Green Court Capital Management Ltd Sells 110,025 Shares of New Oriental Education & Technology Group, Inc. $EDU

Green Court Capital Management Ltd cut its stake in shares of New Oriental Education & Technology Group, Inc. (NYSE:EDU) by 11.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 868,421 shares of the company’s stock after selling 110,025 shares during the quarter. New Oriental Education & Technology Group makes up about 30.9% of Green Court Capital Management Ltd’s portfolio, making the stock its 2nd largest position. Green Court Capital Management Ltd’s holdings in New Oriental Education & Technology Group were worth $46,735,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EDU. First Beijing Investment Ltd raised its holdings in shares of New Oriental Education & Technology Group by 1,997.8% during the first quarter. First Beijing Investment Ltd now owns 5,456,378 shares of the company’s stock valued at $260,869,000 after purchasing an additional 5,196,281 shares during the period. Discerene Group LP acquired a new position in New Oriental Education & Technology Group during the 1st quarter worth approximately $75,564,000. Greenwoods Asset Management Hong Kong Ltd. raised its stake in New Oriental Education & Technology Group by 13.7% during the 1st quarter. Greenwoods Asset Management Hong Kong Ltd. now owns 1,396,039 shares of the company’s stock worth $66,745,000 after buying an additional 167,721 shares during the period. BRIGHT VALLEY CAPITAL Ltd bought a new position in New Oriental Education & Technology Group in the first quarter worth approximately $50,583,000. Finally, Brilliance Asset Management Ltd. grew its stake in New Oriental Education & Technology Group by 189.5% in the first quarter. Brilliance Asset Management Ltd. now owns 1,016,471 shares of the company’s stock valued at $48,597,000 after acquiring an additional 665,403 shares during the period.

New Oriental Education & Technology Group Price Performance

Shares of EDU stock opened at $53.36 on Thursday. The firm has a 50-day moving average of $54.88 and a 200-day moving average of $50.73. New Oriental Education & Technology Group, Inc. has a one year low of $40.66 and a one year high of $68.53. The company has a market cap of $9.15 billion, a P/E ratio of 23.51, a P/E/G ratio of 1.27 and a beta of 0.30.

New Oriental Education & Technology Group (NYSE:EDU) last issued its quarterly earnings data 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). New Oriental Education & Technology Group had a return on equity of 10.77% and a net margin of 7.36%.The firm had revenue of $1.52 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the previous year, the company posted $1.60 earnings per share. The company’s revenue for the quarter was up 6.1% on a year-over-year basis. New Oriental Education & Technology Group has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. As a group, research analysts expect that New Oriental Education & Technology Group, Inc. will post 2.75 earnings per share for the current fiscal year.

New Oriental Education & Technology Group Announces Dividend

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

Wall Street Analysts Forecast Growth

EDU has been the topic of a number of research reports. HSBC lowered New Oriental Education & Technology Group from a “buy” rating to a “hold” rating in a research report on Wednesday, July 30th. Bank of America upped their price objective on shares of New Oriental Education & Technology Group from $56.20 to $58.20 and gave the stock a “buy” rating in a report on Monday, September 29th. 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 report on Wednesday, October 29th. Weiss Ratings restated a “hold (c+)” rating on shares of New Oriental Education & Technology Group in a report on Thursday, November 13th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $60.00 price target on shares of New Oriental Education & Technology Group in a research report on Wednesday, October 29th. Three analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $59.53.

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.