Carmignac Gestion Has $14.35 Million Stake in New Oriental Education & Technology Group, Inc. $EDU

Key Points

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Carmignac Gestion increased its holdings in shares of New Oriental Education & Technology Group, Inc. (NYSE:EDU - Free Report) by 920.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 300,250 shares of the company's stock after buying an additional 270,820 shares during the quarter. Carmignac Gestion owned 0.18% of New Oriental Education & Technology Group worth $14,351,000 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. Janney Montgomery Scott LLC acquired a new stake in shares of New Oriental Education & Technology Group during the first quarter worth about $448,000. SG Americas Securities LLC grew its holdings in shares of New Oriental Education & Technology Group by 330.4% in the 1st quarter. SG Americas Securities LLC now owns 18,265 shares of the company's stock valued at $873,000 after acquiring an additional 14,021 shares in the last quarter. KBC Group NV acquired a new stake in shares of New Oriental Education & Technology Group in the first quarter valued at about $192,000. BRIGHT VALLEY CAPITAL Ltd bought a new stake in New Oriental Education & Technology Group during the first quarter worth about $50,583,000. Finally, Barclays PLC boosted its position in New Oriental Education & Technology Group by 8,438.4% during the fourth quarter. Barclays PLC now owns 95,716 shares of the company's stock valued at $6,142,000 after purchasing an additional 94,595 shares during the last quarter.

Analyst Upgrades and Downgrades

EDU has been the subject of several analyst reports. Citigroup raised shares of New Oriental Education & Technology Group from a "neutral" rating to a "buy" rating and decreased their target price for the company from $77.00 to $50.00 in a research note on Friday, June 27th. The Goldman Sachs Group cut shares of New Oriental Education & Technology Group from a "buy" rating to a "neutral" rating and cut their price target for the company from $58.00 to $50.00 in a research note on Wednesday, August 6th. Wall Street Zen upgraded shares of New Oriental Education & Technology Group from a "hold" rating to a "buy" rating in a research note on Monday, May 5th. HSBC cut New Oriental Education & Technology Group from a "buy" rating to a "hold" rating in a research note on Wednesday, July 30th. Finally, Hsbc Global Res upgraded New Oriental Education & Technology Group to a "hold" rating in a research note 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 stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $51.60.

New Oriental Education & Technology Group Stock Performance

NYSE:EDU traded up $0.2210 during mid-day trading on Friday, reaching $47.5310. 860,633 shares of the company's stock were exchanged, compared to its average volume of 1,470,014. New Oriental Education & Technology Group, Inc. has a one year low of $40.66 and a one year high of $87.26. The business's fifty day simple moving average is $48.84 and its two-hundred day simple moving average is $48.23. The firm has a market capitalization of $8.08 billion, a PE ratio of 21.12 and a beta of 0.25.

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