Triata Capital Ltd Makes New $14.05 Million Investment in New Oriental Education & Technology Group, Inc. $EDU

Key Points

• Triata Capital Ltd acquired a new position in New Oriental Education & Technology Group by purchasing 293,774 shares valued at approximately $14 million, making it the 6th largest holding in their portfolio.
• Analysts have mixed opinions on the stock, with JPMorgan raising its rating to "overweight" and a price target increase from $48.00 to $62.00, while others have lowered their ratings and price objectives.
• New Oriental's recent earnings report showed a significant EPS of $0.61, surpassing estimates, with a revenue growth of 9.4% year-over-year, indicating strong company performance.

Triata Capital Ltd bought a new position in shares of New Oriental Education & Technology Group, Inc. (NYSE:EDU - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 293,774 shares of the company's stock, valued at approximately $14,045,000. New Oriental Education & Technology Group comprises 3.2% of Triata Capital Ltd's holdings, making the stock its 6th biggest position. Triata Capital Ltd owned about 0.17% of New Oriental Education & Technology Group at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Janney Montgomery Scott LLC acquired a new stake in shares of New Oriental Education & Technology Group in the first quarter valued at about $448,000. SG Americas Securities LLC lifted its stake in New Oriental Education & Technology Group by 330.4% during the first quarter. SG Americas Securities LLC now owns 18,265 shares of the company's stock worth $873,000 after purchasing an additional 14,021 shares during the period. KBC Group NV bought a new position in New Oriental Education & Technology Group during the first quarter worth about $192,000. BRIGHT VALLEY CAPITAL Ltd bought a new position in New Oriental Education & Technology Group during the first quarter worth about $50,583,000. Finally, Barclays PLC raised its stake in shares of New Oriental Education & Technology Group by 8,438.4% in the fourth quarter. Barclays PLC now owns 95,716 shares of the company's stock valued at $6,142,000 after acquiring an additional 94,595 shares during the last quarter.

New Oriental Education & Technology Group Stock Performance

NYSE EDU traded up $0.2210 on Friday, reaching $47.5310. The company had a trading volume of 860,633 shares, compared to its average volume of 1,483,711. The firm has a market capitalization of $8.07 billion, a price-to-earnings ratio of 21.12 and a beta of 0.25. New Oriental Education & Technology Group, Inc. has a 1-year low of $40.66 and a 1-year high of $87.26. The company's fifty day moving average is $48.84 and its 200-day moving average is $48.22.

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

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Citigroup upgraded shares of New Oriental Education & Technology Group from a "neutral" rating to a "buy" rating and cut their target price for the company from $77.00 to $50.00 in a research note on Friday, June 27th. The Goldman Sachs Group lowered shares of New Oriental Education & Technology Group from a "buy" rating to a "neutral" rating and lowered their target price for the stock from $58.00 to $50.00 in a report on Wednesday, August 6th. HSBC lowered shares of New Oriental Education & Technology Group from a "buy" rating to a "hold" rating in a report on Wednesday, July 30th. JPMorgan Chase & Co. raised shares of New Oriental Education & Technology Group from a "neutral" rating to an "overweight" rating and boosted their price target for the company from $48.00 to $62.00 in a report on Tuesday, June 24th. Finally, Hsbc Global Res raised shares of New Oriental Education & Technology Group to a "hold" rating in a report on Wednesday, July 30th. Two investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $51.60.

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.