Dimensional Fund Advisors LP Sells 409,287 Shares of Adtalem Global Education Inc. $ATGE

Dimensional Fund Advisors LP reduced its position in Adtalem Global Education Inc. (NYSE:ATGE) by 18.1% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 1,854,006 shares of the company’s stock after selling 409,287 shares during the period. Dimensional Fund Advisors LP owned 5.10% of Adtalem Global Education worth $286,347,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in ATGE. Goldman Sachs Group Inc. lifted its position 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 grew its position in shares of Adtalem Global Education by 2.6% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 660,433 shares of the company’s stock worth $84,027,000 after buying an additional 16,663 shares during the period. Allspring Global Investments Holdings LLC raised its stake 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 worth $90,940,000 after buying an additional 494,058 shares during the last quarter. Fisher Asset Management LLC raised its stake in shares of Adtalem Global Education by 70.3% during the third quarter. Fisher Asset Management LLC now owns 571,485 shares of the company’s stock worth $88,266,000 after buying an additional 235,880 shares during the last quarter. Finally, Invesco Ltd. lifted its holdings in Adtalem Global Education by 8.4% in the second quarter. Invesco Ltd. now owns 479,981 shares of the company’s stock valued at $61,068,000 after buying an additional 37,036 shares during the period. Institutional investors own 98.84% of the company’s stock.

Adtalem Global Education Stock Performance

Shares of Adtalem Global Education stock opened at $98.54 on Friday. The stock’s fifty day simple moving average is $105.65 and its 200 day simple moving average is $116.46. 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 company has a market capitalization of $3.40 billion, a PE ratio of 14.47, a PEG ratio of 0.83 and a beta of 0.71. Adtalem Global Education Inc. has a 12 month low of $86.26 and a 12 month high of $156.26.

Adtalem Global Education (NYSE:ATGE) last posted its earnings results 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. The firm had revenue of $503.39 million during 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%.The company’s revenue was up 12.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.81 earnings per share. Adtalem Global Education has set its FY 2026 guidance at 7.800-8.000 EPS. On average, research analysts predict that Adtalem Global Education Inc. will post 6.2 EPS for the current year.

Analysts Set New Price Targets

ATGE has been the topic of a number of analyst reports. Barrington Research reissued an “outperform” rating and issued a $170.00 price target on shares of Adtalem Global Education in a research note on Thursday, January 29th. Weiss Ratings cut Adtalem Global Education from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $138.00 price objective on shares of Adtalem Global Education in a report on Friday, January 30th. Three research analysts have rated the stock with a Buy rating and two have given 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 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.