Adtalem Global Education Inc. $ATGE Stake Lifted by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans raised its stake in Adtalem Global Education Inc. (NYSE:ATGE) by 29.0% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 34,073 shares of the company’s stock after buying an additional 7,655 shares during the quarter. Thrivent Financial for Lutherans owned approximately 0.09% of Adtalem Global Education worth $5,262,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of ATGE. Goldman Sachs Group Inc. boosted its stake in Adtalem Global Education by 124.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 699,027 shares of the company’s stock valued at $70,350,000 after purchasing an additional 387,330 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in shares of Adtalem Global Education by 2.6% in the second quarter. Arrowstreet Capital Limited Partnership now owns 660,433 shares of the company’s stock valued at $84,027,000 after purchasing an additional 16,663 shares during the period. Allspring Global Investments Holdings LLC raised its holdings in shares of Adtalem Global Education by 444.8% during the third quarter. Allspring Global Investments Holdings LLC now owns 605,137 shares of the company’s stock valued at $90,940,000 after buying an additional 494,058 shares during the last quarter. Invesco Ltd. boosted its position in shares of Adtalem Global Education by 8.4% during the second quarter. Invesco Ltd. now owns 479,981 shares of the company’s stock worth $61,068,000 after buying an additional 37,036 shares during the period. Finally, Massachusetts Financial Services Co. MA grew its holdings in Adtalem Global Education by 96.5% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 428,966 shares of the company’s stock worth $66,254,000 after buying an additional 210,709 shares in the last quarter. Institutional investors own 98.84% of the company’s stock.

Adtalem Global Education Stock Up 1.1%

Shares of Adtalem Global Education stock opened at $104.34 on Friday. Adtalem Global Education Inc. has a 12-month low of $86.26 and a 12-month high of $156.26. The firm has a market capitalization of $3.60 billion, a PE ratio of 15.32, a price-to-earnings-growth ratio of 0.87 and a beta of 0.71. 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 stock’s fifty day moving average is $105.69 and its 200-day moving average is $119.43.

Adtalem Global Education (NYSE:ATGE) last issued its quarterly 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 analysts’ expectations of $488.72 million. Adtalem Global Education had a return on equity of 20.24% and a net margin of 13.41%.Adtalem Global Education’s revenue was up 12.4% on a year-over-year basis. During the same quarter last year, the business posted $1.81 EPS. Adtalem Global Education has set its FY 2026 guidance at 7.800-8.000 EPS. Equities analysts anticipate that Adtalem Global Education Inc. will post 6.2 earnings per share for the current year.

Wall Street Analyst Weigh In

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

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.