Voya Investment Management LLC Buys 8,076 Shares of Adtalem Global Education Inc. $ATGE

Voya Investment Management LLC lifted its stake in Adtalem Global Education Inc. (NYSE:ATGE) by 36.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 29,986 shares of the company’s stock after buying an additional 8,076 shares during the period. Voya Investment Management LLC owned approximately 0.08% of Adtalem Global Education worth $3,018,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in ATGE. Quantinno Capital Management LP boosted its stake in shares of Adtalem Global Education by 5.4% in the fourth quarter. Quantinno Capital Management LP now owns 3,224 shares of the company’s stock valued at $293,000 after buying an additional 165 shares during the period. Tidal Investments LLC boosted its stake in shares of Adtalem Global Education by 51.7% in the fourth quarter. Tidal Investments LLC now owns 4,041 shares of the company’s stock valued at $367,000 after buying an additional 1,377 shares during the period. Two Sigma Investments LP bought a new stake in shares of Adtalem Global Education in the fourth quarter valued at approximately $4,143,000. Two Sigma Advisers LP bought a new stake in shares of Adtalem Global Education in the fourth quarter valued at approximately $1,208,000. Finally, Squarepoint Ops LLC bought a new stake in shares of Adtalem Global Education in the fourth quarter valued at approximately $1,177,000. 98.84% of the stock is currently owned by institutional investors.

Adtalem Global Education Stock Performance

NYSE ATGE opened at $140.56 on Friday. The company has a market capitalization of $5.05 billion, a price-to-earnings ratio of 22.71, a PEG ratio of 1.21 and a beta of 0.94. Adtalem Global Education Inc. has a twelve month low of $71.09 and a twelve month high of $141.68. The stock has a fifty day simple moving average of $126.32 and a 200 day simple moving average of $118.47. 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 (NYSE:ATGE) last posted its quarterly earnings data on Thursday, August 7th. The company reported $1.66 earnings per share for the quarter, beating analysts’ consensus estimates of $1.51 by $0.15. The business had revenue of $457.11 million during the quarter, compared to the consensus estimate of $440.93 million. Adtalem Global Education had a return on equity of 17.95% and a net margin of 13.26%.Adtalem Global Education’s quarterly revenue was up 11.5% on a year-over-year basis. During the same period in the prior year, the business posted $1.37 earnings per share. Adtalem Global Education has set its FY 2026 guidance at 7.600-7.900 EPS. Sell-side analysts expect that Adtalem Global Education Inc. will post 6.2 EPS for the current year.

Insider Transactions at Adtalem Global Education

In other Adtalem Global Education news, CAO Manjunath Gangadharan sold 944 shares of the stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $135.67, for a total transaction of $128,072.48. Following the completion of the sale, the chief accounting officer directly owned 4,901 shares in the company, valued at approximately $664,918.67. This trade represents a 16.15% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Lisa W. Wardell sold 25,477 shares of the stock in a transaction dated 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 sale, the director owned 43,451 shares of the company’s stock, valued at approximately $5,752,043.38. The trade was a 36.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 57,713 shares of company stock valued at $7,702,094. Company insiders own 2.00% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on ATGE shares. Wall Street Zen cut Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Zacks Research cut Adtalem Global Education from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 19th. Finally, Barrington Research upped their target price on Adtalem Global Education from $140.00 to $150.00 and gave the stock an “outperform” rating in a research note on Friday, August 8th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $139.00.

About Adtalem Global Education

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.