Renaissance Group LLC Buys Shares of 59,279 Adtalem Global Education Inc. $ATGE

Renaissance Group LLC purchased a new position in shares of Adtalem Global Education Inc. (NYSE:ATGE) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 59,279 shares of the company’s stock, valued at approximately $9,156,000. Renaissance Group LLC owned approximately 0.16% of Adtalem Global Education as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in ATGE. MorganRosel Wealth Management LLC boosted its holdings in Adtalem Global Education by 0.9% during the third quarter. MorganRosel Wealth Management LLC now owns 9,298 shares of the company’s stock worth $1,436,000 after purchasing an additional 84 shares during the last quarter. Quadrant Capital Group LLC lifted its position in Adtalem Global Education by 1.5% during the 2nd quarter. Quadrant Capital Group LLC now owns 5,878 shares of the company’s stock worth $748,000 after buying an additional 88 shares in the last quarter. Nisa Investment Advisors LLC boosted its stake in shares of Adtalem Global Education by 13.5% during the 3rd quarter. Nisa Investment Advisors LLC now owns 950 shares of the company’s stock worth $147,000 after buying an additional 113 shares during the last quarter. UMB Bank n.a. grew its holdings in shares of Adtalem Global Education by 79.7% in the 3rd quarter. UMB Bank n.a. now owns 266 shares of the company’s stock valued at $41,000 after acquiring an additional 118 shares in the last quarter. Finally, Keeler Thomas Management LLC grew its holdings in shares of Adtalem Global Education by 1.1% in the 3rd quarter. Keeler Thomas Management LLC now owns 11,141 shares of the company’s stock valued at $1,721,000 after acquiring an additional 122 shares in the last quarter. Institutional investors own 98.84% of the company’s stock.

Analyst Ratings Changes

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

Adtalem Global Education Stock Up 1.1%

ATGE stock opened at $104.34 on Friday. Adtalem Global Education Inc. has a 1-year low of $86.26 and a 1-year high of $156.26. The business’s 50 day simple moving average is $105.69 and its 200 day simple moving average is $119.43. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $3.60 billion, a PE ratio of 15.32, a PEG ratio of 0.87 and a beta of 0.71.

Adtalem Global Education (NYSE:ATGE) last released its quarterly earnings data on Wednesday, January 28th. The company reported $2.43 EPS for the quarter, topping analysts’ consensus estimates of $2.19 by $0.24. The firm had revenue of $503.39 million during 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 company’s revenue for the quarter was up 12.4% compared to the same quarter last year. During the same period in the previous year, the business posted $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 year.

Adtalem Global Education 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.