New Oriental Education & Technology Group, Inc. $EDU Shares Purchased by Yiheng Capital Management L.P.

Key Points

• Yiheng Capital Management L.P. increased its stake in New Oriental Education & Technology Group by 15.4%, making it the fund's 5th largest holding, with approximately $28.6 million worth of shares.
• The firm's most recent quarterly earnings report showed an EPS of $0.61, surpassing estimates, and a 9.4% revenue increase year-over-year, totaling $1.24 billion.
• Several analysts have downgraded their ratings on the stock, with Goldman Sachs and HSBC reducing their ratings, while JPMorgan upgraded it to "overweight" with a target price increase.

Yiheng Capital Management L.P. lifted its stake in New Oriental Education & Technology Group, Inc. (NYSE:EDU - Free Report) by 15.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 598,080 shares of the company's stock after acquiring an additional 79,766 shares during the quarter. New Oriental Education & Technology Group makes up 2.7% of Yiheng Capital Management L.P.'s portfolio, making the stock its 5th biggest holding. Yiheng Capital Management L.P. owned 0.35% of New Oriental Education & Technology Group worth $28,594,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Quantinno Capital Management LP boosted its holdings in New Oriental Education & Technology Group by 25.7% in the fourth quarter. Quantinno Capital Management LP now owns 4,031 shares of the company's stock worth $259,000 after purchasing an additional 824 shares in the last quarter. Banque Cantonale Vaudoise bought a new stake in New Oriental Education & Technology Group in the first quarter worth $54,000. Brooklyn Investment Group boosted its holdings in New Oriental Education & Technology Group by 3,700.0% in the first quarter. Brooklyn Investment Group now owns 1,330 shares of the company's stock worth $64,000 after purchasing an additional 1,295 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in New Oriental Education & Technology Group in the first quarter worth $72,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in New Oriental Education & Technology Group by 14.5% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,496 shares of the company's stock worth $1,059,000 after purchasing an additional 2,084 shares in the last quarter.

New Oriental Education & Technology Group Stock Down 1.8%

Shares of EDU traded down $0.97 during trading hours on Friday, reaching $53.63. 637,153 shares of the company traded hands, compared to its average volume of 1,461,224. The stock's fifty day moving average is $48.40 and its 200 day moving average is $47.98. New Oriental Education & Technology Group, Inc. has a 1-year low of $40.66 and a 1-year high of $87.26.

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 EPS for the quarter, beating analysts' consensus estimates of $0.24 by $0.37. The business had revenue of $1.24 billion during 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 firm's revenue for the quarter was up 9.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.22 earnings per share. New Oriental Education & Technology Group has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. On average, equities research analysts expect that New Oriental Education & Technology Group, Inc. will post 2.75 earnings per share for the current year.

Wall Street Analysts Forecast Growth

EDU has been the subject of a number of recent research reports. JPMorgan Chase & Co. upgraded shares of New Oriental Education & Technology Group from a "neutral" rating to an "overweight" rating and upped their price objective for the stock from $48.00 to $62.00 in a report on Tuesday, June 24th. HSBC cut shares of New Oriental Education & Technology Group from a "buy" rating to a "hold" rating in a report on Wednesday, July 30th. Hsbc Global Res upgraded shares of New Oriental Education & Technology Group to a "hold" rating in a report on Wednesday, July 30th. Citigroup decreased their price target on shares of New Oriental Education & Technology Group from $77.00 to $75.00 and set a "buy" rating for the company in a report on Tuesday. Finally, 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 report on Wednesday, August 6th. Two research 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. According to data from MarketBeat.com, New Oriental Education & Technology Group currently has an average rating of "Hold" and an average target price of $56.60.

New Oriental Education & Technology Group Company 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.