Principal Financial Group Inc. Increases Stake in Adtalem Global Education Inc. $ATGE

Principal Financial Group Inc. increased its position in Adtalem Global Education Inc. (NYSE:ATGE) by 2.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 197,565 shares of the company’s stock after buying an additional 4,975 shares during the quarter. Principal Financial Group Inc.’s holdings in Adtalem Global Education were worth $30,514,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Goldman Sachs Group Inc. increased its position in shares of Adtalem Global Education by 124.3% in the first quarter. Goldman Sachs Group Inc. now owns 699,027 shares of the company’s stock valued at $70,350,000 after acquiring an additional 387,330 shares during the period. Arrowstreet Capital Limited Partnership grew its stake in shares of Adtalem Global Education by 2.6% in the second quarter. Arrowstreet Capital Limited Partnership now owns 660,433 shares of the company’s stock worth $84,027,000 after purchasing an additional 16,663 shares during the last quarter. Allspring Global Investments Holdings LLC increased its holdings in Adtalem Global Education by 444.8% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 605,137 shares of the company’s stock valued at $90,940,000 after purchasing an additional 494,058 shares during the period. Invesco Ltd. raised its position in Adtalem Global Education by 8.4% during the 2nd quarter. Invesco Ltd. now owns 479,981 shares of the company’s stock valued at $61,068,000 after purchasing an additional 37,036 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its holdings in Adtalem Global Education by 96.5% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 428,966 shares of the company’s stock worth $66,254,000 after buying an additional 210,709 shares during the period. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Wall Street Analyst Weigh In

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

Adtalem Global Education Stock Performance

Shares of ATGE opened at $104.34 on Friday. Adtalem Global Education Inc. has a 12 month low of $86.26 and a 12 month high of $156.26. The business’s fifty day simple moving average is $105.69 and its two-hundred day simple moving average is $119.43. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.37. The company has a market cap of $3.60 billion, a price-to-earnings ratio of 15.32, a P/E/G ratio of 0.87 and a beta of 0.71.

Adtalem Global Education (NYSE:ATGE) last released 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 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 analysts’ expectations of $488.72 million. During the same period last year, the firm posted $1.81 earnings per share. Adtalem Global Education’s revenue was up 12.4% compared to the same quarter last year. Adtalem Global Education has set its FY 2026 guidance at 7.800-8.000 EPS. Research analysts anticipate that Adtalem Global Education Inc. will post 6.2 earnings per share for the current fiscal 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.