Sylebra Capital LLC Sells 9,849 Shares of New Oriental Education & Technology Group, Inc. $EDU

Key Points

• Sylebra Capital LLC reduced its stake in New Oriental Education & Technology Group, Inc. by 4.9%, now holding 192,024 shares valued at approximately $9.18 million.
• The company's latest quarterly earnings report showed EPS of $0.61, exceeding analyst expectations and marking a 9.4% increase in revenue year-over-year.
• Analysts have mixed ratings on the stock; while two maintain a "Buy," the overall consensus rating is "Hold" with a target price of $51.60.

Sylebra Capital LLC lessened its position in shares of New Oriental Education & Technology Group, Inc. (NYSE:EDU - Free Report) by 4.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 192,024 shares of the company's stock after selling 9,849 shares during the quarter. New Oriental Education & Technology Group makes up about 0.5% of Sylebra Capital LLC's investment portfolio, making the stock its 22nd largest position. Sylebra Capital LLC owned 0.11% of New Oriental Education & Technology Group worth $9,181,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in New Oriental Education & Technology Group in the 4th quarter valued at $266,000. Northern Trust Corp boosted its stake in New Oriental Education & Technology Group by 265.2% in the 4th quarter. Northern Trust Corp now owns 124,469 shares of the company's stock valued at $7,988,000 after buying an additional 90,384 shares in the last quarter. BNP Paribas Financial Markets acquired a new stake in New Oriental Education & Technology Group in the 4th quarter valued at $5,602,000. Janus Henderson Group PLC boosted its stake in New Oriental Education & Technology Group by 107.1% in the 4th quarter. Janus Henderson Group PLC now owns 63,979 shares of the company's stock valued at $4,100,000 after buying an additional 33,084 shares in the last quarter. Finally, LMR Partners LLP acquired a new stake in New Oriental Education & Technology Group in the 4th quarter valued at $211,000.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on EDU shares. JPMorgan Chase & Co. upgraded New Oriental Education & Technology Group from a "neutral" rating to an "overweight" rating and lifted their price objective for the company from $48.00 to $62.00 in a research report on Tuesday, June 24th. The Goldman Sachs Group downgraded New Oriental Education & Technology Group from a "buy" rating to a "neutral" rating and cut their price objective for the company from $58.00 to $50.00 in a research report on Wednesday, August 6th. Hsbc Global Res upgraded New Oriental Education & Technology Group to a "hold" rating in a research report on Wednesday, July 30th. Citigroup cut their price objective on New Oriental Education & Technology Group from $77.00 to $75.00 and set a "buy" rating for the company in a research report on Tuesday. Finally, HSBC downgraded New Oriental Education & Technology Group from a "buy" rating to a "hold" rating in a research report on Wednesday, July 30th. Two equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, New Oriental Education & Technology Group currently has a consensus rating of "Hold" and a consensus price target of $56.60.

New Oriental Education & Technology Group Stock Down 1.7%

Shares of New Oriental Education & Technology Group stock traded down $0.94 during trading on Friday, reaching $53.66. 650,486 shares of the company were exchanged, compared to its average volume of 1,461,309. New Oriental Education & Technology Group, Inc. has a twelve month low of $40.66 and a twelve month high of $87.26. The business has a 50-day moving average price of $48.40 and a 200-day moving average price of $47.98.

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

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.