Quantbot Technologies LP Invests $1.26 Million in New Oriental Education & Technology Group, Inc. $EDU

Key Points

• Quantbot Technologies LP has acquired a new position in New Oriental Education & Technology Group, purchasing 26,275 shares valued at approximately $1.26 million in Q1.
• New Oriental Education & Technology Group reported a quarterly earnings per share of $0.61, significantly beating estimates, and an annual revenue growth of 9.4%.
• Recent analyst ratings vary, with firms upgrading and downgrading the stock, resulting in an average rating of "Hold" and a consensus price target of $51.60.

Quantbot Technologies LP bought a new position in shares of New Oriental Education & Technology Group, Inc. (NYSE:EDU - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 26,275 shares of the company's stock, valued at approximately $1,256,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Wellington Management Group LLP increased its stake in shares of New Oriental Education & Technology Group by 15.8% in the 1st quarter. Wellington Management Group LLP now owns 727,016 shares of the company's stock worth $34,759,000 after acquiring an additional 99,330 shares during the last quarter. Triata Capital Ltd acquired a new stake in shares of New Oriental Education & Technology Group in the 1st quarter worth $14,045,000. Discerene Group LP acquired a new stake in shares of New Oriental Education & Technology Group in the 1st quarter worth $75,564,000. Brooklyn Investment Group increased its stake in shares of New Oriental Education & Technology Group by 3,700.0% in the 1st quarter. Brooklyn Investment Group now owns 1,330 shares of the company's stock worth $64,000 after acquiring an additional 1,295 shares during the last quarter. Finally, Summit Securities Group LLC acquired a new stake in shares of New Oriental Education & Technology Group in the 1st quarter worth $136,000.

Analysts Set New Price Targets

EDU has been the subject of a number of recent analyst reports. HSBC downgraded New Oriental Education & Technology Group from a "buy" rating to a "hold" rating in a research report on Wednesday, July 30th. Hsbc Global Res raised New Oriental Education & Technology Group to a "hold" rating in a research report on Wednesday, July 30th. JPMorgan Chase & Co. raised New Oriental Education & Technology Group from a "neutral" rating to an "overweight" rating and raised their price objective for the stock from $48.00 to $62.00 in a research report on Tuesday, June 24th. Wall Street Zen raised New Oriental Education & Technology Group from a "hold" rating to a "buy" rating in a research report on Monday, May 5th. Finally, The Goldman Sachs Group downgraded New Oriental Education & Technology Group from a "buy" rating to a "neutral" rating and cut their price objective for the stock from $58.00 to $50.00 in a research report on Wednesday, August 6th. Two research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, New Oriental Education & Technology Group currently has an average rating of "Hold" and an average target price of $51.60.

New Oriental Education & Technology Group Stock Up 1.0%

NYSE EDU traded up $0.48 during trading on Thursday, hitting $47.36. The stock had a trading volume of 281,349 shares, compared to its average volume of 1,485,562. The company has a market capitalization of $7.93 billion, a PE ratio of 21.03 and a beta of 0.25. The firm has a 50 day moving average price of $48.82 and a 200 day moving average price of $48.20. New Oriental Education & Technology Group, Inc. has a twelve month low of $40.66 and a twelve month high of $87.26.

New Oriental Education & Technology Group (NYSE:EDU - Get Free Report) last released its earnings results on Wednesday, July 30th. The company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.37. The company had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.19 billion. New Oriental Education & Technology Group had a return on equity of 11.32% and a net margin of 7.59%.New Oriental Education & Technology Group's revenue was up 9.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.22 EPS. New Oriental Education & Technology Group has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. On average, sell-side analysts anticipate that New Oriental Education & Technology Group, Inc. will post 2.75 earnings per share for the current year.

New Oriental Education & Technology Group Profile

New Oriental Education & Technology Group, Inc is a holding company, which engages in the provision of private educational services. It operates through the following segments: Educational Services and Test Preparation Courses, Private Label Products and Livestreaming E-Commerce, Overseas Study Consulting Services, and Educational Materials and Distribution.