Adtalem Global Education Inc. $ATGE Shares Purchased by Russell Investments Group Ltd.

Key Points

• Russell Investments Group Ltd. increased its stake in Adtalem Global Education by 34.7%, acquiring 19,191 shares, leading to a total ownership of 74,551 shares valued at approximately $7.5 million.
• Adtalem Global Education reported earnings per share of $1.66, exceeding analysts' expectations, and set its FY 2026 EPS guidance between $7.600 and $7.900.
• Institutional investors hold 98.84% of Adtalem Global Education’s stock, with several hedge funds significantly increasing their positions during the first quarter.

Russell Investments Group Ltd. raised its stake in shares of Adtalem Global Education Inc. (NYSE:ATGE - Free Report) by 34.7% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 74,551 shares of the company's stock after buying an additional 19,191 shares during the period. Russell Investments Group Ltd. owned about 0.20% of Adtalem Global Education worth $7,503,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of ATGE. GAMMA Investing LLC raised its position in shares of 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 acquiring an additional 256 shares during the period. Fifth Third Bancorp grew its holdings 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 purchasing an additional 104 shares during the period. Vontobel Holding Ltd. increased its position in shares of Adtalem Global Education by 6.4% in the first quarter. Vontobel Holding Ltd. now owns 2,559 shares of the company's stock valued at $258,000 after buying an additional 155 shares in the last quarter. Kendall Capital Management acquired a new position in shares of Adtalem Global Education during the 1st quarter worth approximately $224,000. Finally, Allianz SE purchased a new position in shares of Adtalem Global Education during the 1st quarter valued at approximately $449,000. Institutional investors and hedge funds own 98.84% of the company's stock.

Insider Transactions at Adtalem Global Education

In other news, Director William W. Burke sold 2,291 shares of Adtalem Global Education stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $128.35, for a total transaction of $294,049.85. Following the sale, the director owned 9,368 shares in the company, valued at approximately $1,202,382.80. The trade was a 19.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Lisa W. Wardell sold 12,900 shares of the company's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $132.90, for a total transaction of $1,714,410.00. Following the completion of the sale, the director owned 92,477 shares of the company's stock, valued at approximately $12,290,193.30. This trade represents a 12.24% decrease in their position. The disclosure for this sale can be found here. Insiders own 2.00% of the company's stock.

Analyst Upgrades and Downgrades

ATGE has been the subject of several research reports. BMO Capital Markets boosted their price objective on Adtalem Global Education from $115.00 to $132.00 and gave the stock an "outperform" rating in a research note on Monday, May 12th. Barrington Research raised their price objective on Adtalem Global Education from $140.00 to $150.00 and gave the company an "outperform" rating in a report on Friday, August 8th. Finally, 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 issued a Hold rating to the company's stock. According to MarketBeat, Adtalem Global Education currently has an average rating of "Moderate Buy" and an average price target of $139.00.

Adtalem Global Education Trading Up 0.3%

Shares of NYSE:ATGE traded up $0.4550 during midday trading on Monday, reaching $135.3350. 356,546 shares of the company's stock were exchanged, compared to its average volume of 424,628. The stock has a market cap of $4.87 billion, a price-to-earnings ratio of 21.86, a P/E/G ratio of 1.17 and a beta of 0.88. Adtalem Global Education Inc. has a fifty-two week low of $68.60 and a fifty-two week high of $140.12. The firm's 50 day simple moving average is $121.84 and its two-hundred day simple moving average is $114.22. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.82 and a quick ratio of 0.82.

Adtalem Global Education (NYSE:ATGE - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The company reported $1.66 EPS for the quarter, topping analysts' consensus estimates of $1.51 by $0.15. Adtalem Global Education had a return on equity of 17.95% and a net margin of 13.26%.The company had revenue of $457.11 million for the quarter, compared to analysts' expectations of $440.93 million. During the same period in the prior year, the firm earned $1.37 earnings per share. The firm's 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. As a group, sell-side analysts forecast that Adtalem Global Education Inc. will post 6.2 EPS for the current fiscal year.

Adtalem Global Education announced that its Board of Directors has approved a stock buyback plan on Tuesday, May 6th that authorizes the company to repurchase $150.00 million in shares. This repurchase authorization authorizes the company to reacquire up to 3.6% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's leadership believes its shares are undervalued.

About Adtalem Global Education

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.