Vontobel Holding Ltd. Trims Stake in Adtalem Global Education Inc. $ATGE

Vontobel Holding Ltd. reduced its position in Adtalem Global Education Inc. (NYSE:ATGE) by 16.8% in the 2nd quarter, Holdings Channel reports. The firm owned 2,129 shares of the company’s stock after selling 430 shares during the period. Vontobel Holding Ltd.’s holdings in Adtalem Global Education were worth $271,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in ATGE. Sachetta LLC acquired a new position in Adtalem Global Education during the second quarter worth approximately $25,000. Fifth Third Bancorp boosted its holdings in shares of Adtalem Global Education by 56.8% in the first quarter. Fifth Third Bancorp now owns 287 shares of the company’s stock valued at $29,000 after acquiring an additional 104 shares during the period. Skandinaviska Enskilda Banken AB publ raised its position in Adtalem Global Education by 10,488.9% in the 1st quarter. Skandinaviska Enskilda Banken AB publ now owns 953 shares of the company’s stock valued at $96,000 after purchasing an additional 944 shares during the last quarter. GAMMA Investing LLC raised its position in Adtalem Global Education by 17.5% in the 1st quarter. GAMMA Investing LLC now owns 1,720 shares of the company’s stock valued at $173,000 after purchasing an additional 256 shares during the last quarter. Finally, Public Employees Retirement System of Ohio raised its position in Adtalem Global Education by 100.4% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 1,471 shares of the company’s stock valued at $187,000 after purchasing an additional 737 shares during the last quarter. Institutional investors and hedge funds own 98.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on ATGE. Barrington Research lifted their price objective on shares of Adtalem Global Education from $150.00 to $170.00 and gave the company an “outperform” rating in a research note on Wednesday. Wall Street Zen lowered Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 20th. Zacks Research cut Adtalem Global Education from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Adtalem Global Education in a research report on Wednesday, October 8th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Adtalem Global Education has an average rating of “Moderate Buy” and an average target price of $145.67.

Adtalem Global Education Price Performance

Shares of NYSE ATGE opened at $148.80 on Thursday. The firm has a market capitalization of $5.41 billion, a P/E ratio of 24.04, a PEG ratio of 1.29 and a beta of 0.86. Adtalem Global Education Inc. has a one year low of $71.09 and a one year high of $155.39. The company’s fifty day moving average is $137.92 and its two-hundred day moving average is $124.58. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.82 and a current ratio of 0.82.

Adtalem Global Education (NYSE:ATGE) last announced its quarterly earnings data on Thursday, August 7th. The company reported $1.66 EPS for the quarter, beating the consensus estimate of $1.51 by $0.15. Adtalem Global Education had a net margin of 13.26% and a return on equity of 17.95%. The firm had revenue of $457.11 million during the quarter, compared to analysts’ expectations of $440.93 million. During the same quarter last year, the business earned $1.37 earnings per share. The business’s revenue for the quarter was up 11.5% compared to the same quarter last year. Adtalem Global Education has set its FY 2026 guidance at 7.600-7.900 EPS. Analysts forecast that Adtalem Global Education Inc. will post 6.2 EPS for the current fiscal year.

Insider Buying and Selling

In other Adtalem Global Education news, Director Lisa W. Wardell sold 25,477 shares of the business’s stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $132.38, for a total transaction of $3,372,645.26. Following the sale, the director directly owned 43,451 shares in the company, valued at approximately $5,752,043.38. The trade was a 36.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Manjunath Gangadharan sold 944 shares of the business’s stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $135.67, for a total value of $128,072.48. Following the sale, the chief accounting officer owned 4,901 shares in the company, valued at approximately $664,918.67. The trade was a 16.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 57,713 shares of company stock worth $7,702,094. Insiders own 2.50% of the company’s stock.

About Adtalem Global Education

Adtalem Global Education Inc provides workforce solutions worldwide. It operates through three segments, Chamberlain, Walden, and Medical and Veterinary. The Chamberlain segment offers degree and non-degree programs in the nursing and health professions postsecondary education industry. This segment operates Chamberlain University.