346,937 Shares in New Oriental Education & Technology Group, Inc. $EDU Acquired by Carrhae Capital LLP

Carrhae Capital LLP acquired a new stake in New Oriental Education & Technology Group, Inc. (NYSE:EDU) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 346,937 shares of the company’s stock, valued at approximately $18,717,000. New Oriental Education & Technology Group accounts for 1.4% of Carrhae Capital LLP’s holdings, making the stock its 21st biggest holding.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. KBC Group NV acquired a new stake in shares of New Oriental Education & Technology Group during the 1st quarter valued at $192,000. Pekin Hardy Strauss Inc. acquired a new position in shares of New Oriental Education & Technology Group in the first quarter worth $344,000. DekaBank Deutsche Girozentrale raised its holdings in shares of New Oriental Education & Technology Group by 62.5% during the first quarter. DekaBank Deutsche Girozentrale now owns 13,000 shares of the company’s stock worth $601,000 after acquiring an additional 5,000 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its position in New Oriental Education & Technology Group by 65.9% during the first quarter. Massachusetts Financial Services Co. MA now owns 46,791 shares of the company’s stock valued at $2,237,000 after purchasing an additional 18,579 shares during the last quarter. Finally, Advisors Preferred LLC acquired a new stake in New Oriental Education & Technology Group during the first quarter valued at $315,000.

New Oriental Education & Technology Group Trading Down 0.9%

NYSE:EDU opened at $59.53 on Monday. The firm has a market capitalization of $10.20 billion, a PE ratio of 26.23, a PEG ratio of 1.27 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 $68.53. The firm’s fifty day simple moving average is $53.34 and its 200 day simple moving average is $49.99.

New Oriental Education & Technology Group (NYSE:EDU) last released its quarterly earnings results on Tuesday, October 28th. The company reported $1.61 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.74 by ($0.13). The firm had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.52 billion. New Oriental Education & Technology Group had a net margin of 7.36% and a return on equity of 10.77%. The firm’s revenue was up 6.1% on a year-over-year basis. During the same quarter last year, the company earned $1.60 earnings per share. New Oriental Education & Technology Group has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. As a group, analysts anticipate that New Oriental Education & Technology Group, Inc. will post 2.75 EPS for the current fiscal year.

New Oriental Education & Technology Group Announces Dividend

The firm also recently announced a special dividend, which will be paid on Friday, December 5th. Investors of record on Tuesday, November 18th will be paid a dividend of $0.60 per share. The ex-dividend date is Tuesday, November 18th. New Oriental Education & Technology Group’s dividend payout ratio is presently 25.55%.

Analyst Ratings Changes

Several research analysts have weighed in on EDU shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of New Oriental Education & Technology Group in a research report on Wednesday, October 8th. The Goldman Sachs Group restated a “neutral” rating and set a $60.00 price target on shares of New Oriental Education & Technology Group in a research note on Wednesday. JPMorgan Chase & Co. lifted their price objective on shares of New Oriental Education & Technology Group from $60.00 to $68.00 and gave the company an “overweight” rating in a research note on Wednesday, October 29th. HSBC cut New Oriental Education & Technology Group from a “buy” rating to a “hold” rating in a research report on Wednesday, July 30th. Finally, Bank of America increased their price objective on New Oriental Education & Technology Group from $56.20 to $58.20 and gave the company a “buy” rating in a report on Monday, September 29th. Three investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, New Oriental Education & Technology Group currently has an average rating of “Hold” and a consensus target price of $59.53.

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.