Principal Financial Group Inc. Acquires 4,975 Shares of Adtalem Global Education Inc. $ATGE

Principal Financial Group Inc. lifted its position in shares of Adtalem Global Education Inc. (NYSE:ATGE) by 2.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 197,565 shares of the company’s stock after buying an additional 4,975 shares during the quarter. Principal Financial Group Inc. owned about 0.54% of Adtalem Global Education worth $30,514,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Royal Bank of Canada boosted its position in shares of Adtalem Global Education by 30.5% during the 1st quarter. Royal Bank of Canada now owns 11,589 shares of the company’s stock worth $1,166,000 after purchasing an additional 2,706 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Adtalem Global Education by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,313 shares of the company’s stock worth $2,246,000 after buying an additional 974 shares during the period. Goldman Sachs Group Inc. boosted its holdings in Adtalem Global Education by 124.3% in the first quarter. Goldman Sachs Group Inc. now owns 699,027 shares of the company’s stock worth $70,350,000 after acquiring an additional 387,330 shares in the last quarter. Great Lakes Advisors LLC acquired a new stake in Adtalem Global Education in the first quarter valued at approximately $232,000. Finally, United Services Automobile Association bought a new stake in shares of Adtalem Global Education during the first quarter valued at approximately $248,000. 98.84% of the stock is owned by institutional investors.

Adtalem Global Education Stock Up 1.1%

Shares of NYSE:ATGE opened at $104.34 on Friday. The firm has a fifty day moving average of $105.69 and a 200 day moving average of $119.43. 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. Adtalem Global Education Inc. has a 52-week low of $86.26 and a 52-week high of $156.26. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.68 and a current ratio of 0.68.

Adtalem Global Education (NYSE:ATGE) last issued 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. The business had revenue of $503.39 million for the quarter, compared to analysts’ expectations of $488.72 million. Adtalem Global Education had a net margin of 13.41% and a return on equity of 20.24%. The business’s quarterly revenue was up 12.4% on a year-over-year basis. During the same period last year, the business earned $1.81 earnings per share. Adtalem Global Education has set its FY 2026 guidance at 7.800-8.000 EPS. As a group, research analysts anticipate that Adtalem Global Education Inc. will post 6.2 EPS for the current fiscal year.

Analysts Set New Price Targets

ATGE has been the subject of a number of recent research reports. Barrington Research restated an “outperform” rating and set a $170.00 price target on shares of Adtalem Global Education in a research note on Thursday, January 29th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $138.00 price target on shares of Adtalem Global Education in a research report on Friday, January 30th. Weiss Ratings downgraded Adtalem Global Education from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Finally, Robert W. Baird set a $163.00 price objective on Adtalem Global Education in a research note on Friday, October 31st. 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, the stock has a consensus rating of “Moderate Buy” and an average price target of $151.50.

About Adtalem Global Education

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.