LSV Asset Management Lowers Stake in Adtalem Global Education Inc. $ATGE

LSV Asset Management trimmed its position in Adtalem Global Education Inc. (NYSE:ATGE) by 5.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 521,800 shares of the company’s stock after selling 32,200 shares during the quarter. LSV Asset Management owned 1.44% of Adtalem Global Education worth $80,592,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of ATGE. MorganRosel Wealth Management LLC increased its position in Adtalem Global Education by 0.9% during the 3rd quarter. MorganRosel Wealth Management LLC now owns 9,298 shares of the company’s stock worth $1,436,000 after purchasing an additional 84 shares in the last quarter. Quadrant Capital Group LLC lifted its position in Adtalem Global Education by 1.5% during the second quarter. Quadrant Capital Group LLC now owns 5,878 shares of the company’s stock valued at $748,000 after buying an additional 88 shares in the last quarter. Nisa Investment Advisors LLC grew its stake in Adtalem Global Education by 13.5% during the third quarter. Nisa Investment Advisors LLC now owns 950 shares of the company’s stock worth $147,000 after buying an additional 113 shares during the period. UMB Bank n.a. increased its position in shares of Adtalem Global Education by 79.7% in the third quarter. UMB Bank n.a. now owns 266 shares of the company’s stock worth $41,000 after acquiring an additional 118 shares in the last quarter. Finally, Keeler Thomas Management LLC increased its position in shares of Adtalem Global Education by 1.1% in the third quarter. Keeler Thomas Management LLC now owns 11,141 shares of the company’s stock worth $1,721,000 after acquiring an additional 122 shares in the last quarter. 98.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Adtalem Global Education Stock Performance

Shares of ATGE stock opened at $92.99 on Friday. Adtalem Global Education Inc. has a 12 month low of $86.26 and a 12 month high of $156.26. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.68 and a quick ratio of 0.68. The firm has a market capitalization of $3.21 billion, a P/E ratio of 13.66, a P/E/G ratio of 0.80 and a beta of 0.71. The company’s fifty day moving average price is $105.95 and its two-hundred day moving average price is $118.96.

Adtalem Global Education (NYSE:ATGE) last announced its earnings results on Wednesday, January 28th. The company reported $2.43 earnings per share for the quarter, beating 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 company had revenue of $503.39 million during the quarter, compared to the consensus estimate of $488.72 million. During the same period last year, the firm earned $1.81 earnings per share. The company’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. On average, research analysts anticipate that Adtalem Global Education Inc. will post 6.2 earnings per share for the current fiscal 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.