Vanguard Group Inc. Trims Stake in Adtalem Global Education Inc. $ATGE

Vanguard Group Inc. cut its holdings in shares of Adtalem Global Education Inc. (NYSE:ATGE) by 1.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,338,415 shares of the company’s stock after selling 66,378 shares during the quarter. Vanguard Group Inc. owned about 11.94% of Adtalem Global Education worth $670,068,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of ATGE. Penserra Capital Management LLC purchased a new position in Adtalem Global Education during the second quarter worth about $28,000. Salomon & Ludwin LLC acquired a new stake in Adtalem Global Education in the 3rd quarter valued at approximately $28,000. UMB Bank n.a. raised its position in Adtalem Global Education by 79.7% in the third quarter. UMB Bank n.a. now owns 266 shares of the company’s stock valued at $41,000 after purchasing an additional 118 shares during the period. Allworth Financial LP lifted its stake in Adtalem Global Education by 82.9% during the second quarter. Allworth Financial LP now owns 342 shares of the company’s stock worth $44,000 after purchasing an additional 155 shares in the last quarter. Finally, SBI Securities Co. Ltd. boosted its position in shares of Adtalem Global Education by 727.9% during the second quarter. SBI Securities Co. Ltd. now owns 356 shares of the company’s stock worth $45,000 after buying an additional 313 shares during the period. 98.84% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on ATGE shares. BMO Capital Markets reiterated an “outperform” rating and issued a $138.00 price objective on shares of Adtalem Global Education in a report on Friday, January 30th. 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 reissued an “outperform” rating and issued a $170.00 price objective on shares of Adtalem Global Education in a research note on Thursday, January 29th. Finally, 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. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $151.50.

Adtalem Global Education Price Performance

ATGE stock opened at $98.51 on Tuesday. The business’s 50-day moving average is $106.29 and its two-hundred day moving average is $118.08. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.68 and a quick ratio of 0.68. The firm has a market capitalization 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 1 year low of $86.26 and a 1 year high of $156.26.

Adtalem Global Education (NYSE:ATGE) last released its earnings results 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. The firm had revenue of $503.39 million for the quarter, compared to analyst estimates of $488.72 million. Adtalem Global Education had a net margin of 13.41% and a return on equity of 20.24%. The business’s quarterly revenue was up 12.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.81 earnings per share. Adtalem Global Education has set its FY 2026 guidance at 7.800-8.000 EPS. Analysts anticipate that Adtalem Global Education Inc. will post 6.2 earnings per share for the current fiscal year.

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.