Strong Results Lifted Ensign Group (ENSG) in Q1

Strong Results Lifted Ensign Group (ENSG) in Q1 Soumya Eswaran Wed, June 3, 2026 at 9:32 PM GMT+7 3 min read ENSG CL=F The Wasatch Long/Short Alpha Fund, managed by Wasatch Global Advisors, has recently published its Q1 2026 investor letter, which is available to download here. A shift in investor sentiment led to a market correction and increased volatility in U.S. small- and mid-cap stocks during the first quarter. Despite this, enthusiasm for AI continued to support companies involved in infrastructure development. The situation intensified in the quarter due to the conflict in Iran, causing investors to consider the potential for rising oil prices and their wider implications on the global economy. In this context, the Russell 2500 Index returned 2.04% in the quarter, while the Wasatch Long/Short Alpha Fund—Investor Class surpassed this performance with a rise of 4.16%, supported by the outperformance of its short positions. In addition, please check the firm’s top five holdings to know its best picks in 2026.

In its first-quarter 2026 investor letter, Wasatch Long/Short Alpha Fund highlighted stocks like The Ensign Group, Inc. (NASDAQ:ENSG). The Ensign Group, Inc. (NASDAQ:ENSG) is a healthcare services company that provides skilled nursing, senior living, and rehabilitative services. On June 2, 2026, The Ensign Group, Inc. (NASDAQ:ENSG) closed at $165.70 per share. One-month return of The Ensign Group, Inc. (NASDAQ:ENSG) was -9.68%, and its shares gained 9.44% over the past 52 weeks. The Ensign Group, Inc. (NASDAQ:ENSG) has a market capitalization of $9.68 billion.

Wasatch Long/Short Alpha Fund stated the following regarding The Ensign Group, Inc. (NASDAQ:ENSG) in its Q1 2026 investor letter: