Adtalem Global Education Inc. $ATGE Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. trimmed its holdings in shares of Adtalem Global Education Inc. (NYSE:ATGE) by 1.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,338,415 shares of the company’s stock after selling 66,378 shares during the period. Vanguard Group Inc. owned 0.12% of Adtalem Global Education worth $670,068,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. Penserra Capital Management LLC acquired a new stake in shares of Adtalem Global Education during the 2nd quarter worth about $28,000. Salomon & Ludwin LLC purchased a new position in Adtalem Global Education in the third quarter valued at approximately $28,000. UMB Bank n.a. raised its holdings in Adtalem Global Education by 79.7% during the third quarter. UMB Bank n.a. now owns 266 shares of the company’s stock worth $41,000 after purchasing an additional 118 shares in the last quarter. Allworth Financial LP lifted its position in shares of Adtalem Global Education by 82.9% during the 2nd quarter. Allworth Financial LP now owns 342 shares of the company’s stock worth $44,000 after buying an additional 155 shares during the last quarter. Finally, SBI Securities Co. Ltd. boosted its holdings in shares of Adtalem Global Education by 727.9% in the 2nd quarter. SBI Securities Co. Ltd. now owns 356 shares of the company’s stock valued at $45,000 after buying an additional 313 shares in the last quarter. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Adtalem Global Education Stock Performance

NYSE ATGE opened at $98.51 on Tuesday. The firm has a market cap of $3.40 billion, a P/E ratio of 14.47, a P/E/G ratio of 0.82 and a beta of 0.71. Adtalem Global Education Inc. has a 52-week low of $86.26 and a 52-week high of $156.26. The business’s 50-day moving average price is $106.29 and its 200 day moving average price is $118.08. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.37.

Adtalem Global Education (NYSE:ATGE) last posted its quarterly earnings data on Wednesday, January 28th. The company reported $2.43 earnings per share for the quarter, topping analysts’ consensus estimates of $2.19 by $0.24. Adtalem Global Education had a return on equity of 20.24% and a net margin of 13.41%.The company had revenue of $503.39 million during the quarter, compared to analysts’ expectations of $488.72 million. During the same period last year, the firm earned $1.81 EPS. The firm’s revenue for the quarter was up 12.4% on a year-over-year basis. Adtalem Global Education has set its FY 2026 guidance at 7.800-8.000 EPS. On average, equities research analysts expect that Adtalem Global Education Inc. will post 6.2 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages recently commented on ATGE. Robert W. Baird set a $163.00 price target on shares of Adtalem Global Education in a research note on Friday, October 31st. Barrington Research reaffirmed an “outperform” rating and set a $170.00 price objective on shares of Adtalem Global Education in a report on Thursday, January 29th. BMO Capital Markets reissued an “outperform” rating and issued a $138.00 target price on shares of Adtalem Global Education in a report on Friday, January 30th. Finally, Weiss Ratings downgraded Adtalem Global Education from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Adtalem Global Education currently has an average rating of “Moderate Buy” and a consensus price target of $151.50.

Adtalem Global Education Company Profile

Adtalem Global Education (NYSE:ATGE) is a leading provider of postsecondary education and professional development solutions. Through a network of brands and institutions, the company delivers degree programs and continuing education in high-demand fields such as healthcare, business, technology and the sciences. Adtalem’s offerings span campus-based and online formats, catering to diverse learner needs and career stages.

The company’s portfolio includes Chamberlain University, which specializes in nursing and healthcare; Carrington College, offering career-focused programs in allied health, business and trades; Walden University, a fully online institution for graduate and undergraduate degrees; and a suite of medical and veterinary schools, including Ross University School of Medicine and Ross University School of Veterinary Medicine, both located in the Caribbean.