49,662 Shares in Adtalem Global Education Inc. $ATGE Purchased by Lansforsakringar Fondforvaltning AB publ

Lansforsakringar Fondforvaltning AB publ bought a new stake in shares of Adtalem Global Education Inc. (NYSE:ATGE) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 49,662 shares of the company’s stock, valued at approximately $7,670,000. Lansforsakringar Fondforvaltning AB publ owned approximately 0.14% of Adtalem Global Education as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Salomon & Ludwin LLC purchased a new stake in shares of Adtalem Global Education in the 3rd quarter worth approximately $28,000. Penserra Capital Management LLC bought a new stake in Adtalem Global Education in the second quarter worth $28,000. UMB Bank n.a. grew its stake 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 during the last quarter. Allworth Financial LP increased its holdings in shares of Adtalem Global Education by 82.9% during the second quarter. Allworth Financial LP now owns 342 shares of the company’s stock valued at $44,000 after acquiring an additional 155 shares in the last quarter. Finally, SBI Securities Co. Ltd. increased its holdings in shares of Adtalem Global Education by 727.9% during the second quarter. SBI Securities Co. Ltd. now owns 356 shares of the company’s stock valued at $45,000 after acquiring an additional 313 shares in the last quarter. 98.84% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

Adtalem Global Education Stock Performance

Shares of NYSE ATGE opened at $98.54 on Wednesday. The firm’s 50-day moving average price is $106.25 and its 200-day moving average price is $117.91. Adtalem Global Education Inc. has a 52-week low of $86.26 and a 52-week high of $156.26. The company has a market cap of $3.40 billion, a PE ratio of 14.47, a PEG ratio of 0.83 and a beta of 0.71. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.37.

Adtalem Global Education (NYSE:ATGE) last released its quarterly earnings data 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 net margin of 13.41% and a return on equity of 20.24%. The firm had revenue of $503.39 million during the quarter, compared to analysts’ expectations of $488.72 million. During the same period in the previous year, the company earned $1.81 earnings per share. The firm’s quarterly 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. As a group, analysts anticipate that Adtalem Global Education Inc. will post 6.2 EPS for the current 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.