Green Court Capital Management Ltd Has $46.74 Million Stock Holdings in New Oriental Education & Technology Group, Inc. $EDU

Green Court Capital Management Ltd lessened its stake in shares of New Oriental Education & Technology Group, Inc. (NYSE:EDU) by 11.2% in the second quarter, HoldingsChannel.com reports. 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 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. TD Waterhouse Canada Inc. grew its position in shares of New Oriental Education & Technology Group by 6.6% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 8,890 shares of the company’s stock valued at $476,000 after acquiring an additional 554 shares during the period. SG Americas Securities LLC lifted its stake in New Oriental Education & Technology Group by 94.0% in the second quarter. SG Americas Securities LLC now owns 35,433 shares of the company’s stock valued at $1,912,000 after purchasing an additional 17,168 shares during the last quarter. KBC Group NV lifted its stake in New Oriental Education & Technology Group by 11.3% in the second quarter. KBC Group NV now owns 4,474 shares of the company’s stock valued at $241,000 after purchasing an additional 454 shares during the last quarter. Campbell & CO Investment Adviser LLC bought a new position in New Oriental Education & Technology Group during the second quarter valued at $621,000. Finally, Fox Run Management L.L.C. purchased a new stake in New Oriental Education & Technology Group in the second quarter worth $538,000.

New Oriental Education & Technology Group Stock Performance

Shares of EDU opened at $53.36 on Thursday. New Oriental Education & Technology Group, Inc. has a 52-week low of $40.66 and a 52-week high of $68.53. The stock’s 50-day simple moving average is $54.88 and its 200 day simple moving average is $50.73. The stock has a market capitalization of $9.15 billion, a price-to-earnings ratio of 23.51, a price-to-earnings-growth ratio of 1.27 and a beta of 0.30.

New Oriental Education & Technology Group (NYSE:EDU) last announced its quarterly earnings results on Tuesday, October 28th. The company reported $1.61 earnings per share for the quarter, missing the consensus estimate of $1.74 by ($0.13). New Oriental Education & Technology Group had a net margin of 7.36% and a return on equity of 10.77%. The company had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same quarter in the prior year, the company earned $1.60 earnings per share. The company’s quarterly revenue 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. On average, research analysts forecast that New Oriental Education & Technology Group, Inc. will post 2.75 earnings per share for the current fiscal year.

New Oriental Education & Technology Group Dividend Announcement

The company also recently announced a special dividend, which will be paid on Friday, December 5th. Investors of record on Tuesday, November 18th will be issued 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 is 25.55%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on EDU shares. Hsbc Global Res upgraded New Oriental Education & Technology Group to a “hold” rating in a research note on Wednesday, July 30th. The Goldman Sachs Group restated a “neutral” rating and issued a $60.00 price objective on shares of New Oriental Education & Technology Group in a research note on Wednesday, October 29th. Bank of America upped their price objective on shares of 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. HSBC downgraded shares of New Oriental Education & Technology Group from a “buy” rating to a “hold” rating in a research note on Wednesday, July 30th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of New Oriental Education & Technology Group in a research note on Thursday, November 13th. Three research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, New Oriental Education & Technology Group presently has an average rating of “Hold” and a consensus price target of $59.53.

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.