Connor Clark & Lunn Investment Management Ltd. Takes Position in Encore Capital Group Inc $ECPG

Key Points

• Connor Clark & Lunn Investment Management acquired 59,652 shares of Encore Capital Group worth approximately $5.6 million, representing about 0.28% of the company. Other institutions, including BlackRock, AQR Capital Management and Arrowstreet Capital, also increased or initiated positions.
• Encore reported quarterly EPS of $2.81, exceeding the $2.67 analyst estimate, while revenue rose 11.3% year over year to $491.87 million. The company maintained fiscal 2026 EPS guidance of $13.00–$14.00.
• Analyst sentiment is broadly positive, with the stock carrying a consensus “Buy” rating and recent price-target increases as high as $115. ECPG opened at $101.98, near its 52-week high of $104.98.

Connor Clark & Lunn Investment Management Ltd. purchased a new position in Encore Capital Group Inc (NASDAQ:ECPG - Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 59,652 shares of the asset manager's stock, valued at approximately $5,565,000. Connor Clark & Lunn Investment Management Ltd. owned about 0.28% of Encore Capital Group at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. bought a new position in Encore Capital Group during the second quarter valued at approximately $343,229,000. AQR Capital Management LLC boosted its stake in shares of Encore Capital Group by 78.0% during the 4th quarter. AQR Capital Management LLC now owns 412,498 shares of the asset manager's stock worth $22,419,000 after acquiring an additional 180,733 shares in the last quarter. Heartland Advisors Inc. raised its position in shares of Encore Capital Group by 0.7% in the first quarter. Heartland Advisors Inc. now owns 388,425 shares of the asset manager's stock valued at $27,236,000 after purchasing an additional 2,595 shares during the period. Barclays PLC lifted its stake in shares of Encore Capital Group by 11.8% in the fourth quarter. Barclays PLC now owns 371,916 shares of the asset manager's stock worth $20,214,000 after buying an additional 39,214 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in shares of Encore Capital Group by 658.2% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 334,018 shares of the asset manager's stock worth $23,421,000 after buying an additional 289,964 shares during the period.

Insider Buying and Selling

In other Encore Capital Group news, insider John Yung sold 2,000 shares of the firm's stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $82.08, for a total transaction of $164,160.00. Following the transaction, the insider owned 64,570 shares in the company, valued at approximately $5,299,905.60. This trade represents a 3.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 3.00% of the company's stock.

Encore Capital Group Trading Up 1.8%

ECPG stock opened at $101.98 on Friday. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 3.87. The business's 50 day moving average is $93.73 and its 200-day moving average is $81.05. Encore Capital Group Inc has a 1-year low of $39.94 and a 1-year high of $104.98. The firm has a market cap of $2.16 billion, a P/E ratio of 7.72 and a beta of 1.27.

Encore Capital Group (NASDAQ:ECPG - Get Free Report) last posted its earnings results on Wednesday, August 5th. The asset manager reported $2.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.67 by $0.14. The company had revenue of $491.87 million during the quarter, compared to analysts' expectations of $455.10 million. Encore Capital Group had a net margin of 15.86% and a return on equity of 29.83%. Encore Capital Group's quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.49 earnings per share. Encore Capital Group has set its FY 2026 guidance at 13.000-14.000 EPS. Equities analysts anticipate that Encore Capital Group Inc will post 13.52 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on ECPG shares. Weiss Ratings upgraded shares of Encore Capital Group from a "hold (c)" rating to a "buy (b-)" rating in a report on Monday, August 3rd. Zacks Research upgraded shares of Encore Capital Group from a "hold" rating to a "strong-buy" rating in a report on Friday, August 7th. Truist Financial raised their price target on Encore Capital Group from $105.00 to $112.00 and gave the company a "buy" rating in a research report on Thursday, August 6th. Citizens Jmp increased their price objective on Encore Capital Group from $108.00 to $115.00 and gave the company a "market outperform" rating in a research report on Wednesday, June 17th. Finally, Citigroup restated a "market outperform" rating on shares of Encore Capital Group in a research note on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $89.75.

Encore Capital Group Company Profile

Encore Capital Group, Inc is a global specialty finance company that focuses on the purchase and management of nonperforming consumer receivables. Through its subsidiaries, the company acquires charged-off debt portfolios from credit card issuers, banks, and other financial institutions, and seeks to recover outstanding balances through a combination of customer outreach, payment arrangements, and, where appropriate, legal collection efforts. Encore's business model emphasizes compliance with regulatory and industry standards to ensure ethical and transparent debt-recovery practices.

Headquartered in San Diego, California, Encore operates across North America and Europe.

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