Copeland Capital Management LLC Buys 137,285 Shares of Perdoceo Education Corporation $PRDO

Copeland Capital Management LLC lifted its stake in shares of Perdoceo Education Corporation (NASDAQ:PRDO) by 8.0% in the 1st quarter, Holdings Channel reports. The institutional investor owned 1,854,135 shares of the company’s stock after purchasing an additional 137,285 shares during the quarter. Perdoceo Education accounts for about 1.5% of Copeland Capital Management LLC’s portfolio, making the stock its 14th largest position. Copeland Capital Management LLC’s holdings in Perdoceo Education were worth $68,992,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Salomon & Ludwin LLC boosted its holdings in shares of Perdoceo Education by 72.6% during the 4th quarter. Salomon & Ludwin LLC now owns 811 shares of the company’s stock valued at $25,000 after acquiring an additional 341 shares in the last quarter. Fifth Third Bancorp increased its holdings in Perdoceo Education by 108.2% in the 4th quarter. Fifth Third Bancorp now owns 970 shares of the company’s stock worth $28,000 after purchasing an additional 504 shares in the last quarter. IFP Advisors Inc increased its holdings in Perdoceo Education by 34.6% in the 4th quarter. IFP Advisors Inc now owns 1,363 shares of the company’s stock worth $40,000 after purchasing an additional 350 shares in the last quarter. Rockefeller Capital Management L.P. raised its position in Perdoceo Education by 48.8% in the fourth quarter. Rockefeller Capital Management L.P. now owns 2,132 shares of the company’s stock valued at $63,000 after purchasing an additional 699 shares during the last quarter. Finally, Mcguire Capital Advisors Inc. acquired a new stake in shares of Perdoceo Education during the fourth quarter valued at about $69,000. 93.46% of the stock is currently owned by institutional investors.

Insider Activity at Perdoceo Education

In related news, SVP Julia A. Leeman sold 11,315 shares of the stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $35.51, for a total transaction of $401,795.65. Following the transaction, the senior vice president directly owned 21,924 shares of the company’s stock, valued at $778,521.24. This represents a 34.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Michele A. Peppers sold 14,000 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $34.50, for a total transaction of $483,000.00. Following the completion of the sale, the insider owned 35,748 shares of the company’s stock, valued at $1,233,306. The trade was a 28.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 38,270 shares of company stock worth $1,336,193 over the last quarter. 1.46% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

PRDO has been the subject of several recent research reports. Barrington Research set a $44.00 price target on shares of Perdoceo Education in a research report on Friday, May 8th. Zacks Research downgraded Perdoceo Education from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Perdoceo Education in a research note on Tuesday, April 21st. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $44.00.

Perdoceo Education Stock Down 2.6%

PRDO stock opened at $31.66 on Friday. The firm has a market cap of $1.99 billion, a price-to-earnings ratio of 12.13, a PEG ratio of 0.70 and a beta of 0.70. Perdoceo Education Corporation has a 12-month low of $26.66 and a 12-month high of $38.50. The company’s fifty day simple moving average is $33.79 and its 200 day simple moving average is $33.62.

Perdoceo Education (NASDAQ:PRDO) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.90 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $0.06. Perdoceo Education had a net margin of 19.91% and a return on equity of 18.51%. The business had revenue of $221.74 million for the quarter, compared to analysts’ expectations of $218.40 million. During the same quarter in the prior year, the firm posted $0.70 earnings per share. The business’s quarterly revenue was up 4.1% compared to the same quarter last year. Perdoceo Education has set its FY 2026 guidance at 3.050-3.160 EPS and its Q2 2026 guidance at 0.790-0.800 EPS. Research analysts expect that Perdoceo Education Corporation will post 3.11 earnings per share for the current year.

Perdoceo Education Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Monday, June 1st were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date was Monday, June 1st. Perdoceo Education’s payout ratio is presently 22.99%.

Perdoceo Education Company Profile

Perdoceo Education Corporation (NASDAQ: PRDO) is a for-profit postsecondary education provider offering certificate, associate, bachelor’s and master’s degree programs. The company operates primarily through two brand platforms—Colorado Technical University and American InterContinental University—delivering career-focused education both on campus and online. These programs span fields such as business, information technology, healthcare and criminal justice, targeting working adults seeking to advance or pivot their careers.

With headquarters in Schaumburg, Illinois, Perdoceo serves students across the United States and internationally through its online offerings.