Wealth Enhancement Advisory Services LLC Makes New $233,000 Investment in Adtalem Global Education Inc. $ATGE

Key Points

• Wealth Enhancement Advisory Services LLC has acquired a new stake in Adtalem Global Education Inc., purchasing 1,897 shares valued at approximately $233,000.
• Adtalem's earnings report revealed $1.66 earnings per share for the quarter, exceeding analysts' expectations, and the company has set FY 2026 guidance at 7.600-7.900 EPS.
• Institutional investors control 98.84% of Adtalem's stock, indicating strong institutional interest in the company's performance and prospects.

Wealth Enhancement Advisory Services LLC acquired a new stake in Adtalem Global Education Inc. (NYSE:ATGE - Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 1,897 shares of the company's stock, valued at approximately $233,000.

Several other institutional investors have also bought and sold shares of the stock. Goldman Sachs Group Inc. increased its position in shares of Adtalem Global Education by 124.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 699,027 shares of the company's stock worth $70,350,000 after purchasing an additional 387,330 shares in the last quarter. Northern Trust Corp grew its position in Adtalem Global Education by 8.0% during the 1st quarter. Northern Trust Corp now owns 511,966 shares of the company's stock worth $51,524,000 after acquiring an additional 37,742 shares during the last quarter. Invesco Ltd. increased its holdings in Adtalem Global Education by 13.3% during the 1st quarter. Invesco Ltd. now owns 442,945 shares of the company's stock valued at $44,578,000 after purchasing an additional 52,013 shares in the last quarter. Boston Partners raised its position in Adtalem Global Education by 11.3% in the 1st quarter. Boston Partners now owns 435,060 shares of the company's stock valued at $43,876,000 after purchasing an additional 44,110 shares during the last quarter. Finally, Allianz Asset Management GmbH raised its position in Adtalem Global Education by 58.2% in the 1st quarter. Allianz Asset Management GmbH now owns 409,437 shares of the company's stock valued at $41,206,000 after purchasing an additional 150,702 shares during the last quarter. Institutional investors and hedge funds own 98.84% of the company's stock.

Adtalem Global Education Price Performance

Shares of NYSE ATGE opened at $142.51 on Friday. The firm has a market cap of $5.18 billion, a PE ratio of 23.02, a PEG ratio of 1.24 and a beta of 0.86. 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 $155.39. The company has a fifty day moving average price of $136.03 and a 200 day moving average price of $123.63.

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

Insiders Place Their Bets

In related news, CAO Manjunath Gangadharan sold 944 shares of the company's stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $135.67, for a total value of $128,072.48. Following the completion of the transaction, the chief accounting officer directly owned 4,901 shares of the company's stock, valued at approximately $664,918.67. This represents a 16.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Lisa W. Wardell sold 25,477 shares of the business's stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $132.38, for a total transaction of $3,372,645.26. Following the sale, 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 ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 57,713 shares of company stock valued at $7,702,094. Company insiders own 2.50% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Barrington Research reiterated an "outperform" rating and issued a $150.00 price objective on shares of Adtalem Global Education in a research report on Tuesday, September 23rd. Wall Street Zen lowered shares of Adtalem Global Education from a "strong-buy" rating to a "buy" rating in a report on Saturday, September 20th. Zacks Research lowered shares of Adtalem Global Education from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 19th. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of Adtalem Global Education in a report on Wednesday. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $139.00.

Adtalem Global Education Profile

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.

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