Adtalem Global Education Inc. $ATGE Position Boosted by AQR Capital Management LLC

AQR Capital Management LLC increased its holdings in shares of Adtalem Global Education Inc. (NYSE:ATGE) by 59.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 77,762 shares of the company’s stock after acquiring an additional 29,038 shares during the quarter. AQR Capital Management LLC owned approximately 0.21% of Adtalem Global Education worth $7,695,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Royal Bank of Canada lifted its position in Adtalem Global Education by 30.5% in the 1st quarter. Royal Bank of Canada now owns 11,589 shares of the company’s stock valued at $1,166,000 after purchasing an additional 2,706 shares during the last quarter. Baird Financial Group Inc. boosted its stake in Adtalem Global Education by 29.0% in the 1st quarter. Baird Financial Group Inc. now owns 2,847 shares of the company’s stock worth $287,000 after purchasing an additional 640 shares during the period. Panagora Asset Management Inc. acquired a new stake in Adtalem Global Education during the 1st quarter worth about $10,912,000. Evergreen Capital Management LLC boosted its position in Adtalem Global Education by 7.0% during the 1st quarter. Evergreen Capital Management LLC now owns 2,760 shares of the company’s stock worth $278,000 after acquiring an additional 181 shares during the period. Finally, Landscape Capital Management L.L.C. acquired a new position in Adtalem Global Education in the 1st quarter worth about $3,191,000. 98.84% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Adtalem Global Education

In other Adtalem Global Education news, CAO Manjunath Gangadharan sold 944 shares of the business’s stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $135.67, for a total transaction of $128,072.48. Following the transaction, the chief accounting officer owned 4,901 shares of the company’s stock, valued at $664,918.67. The trade was a 16.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Lisa W. Wardell sold 25,477 shares of the business’s stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $132.38, for a total value of $3,372,645.26. Following the transaction, the director directly owned 43,451 shares in the company, valued at approximately $5,752,043.38. This trade represents a 36.96% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 57,713 shares of company stock worth $7,702,094 over the last ninety days. Insiders own 2.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on ATGE shares. Zacks Research cut Adtalem Global Education from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. Barrington Research increased their price target on Adtalem Global Education from $140.00 to $150.00 and gave the stock an “outperform” rating in a research report on Friday, August 8th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $139.00.

Adtalem Global Education Stock Up 4.0%

Adtalem Global Education stock opened at $138.50 on Friday. The company has a 50 day moving average of $124.24 and a 200-day moving average of $116.80. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.39. Adtalem Global Education Inc. has a twelve month low of $71.07 and a twelve month high of $140.12. The stock has a market capitalization of $4.98 billion, a PE ratio of 22.37, a price-to-earnings-growth ratio of 1.15 and a beta of 0.94.

Adtalem Global Education (NYSE:ATGE) last issued its quarterly earnings data on Thursday, August 7th. The company reported $1.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.51 by $0.15. The company had revenue of $457.11 million during the quarter, compared to the consensus estimate of $440.93 million. Adtalem Global Education had a net margin of 13.26% and a return on equity of 17.95%. The firm’s revenue was up 11.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.37 earnings per share. Adtalem Global Education has set its FY 2026 guidance at 7.600-7.900 EPS. On average, equities research analysts anticipate that Adtalem Global Education Inc. will post 6.2 EPS for the current fiscal year.

Adtalem Global Education Profile

Adtalem Global Education Inc provides workforce solutions worldwide. It operates through three segments, Chamberlain, Walden, and Medical and Veterinary. The Chamberlain segment offers degree and non-degree programs in the nursing and health professions postsecondary education industry. This segment operates Chamberlain University.