Reinhart Partners LLC. Purchases 134,513 Shares of ASGN Incorporated $EFOR

Reinhart Partners LLC. raised its position in shares of ASGN Incorporated (NYSE:EFOR) by 12.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,206,940 shares of the company’s stock after purchasing an additional 134,513 shares during the period. ASGN comprises 1.7% of Reinhart Partners LLC.’s portfolio, making the stock its 28th biggest position. Reinhart Partners LLC.’s holdings in ASGN were worth $58,139,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. New South Capital Management Inc. raised its position in ASGN by 46.0% during the 3rd quarter. New South Capital Management Inc. now owns 456,116 shares of the company’s stock valued at $21,597,000 after purchasing an additional 143,696 shares in the last quarter. Tudor Investment Corp ET AL bought a new stake in ASGN during the 3rd quarter valued at $8,030,000. Congress Asset Management Co. raised its position in ASGN by 3.6% during the 4th quarter. Congress Asset Management Co. now owns 88,901 shares of the company’s stock valued at $4,282,000 after purchasing an additional 3,048 shares in the last quarter. Russell Investments Group Ltd. raised its position in ASGN by 96.9% during the 3rd quarter. Russell Investments Group Ltd. now owns 30,497 shares of the company’s stock valued at $1,444,000 after purchasing an additional 15,011 shares in the last quarter. Finally, Horizon Investments LLC bought a new stake in ASGN during the 3rd quarter valued at $515,000. 95.36% of the stock is owned by institutional investors.

Insider Activity at ASGN

In other ASGN news, EVP Marie Perry bought 5,350 shares of ASGN stock in a transaction that occurred on Friday, April 24th. The shares were bought at an average cost of $18.70 per share, with a total value of $100,045.00. Following the transaction, the executive vice president directly owned 58,328 shares of the company’s stock, valued at approximately $1,090,733.60. This represents a 10.10% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Theodore S. Hanson bought 51,965 shares of ASGN stock in a transaction that occurred on Friday, April 24th. The shares were acquired at an average cost of $19.24 per share, for a total transaction of $999,806.60. Following the completion of the transaction, the chief executive officer directly owned 376,843 shares in the company, valued at $7,250,459.32. This represents a 16.00% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired a total of 91,375 shares of company stock worth $1,770,367 over the last ninety days. Corporate insiders own 14.30% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on EFOR. Wells Fargo & Company decreased their target price on ASGN from $54.00 to $33.00 and set an “equal weight” rating for the company in a research report on Thursday, April 23rd. UBS Group reduced their price target on ASGN from $35.00 to $17.00 and set a “sell” rating for the company in a research report on Friday, May 22nd. Weiss Ratings lowered ASGN from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, May 6th. Wall Street Zen lowered ASGN from a “buy” rating to a “hold” rating in a research report on Sunday, March 22nd. Finally, Jefferies Financial Group raised ASGN from an “underperform” rating to a “hold” rating and reduced their price target for the stock from $28.00 to $22.00 in a research report on Friday, May 29th. Five investment analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, ASGN presently has a consensus rating of “Reduce” and a consensus target price of $29.33.

ASGN Price Performance

EFOR opened at $23.31 on Wednesday. The firm has a market capitalization of $958.04 million, a PE ratio of 10.31 and a beta of 0.49. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.10 and a quick ratio of 2.10. ASGN Incorporated has a 12 month low of $16.90 and a 12 month high of $60.75.

ASGN (NYSE:EFOR) last released its quarterly earnings results on Wednesday, April 22nd. The company reported $0.69 EPS for the quarter, missing the consensus estimate of $0.97 by ($0.28). The company had revenue of $968.30 million during the quarter. ASGN had a return on equity of 10.30% and a net margin of 2.46%.The company’s quarterly revenue was up .0% on a year-over-year basis. During the same period last year, the firm posted $0.92 earnings per share. ASGN has set its Q2 2026 guidance at 0.720-0.900 EPS. Analysts expect that ASGN Incorporated will post 3.39 earnings per share for the current year.

ASGN Company Profile

ASGN is a provider of professional services that connects skilled talent with organizations seeking technology, digital, creative and engineering expertise. The firm focuses on staffing and workforce solutions, delivering contract and permanent placement services as well as project-based consulting and managed services to support clients’ technical and operational needs.

Its offerings commonly include IT consulting, digital transformation support, application development and maintenance, data and analytics, cybersecurity, cloud services and engineering resources.