Perdoceo Education Corporation $PRDO is Kennondale Capital Management LLC’s 2nd Largest Position

Kennondale Capital Management LLC grew its stake in shares of Perdoceo Education Corporation (NASDAQ:PRDO) by 42.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 112,476 shares of the company’s stock after acquiring an additional 33,722 shares during the quarter. Perdoceo Education comprises about 3.2% of Kennondale Capital Management LLC’s investment portfolio, making the stock its 2nd biggest holding. Kennondale Capital Management LLC owned 0.17% of Perdoceo Education worth $4,236,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Elo Mutual Pension Insurance Co lifted its position in Perdoceo Education by 93.2% during the third quarter. Elo Mutual Pension Insurance Co now owns 28,597 shares of the company’s stock valued at $1,077,000 after purchasing an additional 13,792 shares during the period. American Century Companies Inc. grew its position in Perdoceo Education by 1.6% in the 3rd quarter. American Century Companies Inc. now owns 1,850,189 shares of the company’s stock worth $69,678,000 after purchasing an additional 29,927 shares during the period. Quantbot Technologies LP purchased a new stake in Perdoceo Education during the 3rd quarter valued at $175,000. Handelsbanken Fonder AB lifted its holdings in shares of Perdoceo Education by 29.9% during the 3rd quarter. Handelsbanken Fonder AB now owns 25,200 shares of the company’s stock valued at $949,000 after buying an additional 5,800 shares during the period. Finally, R Squared Ltd bought a new position in shares of Perdoceo Education during the 3rd quarter valued at $513,000. 93.46% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

PRDO has been the subject of several research analyst reports. Zacks Research raised Perdoceo Education from a “hold” rating to a “strong-buy” rating in a report on Friday, February 20th. Weiss Ratings reissued a “buy (b)” rating on shares of Perdoceo Education in a research report on Thursday, January 22nd. Wall Street Zen downgraded Perdoceo Education from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, November 12th. Finally, Barrington Research reaffirmed an “outperform” rating and set a $42.00 price target on shares of Perdoceo Education in a research report on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $42.00.

Insider Transactions at Perdoceo Education

In other Perdoceo Education news, SVP David C. Czeszewski sold 36,225 shares of the stock in a transaction on 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 sale, the senior vice president owned 68,875 shares in the company, valued at approximately $2,259,788.75. This represents a 34.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 2.11% of the company’s stock.

Perdoceo Education Stock Up 0.2%

PRDO stock opened at $33.41 on Tuesday. Perdoceo Education Corporation has a twelve month low of $23.87 and a twelve month high of $38.02. The company has a quick ratio of 5.03, a current ratio of 5.06 and a debt-to-equity ratio of 0.04. The stock has a market cap of $2.09 billion, a P/E ratio of 13.86, a PEG ratio of 0.73 and a beta of 0.89. The business’s 50-day moving average price is $31.46 and its 200-day moving average price is $32.18.

Perdoceo Education (NASDAQ:PRDO) last released its earnings results on Thursday, February 19th. The company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.05. Perdoceo Education had a net margin of 18.90% and a return on equity of 17.59%. The company had revenue of $211.64 million during the quarter, compared to analyst estimates of $209.95 million. During the same period in the prior year, the firm posted $0.50 EPS. The firm’s quarterly revenue was up 20.0% compared to the same quarter last year. 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. On average, equities research analysts forecast that Perdoceo Education Corporation will post 2.41 EPS for the current year.

Perdoceo Education Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Monday, March 2nd will be paid a dividend of $0.15 per share. The ex-dividend date is Monday, March 2nd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.8%. Perdoceo Education’s payout ratio is 24.90%.

About Perdoceo Education

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.