Adtalem Global Education Inc. $ATGE Shares Purchased by Navellier & Associates Inc.

Navellier & Associates Inc. grew its stake in shares of Adtalem Global Education Inc. (NYSE:ATGE) by 77.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 11,405 shares of the company’s stock after acquiring an additional 4,982 shares during the period. Navellier & Associates Inc.’s holdings in Adtalem Global Education were worth $1,762,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Salomon & Ludwin LLC acquired a new stake in shares of Adtalem Global Education during the third quarter worth $28,000. Penserra Capital Management LLC purchased a new position in Adtalem Global Education in the 2nd quarter worth about $28,000. UMB Bank n.a. raised its holdings in Adtalem Global Education by 79.7% during the 3rd quarter. UMB Bank n.a. now owns 266 shares of the company’s stock worth $41,000 after buying an additional 118 shares during the period. Allworth Financial LP lifted its stake in Adtalem Global Education by 82.9% during the second quarter. Allworth Financial LP now owns 342 shares of the company’s stock valued at $44,000 after buying an additional 155 shares in the last quarter. Finally, SBI Securities Co. Ltd. lifted its stake in Adtalem Global Education by 727.9% during the second quarter. SBI Securities Co. Ltd. now owns 356 shares of the company’s stock valued at $45,000 after buying an additional 313 shares in the last quarter. 98.84% of the stock is owned by institutional investors.

Adtalem Global Education Trading Down 1.8%

Adtalem Global Education stock opened at $100.75 on Wednesday. Adtalem Global Education Inc. has a 12 month low of $86.26 and a 12 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 stock has a market cap of $3.48 billion, a P/E ratio of 14.79, a P/E/G ratio of 0.87 and a beta of 0.71. The company’s fifty day simple moving average is $106.00 and its 200-day simple moving average is $119.31.

Adtalem Global Education (NYSE:ATGE) last released its quarterly earnings data on Wednesday, January 28th. The company reported $2.43 earnings per share (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 during the quarter, compared to analysts’ expectations of $488.72 million. During the same quarter last year, the firm earned $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 forecast that Adtalem Global Education Inc. will post 6.2 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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