The Ensign Group, Inc. $ENSG Position Increased by California State Teachers Retirement System

California State Teachers Retirement System lifted its holdings in The Ensign Group, Inc. (NASDAQ:ENSG - Free Report) by 15,582.5% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 10,563,449 shares of the company's stock after buying an additional 10,496,091 shares during the quarter. California State Teachers Retirement System owned approximately 18.13% of The Ensign Group worth $1,693,321,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the business. Cedar Mountain Advisors LLC bought a new stake in shares of The Ensign Group in the 1st quarter worth approximately $32,000. Transamerica Financial Advisors LLC bought a new position in The Ensign Group in the 2nd quarter worth about $26,000. Monetary Solutions Ltd acquired a new stake in shares of The Ensign Group in the fourth quarter valued at approximately $30,000. Northwestern Mutual Wealth Management Co. grew its holdings in The Ensign Group by 55.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 172 shares of the company's stock worth $30,000 after buying an additional 61 shares in the last quarter. Finally, Bayban acquired a new stake in The Ensign Group in the 4th quarter valued at approximately $31,000. Institutional investors own 96.12% of the company's stock.

Wall Street Analyst Weigh In

ENSG has been the topic of a number of research analyst reports. Wall Street Zen lowered The Ensign Group from a "buy" rating to a "hold" rating in a report on Saturday, July 25th. Weiss Ratings cut shares of The Ensign Group from a "buy (b)" rating to a "buy (b-)" rating in a research note on Tuesday, June 16th. Royal Bank Of Canada reiterated an "outperform" rating and issued a $228.00 target price on shares of The Ensign Group in a report on Tuesday, July 28th. Finally, Truist Financial increased their price objective on The Ensign Group from $202.00 to $207.00 and gave the company a "hold" rating in a research report on Thursday, July 30th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $216.25.

The Ensign Group Trading Up 0.7%

NASDAQ:ENSG opened at $173.98 on Friday. 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 company has a market capitalization of $10.14 billion, a P/E ratio of 27.27, a P/E/G ratio of 1.64 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 stock's 50 day moving average price is $175.25 and its 200 day moving average price is $181.61.

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

The Ensign Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, June 30th were paid a $0.065 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $0.26 dividend on an annualized basis and a yield of 0.1%. The Ensign Group's dividend payout ratio (DPR) is presently 4.08%.

Insider Buying and Selling

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

The Ensign Group Company Profile

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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