Grantham Mayo Van Otterloo & Co. LLC Sells 31,169 Shares of Perdoceo Education Corporation $PRDO

Grantham Mayo Van Otterloo & Co. LLC trimmed its position in Perdoceo Education Corporation (NASDAQ:PRDO) by 18.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 142,338 shares of the company’s stock after selling 31,169 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC owned approximately 0.22% of Perdoceo Education worth $5,360,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Blue Trust Inc. grew its position in shares of Perdoceo Education by 81.5% during the 3rd quarter. Blue Trust Inc. now owns 833 shares of the company’s stock worth $31,000 after buying an additional 374 shares during the period. Global Retirement Partners LLC lifted its holdings in Perdoceo Education by 49.9% in the third quarter. Global Retirement Partners LLC now owns 1,154 shares of the company’s stock valued at $43,000 after buying an additional 384 shares during the period. Vanguard Personalized Indexing Management LLC lifted its holdings in Perdoceo Education by 4.1% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 10,579 shares of the company’s stock valued at $398,000 after buying an additional 414 shares during the period. Richardson Financial Services Inc. boosted its stake in Perdoceo Education by 166.2% in the third quarter. Richardson Financial Services Inc. now owns 836 shares of the company’s stock valued at $31,000 after acquiring an additional 522 shares during the last quarter. Finally, Lazard Asset Management LLC boosted its stake in Perdoceo Education by 9.1% in the second quarter. Lazard Asset Management LLC now owns 7,280 shares of the company’s stock valued at $237,000 after acquiring an additional 605 shares during the last quarter. 93.46% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have commented on PRDO shares. Barrington Research reiterated an “outperform” rating and set a $42.00 target price on shares of Perdoceo Education in a research report on Monday, January 5th. Zacks Research upgraded Perdoceo Education from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 20th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Perdoceo Education in a research note on Thursday, January 22nd. Finally, Wall Street Zen downgraded Perdoceo Education from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 12th. One investment analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $42.00.

Perdoceo Education Stock Up 0.6%

Shares of NASDAQ PRDO opened at $34.62 on Tuesday. Perdoceo Education Corporation has a 52-week low of $23.87 and a 52-week high of $38.02. The company has a debt-to-equity ratio of 0.04, a quick ratio of 5.03 and a current ratio of 5.06. The stock has a market cap of $2.16 billion, a P/E ratio of 14.37, a P/E/G ratio of 0.75 and a beta of 0.89. The firm has a 50 day moving average price of $31.92 and a 200 day moving average price of $32.25.

Perdoceo Education (NASDAQ:PRDO) last posted its earnings results on Thursday, February 19th. The company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.05. The company had revenue of $211.64 million for the quarter, compared to analyst estimates of $209.95 million. Perdoceo Education had a net margin of 18.90% and a return on equity of 17.59%. The business’s revenue for the quarter was up 20.0% compared to the same quarter last year. During the same period last year, the business posted $0.50 earnings per share. Perdoceo Education has set its Q1 2026 guidance at 0.830-0.850 EPS and its FY 2026 guidance at 2.970-3.120 EPS. Analysts expect that Perdoceo Education Corporation will post 2.41 EPS for the current year.

Perdoceo Education Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Monday, March 2nd will be issued a dividend of $0.15 per share. The ex-dividend date is Monday, March 2nd. This represents a $0.60 annualized dividend and a yield of 1.7%. Perdoceo Education’s payout ratio is currently 24.90%.

Insiders Place Their Bets

In other Perdoceo Education news, SVP David C. Czeszewski sold 36,225 shares of the business’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $32.81, for a total value of $1,188,542.25. Following the completion of the transaction, the senior vice president directly owned 68,875 shares of the company’s stock, valued at approximately $2,259,788.75. The trade was a 34.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 2.11% of the company’s stock.

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.