Horizon Investment Services LLC Grows Position in Adtalem Global Education Inc. $ATGE

Horizon Investment Services LLC grew its holdings in Adtalem Global Education Inc. (NYSE:ATGE) by 230.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,827 shares of the company’s stock after purchasing an additional 7,548 shares during the period. Horizon Investment Services LLC’s holdings in Adtalem Global Education were worth $1,672,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the company. MorganRosel Wealth Management LLC lifted its position in shares of Adtalem Global Education by 0.9% in the 3rd quarter. MorganRosel Wealth Management LLC now owns 9,298 shares of the company’s stock worth $1,436,000 after purchasing an additional 84 shares during the period. Quadrant Capital Group LLC raised its position in shares of Adtalem Global Education by 1.5% in the 2nd quarter. Quadrant Capital Group LLC now owns 5,878 shares of the company’s stock valued at $748,000 after purchasing an additional 88 shares during the last quarter. Nisa Investment Advisors LLC increased its position in shares of Adtalem Global Education by 13.5% in the 3rd quarter. Nisa Investment Advisors LLC now owns 950 shares of the company’s stock valued at $147,000 after acquiring an additional 113 shares during the period. UMB Bank n.a. raised its position in Adtalem Global Education by 79.7% during the 3rd quarter. UMB Bank n.a. now owns 266 shares of the company’s stock worth $41,000 after buying an additional 118 shares during the last quarter. Finally, Keeler Thomas Management LLC raised its stake in shares of Adtalem Global Education by 1.1% during the 3rd quarter. Keeler Thomas Management LLC now owns 11,141 shares of the company’s stock valued at $1,721,000 after buying an additional 122 shares during the last quarter. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Wall Street Analyst Weigh In

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

Adtalem Global Education Trading Up 1.1%

NYSE ATGE opened at $100.53 on Thursday. The firm’s fifty day moving average is $105.25 and its two-hundred day moving average is $119.62. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.68 and a current ratio of 0.68. The firm has a market cap of $3.47 billion, a PE ratio of 14.76, a P/E/G ratio of 0.84 and a beta of 0.71. Adtalem Global Education Inc. has a one year low of $86.26 and a one year high of $156.26.

Adtalem Global Education (NYSE:ATGE) last announced its earnings results 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 return on equity of 20.24% and a net margin of 13.41%.The company had revenue of $503.39 million for the quarter, compared to the consensus estimate of $488.72 million. During the same period last year, the business posted $1.81 EPS. The company’s 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. Analysts expect that Adtalem Global Education Inc. will post 6.2 earnings per share for the current year.

Adtalem Global Education Company 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.