CreativeOne Wealth LLC Invests $862,000 in Adtalem Global Education Inc. $ATGE

CreativeOne Wealth LLC bought a new stake in Adtalem Global Education Inc. (NYSE:ATGE) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 5,584 shares of the company’s stock, valued at approximately $862,000.

Other large investors have also recently made changes to their positions in the company. Goldman Sachs Group Inc. grew its stake 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 worth $70,350,000 after buying an additional 387,330 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Adtalem Global Education by 2.6% in the second quarter. Arrowstreet Capital Limited Partnership now owns 660,433 shares of the company’s stock valued at $84,027,000 after buying an additional 16,663 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of Adtalem Global Education by 444.8% in the third quarter. Allspring Global Investments Holdings LLC now owns 605,137 shares of the company’s stock valued at $90,940,000 after acquiring an additional 494,058 shares during the period. Fisher Asset Management LLC boosted its holdings in shares of Adtalem Global Education by 70.3% in the third quarter. Fisher Asset Management LLC now owns 571,485 shares of the company’s stock valued at $88,266,000 after acquiring an additional 235,880 shares during the period. Finally, Invesco Ltd. grew its position in shares of Adtalem Global Education by 8.4% during the second quarter. Invesco Ltd. now owns 479,981 shares of the company’s stock worth $61,068,000 after acquiring an additional 37,036 shares during the last quarter. 98.84% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on ATGE. Barrington Research reaffirmed an “outperform” rating and issued a $170.00 target price on shares of Adtalem Global Education in a report on Thursday, January 29th. Weiss Ratings cut shares of 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 reissued an “outperform” rating and set a $138.00 price objective on shares of Adtalem Global Education in a research report on Friday, January 30th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $151.50.

Adtalem Global Education Stock Up 2.0%

Adtalem Global Education stock opened at $98.54 on Thursday. The stock has a 50 day moving average of $105.33 and a two-hundred day moving average of $115.66. Adtalem Global Education Inc. has a twelve month low of $86.26 and a twelve month high of $156.26. The stock has a market capitalization of $3.40 billion, a price-to-earnings ratio of 14.47, a PEG ratio of 0.83 and a beta of 0.71. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.37.

Adtalem Global Education (NYSE:ATGE) last released 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. Adtalem Global Education had a return on equity of 20.24% and a net margin of 13.41%.The business had revenue of $503.39 million for the quarter, compared to analyst estimates of $488.72 million. During the same quarter in the previous year, the company posted $1.81 earnings per share. The company’s revenue for the quarter was up 12.4% compared to the same quarter last year. Adtalem Global Education has set its FY 2026 guidance at 7.800-8.000 EPS. As a group, research analysts expect that Adtalem Global Education Inc. will post 6.2 earnings per share for the current year.

About Adtalem Global Education

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.