Allianz Asset Management GmbH Sells 18,488 Shares of Adtalem Global Education Inc. $ATGE

Allianz Asset Management GmbH decreased its stake in Adtalem Global Education Inc. (NYSE:ATGE) by 6.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 282,061 shares of the company’s stock after selling 18,488 shares during the period. Allianz Asset Management GmbH’s holdings in Adtalem Global Education were worth $43,564,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Salomon & Ludwin LLC acquired a new stake in shares of Adtalem Global Education during the 3rd quarter worth approximately $28,000. Penserra Capital Management LLC bought a new position in shares of Adtalem Global Education during the 2nd quarter worth about $28,000. UMB Bank n.a. grew its stake in shares of Adtalem Global Education by 79.7% in the 3rd quarter. UMB Bank n.a. now owns 266 shares of the company’s stock valued at $41,000 after buying an additional 118 shares during the period. Allworth Financial LP increased its position in Adtalem Global Education by 82.9% in the 2nd quarter. Allworth Financial LP now owns 342 shares of the company’s stock valued at $44,000 after buying an additional 155 shares in the last quarter. Finally, SBI Securities Co. Ltd. raised its stake in Adtalem Global Education by 727.9% during the 2nd quarter. SBI Securities Co. Ltd. now owns 356 shares of the company’s stock worth $45,000 after buying an additional 313 shares during the period. 98.84% of the stock is currently owned by institutional investors.

Adtalem Global Education Stock Up 2.7%

ATGE opened at $103.12 on Friday. Adtalem Global Education Inc. has a fifty-two week low of $86.26 and a fifty-two week high of $156.26. The firm has a market capitalization of $3.56 billion, a P/E ratio of 15.14, a PEG ratio of 0.85 and a beta of 0.71. The company’s 50-day moving average is $105.46 and its 200 day moving average is $119.51. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.68 and a quick ratio of 0.68.

Adtalem Global Education (NYSE:ATGE) last posted its quarterly earnings data on Wednesday, January 28th. The company reported $2.43 EPS 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 analyst estimates of $488.72 million. During the same quarter last year, the business posted $1.81 EPS. The company’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. Research analysts expect that Adtalem Global Education Inc. will post 6.2 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on ATGE shares. Robert W. Baird set a $163.00 price objective on Adtalem Global Education in a report on Friday, October 31st. BMO Capital Markets restated an “outperform” rating and set a $138.00 price target on shares of Adtalem Global Education in a research note on Friday, January 30th. 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. Finally, Barrington Research reiterated an “outperform” rating and set a $170.00 price objective on shares of Adtalem Global Education in a report on Thursday, January 29th. Three 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, Adtalem Global Education presently has an average rating of “Moderate Buy” and a consensus price target of $151.50.

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.