Nuveen LLC Invests $10.76 Million in John Wiley & Sons, Inc. $WLY

Key Points

• Nuveen LLC has purchased 241,349 shares of John Wiley & Sons, Inc., valued at approximately $10.75 million, which represents about 0.45% of the company's shares.
• The company recently declared a quarterly dividend of $0.355 per share, reflecting a 3.4% yield, an increase from the previous dividend of $0.35.
• John Wiley & Sons reported an EPS of $1.37 for its last quarter, beating analysts' estimates, though its revenue decreased by 5.5% year-over-year.

Nuveen LLC bought a new position in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 241,349 shares of the company's stock, valued at approximately $10,755,000. Nuveen LLC owned 0.45% of John Wiley & Sons at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Hsbc Holdings PLC boosted its stake in John Wiley & Sons by 3.6% in the 4th quarter. Hsbc Holdings PLC now owns 7,349 shares of the company's stock valued at $322,000 after purchasing an additional 257 shares during the period. PNC Financial Services Group Inc. boosted its stake in John Wiley & Sons by 6.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 5,111 shares of the company's stock valued at $228,000 after purchasing an additional 295 shares during the period. GAMMA Investing LLC boosted its stake in John Wiley & Sons by 35.8% in the 1st quarter. GAMMA Investing LLC now owns 1,564 shares of the company's stock valued at $70,000 after purchasing an additional 412 shares during the period. Harbor Capital Advisors Inc. boosted its stake in John Wiley & Sons by 37.8% in the 1st quarter. Harbor Capital Advisors Inc. now owns 1,827 shares of the company's stock valued at $81,000 after purchasing an additional 501 shares during the period. Finally, Sterling Capital Management LLC boosted its stake in John Wiley & Sons by 686.1% in the 4th quarter. Sterling Capital Management LLC now owns 621 shares of the company's stock valued at $27,000 after purchasing an additional 542 shares during the period. 73.94% of the stock is currently owned by institutional investors.

John Wiley & Sons Price Performance

NYSE WLY traded down $0.31 during midday trading on Thursday, hitting $40.26. The company had a trading volume of 254,944 shares, compared to its average volume of 319,835. The company has a market capitalization of $2.15 billion, a PE ratio of 26.31 and a beta of 0.96. The company has a current ratio of 0.54, a quick ratio of 0.51 and a debt-to-equity ratio of 1.05. The firm has a 50-day moving average price of $40.87 and a 200-day moving average price of $41.62. John Wiley & Sons, Inc. has a twelve month low of $36.50 and a twelve month high of $53.96.

John Wiley & Sons (NYSE:WLY - Get Free Report) last posted its quarterly earnings results on Tuesday, June 17th. The company reported $1.37 EPS for the quarter, topping analysts' consensus estimates of $1.27 by $0.10. John Wiley & Sons had a return on equity of 27.42% and a net margin of 5.02%.The company had revenue of $442.58 million during the quarter, compared to analysts' expectations of $435.00 million. During the same quarter in the previous year, the firm earned $1.21 EPS. John Wiley & Sons's revenue was down 5.5% on a year-over-year basis. John Wiley & Sons has set its FY 2026 guidance at 3.900-4.350 EPS. As a group, analysts anticipate that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current fiscal year.

John Wiley & Sons declared that its board has approved a share repurchase program on Thursday, June 26th that allows the company to buyback $250.00 million in shares. This buyback authorization allows the company to buy up to 10.7% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board believes its shares are undervalued.

John Wiley & Sons Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 24th. Stockholders of record on Tuesday, July 8th were issued a dividend of $0.355 per share. This is an increase from John Wiley & Sons's previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Tuesday, July 8th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 3.5%. John Wiley & Sons's payout ratio is presently 92.81%.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded John Wiley & Sons from a "buy" rating to a "strong-buy" rating in a research note on Saturday, June 21st.

John Wiley & Sons Profile

John Wiley & Sons, Inc engages in the provision of research and learning materials. It operates through the following segments: Research, Learning, and Held for Sale or Sold. The Research segment consists of research publishing and research solutions. The Learning segment includes academic and professional reporting lines and consists of publishing and related knowledge solutions.