Grantham Mayo Van Otterloo & Co. LLC Has $5.36 Million Stock Holdings in Perdoceo Education Corporation $PRDO

Grantham Mayo Van Otterloo & Co. LLC trimmed its holdings in shares of Perdoceo Education Corporation (NASDAQ:PRDO) by 18.0% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 142,338 shares of the company’s stock after selling 31,169 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC’s holdings in Perdoceo Education were worth $5,360,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of PRDO. CBIZ Investment Advisory Services LLC bought a new position in Perdoceo Education in the third quarter valued at approximately $25,000. First Horizon Corp acquired a new position in shares of Perdoceo Education in the third quarter valued at approximately $29,000. Blue Trust Inc. increased its position in shares of Perdoceo Education by 81.5% during the third quarter. Blue Trust Inc. now owns 833 shares of the company’s stock worth $31,000 after acquiring an additional 374 shares in the last quarter. Richardson Financial Services Inc. raised its holdings in shares of Perdoceo Education by 166.2% during the third quarter. Richardson Financial Services Inc. now owns 836 shares of the company’s stock worth $31,000 after acquiring an additional 522 shares during the period. Finally, Global Retirement Partners LLC raised its holdings in shares of Perdoceo Education by 49.9% during the third quarter. Global Retirement Partners LLC now owns 1,154 shares of the company’s stock worth $43,000 after acquiring an additional 384 shares during the period. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Perdoceo Education Stock Performance

Shares of PRDO stock opened at $34.62 on Tuesday. The company’s fifty day simple moving average is $31.92 and its 200-day simple moving average is $32.25. The company has a quick ratio of 5.03, a current ratio of 5.06 and a debt-to-equity ratio of 0.04. The firm has a market cap of $2.16 billion, a PE ratio of 14.37, a P/E/G ratio of 0.75 and a beta of 0.89. Perdoceo Education Corporation has a 12 month low of $23.87 and a 12 month high of $38.02.

Perdoceo Education (NASDAQ:PRDO) last released its earnings results on Thursday, February 19th. The company reported $0.59 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.05. Perdoceo Education had a net margin of 18.90% and a return on equity of 17.59%. The business had revenue of $211.64 million during the quarter, compared to the consensus estimate of $209.95 million. During the same quarter last year, the firm earned $0.50 earnings per share. The firm’s revenue for the quarter was up 20.0% compared to the same quarter last year. 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 research analysts expect that Perdoceo Education Corporation will post 2.41 EPS for the current fiscal year.

Perdoceo Education Dividend Announcement

The business also recently disclosed 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 annualized dividend and a dividend yield of 1.7%. Perdoceo Education’s dividend payout ratio (DPR) is presently 24.90%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Barrington Research reaffirmed an “outperform” rating and issued a $42.00 price objective on shares of Perdoceo Education in a research report on Monday, January 5th. Wall Street Zen downgraded Perdoceo Education from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, November 12th. Zacks Research upgraded Perdoceo Education from a “hold” rating to a “strong-buy” rating in a report on Friday, February 20th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Perdoceo Education in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the stock. According to MarketBeat, Perdoceo Education presently has an average rating of “Buy” and a consensus target price of $42.00.

Insider Activity

In related news, SVP David C. Czeszewski sold 36,225 shares of Perdoceo Education stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $32.81, for a total value of $1,188,542.25. Following the sale, the senior vice president 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.11% of the company’s stock.

Perdoceo Education Company 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.