Adtalem Global Education Inc. $ATGE Shares Sold by Pier Capital LLC

Pier Capital LLC decreased its holdings in Adtalem Global Education Inc. (NYSE:ATGE) by 67.9% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 29,168 shares of the company’s stock after selling 61,770 shares during the quarter. Pier Capital LLC owned 0.08% of Adtalem Global Education worth $4,505,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Goldman Sachs Group Inc. grew its position in Adtalem Global Education by 124.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 699,027 shares of the company’s stock valued at $70,350,000 after buying an additional 387,330 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in Adtalem Global Education by 2.6% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 660,433 shares of the company’s stock valued at $84,027,000 after buying an additional 16,663 shares during the period. Allspring Global Investments Holdings LLC raised its position in shares of Adtalem Global Education by 444.8% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 605,137 shares of the company’s stock worth $90,940,000 after buying an additional 494,058 shares in the last quarter. Fisher Asset Management LLC raised its position in shares of Adtalem Global Education by 70.3% during the 3rd quarter. Fisher Asset Management LLC now owns 571,485 shares of the company’s stock worth $88,266,000 after buying an additional 235,880 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in shares of Adtalem Global Education by 8.4% in the 2nd quarter. Invesco Ltd. now owns 479,981 shares of the company’s stock worth $61,068,000 after acquiring an additional 37,036 shares during the period. 98.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on ATGE shares. 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 issued a $138.00 target price on shares of Adtalem Global Education in a research report on Friday, January 30th. Finally, Barrington Research reaffirmed an “outperform” rating and set a $170.00 price target on shares of Adtalem Global Education in a research note on Thursday, January 29th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Adtalem Global Education presently has a consensus rating of “Moderate Buy” and an average price target of $151.50.

Adtalem Global Education Price Performance

Shares of NYSE ATGE opened at $98.54 on Friday. Adtalem Global Education Inc. has a twelve month low of $86.26 and a twelve month high of $156.26. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.37. The firm has a 50-day moving average of $105.23 and a two-hundred day moving average of $115.54. The company 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.

Adtalem Global Education (NYSE:ATGE) last announced its quarterly earnings data on Wednesday, January 28th. The company reported $2.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.19 by $0.24. Adtalem Global Education had a net margin of 13.41% and a return on equity of 20.24%. The company had revenue of $503.39 million for the quarter, compared to analysts’ expectations of $488.72 million. During the same quarter in the previous year, the company posted $1.81 EPS. The business’s 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. As a group, analysts expect 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.