Deutsche Bank AG decreased its position in New Oriental Education & Technology Group, Inc. (NYSE:EDU - Free Report) by 42.4% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 93,200 shares of the company's stock after selling 68,569 shares during the period. Deutsche Bank AG owned about 0.05% of New Oriental Education & Technology Group worth $4,456,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of EDU. Invesco Ltd. grew its holdings in New Oriental Education & Technology Group by 95.6% in the fourth quarter. Invesco Ltd. now owns 156,284 shares of the company's stock valued at $10,030,000 after purchasing an additional 76,397 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in New Oriental Education & Technology Group in the fourth quarter valued at $266,000. Barclays PLC grew its holdings in New Oriental Education & Technology Group by 8,438.4% in the fourth quarter. Barclays PLC now owns 95,716 shares of the company's stock valued at $6,142,000 after purchasing an additional 94,595 shares during the last quarter. Marshall Wace LLP grew its holdings in New Oriental Education & Technology Group by 14.3% in the fourth quarter. Marshall Wace LLP now owns 174,717 shares of the company's stock valued at $11,213,000 after purchasing an additional 21,815 shares during the last quarter. Finally, GeoWealth Management LLC grew its holdings in New Oriental Education & Technology Group by 258.5% in the fourth quarter. GeoWealth Management LLC now owns 441 shares of the company's stock valued at $28,000 after purchasing an additional 318 shares during the last quarter.
Analyst Upgrades and Downgrades
A number of analysts recently commented on EDU shares. JPMorgan Chase & Co. raised New Oriental Education & Technology Group from a "neutral" rating to an "overweight" rating and increased their price objective for the company from $48.00 to $62.00 in a research note on Tuesday, June 24th. HSBC lowered New Oriental Education & Technology Group from a "buy" rating to a "hold" rating in a research note on Wednesday, July 30th. Wall Street Zen raised New Oriental Education & Technology Group from a "hold" rating to a "buy" rating in a research note on Monday, May 5th. Hsbc Global Res raised New Oriental Education & Technology Group to a "hold" rating in a research note on Wednesday, July 30th. Finally, Citigroup raised New Oriental Education & Technology Group from a "neutral" rating to a "buy" rating and decreased their price objective for the company from $77.00 to $50.00 in a research note on Friday, June 27th. Two research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, New Oriental Education & Technology Group has an average rating of "Hold" and an average target price of $51.60.
Check Out Our Latest Analysis on New Oriental Education & Technology Group
New Oriental Education & Technology Group Stock Performance
NYSE EDU traded up $0.37 during trading hours on Friday, hitting $47.68. 409,390 shares of the company's stock were exchanged, compared to its average volume of 1,508,851. The business's 50 day moving average is $48.82 and its 200-day moving average is $48.23. New Oriental Education & Technology Group, Inc. has a 12-month low of $40.66 and a 12-month high of $87.26. The firm has a market capitalization of $7.97 billion, a P/E ratio of 21.17 and a beta of 0.25.
New Oriental Education & Technology Group (NYSE:EDU - Get Free Report) last released its earnings results on Wednesday, July 30th. The company reported $0.61 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $1.19 billion. During the same period in the prior year, the business posted $0.22 earnings per share. The firm's revenue for the quarter 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. As a group, equities 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 Company Profile
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Free Report)
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.
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