SG Americas Securities LLC Raises Stock Position in Adtalem Global Education Inc. $ATGE

SG Americas Securities LLC boosted its stake in Adtalem Global Education Inc. (NYSE:ATGE) by 404.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,376 shares of the company’s stock after purchasing an additional 9,123 shares during the period. SG Americas Securities LLC’s holdings in Adtalem Global Education were worth $1,757,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Quadrant Capital Group LLC grew its position in shares of Adtalem Global Education by 1.5% during the 2nd quarter. Quadrant Capital Group LLC now owns 5,878 shares of the company’s stock valued at $748,000 after acquiring an additional 88 shares during the period. Moran Wealth Management LLC lifted its position in Adtalem Global Education by 2.6% during the second quarter. Moran Wealth Management LLC now owns 5,326 shares of the company’s stock valued at $678,000 after purchasing an additional 135 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in Adtalem Global Education by 5.9% during the second quarter. PNC Financial Services Group Inc. now owns 2,511 shares of the company’s stock valued at $319,000 after purchasing an additional 139 shares during the period. Archford Capital Strategies LLC grew its holdings in Adtalem Global Education by 1.7% during the third quarter. Archford Capital Strategies LLC now owns 8,242 shares of the company’s stock valued at $1,273,000 after purchasing an additional 140 shares during the period. Finally, Allworth Financial LP increased its position in Adtalem Global Education by 82.9% in the second quarter. Allworth Financial LP now owns 342 shares of the company’s stock worth $44,000 after buying an additional 155 shares in the last quarter. 98.84% of the stock is currently owned by hedge funds and other institutional investors.

Adtalem Global Education Trading Up 0.2%

Shares of ATGE stock opened at $114.78 on Thursday. The company has a market cap of $4.17 billion, a PE ratio of 17.18, a price-to-earnings-growth ratio of 0.97 and a beta of 0.68. Adtalem Global Education Inc. has a 1 year low of $86.26 and a 1 year high of $156.26. The stock’s 50 day simple moving average is $99.60 and its two-hundred day simple moving average is $120.36. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.98 and a quick ratio of 0.98.

Adtalem Global Education (NYSE:ATGE) last released its quarterly earnings results on Thursday, October 30th. The company reported $1.75 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.18. Adtalem Global Education had a net margin of 13.79% and a return on equity of 18.74%. The firm had revenue of $462.29 million during the quarter, compared to analysts’ expectations of $452.30 million. During the same period in the previous year, the company earned $1.29 EPS. The firm’s revenue for the quarter was up 10.8% compared to the same quarter last year. Adtalem Global Education has set its FY 2026 guidance at 7.600-7.90 EPS. Research analysts predict that Adtalem Global Education Inc. will post 6.2 earnings per share for the current year.

Insider Activity at Adtalem Global Education

In other Adtalem Global Education news, Director Kenneth J. Phelan acquired 508 shares of the firm’s stock in a transaction dated Wednesday, November 5th. The stock was purchased at an average price of $98.29 per share, for a total transaction of $49,931.32. Following the acquisition, the director owned 18,783 shares in the company, valued at approximately $1,846,181.07. This trade represents a 2.78% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Michael W. Malafronte purchased 1,000 shares of the firm’s stock in a transaction on Tuesday, November 4th. The stock was acquired at an average price of $91.85 per share, with a total value of $91,850.00. Following the completion of the purchase, the director owned 100,445 shares of the company’s stock, valued at $9,225,873.25. The trade was a 1.01% increase in their position. The disclosure for this purchase is available in the SEC filing. 2.50% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on ATGE shares. Weiss Ratings lowered shares of Adtalem Global Education from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday. Wall Street Zen cut shares of Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 20th. Barrington Research reiterated an “outperform” rating and issued a $170.00 price target on shares of Adtalem Global Education in a research note on Friday, October 31st. Robert W. Baird set a $163.00 price target on Adtalem Global Education in a report on Friday, October 31st. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $158.00 price objective on shares of Adtalem Global Education in a research note on Friday, October 31st. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Adtalem Global Education has a consensus rating of “Moderate Buy” and a consensus target price of $156.50.

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.