DekaBank Deutsche Girozentrale Cuts Stock Position in New Oriental Education & Technology Group, Inc. $EDU

DekaBank Deutsche Girozentrale lessened its stake in New Oriental Education & Technology Group, Inc. (NYSE:EDU) by 38.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,000 shares of the company’s stock after selling 5,000 shares during the period. DekaBank Deutsche Girozentrale’s holdings in New Oriental Education & Technology Group were worth $430,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Banque Cantonale Vaudoise purchased a new stake in shares of New Oriental Education & Technology Group during the first quarter worth about $54,000. Brooklyn Investment Group grew its stake in shares of New Oriental Education & Technology Group by 3,700.0% during the first quarter. Brooklyn Investment Group now owns 1,330 shares of the company’s stock worth $64,000 after acquiring an additional 1,295 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in shares of New Oriental Education & Technology Group during the first quarter worth about $72,000. Summit Securities Group LLC purchased a new stake in shares of New Oriental Education & Technology Group during the first quarter worth about $136,000. Finally, KBC Group NV purchased a new stake in shares of New Oriental Education & Technology Group during the first quarter worth about $192,000.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. HSBC lowered New Oriental Education & Technology Group from a “buy” rating to a “hold” rating in a research note on Wednesday, July 30th. Citigroup dropped their price target on New Oriental Education & Technology Group from $77.00 to $75.00 and set a “buy” rating on the stock in a research note on Tuesday, September 9th. 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 lowered New Oriental Education & Technology Group from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $58.00 to $50.00 in a research note on Wednesday, August 6th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of New Oriental Education & Technology Group in a research note on Saturday. Three equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $56.87.

New Oriental Education & Technology Group Stock Down 0.1%

New Oriental Education & Technology Group stock opened at $60.12 on Monday. New Oriental Education & Technology Group, Inc. has a 52 week low of $40.66 and a 52 week high of $68.53. The company has a market capitalization of $10.31 billion, a price-to-earnings ratio of 26.72, a price-to-earnings-growth ratio of 1.93 and a beta of 0.27. The stock has a 50-day moving average price of $52.14 and a 200 day moving average price of $49.40.

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

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.