Perdoceo Education Corporation $PRDO Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its position in Perdoceo Education Corporation (NASDAQ:PRDO) by 5.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 378,378 shares of the company’s stock after purchasing an additional 19,553 shares during the period. JPMorgan Chase & Co. owned approximately 0.58% of Perdoceo Education worth $14,250,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. American Century Companies Inc. raised its stake in shares of Perdoceo Education by 1.5% in the 2nd quarter. American Century Companies Inc. now owns 1,820,262 shares of the company’s stock worth $59,504,000 after buying an additional 27,310 shares in the last quarter. Frontier Capital Management Co. LLC raised its position in Perdoceo Education by 2.0% in the second quarter. Frontier Capital Management Co. LLC now owns 1,752,555 shares of the company’s stock worth $57,291,000 after acquiring an additional 33,967 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in Perdoceo Education by 49.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,547,405 shares of the company’s stock valued at $38,964,000 after acquiring an additional 513,599 shares during the last quarter. Copeland Capital Management LLC bought a new position in shares of Perdoceo Education during the 3rd quarter valued at about $35,497,000. Finally, Acadian Asset Management LLC grew its stake in shares of Perdoceo Education by 110.8% in the 2nd quarter. Acadian Asset Management LLC now owns 923,698 shares of the company’s stock worth $30,173,000 after purchasing an additional 485,571 shares during the last quarter. 93.46% of the stock is owned by institutional investors.

Insider Activity

In related news, SVP David C. Czeszewski sold 36,225 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $32.81, for a total transaction of $1,188,542.25. Following the transaction, the senior vice president directly owned 68,875 shares of the company’s stock, valued at approximately $2,259,788.75. The trade was a 34.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 2.11% of the stock is owned by company insiders.

Perdoceo Education Trading Up 1.1%

NASDAQ PRDO opened at $34.24 on Thursday. The firm’s 50 day moving average price is $31.63 and its two-hundred day moving average price is $32.21. The company has a debt-to-equity ratio of 0.04, a quick ratio of 5.03 and a current ratio of 5.06. Perdoceo Education Corporation has a twelve month low of $23.87 and a twelve month high of $38.02. The stock has a market cap of $2.14 billion, a price-to-earnings ratio of 14.21, a PEG ratio of 0.74 and a beta of 0.89.

Perdoceo Education (NASDAQ:PRDO) last released its earnings results on Thursday, February 19th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.05. Perdoceo Education had a return on equity of 17.59% and a net margin of 18.90%.The company had revenue of $211.64 million during the quarter, compared to analyst estimates of $209.95 million. During the same quarter in the prior year, the company earned $0.50 earnings per share. The company’s revenue for the quarter was up 20.0% on a year-over-year basis. Perdoceo Education has set its Q1 2026 guidance at 0.830-0.850 EPS and its FY 2026 guidance at 2.970-3.120 EPS. Equities analysts anticipate that Perdoceo Education Corporation will post 2.41 EPS for the current year.

Perdoceo Education Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Monday, March 2nd will be issued a $0.15 dividend. The ex-dividend date is Monday, March 2nd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.8%. Perdoceo Education’s dividend payout ratio is currently 24.90%.

Wall Street Analysts Forecast Growth

PRDO has been the subject of several recent research reports. Barrington Research reissued an “outperform” rating and set a $42.00 target price on shares of Perdoceo Education in a research note on Monday, January 5th. Weiss Ratings reiterated a “buy (b)” rating on shares of Perdoceo Education in a research report on Thursday, January 22nd. Zacks Research upgraded Perdoceo Education from a “hold” rating to a “strong-buy” rating in a report on Friday, February 20th. Finally, Wall Street Zen downgraded Perdoceo Education from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 12th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of $42.00.

Perdoceo Education Profile

Perdoceo Education Corporation (NASDAQ: PRDO) is a for-profit postsecondary education provider offering certificate, associate, bachelor’s and master’s degree programs. The company operates primarily through two brand platforms—Colorado Technical University and American InterContinental University—delivering career-focused education both on campus and online. These programs span fields such as business, information technology, healthcare and criminal justice, targeting working adults seeking to advance or pivot their careers.

With headquarters in Schaumburg, Illinois, Perdoceo serves students across the United States and internationally through its online offerings.