Adtalem Global Education Inc. $ATGE Shares Acquired by Handelsbanken Fonder AB

Handelsbanken Fonder AB increased its stake in Adtalem Global Education Inc. (NYSE:ATGE) by 83.8% during the third quarter, HoldingsChannel reports. The firm owned 15,618 shares of the company’s stock after acquiring an additional 7,123 shares during the period. Handelsbanken Fonder AB’s holdings in Adtalem Global Education were worth $2,412,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in ATGE. R Squared Ltd purchased a new stake in shares of Adtalem Global Education in the third quarter worth approximately $216,000. Xponance Inc. grew its stake in Adtalem Global Education by 6.9% in the third quarter. Xponance Inc. now owns 3,275 shares of the company’s stock valued at $506,000 after purchasing an additional 210 shares in the last quarter. Thornburg Investment Management Inc. grew its stake in Adtalem Global Education by 19.4% in the third quarter. Thornburg Investment Management Inc. now owns 124,872 shares of the company’s stock valued at $19,286,000 after purchasing an additional 20,257 shares in the last quarter. Intech Investment Management LLC increased its position in Adtalem Global Education by 6.8% in the 3rd quarter. Intech Investment Management LLC now owns 33,460 shares of the company’s stock worth $5,168,000 after purchasing an additional 2,138 shares during the last quarter. Finally, Jag Capital Management LLC purchased a new stake in shares of Adtalem Global Education during the 3rd quarter worth about $237,000. 98.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on ATGE. BMO Capital Markets reaffirmed an “outperform” rating and set a $138.00 price objective on shares of Adtalem Global Education in a research report on Friday, January 30th. Barrington Research restated an “outperform” rating and set a $170.00 price target on shares of Adtalem Global Education in a research note on Thursday, January 29th. Finally, Weiss Ratings downgraded shares of Adtalem Global Education from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $151.50.

Adtalem Global Education Trading Up 2.0%

Shares of ATGE stock opened at $98.54 on Wednesday. Adtalem Global Education Inc. has a 12 month low of $86.26 and a 12 month high of $156.26. The company has a market cap of $3.40 billion, a PE ratio of 14.47, a price-to-earnings-growth 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. The business’s 50 day moving average is $105.98 and its two-hundred day moving average is $116.92.

Adtalem Global Education (NYSE:ATGE) last issued its quarterly earnings data on Wednesday, January 28th. The company reported $2.43 earnings per share for the quarter, topping analysts’ consensus estimates 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 business 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. Adtalem Global Education’s revenue for the quarter 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. Equities analysts predict that Adtalem Global Education Inc. will post 6.2 EPS for the current year.

About Adtalem Global Education

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.