Navellier & Associates Inc. Acquires 4,982 Shares of Adtalem Global Education Inc. $ATGE

Navellier & Associates Inc. increased its holdings in Adtalem Global Education Inc. (NYSE:ATGE) by 77.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,405 shares of the company’s stock after purchasing an additional 4,982 shares during the period. Navellier & Associates Inc.’s holdings in Adtalem Global Education were worth $1,762,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Royal Bank of Canada raised its holdings in Adtalem Global Education by 30.5% during the first quarter. Royal Bank of Canada now owns 11,589 shares of the company’s stock valued at $1,166,000 after buying an additional 2,706 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Adtalem Global Education by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,313 shares of the company’s stock valued at $2,246,000 after acquiring an additional 974 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Adtalem Global Education by 124.3% in the 1st 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 in the last quarter. Great Lakes Advisors LLC acquired a new stake in Adtalem Global Education in the 1st quarter worth approximately $232,000. Finally, United Services Automobile Association bought a new stake in Adtalem Global Education during the first quarter worth approximately $248,000. 98.84% of the stock is owned by institutional investors and hedge funds.

Adtalem Global Education Price Performance

Shares of NYSE:ATGE opened at $100.75 on Wednesday. The firm has a market capitalization of $3.48 billion, a PE ratio of 14.79, a PEG ratio of 0.87 and a beta of 0.71. Adtalem Global Education Inc. has a 1-year low of $86.26 and a 1-year high of $156.26. The business’s 50 day moving average is $106.00 and its 200-day moving average is $119.31. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.37.

Adtalem Global Education (NYSE:ATGE) last announced its quarterly earnings results on Wednesday, January 28th. The company reported $2.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.19 by $0.24. The firm had revenue of $503.39 million for the quarter, compared to analyst estimates of $488.72 million. Adtalem Global Education had a net margin of 13.41% and a return on equity of 20.24%. The business’s revenue for the quarter was up 12.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.81 EPS. Adtalem Global Education has set its FY 2026 guidance at 7.800-8.000 EPS. Sell-side analysts predict that Adtalem Global Education Inc. will post 6.2 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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