Algert Global LLC Cuts Stock Position in Adtalem Global Education Inc. $ATGE

Algert Global LLC trimmed its holdings in shares of Adtalem Global Education Inc. (NYSE:ATGE) by 16.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 147,065 shares of the company’s stock after selling 27,962 shares during the quarter. Adtalem Global Education makes up approximately 0.4% of Algert Global LLC’s investment portfolio, making the stock its 25th largest position. Algert Global LLC owned approximately 0.40% of Adtalem Global Education worth $22,714,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Royal Bank of Canada lifted its holdings in Adtalem Global Education by 30.5% during the first quarter. Royal Bank of Canada now owns 11,589 shares of the company’s stock valued at $1,166,000 after purchasing an additional 2,706 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Adtalem Global Education by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,313 shares of the company’s stock worth $2,246,000 after purchasing an additional 974 shares in the last quarter. Goldman Sachs Group Inc. raised its position in shares of 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 purchasing an additional 387,330 shares during the last quarter. Great Lakes Advisors LLC acquired a new position in shares of Adtalem Global Education during the 1st quarter worth about $232,000. Finally, United Services Automobile Association purchased a new position in Adtalem Global Education in the 1st quarter valued at about $248,000. Hedge funds and other institutional investors own 98.84% of the company’s stock.

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. Adtalem Global Education Inc. has a fifty-two week low of $86.26 and a fifty-two week high of $156.26. The company has a fifty day moving average price of $105.11 and a 200-day moving average price of $115.14. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.37.

Adtalem Global Education (NYSE:ATGE) last posted its quarterly earnings results on Wednesday, January 28th. The company reported $2.43 EPS for the quarter, beating the consensus estimate of $2.19 by $0.24. The business had revenue of $503.39 million during 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%. The company’s quarterly revenue was up 12.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.81 EPS. Adtalem Global Education has set its FY 2026 guidance at 7.800-8.000 EPS. As a group, equities analysts anticipate that Adtalem Global Education Inc. will post 6.2 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have commented on the company. Weiss Ratings lowered Adtalem Global Education from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. BMO Capital Markets restated an “outperform” rating and issued a $138.00 target price on shares of Adtalem Global Education in a research report on Friday, January 30th. Finally, Barrington Research reaffirmed 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 issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $151.50.

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.