BlackRock Inc. bought a new stake in McGraw Hill, Inc. (NYSE:MH - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,741,124 shares of the company's stock, valued at approximately $16,488,000. BlackRock Inc. owned about 0.91% of McGraw Hill at the end of the most recent quarter.
Several other hedge funds also recently modified their holdings of MH. Vanguard Group Inc. purchased a new stake in shares of McGraw Hill in the third quarter valued at $32,923,000. Alyeska Investment Group L.P. purchased a new position in shares of McGraw Hill during the 3rd quarter worth about $23,744,000. Norges Bank acquired a new stake in shares of McGraw Hill in the fourth quarter worth approximately $18,485,000. Schroder Investment Management Group acquired a new stake in shares of McGraw Hill in the fourth quarter worth approximately $14,856,000. Finally, Freestone Grove Partners LP purchased a new stake in McGraw Hill in the third quarter valued at approximately $8,162,000.
McGraw Hill Stock Up 3.0%
NYSE MH opened at $13.24 on Friday. The company has a quick ratio of 0.62, a current ratio of 0.78 and a debt-to-equity ratio of 3.25. McGraw Hill, Inc. has a fifty-two week low of $8.94 and a fifty-two week high of $18.00. The business has a 50 day moving average price of $11.30 and a two-hundred day moving average price of $12.22. The stock has a market cap of $2.53 billion, a PE ratio of 26.48 and a beta of -0.85.
McGraw Hill (NYSE:MH - Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.48 by $0.11. The company had revenue of $549.90 million for the quarter. McGraw Hill had a net margin of 4.38% and a return on equity of 62.57%. The company's quarterly revenue was up 2.7% compared to the same quarter last year. As a group, sell-side analysts predict that McGraw Hill, Inc. will post 1.91 EPS for the current fiscal year.
Analysts Set New Price Targets
Several research analysts recently weighed in on MH shares. Morgan Stanley cut their target price on McGraw Hill from $18.00 to $16.00 and set an "overweight" rating on the stock in a research report on Friday, August 14th. JPMorgan Chase & Co. lowered their price target on McGraw Hill from $21.00 to $20.00 and set an "overweight" rating for the company in a research report on Friday, June 12th. Needham & Company LLC restated a "buy" rating and issued a $19.00 price objective on shares of McGraw Hill in a report on Thursday, August 13th. UBS Group lifted their price objective on McGraw Hill from $14.00 to $15.00 and gave the company a "neutral" rating in a research note on Friday, August 14th. Finally, Weiss Ratings upgraded McGraw Hill from a "sell (d)" rating to a "sell (d+)" rating in a report on Friday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $17.20.
Check Out Our Latest Report on McGraw Hill
About McGraw Hill
(
Free Report)
McGraw Hill NYSE: MH is a global learning science company specializing in educational content, digital learning platforms, and assessment solutions. The company offers textbooks and course materials for K-12 and higher education, along with professional development resources for corporate and workforce training. Its digital solutions—including adaptive learning platforms and analytics-driven tools—support personalized instruction, progress tracking, and interactive engagement in both classroom and remote environments.
Founded in 1888 in New York City, McGraw Hill has evolved from a technical periodical publisher into one of the world's leading providers of educational content and technology.
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