Cambria Investment Management L.P. Has $1.06 Million Stake in Adtalem Global Education Inc. $ATGE

Cambria Investment Management L.P. lowered its stake in shares of Adtalem Global Education Inc. (NYSE:ATGE) by 96.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,846 shares of the company’s stock after selling 189,350 shares during the period. Cambria Investment Management L.P.’s holdings in Adtalem Global Education were worth $1,057,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of ATGE. Goldman Sachs Group Inc. raised its position in shares of Adtalem Global Education by 124.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 699,027 shares of the company’s stock valued at $70,350,000 after acquiring an additional 387,330 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in Adtalem Global Education by 2.0% during the third quarter. Arrowstreet Capital Limited Partnership now owns 673,312 shares of the company’s stock valued at $103,993,000 after purchasing an additional 12,879 shares during the period. Allspring Global Investments Holdings LLC increased its stake in 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 purchasing an additional 494,058 shares in the last quarter. Fisher Asset Management LLC increased its stake in 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 purchasing an additional 235,880 shares in the last quarter. Finally, Wellington Management Group LLP raised its holdings in Adtalem Global Education by 0.8% in the third quarter. Wellington Management Group LLP now owns 559,416 shares of the company’s stock worth $86,402,000 after purchasing an additional 4,502 shares during the period. 98.84% of the stock is owned by institutional investors.

Adtalem Global Education Stock Up 2.0%

Shares of ATGE stock opened at $98.54 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 firm’s fifty day moving average price is $104.12 and its two-hundred day moving average price is $114.31. The firm has a market capitalization of $3.40 billion, a P/E ratio of 14.47, a PEG ratio of 0.83 and a beta of 0.71.

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 analysts’ consensus estimates of $2.19 by $0.24. The company had revenue of $503.39 million during the quarter, compared to the consensus estimate 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 prior year, the business posted $1.81 EPS. Adtalem Global Education has set its FY 2026 guidance at 7.800-8.000 EPS. On average, equities analysts predict that Adtalem Global Education Inc. will post 6.2 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Barrington Research reissued an “outperform” rating and set a $170.00 price target on shares of Adtalem Global Education in a research report on Thursday, January 29th. BMO Capital Markets restated an “outperform” rating and issued a $138.00 price objective on shares of Adtalem Global Education in a research report on Friday, January 30th. Finally, Weiss Ratings downgraded Adtalem Global Education from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus 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.