Cambria Investment Management L.P. Sells 189,350 Shares of Adtalem Global Education Inc. $ATGE

Cambria Investment Management L.P. cut its position in Adtalem Global Education Inc. (NYSE:ATGE) by 96.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,846 shares of the company’s stock after selling 189,350 shares during the quarter. Cambria Investment Management L.P.’s holdings in Adtalem Global Education were worth $1,057,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. MorganRosel Wealth Management LLC raised its position in Adtalem Global Education by 0.9% during the third quarter. MorganRosel Wealth Management LLC now owns 9,298 shares of the company’s stock worth $1,436,000 after acquiring an additional 84 shares in the last quarter. Quadrant Capital Group LLC grew 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 acquiring an additional 88 shares during the period. Nisa Investment Advisors LLC increased its stake in shares of Adtalem Global Education by 13.5% during the 3rd quarter. Nisa Investment Advisors LLC now owns 950 shares of the company’s stock worth $147,000 after purchasing an additional 113 shares during the last quarter. UMB Bank n.a. increased its stake in shares of 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 purchasing an additional 118 shares during the last quarter. Finally, Lido Advisors LLC raised its holdings in shares of Adtalem Global Education by 5.8% in the 3rd quarter. Lido Advisors LLC now owns 2,170 shares of the company’s stock valued at $335,000 after purchasing an additional 119 shares during the period. 98.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ATGE has been the subject of several recent analyst reports. Barrington Research reiterated an “outperform” rating and set a $170.00 price target on shares of Adtalem Global Education in a report on Thursday, January 29th. Weiss Ratings lowered Adtalem Global Education from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $138.00 price objective on shares of Adtalem Global Education in a research report on Friday, January 30th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $151.50.

Adtalem Global Education Trading Up 2.0%

Shares of Adtalem Global Education stock opened at $98.54 on Friday. The firm has a 50-day moving average of $104.12 and a 200-day moving average of $114.31. The stock has a market cap of $3.40 billion, a PE ratio of 14.47, a PEG ratio of 0.83 and a beta of 0.71. Adtalem Global Education Inc. has a 52-week low of $86.26 and a 52-week high of $156.26. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.68 and a current ratio of 0.68.

Adtalem Global Education (NYSE:ATGE) last released its quarterly earnings results on Wednesday, January 28th. The company reported $2.43 EPS 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 for the quarter, compared to analyst estimates of $488.72 million. During the same period last year, the firm earned $1.81 earnings per share. Adtalem Global Education’s revenue for the quarter 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. As a group, sell-side analysts forecast 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.