Encore Capital Group Inc $ECPG Shares Sold by Wellington Management Group LLP

Key Points

• Wellington Management reduced its Encore Capital Group stake by 28.3% in the second quarter, selling 168,305 shares and retaining 426,069 shares valued at approximately $39.7 million.
• Encore reported quarterly earnings of $2.81 per share, topping estimates of $2.67, while revenue rose 11.3% year over year to $491.87 million. The company issued fiscal 2026 EPS guidance of $13.00 to $14.00.
• Analyst sentiment remains broadly positive: Encore has a consensus “Buy” rating, with recent price-target increases to as high as $115, despite an insider sale of 2,000 shares.

Wellington Management Group LLP cut its holdings in shares of Encore Capital Group Inc (NASDAQ:ECPG - Free Report) by 28.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 426,069 shares of the asset manager's stock after selling 168,305 shares during the quarter. Wellington Management Group LLP owned about 2.01% of Encore Capital Group worth $39,748,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in ECPG. IFP Advisors Inc increased its stake in shares of Encore Capital Group by 1,729.6% during the 4th quarter. IFP Advisors Inc now owns 494 shares of the asset manager's stock valued at $27,000 after acquiring an additional 467 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Encore Capital Group by 185.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 717 shares of the asset manager's stock worth $39,000 after acquiring an additional 466 shares during the period. USA Financial Formulas acquired a new stake in shares of Encore Capital Group in the first quarter worth approximately $46,000. Allworth Financial LP boosted its position in shares of Encore Capital Group by 29.1% in the fourth quarter. Allworth Financial LP now owns 1,139 shares of the asset manager's stock worth $62,000 after acquiring an additional 257 shares during the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new stake in Encore Capital Group in the second quarter valued at approximately $89,000.

Encore Capital Group Stock Up 0.4%

ECPG opened at $97.30 on Friday. Encore Capital Group Inc has a 1 year low of $39.94 and a 1 year high of $104.98. The firm has a 50 day moving average price of $94.97 and a 200 day moving average price of $82.52. The company has a debt-to-equity ratio of 3.87, a quick ratio of 0.96 and a current ratio of 0.96. The company has a market cap of $2.06 billion, a PE ratio of 7.37 and a beta of 1.27.

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

Insider Activity at Encore Capital Group

In related news, insider John Yung sold 2,000 shares of Encore Capital Group stock in a transaction on Wednesday, June 10th. The shares were 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. The trade was a 3.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 3.00% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Truist Financial upped their price target on shares of Encore Capital Group from $105.00 to $112.00 and gave the stock a "buy" rating in a research report on Thursday, August 6th. Weiss Ratings raised shares of Encore Capital Group from a "hold (c)" rating to a "buy (b-)" rating in a research note on Monday, August 3rd. Zacks Research upgraded Encore Capital Group from a "hold" rating to a "strong-buy" rating in a report on Friday, August 7th. Citizens Jmp increased their target price on Encore Capital Group from $108.00 to $115.00 and gave the stock a "market outperform" rating in a research report on Wednesday, June 17th. Finally, Wall Street Zen cut Encore Capital Group from a "strong-buy" rating to a "hold" rating in a report on Saturday, May 9th. One analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company. According to MarketBeat, Encore Capital Group presently has a consensus rating of "Buy" and an average price target of $89.75.

Encore Capital Group 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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