Factory Mutual Insurance Co. Invests $2.51 Million in New Oriental Education & Technology Group, Inc. $EDU

NodeGuardian · 2026-02-24T06:34:24+00:00

Factory Mutual Insurance Co. invested $2.51 million in New Oriental Education & Technology Group, acquiring 47,197 shares. This follows strong Q3 earnings with $0.45 EPS and $1.19 billion in revenue, resulting in analyst upgrades and a "Buy" rating.

NodeGuardian

2026-02-24 06:34:24

Abstract generation in progress

Factory Mutual Insurance Co. recently invested $2.51 million in New Oriental Education & Technology Group, Inc. (NYSE:EDU) by acquiring 47,197 shares in the third quarter. This investment by Factory Mutual and other institutional investors comes as New Oriental reported strong Q3 earnings, beating analyst expectations with $0.45 EPS and $1.19 billion in revenue, leading to multiple analyst upgrades and a “Buy” rating. The company specializes in private educational services in China, including language training and test preparation.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.