Perdoceo Education Corporation $PRDO Shares Acquired by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. increased its position in shares of Perdoceo Education Corporation (NASDAQ:PRDOFree Report) by 215.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 190,888 shares of the company’s stock after purchasing an additional 130,321 shares during the period. Envestnet Asset Management Inc. owned 0.29% of Perdoceo Education worth $7,189,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PRDO. Royal Bank of Canada raised its stake in shares of Perdoceo Education by 19.2% in the 1st quarter. Royal Bank of Canada now owns 10,663 shares of the company’s stock worth $269,000 after buying an additional 1,717 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Perdoceo Education by 2.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,278 shares of the company’s stock worth $1,417,000 after acquiring an additional 1,235 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in Perdoceo Education by 49.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,547,405 shares of the company’s stock valued at $38,964,000 after acquiring an additional 513,599 shares during the last quarter. Jane Street Group LLC boosted its position in shares of Perdoceo Education by 117.5% during the 1st quarter. Jane Street Group LLC now owns 267,312 shares of the company’s stock valued at $6,731,000 after purchasing an additional 144,395 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC boosted its position in shares of Perdoceo Education by 11.9% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 10,165 shares of the company’s stock valued at $332,000 after purchasing an additional 1,082 shares in the last quarter. 93.46% of the stock is owned by institutional investors.

Key Stories Impacting Perdoceo Education

Here are the key news stories impacting Perdoceo Education this week:

Analyst Ratings Changes

A number of analysts recently commented on PRDO shares. Wall Street Zen downgraded shares of Perdoceo Education from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 12th. Weiss Ratings restated a “buy (b)” rating on shares of Perdoceo Education in a research report on Thursday, January 22nd. Finally, Barrington Research reiterated an “outperform” rating and set a $42.00 price objective on shares of Perdoceo Education in a research report on Monday, January 5th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $42.00.

View Our Latest Analysis on PRDO

Perdoceo Education Stock Up 4.2%

PRDO stock opened at $32.84 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.47 and a quick ratio of 4.45. The firm has a market capitalization of $2.11 billion, a P/E ratio of 13.63, a P/E/G ratio of 0.76 and a beta of 0.90. Perdoceo Education Corporation has a 52-week low of $23.87 and a 52-week high of $38.02. The company’s 50 day simple moving average is $31.01 and its 200-day simple moving average is $32.10.

Perdoceo Education (NASDAQ:PRDOGet Free Report) last posted its quarterly earnings data on Thursday, February 19th. The company reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.05. Perdoceo Education had a net margin of 18.90% and a return on equity of 17.54%. The firm had revenue of $211.64 million during the quarter, compared to analyst estimates of $209.95 million. During the same quarter last year, the business posted $0.50 EPS. The company’s revenue was up 20.0% on a year-over-year basis. Perdoceo Education has set its Q1 2026 guidance at 0.830-0.850 EPS and its FY 2026 guidance at 2.970-3.120 EPS. As a group, equities research analysts anticipate that Perdoceo Education Corporation will post 2.41 EPS for the current year.

Perdoceo Education Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Monday, March 2nd will be issued a $0.15 dividend. The ex-dividend date is Monday, March 2nd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.8%. Perdoceo Education’s dividend payout ratio is currently 25.64%.

About Perdoceo Education

(Free Report)

Perdoceo Education Corporation (NASDAQ: PRDO) is a for-profit postsecondary education provider offering certificate, associate, bachelor’s and master’s degree programs. The company operates primarily through two brand platforms—Colorado Technical University and American InterContinental University—delivering career-focused education both on campus and online. These programs span fields such as business, information technology, healthcare and criminal justice, targeting working adults seeking to advance or pivot their careers.

With headquarters in Schaumburg, Illinois, Perdoceo serves students across the United States and internationally through its online offerings.

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Institutional Ownership by Quarter for Perdoceo Education (NASDAQ:PRDO)

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