Jump Financial LLC Purchases New Shares in New Oriental Education & Technology Group, Inc. $EDU

Key Points

• Jump Financial LLC has initiated a new position in New Oriental Education & Technology Group, acquiring 104,000 shares valued at approximately $4.97 million during the first quarter.
• Several institutional investors have significantly boosted their holdings, including Aspex Management, which increased its position by 56.8% to own over 7.45 million shares.
• New Oriental Education & Technology Group recently reported earnings of $0.61 EPS, exceeding expectations, and has provided FY 2026 guidance suggesting potential future growth.

Jump Financial LLC 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 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 104,000 shares of the company's stock, valued at approximately $4,972,000. Jump Financial LLC owned 0.06% of New Oriental Education & Technology Group as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Banque Cantonale Vaudoise acquired a new stake in New Oriental Education & Technology Group during the 1st quarter worth about $54,000. Brooklyn Investment Group lifted its stake in 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 valued at $64,000 after buying an additional 1,295 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in New Oriental Education & Technology Group in the 1st quarter valued at about $72,000. BNP Paribas purchased a new position in New Oriental Education & Technology Group in the 4th quarter worth approximately $113,000. Finally, Summit Securities Group LLC purchased a new position in New Oriental Education & Technology Group in the 1st quarter worth approximately $136,000.

Analyst Upgrades and Downgrades

EDU has been the subject of a number of recent analyst reports. Hsbc Global Res upgraded shares of New Oriental Education & Technology Group to a "hold" rating in a report on Wednesday, July 30th. JPMorgan Chase & Co. upgraded shares of New Oriental Education & Technology Group from a "neutral" rating to an "overweight" rating and lifted their target price for the company from $48.00 to $62.00 in a report on Tuesday, June 24th. The Goldman Sachs Group cut shares of New Oriental Education & Technology Group from a "buy" rating to a "neutral" rating and decreased their price target for the company from $58.00 to $50.00 in a research report on Wednesday, August 6th. HSBC cut shares of New Oriental Education & Technology Group from a "buy" rating to a "hold" rating in a research report on Wednesday, July 30th. Finally, Citigroup raised shares of New Oriental Education & Technology Group from a "neutral" rating to a "buy" rating and decreased their price objective for the stock from $77.00 to $50.00 in a research report on Friday, June 27th. Two 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. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $51.60.

New Oriental Education & Technology Group Trading Up 1.8%

EDU traded up $0.84 on Friday, hitting $47.99. 1,078,516 shares of the company were exchanged, compared to its average volume of 907,466. New Oriental Education & Technology Group, Inc. has a fifty-two week low of $40.66 and a fifty-two week high of $87.26. The business's fifty day moving average is $48.85 and its 200 day moving average is $48.11.

New Oriental Education & Technology Group (NYSE:EDU - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $0.61 earnings per share (EPS) for the quarter, beating 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 business had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter in the prior year, the firm posted $0.22 earnings per share. The company's quarterly revenue was up 9.4% compared to the same quarter last year. New Oriental Education & Technology Group has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. On average, research analysts predict that New Oriental Education & Technology Group, Inc. will post 2.75 earnings per share for the current fiscal 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.