Siren L.L.C. Acquires 11,000 Shares of New Oriental Education & Technology Group, Inc. $EDU

Key Points

• Siren L.L.C. increased its stake in New Oriental Education & Technology Group by 16.1% in Q1, now holding shares worth approximately $3.80 million.
• New Oriental Education reported a quarterly EPS of $0.61, exceeding analyst expectations of $0.24, with revenue of $1.24 billion, up 9.4% year-over-year.
• Analysts have rated New Oriental with a consensus of "Hold", with two ratings as "Buy", five as "Hold", and one as "Sell".

Siren L.L.C. boosted its stake in shares of New Oriental Education & Technology Group, Inc. (NYSE:EDU - Free Report) by 16.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 79,500 shares of the company's stock after buying an additional 11,000 shares during the quarter. Siren L.L.C.'s holdings in New Oriental Education & Technology Group were worth $3,801,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Banque Cantonale Vaudoise acquired a new position in New Oriental Education & Technology Group in the 1st quarter valued at about $54,000. Brooklyn Investment Group lifted its stake in shares of New Oriental Education & Technology Group by 3,700.0% during the first 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 during the period. Caitong International Asset Management Co. Ltd acquired a new stake in New Oriental Education & Technology Group during the first quarter worth approximately $72,000. BNP Paribas purchased a new stake in New Oriental Education & Technology Group in the 4th quarter worth approximately $113,000. Finally, Summit Securities Group LLC acquired a new position in New Oriental Education & Technology Group in the 1st quarter valued at $136,000.

New Oriental Education & Technology Group Trading Down 0.3%

NYSE:EDU traded down $0.14 on Wednesday, hitting $49.00. 142,504 shares of the company's stock traded hands, compared to its average volume of 1,474,606. New Oriental Education & Technology Group, Inc. has a 1 year low of $40.66 and a 1 year high of $87.26. The firm has a 50-day moving average price of $48.70 and a 200-day moving average price of $48.03.

New Oriental Education & Technology Group (NYSE:EDU - Get Free Report) last released its earnings results on Wednesday, July 30th. The company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.37. New Oriental Education & Technology Group had a return on equity of 11.32% and a net margin of 7.59%.The company had revenue of $1.24 billion for the quarter, compared to analysts' expectations of $1.19 billion. During the same quarter in the previous year, the business posted $0.22 EPS. The business'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. As a group, equities research analysts forecast that New Oriental Education & Technology Group, Inc. will post 2.75 earnings per share for the current fiscal year.

Analyst Ratings Changes

EDU has been the topic of several recent analyst reports. JPMorgan Chase & Co. upgraded shares of New Oriental Education & Technology Group from a "neutral" rating to an "overweight" rating and increased their price objective for the stock from $48.00 to $62.00 in a report on Tuesday, June 24th. Hsbc Global Res upgraded New Oriental Education & Technology Group to a "hold" rating in a report on Wednesday, July 30th. The Goldman Sachs Group lowered New Oriental Education & Technology Group from a "buy" rating to a "neutral" rating and cut their target price for the stock from $58.00 to $50.00 in a research report on Wednesday, August 6th. HSBC lowered New Oriental Education & Technology Group from a "buy" rating to a "hold" rating in a research note on Wednesday, July 30th. Finally, Citigroup raised New Oriental Education & Technology Group from a "neutral" rating to a "buy" rating and reduced their price objective for the company from $77.00 to $50.00 in a research note on Friday, June 27th. Two equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average 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.