Bank of America Corp DE Buys Shares of 233,992 The Ensign Group, Inc. $ENSG

Key Points

• Bank of America acquired 233,992 shares of The Ensign Group in the second quarter, valued at approximately $37.5 million and representing about 0.40% of the company. Institutional investors collectively own 96.12% of ENSG.
• The Ensign Group reported quarterly EPS of $1.92, beating the $1.80 consensus estimate, while revenue rose 16.7% year over year to $1.44 billion. The company issued fiscal 2026 EPS guidance of $7.75–$7.85.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $216.25, compared with the stock’s recent price of $174.47. The company also announced a quarterly dividend of $0.065 per share.

Bank of America Corp DE acquired a new stake in The Ensign Group, Inc. (NASDAQ:ENSG - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 233,992 shares of the company's stock, valued at approximately $37,509,000. Bank of America Corp DE owned about 0.40% of The Ensign Group at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. BlackRock Inc. purchased a new stake in The Ensign Group during the second quarter worth approximately $937,218,000. Norges Bank purchased a new position in The Ensign Group in the 4th quarter worth approximately $134,660,000. Bank of New York Mellon Corp acquired a new stake in The Ensign Group in the second quarter valued at approximately $65,470,000. Paradigm Capital Management Inc. NY purchased a new stake in The Ensign Group during the 2nd quarter worth $54,742,000. Finally, Wasatch Advisors LP lifted its stake in shares of The Ensign Group by 10.7% in the second quarter. Wasatch Advisors LP now owns 2,278,324 shares of the company's stock worth $365,215,000 after acquiring an additional 220,329 shares in the last quarter. 96.12% of the stock is currently owned by hedge funds and other institutional investors.

The Ensign Group Stock Up 0.3%

The Ensign Group stock opened at $174.47 on Tuesday. The company's 50-day moving average price is $175.96 and its two-hundred day moving average price is $179.74. 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 stock has a market cap of $10.17 billion, a price-to-earnings ratio of 27.35, a PEG ratio of 1.65 and a beta of 0.69. The Ensign Group, Inc. has a 52 week low of $141.58 and a 52 week high of $218.00.

The Ensign Group (NASDAQ:ENSG - Get Free Report) last announced its earnings results on Monday, July 27th. The company reported $1.92 EPS for the quarter, topping the consensus estimate of $1.80 by $0.12. The firm had revenue of $1.44 billion for the quarter, compared to analysts' expectations of $1.44 billion. The Ensign Group had a return on equity of 16.75% and a net margin of 6.90%.The firm's quarterly revenue was up 16.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.59 earnings per share. The Ensign Group has set its FY 2026 guidance at 7.750-7.850 EPS. On average, analysts expect that The Ensign Group, Inc. will post 7.04 EPS for the current fiscal year.

The Ensign Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Saturday, October 31st. Shareholders of record on Wednesday, September 30th will be paid a dividend of $0.065 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.1%. The Ensign Group's dividend payout ratio (DPR) is 4.08%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Royal Bank Of Canada restated an "outperform" rating and set a $228.00 price objective on shares of The Ensign Group in a research note on Tuesday, July 28th. Truist Financial lifted their target price on The Ensign Group from $202.00 to $207.00 and gave the stock a "hold" rating in a research report on Thursday, July 30th. Weiss Ratings reissued a "buy (b-)" rating on shares of The Ensign Group in a research report on Friday, September 11th. Finally, Wall Street Zen cut The Ensign Group from a "buy" rating to a "hold" rating in a research note on Saturday, July 25th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $216.25.

Insider Activity at The Ensign Group

In other news, Director John Agwunobi sold 392 shares of the business's stock in a transaction on Monday, July 20th. The shares were sold at an average price of $171.06, for a total transaction 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 position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.00% of the stock is currently owned by corporate insiders.

About The Ensign Group

The Ensign Group, Inc NASDAQ: ENSG is a healthcare services company that provides post-acute and senior care through a network of independently operated subsidiaries. Its businesses primarily focus on skilled nursing, rehabilitation and transitional care for patients recovering from illness, injury or surgery, as well as long-term care for seniors and individuals with complex medical needs.

The company also operates or supports assisted living, independent living, memory care, home health and hospice services in selected markets.

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