Robeco Institutional Asset Management B.V. Has $681,000 Stock Holdings in New Oriental Education & Technology Group, Inc. $EDU

Robeco Institutional Asset Management B.V. cut its position in New Oriental Education & Technology Group, Inc. (NYSE:EDU - Free Report) by 61.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,622 shares of the company's stock after selling 19,775 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in New Oriental Education & Technology Group were worth $681,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in EDU. First Beijing Investment Ltd lifted its position in New Oriental Education & Technology Group by 1,997.8% in the 1st quarter. First Beijing Investment Ltd now owns 5,456,378 shares of the company's stock valued at $260,869,000 after acquiring an additional 5,196,281 shares in the last quarter. Discerene Group LP bought a new position in New Oriental Education & Technology Group in the 1st quarter valued at about $75,564,000. BRIGHT VALLEY CAPITAL Ltd bought a new position in New Oriental Education & Technology Group in the 1st quarter valued at about $50,583,000. Mirae Asset Global Investments Co. Ltd. lifted its position in New Oriental Education & Technology Group by 3,276.9% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,056,414 shares of the company's stock valued at $50,507,000 after acquiring an additional 1,025,130 shares in the last quarter. Finally, National Bank of Canada FI lifted its position in New Oriental Education & Technology Group by 34,614,900.0% in the 1st quarter. National Bank of Canada FI now owns 692,300 shares of the company's stock valued at $33,099,000 after acquiring an additional 692,298 shares in the last quarter.

New Oriental Education & Technology Group Price Performance

EDU stock opened at $53.40 on Thursday. The company has a market cap of $9.15 billion, a P/E ratio of 23.73, a PEG ratio of 1.67 and a beta of 0.27. New Oriental Education & Technology Group, Inc. has a 1 year low of $40.66 and a 1 year high of $76.33. The firm has a 50-day moving average of $49.63 and a 200 day moving average of $48.45.

New Oriental Education & Technology Group (NYSE:EDU - Get Free Report) last issued its earnings results on Wednesday, July 30th. The company reported $0.61 earnings per share (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 the consensus estimate of $1.19 billion. During the same quarter in the prior year, the firm posted $0.22 earnings per share. The business's revenue 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, equities research analysts expect that New Oriental Education & Technology Group, Inc. will post 2.75 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Citigroup dropped their target price on shares of New Oriental Education & Technology Group from $77.00 to $75.00 and set a "buy" rating on the stock in a research report on Tuesday, September 9th. The Goldman Sachs Group cut shares of New Oriental Education & Technology Group from a "buy" rating to a "neutral" rating and dropped their target price for the stock from $58.00 to $50.00 in a research report on Wednesday, August 6th. Weiss Ratings reissued a "hold (c)" rating on shares of New Oriental Education & Technology Group in a research report on Wednesday. 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, Hsbc Global Res raised shares of New Oriental Education & Technology Group to a "hold" rating in a research report on Wednesday, July 30th. Three equities research analysts have rated the stock with a Buy rating, six have given 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 a consensus price target of $56.87.

About New Oriental Education & Technology Group

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.

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