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Adtalem Global Education Inc. $ATGE Stock Holdings Increased by Acadian Asset Management LLC

Adtalem Global Education logo with Consumer Discretionary background

Key Points

  • Acadian Asset Management LLC increased its holdings in Adtalem Global Education by 222.0%, now owning 27,758 shares valued at approximately $2.79 million as of its latest SEC filing.
  • Several institutional investors also raised their stakes, with notable increases, including Skandinaviska Enskilda Banken AB, which grew its position by an astonishing 10,488.9%.
  • Adtalem Global Education reported earnings of $1.66 per share for the last quarter, exceeding analysts' expectations, and set its FY 2026 EPS guidance between $7.60 and $7.90.
  • Five stocks to consider instead of Adtalem Global Education.

Acadian Asset Management LLC lifted its holdings in Adtalem Global Education Inc. (NYSE:ATGE - Free Report) by 222.0% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 27,758 shares of the company's stock after buying an additional 19,137 shares during the quarter. Acadian Asset Management LLC owned approximately 0.07% of Adtalem Global Education worth $2,790,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Fifth Third Bancorp boosted its stake in Adtalem Global Education by 56.8% in the first quarter. Fifth Third Bancorp now owns 287 shares of the company's stock valued at $29,000 after acquiring an additional 104 shares during the period. Financial Management Professionals Inc. acquired a new position in Adtalem Global Education during the 1st quarter valued at approximately $31,000. USA Financial Formulas boosted its position in Adtalem Global Education by 214.9% during the 1st quarter. USA Financial Formulas now owns 888 shares of the company's stock valued at $89,000 after purchasing an additional 606 shares during the period. Skandinaviska Enskilda Banken AB publ grew its stake in Adtalem Global Education by 10,488.9% during the 1st quarter. Skandinaviska Enskilda Banken AB publ now owns 953 shares of the company's stock worth $96,000 after buying an additional 944 shares during the last quarter. Finally, GAMMA Investing LLC increased its position in Adtalem Global Education by 17.5% in the first quarter. GAMMA Investing LLC now owns 1,720 shares of the company's stock worth $173,000 after buying an additional 256 shares during the period. Institutional investors own 98.84% of the company's stock.

Insider Activity at Adtalem Global Education

In other news, Director Lisa W. Wardell sold 25,477 shares of the firm's stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $132.38, for a total value of $3,372,645.26. Following the transaction, the director directly owned 43,451 shares in the company, valued at $5,752,043.38. This trade represents a 36.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Manjunath Gangadharan sold 944 shares of the stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $135.67, for a total value of $128,072.48. Following the completion of the sale, the chief accounting officer owned 4,901 shares of the company's stock, valued at $664,918.67. This trade represents a 16.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 57,713 shares of company stock valued at $7,702,094. 2.00% of the stock is owned by corporate insiders.

Adtalem Global Education Price Performance

Shares of Adtalem Global Education stock opened at $135.47 on Tuesday. The stock has a market capitalization of $4.87 billion, a price-to-earnings ratio of 21.89, a P/E/G ratio of 1.18 and a beta of 0.94. The firm's 50-day moving average price is $124.81 and its two-hundred day moving average price is $117.53. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.39. Adtalem Global Education Inc. has a 1-year low of $71.09 and a 1-year high of $140.12.

Adtalem Global Education (NYSE:ATGE - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $1.66 earnings per share for the quarter, beating the consensus estimate of $1.51 by $0.15. Adtalem Global Education had a net margin of 13.26% and a return on equity of 17.95%. The firm had revenue of $457.11 million during the quarter, compared to analysts' expectations of $440.93 million. During the same quarter last year, the company posted $1.37 EPS. The company's quarterly revenue was up 11.5% compared to the same quarter last year. Adtalem Global Education has set its FY 2026 guidance at 7.600-7.900 EPS. On average, equities analysts predict that Adtalem Global Education Inc. will post 6.2 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently commented on ATGE. Barrington Research upped their price target on shares of Adtalem Global Education from $140.00 to $150.00 and gave the stock an "outperform" rating in a research report on Friday, August 8th. Zacks Research cut shares of Adtalem Global Education from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 19th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $139.00.

Read Our Latest Analysis on Adtalem Global Education

Adtalem Global Education Company Profile

(Free Report)

Adtalem Global Education Inc provides workforce solutions worldwide. It operates through three segments, Chamberlain, Walden, and Medical and Veterinary. The Chamberlain segment offers degree and non-degree programs in the nursing and health professions postsecondary education industry. This segment operates Chamberlain University.

Further Reading

Institutional Ownership by Quarter for Adtalem Global Education (NYSE:ATGE)

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