Adtalem Global Education Inc. $ATGE Position Reduced by Citigroup Inc.

Citigroup Inc. trimmed its position in Adtalem Global Education Inc. (NYSE:ATGE) by 56.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,320 shares of the company’s stock after selling 19,894 shares during the quarter. Citigroup Inc.’s holdings in Adtalem Global Education were worth $2,366,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in ATGE. Penserra Capital Management LLC acquired a new position in Adtalem Global Education in the 2nd quarter worth approximately $28,000. Salomon & Ludwin LLC acquired a new stake in Adtalem Global Education during the 3rd quarter valued at $28,000. UMB Bank n.a. lifted its holdings in shares of Adtalem Global Education by 79.7% in the third quarter. UMB Bank n.a. now owns 266 shares of the company’s stock valued at $41,000 after purchasing an additional 118 shares in the last quarter. Allworth Financial LP lifted its holdings in shares of Adtalem Global Education by 82.9% in the second quarter. Allworth Financial LP now owns 342 shares of the company’s stock valued at $44,000 after purchasing an additional 155 shares in the last quarter. Finally, SBI Securities Co. Ltd. boosted its position in shares of Adtalem Global Education by 727.9% in the second quarter. SBI Securities Co. Ltd. now owns 356 shares of the company’s stock worth $45,000 after buying an additional 313 shares during the period. Institutional investors and hedge funds own 98.84% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on ATGE. Weiss Ratings lowered Adtalem Global Education from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Barrington Research reaffirmed an “outperform” rating and set a $170.00 target price on shares of Adtalem Global Education in a research note on Thursday, January 29th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $138.00 target price on shares of Adtalem Global Education in a report on Friday, January 30th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $151.50.

Adtalem Global Education Stock Performance

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’s 50-day moving average price is $105.65 and its two-hundred day moving average price is $116.37. Adtalem Global Education Inc. has a 12-month low of $86.26 and a 12-month high of $156.26. The firm has a market capitalization of $3.40 billion, a PE ratio of 14.47, a price-to-earnings-growth ratio of 0.83 and a beta of 0.71.

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, topping analysts’ consensus estimates of $2.19 by $0.24. The business 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%.Adtalem Global Education’s revenue for the quarter was up 12.4% compared to the same quarter last year. During the same period in the prior year, the business earned $1.81 EPS. 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 earnings per share for the current fiscal 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.