Allianz Asset Management GmbH Has $43.56 Million Stake in Adtalem Global Education Inc. $ATGE

Allianz Asset Management GmbH cut its holdings in shares of Adtalem Global Education Inc. (NYSE:ATGE) by 6.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 282,061 shares of the company’s stock after selling 18,488 shares during the quarter. Allianz Asset Management GmbH owned about 0.78% of Adtalem Global Education worth $43,564,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in ATGE. Lingohr Asset Management GmbH acquired a new stake in Adtalem Global Education during the third quarter worth about $4,788,000. AlphaQuest LLC lifted its holdings in shares of Adtalem Global Education by 221.0% during the 3rd quarter. AlphaQuest LLC now owns 8,564 shares of the company’s stock worth $1,323,000 after acquiring an additional 5,896 shares during the period. SteelPeak Wealth LLC acquired a new stake in shares of Adtalem Global Education during the 3rd quarter worth approximately $2,055,000. Massachusetts Financial Services Co. MA increased its stake in Adtalem Global Education by 96.5% in the third quarter. Massachusetts Financial Services Co. MA now owns 428,966 shares of the company’s stock valued at $66,254,000 after acquiring an additional 210,709 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC bought a new position in Adtalem Global Education in the second quarter valued at approximately $233,000. Institutional investors and hedge funds own 98.84% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on ATGE. Barrington Research restated an “outperform” rating and set a $170.00 target price on shares of Adtalem Global Education in a research note on Thursday, January 29th. Robert W. Baird set a $163.00 price objective on Adtalem Global Education in a research report on Friday, October 31st. BMO Capital Markets reaffirmed an “outperform” rating and issued a $138.00 price objective on shares of Adtalem Global Education in a research note on Friday, January 30th. Finally, Weiss Ratings downgraded Adtalem Global Education from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Adtalem Global Education presently has a consensus rating of “Moderate Buy” and a consensus price target of $151.50.

Adtalem Global Education Trading Up 2.7%

NYSE ATGE opened at $103.12 on Friday. The company has a market cap of $3.56 billion, a price-to-earnings ratio of 15.14, a price-to-earnings-growth ratio of 0.85 and a beta of 0.71. Adtalem Global Education Inc. has a twelve month low of $86.26 and a twelve month high of $156.26. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.37. The business’s fifty day moving average is $105.46 and its 200 day moving average is $119.51.

Adtalem Global Education (NYSE:ATGE) last announced its quarterly earnings results on Wednesday, January 28th. The company reported $2.43 EPS for the quarter, beating analysts’ consensus estimates of $2.19 by $0.24. Adtalem Global Education had a return on equity of 20.24% and a net margin of 13.41%.The firm had revenue of $503.39 million for the quarter, compared to analyst estimates of $488.72 million. During the same period last year, the firm posted $1.81 earnings per share. The business’s revenue for the quarter was up 12.4% on a year-over-year basis. Adtalem Global Education has set its FY 2026 guidance at 7.800-8.000 EPS. As a group, sell-side analysts expect that Adtalem Global Education Inc. will post 6.2 EPS 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.