Manning & Napier Advisors LLC Makes New $6.65 Million Investment in Perdoceo Education Corporation $PRDO

Posted by Brian Himes on Aug 25th, 2026

Manning & Napier Advisors LLC purchased a new position in shares of Perdoceo Education Corporation (NASDAQ:PRDO – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 207,935 shares of the company’s stock, valued at approximately $6,654,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. IFP Advisors Inc boosted its holdings in Perdoceo Education by 34.6% during the 4th quarter. IFP Advisors Inc now owns 1,363 shares of the company’s stock valued at $40,000 after acquiring an additional 350 shares during the period. DGS Capital Management LLC increased its stake in Perdoceo Education by 0.9% during the first quarter. DGS Capital Management LLC now owns 47,534 shares of the company’s stock worth $1,769,000 after purchasing an additional 410 shares during the period. Fifth Third Bancorp lifted its position in shares of Perdoceo Education by 108.2% during the fourth 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. Lazard Asset Management LLC lifted its position in shares of Perdoceo Education by 9.1% during the second quarter. Lazard Asset Management LLC now owns 7,280 shares of the company’s stock worth $237,000 after purchasing an additional 605 shares in the last quarter. Finally, LVZ Inc. boosted its stake in shares of Perdoceo Education by 3.7% in the first quarter. LVZ Inc. now owns 17,715 shares of the company’s stock valued at $659,000 after purchasing an additional 636 shares during the period. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Insider Activity at Perdoceo Education

In other Perdoceo Education news, Director Kenda B. Gonzales sold 9,308 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $34.79, for a total transaction of $323,825.32. Following the sale, the director owned 48,158 shares of the company’s stock, valued at approximately $1,675,416.82. This trade represents a 16.20% 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, Chairman Gregory L. Jackson sold 11,271 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $31.78, for a total transaction of $358,192.38. Following the sale, the chairman owned 64,949 shares of the company’s stock, valued at $2,064,079.22. This represents a 14.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.46% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on PRDO shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Perdoceo Education in a research note on Friday, July 17th. Wall Street Zen cut shares of Perdoceo Education from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, Barrington Research set a $44.00 price target on shares of Perdoceo Education in a research note on Friday, May 8th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $44.00.

Get Our Latest Report on Perdoceo Education

Perdoceo Education Stock Down 0.0%

NASDAQ PRDO opened at $33.01 on Tuesday. Perdoceo Education Corporation has a 52 week low of $26.66 and a 52 week high of $38.50. The stock has a market capitalization of $2.07 billion, a PE ratio of 12.05, a price-to-earnings-growth ratio of 0.70 and a beta of 0.71. The firm has a 50 day moving average of $32.77 and a two-hundred day moving average of $33.76.

Perdoceo Education (NASDAQ:PRDO – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.80 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.80. The business had revenue of $213.35 million for the quarter, compared to analyst estimates of $212.50 million. Perdoceo Education had a net margin of 20.62% and a return on equity of 18.93%. The company’s revenue was up 1.8% on a year-over-year basis. During the same period last year, the business earned $0.67 EPS. Perdoceo Education has set its Q3 2026 guidance at 0.730-0.740 EPS and its FY 2026 guidance at 3.100-3.160 EPS. On average, equities research analysts expect that Perdoceo Education Corporation will post 3.13 earnings per share for the current fiscal year.

Perdoceo Education Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.17 per share. This is a boost from Perdoceo Education’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.68 annualized dividend and a dividend yield of 2.1%. Perdoceo Education’s dividend payout ratio is 21.90%.

About Perdoceo Education

(Free Report)

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.