Enhabit Sets Shareholder Vote on Kinderhook-Backed $13.80-per-Share Buyout

New activity is brewing for Enhabit, Inc ( (EHAB) ). The company has submitted a Form DEFM14A to the SEC, indicating an upcoming shareholder vote. This form gives shareholders all the information they need to develop an informed vote. Read on to learn more about the proposed company action.

Enhabit has called a virtual special shareholders’ meeting for May 12, 2026 to vote on a proposed merger with Anchor Parent, LLC, an affiliate of private equity firm Kinderhook Industries. Under the agreement, Anchor Merger Sub, Inc. will merge into Enhabit, which will become a wholly owned subsidiary of the parent entity.

If the merger is approved and completed, Enhabit shareholders will receive $13.80 in cash per share, representing roughly a 33.8% premium to the 60-day volume-weighted average price before the deal was announced. The board has unanimously endorsed the transaction and related proposals, including advisory approval of merger-linked executive compensation and the ability to adjourn the meeting to solicit more votes, and is urging investors to vote in favor.

The most recent analyst rating on (EHAB) stock is a Hold with a $13.80 price target. To see the full list of analyst forecasts on Enhabit, Inc stock, see the EHAB Stock Forecast page.

Spark’s Take on EHAB Stock

According to Spark, TipRanks’ AI Analyst, EHAB is a Neutral.

EHAB scores moderately due to improving financial performance (better profitability trajectory and strong free cash flow) as the primary driver, supported by a bullish technical trend. The score is held back by loss-driven valuation signals (negative P/E) and the need for sustained net profitability, while corporate events (take-private agreement and credit extension) provide additional support but carry closing/approval risk.

To see Spark’s full report on EHAB stock, click here.

More about Enhabit, Inc

Enhabit, Inc. is a Delaware corporation headquartered in Dallas, Texas, operating in the healthcare sector and listed on the New York Stock Exchange. The company has a broad base of common stockholders, with each share of common stock entitled to one vote on key corporate matters such as mergers and executive compensation.

Average Trading Volume: 1,446,634

Technical Sentiment Signal: Buy

Current Market Cap: $709.1M

See more insights into EHAB stock on TipRanks’ Stock Analysis page.