Vanguard Discloses 13.06% Stake in Encompass Health

TL;DR

**Vanguard still owns a big chunk of Encompass Health, showing continued institutional backing.**

AI Summary

The Vanguard Group, a major investment firm, filed an amendment to its SC 13G filing on February 12, 2024, disclosing its ownership in Encompass Health Corp. As of December 29, 2023, Vanguard beneficially owned 13,016,846 shares of Encompass Health's Common Stock, representing 13.06% of the company. This is an update to their previous holdings and indicates Vanguard remains a significant institutional investor, which can signal confidence in the company's long-term prospects for current and potential shareholders.

Why It Matters

Vanguard's continued significant ownership in Encompass Health Corp. suggests institutional confidence, which can be a positive signal for investors considering the stock.

Risk Assessment

Risk Level: low — This filing indicates a stable, significant institutional ownership, which generally reduces volatility and risk.

Analyst Insight

Investors should note Vanguard's continued substantial holding in Encompass Health Corp., which indicates a stable institutional presence and may be a factor in long-term investment decisions.

Key Numbers

• 13,016,846 — Shares Owned (The total number of Common Stock shares of Encompass Health Corp. beneficially owned by The Vanguard Group as of December 29, 2023.)
• 13.06% — Ownership Percentage (The percentage of Encompass Health Corp.'s Common Stock owned by The Vanguard Group, indicating a significant institutional stake.)
• 20240212 — Filing Date (The date this SC 13G/A amendment was filed, providing the latest public disclosure of Vanguard's holdings.)
• 29261A100 — CUSIP Number (The unique identification number for Encompass Health Corp.'s Common Stock, ensuring accurate security identification.)

Key Players & Entities

• The Vanguard Group (company) — reporting person and major shareholder
• Encompass Health Corp (company) — issuer of the securities
• 13,016,846 (dollar_amount) — number of shares beneficially owned by Vanguard
• 13.06% (dollar_amount) — percentage of class beneficially owned by Vanguard
• December 29, 2023 (date) — date of event requiring the filing

Forward-Looking Statements

• Vanguard will maintain a significant stake in Encompass Health Corp. throughout 2024. (The Vanguard Group) — high confidence, target: 2024-12-31

FAQ

Filing Documents

• tv0005-encompasshealthcorp.htm (SC 13G/A) — 11KB
• 0001104659-24-013910.txt ( ) — 13KB

(a) - Name of Issuer

Item 1(a) - Name of Issuer: Encompass Health Corp

(b) - Address of Issuer's Principal Executive Offices

Item 1(b) - Address of Issuer's Principal Executive Offices: 9001 Liberty Parkway Birmingham, AL 35242

(a) - Name of Person Filing

Item 2(a) - Name of Person Filing: The Vanguard Group - 23-1945930

(b) – Address of Principal Business Office or, if none, residence

Item 2(b) – Address of Principal Business Office or, if none, residence: 100 Vanguard Blvd. Malvern, PA 19355

(c) – Citizenship

Item 2(c) – Citizenship: Pennsylvania

(d) - Title of Class of Securities

Item 2(d) - Title of Class of Securities: Common Stock

(e) - CUSIP Number

Item 2(e) - CUSIP Number 29261A100

- Type of Filing

Item 3 - Type of Filing: This statement is being filed pursuant to Rule 13d-1. An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E).

- Ownership

Item 4 - Ownership: (a) Amount Beneficially Owned: (b) Percent of Class: (c) Number of shares as to which such person has: (i) sole power to vote or direct to vote: (ii) shared power to vote or direct to vote: (iii) sole power to dispose of or to direct the disposition of: (iv) shared power to dispose or to direct the disposition of: Comments: The responses to questions 5 through 9 and 11 on the cover page(s) are incorporated by reference into this Item 4.

- Ownership of Five Percent or Less of a Class

Item 5 - Ownership of Five Percent or Less of a Class: If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following

- Ownership of More Than Five Percent on Behalf of Another Person

Item 6 - Ownership of More Than Five Percent on Behalf of Another Person: The Vanguard Group, Inc.'s clients, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein. No one other person's interest in the securities reported herein is more than 5%. Item 7 - Identification and Classification of the Subsidiary Which Acquired The Security Being Reported on by the Parent Holding Company: Not applicable

- Identification and Classification of Members of Group

Item 8 - Identification and Classification of Members of Group: Not applicable

- Notice of Dissolution of Group

Item 9 - Notice of Dissolution of Group: Not applicable

- Certification

Item 10 - Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 12, 2024 By /s/ Ashley Grim Name: Ashley Grim Title: Head of Global Fund Administration

View Full Filing

View this SC 13G/A filing on SEC EDGAR