American Century Companies Inc. increased its position in shares of Adtalem Global Education Inc. (NYSE:ATGE – Free Report) by 28.8% 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 191,586 shares of the company’s stock after purchasing an additional 42,810 shares during the period. American Century Companies Inc. owned 0.53% of Adtalem Global Education worth $29,590,000 at the end of the most recent quarter.
Other institutional investors have also recently added to or reduced their stakes in the company. Handelsbanken Fonder AB increased its position in shares of Adtalem Global Education by 83.8% during the 3rd quarter. Handelsbanken Fonder AB now owns 15,618 shares of the company’s stock valued at $2,412,000 after purchasing an additional 7,123 shares during the period. R Squared Ltd bought a new position in Adtalem Global Education during the third quarter valued at about $216,000. Xponance Inc. boosted its stake in Adtalem Global Education by 6.9% during the third quarter. Xponance Inc. now owns 3,275 shares of the company’s stock valued at $506,000 after buying an additional 210 shares in the last quarter. Thornburg Investment Management Inc. grew its holdings in Adtalem Global Education by 19.4% during the third quarter. Thornburg Investment Management Inc. now owns 124,872 shares of the company’s stock worth $19,286,000 after acquiring an additional 20,257 shares during the period. Finally, Intech Investment Management LLC grew its holdings in Adtalem Global Education by 6.8% during the third quarter. Intech Investment Management LLC now owns 33,460 shares of the company’s stock worth $5,168,000 after acquiring an additional 2,138 shares during the period. 98.84% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
ATGE has been the subject of a number of research analyst reports. BMO Capital Markets reissued an “outperform” rating and issued a $138.00 price target on shares of Adtalem Global Education in a report on Friday, January 30th. Weiss Ratings downgraded shares of Adtalem Global Education from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. Finally, Barrington Research restated an “outperform” rating and set a $170.00 target price on shares of Adtalem Global Education in a report on Thursday, January 29th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $151.50.
Adtalem Global Education Price Performance
The firm has a market cap of $3.40 billion, a price-to-earnings ratio of 14.47, a price-to-earnings-growth ratio of 0.83 and a beta of 0.71. The company has a fifty day moving average of $105.65 and a two-hundred day moving average of $116.37. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.68 and a quick ratio of 0.68. Adtalem Global Education Inc. has a 1 year low of $86.26 and a 1 year high of $156.26.
Adtalem Global Education (NYSE:ATGE – Get Free Report) last released its quarterly earnings data on Wednesday, January 28th. The company reported $2.43 earnings per share for the quarter, topping the consensus estimate of $2.19 by $0.24. The business had revenue of $503.39 million for the quarter, compared to analyst estimates of $488.72 million. Adtalem Global Education had a net margin of 13.41% and a return on equity of 20.24%. Adtalem Global Education’s quarterly revenue was up 12.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.81 EPS. Adtalem Global Education has set its FY 2026 guidance at 7.800-8.000 EPS. Equities analysts predict that Adtalem Global Education Inc. will post 6.2 earnings per share for the current 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.
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