Candriam S.C.A. Sells 58,465 Shares of Adtalem Global Education Inc. $ATGE

Candriam S.C.A. cut its stake in shares of Adtalem Global Education Inc. (NYSE:ATGE) by 92.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,476 shares of the company’s stock after selling 58,465 shares during the quarter. Candriam S.C.A.’s holdings in Adtalem Global Education were worth $691,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Goldman Sachs Group Inc. increased 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 valued at $70,350,000 after purchasing an additional 387,330 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its position in shares of Adtalem Global Education by 2.6% during the second quarter. Arrowstreet Capital Limited Partnership now owns 660,433 shares of the company’s stock valued at $84,027,000 after acquiring an additional 16,663 shares in the last quarter. Allspring Global Investments Holdings LLC raised its holdings in Adtalem Global Education by 444.8% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 605,137 shares of the company’s stock worth $90,940,000 after acquiring an additional 494,058 shares during the last quarter. Invesco Ltd. lifted its position in Adtalem Global Education by 8.4% in the 2nd quarter. Invesco Ltd. now owns 479,981 shares of the company’s stock valued at $61,068,000 after acquiring an additional 37,036 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its position in Adtalem Global Education by 96.5% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 428,966 shares of the company’s stock valued at $66,254,000 after acquiring an additional 210,709 shares in the last quarter. Institutional investors own 98.84% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on ATGE shares. Weiss Ratings cut Adtalem Global Education from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Robert W. Baird set a $163.00 target price on Adtalem Global Education in a research report on Friday, October 31st. BMO Capital Markets reaffirmed an “outperform” rating and set a $138.00 price target on shares of Adtalem Global Education in a report on Friday, January 30th. Finally, Barrington Research reiterated an “outperform” rating and issued a $170.00 price target on shares of Adtalem Global Education in a research note on Thursday, January 29th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $151.50.

Adtalem Global Education Stock Down 2.3%

ATGE opened at $92.99 on Friday. 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 Inc. has a 1-year low of $86.26 and a 1-year high of $156.26. The company has a market capitalization of $3.21 billion, a PE ratio of 13.66, a PEG ratio of 0.80 and a beta of 0.71. The firm’s 50 day simple moving average is $105.95 and its two-hundred day simple moving average is $118.96.

Adtalem Global Education (NYSE:ATGE) last posted its quarterly earnings data on Wednesday, January 28th. The company reported $2.43 EPS for the quarter, topping the consensus estimate 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 analyst estimates of $488.72 million. During the same period in the prior year, the business posted $1.81 EPS. Adtalem Global Education’s revenue 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, equities analysts forecast that Adtalem Global Education Inc. will post 6.2 EPS for the current year.

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.