Adtalem Global Education Inc. $ATGE Stock Position Decreased by Pier Capital LLC

Pier Capital LLC trimmed its stake in Adtalem Global Education Inc. (NYSE:ATGE) by 67.9% during the third quarter, HoldingsChannel.com reports. The fund owned 29,168 shares of the company’s stock after selling 61,770 shares during the period. Pier Capital LLC’s holdings in Adtalem Global Education were worth $4,505,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of ATGE. MorganRosel Wealth Management LLC lifted its holdings in shares of Adtalem Global Education by 0.9% during the third quarter. MorganRosel Wealth Management LLC now owns 9,298 shares of the company’s stock valued at $1,436,000 after purchasing an additional 84 shares during the last quarter. Quadrant Capital Group LLC increased its stake in Adtalem Global Education by 1.5% in the 2nd quarter. Quadrant Capital Group LLC now owns 5,878 shares of the company’s stock worth $748,000 after purchasing an additional 88 shares in the last quarter. Nisa Investment Advisors LLC increased its stake in Adtalem Global Education by 13.5% in the 3rd quarter. Nisa Investment Advisors LLC now owns 950 shares of the company’s stock worth $147,000 after purchasing an additional 113 shares in the last quarter. UMB Bank n.a. raised its holdings in Adtalem Global Education by 79.7% during the 3rd quarter. UMB Bank n.a. now owns 266 shares of the company’s stock worth $41,000 after buying an additional 118 shares during the period. Finally, Keeler Thomas Management LLC lifted its stake in Adtalem Global Education by 1.1% during the third quarter. Keeler Thomas Management LLC now owns 11,141 shares of the company’s stock valued at $1,721,000 after buying an additional 122 shares in the last quarter. 98.84% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ATGE has been the subject of several recent analyst reports. Weiss Ratings cut shares of Adtalem Global Education from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. BMO Capital Markets restated an “outperform” rating and set a $138.00 price target on shares of Adtalem Global Education in a report on Friday, January 30th. Finally, Barrington Research restated an “outperform” rating and issued a $170.00 price target on shares of Adtalem Global Education in a research report on Thursday, January 29th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $151.50.

Adtalem Global Education Stock Up 2.0%

NYSE:ATGE opened at $98.54 on Friday. The business’s fifty day moving average price is $105.23 and its 200 day moving average price is $115.54. The firm has a market capitalization of $3.40 billion, a price-to-earnings ratio of 14.47, a PEG ratio of 0.83 and a beta of 0.71. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.37. Adtalem Global Education Inc. has a 1-year low of $86.26 and a 1-year high of $156.26.

Adtalem Global Education (NYSE:ATGE) last announced its quarterly earnings data on Wednesday, January 28th. The company reported $2.43 EPS 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 firm had revenue of $503.39 million during the quarter, compared to analyst estimates of $488.72 million. During the same period last year, the company posted $1.81 EPS. The business’s quarterly revenue was up 12.4% compared to the same quarter last year. Adtalem Global Education has set its FY 2026 guidance at 7.800-8.000 EPS. On average, sell-side analysts forecast that Adtalem Global Education Inc. will post 6.2 earnings per share for the current fiscal year.

Adtalem Global Education 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.