a return on equity of 16.78%. The business had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.40 billion. During the same period in the previous year, the company earned $1.52 earnings per share. The firm’s revenue for the quarter was up 18.4% compared to the same quarter last year. The Ensign Group has set its FY 2026 guidance at 7.480-7.620 EPS. Equities research analysts forecast that The Ensign Group, Inc. will post 6.82 EPS for the current fiscal year.

The Ensign Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Tuesday, March 31st were given a dividend of $0.065 per share. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Tuesday, March 31st. The Ensign Group’s dividend payout ratio (DPR) is presently 4.23%.

Wall Street Analyst Weigh In

A number of analysts have commented on ENSG shares. Zacks Research lowered shares of The Ensign Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Weiss Ratings reiterated a “buy (b)” rating on shares of The Ensign Group in a report on Tuesday, April 21st. Royal Bank Of Canada reissued an “outperform” rating on shares of The Ensign Group in a research report on Tuesday, June 9th. Finally, Wall Street Zen upgraded shares of The Ensign Group from a “hold” rating to a “buy” rating in a report on Sunday. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $216.75.

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.