Ancora Advisors LLC Purchases 44,770 Shares of John Wiley & Sons, Inc. $WLY

Key Points

• Ancora Advisors increased its John Wiley & Sons stake by 33.2% in the second quarter, purchasing 44,770 shares to own 179,800 shares valued at approximately $8.7 million. Institutional investors and hedge funds collectively own 73.94% of WLY.
• John Wiley & Sons reported quarterly EPS of $1.67, slightly beating estimates, while revenue rose 1.2% year over year to $447.94 million. The company issued fiscal 2027 EPS guidance of $4.60 to $5.05.
• The company raised its quarterly dividend to $0.3575 per share, implying an annualized dividend of $1.43 and a 2.7% yield. Analyst opinions are mixed, but the stock carries a consensus “Moderate Buy” rating.

Ancora Advisors LLC grew its holdings in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 33.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 179,800 shares of the company's stock after purchasing an additional 44,770 shares during the quarter. Ancora Advisors LLC owned about 0.35% of John Wiley & Sons worth $8,722,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in WLY. Caitong International Asset Management Co. Ltd grew its stake in shares of John Wiley & Sons by 264.3% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 827 shares of the company's stock valued at $25,000 after purchasing an additional 600 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in John Wiley & Sons by 519.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 564 shares of the company's stock worth $25,000 after purchasing an additional 473 shares during the last quarter. Optiver Holding B.V. acquired a new position in John Wiley & Sons during the 1st quarter worth $26,000. Allworth Financial LP boosted its position in John Wiley & Sons by 1,595.7% in the 3rd quarter. Allworth Financial LP now owns 780 shares of the company's stock valued at $32,000 after buying an additional 734 shares during the last quarter. Finally, Empowered Funds LLC bought a new position in John Wiley & Sons in the 4th quarter valued at $37,000. 73.94% of the stock is currently owned by institutional investors and hedge funds.

John Wiley & Sons Stock Up 0.0%

Shares of NYSE WLY opened at $52.40 on Wednesday. The stock has a market cap of $2.66 billion, a P/E ratio of 12.39 and a beta of 0.78. The firm has a 50 day moving average price of $51.29 and a 200 day moving average price of $43.20. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.51 and a current ratio of 0.54. John Wiley & Sons, Inc. has a 52-week low of $28.38 and a 52-week high of $57.45.

John Wiley & Sons (NYSE:WLY - Get Free Report) last announced its quarterly earnings results on Tuesday, June 16th. The company reported $1.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.65 by $0.02. John Wiley & Sons had a net margin of 13.22% and a return on equity of 29.01%. The company had revenue of $447.94 million during the quarter, compared to analyst estimates of $450.00 million. During the same quarter in the previous year, the business earned $1.37 EPS. The firm's revenue was up 1.2% on a year-over-year basis. John Wiley & Sons has set its FY 2027 guidance at 4.600-5.050 EPS. Analysts expect that John Wiley & Sons, Inc. will post 4.8 EPS for the current year.

John Wiley & Sons Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 23rd. Investors of record on Tuesday, July 7th were given a $0.3575 dividend. The ex-dividend date of this dividend was Tuesday, July 7th. This represents a $1.43 annualized dividend and a yield of 2.7%. This is an increase from John Wiley & Sons's previous quarterly dividend of $0.35. John Wiley & Sons's payout ratio is presently 33.81%.

Analyst Ratings Changes

A number of brokerages recently commented on WLY. Zacks Research lowered John Wiley & Sons from a "strong-buy" rating to a "hold" rating in a research report on Friday, May 15th. Weiss Ratings raised shares of John Wiley & Sons from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Tuesday, July 7th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, John Wiley & Sons has a consensus rating of "Moderate Buy".

John Wiley & Sons Profile

John Wiley & Sons, Inc is a global publishing and educational services company founded in 1807 and headquartered in Hoboken, New Jersey. The company operates through two primary segments: Research & Publishing and Education. Through these segments, Wiley produces a wide range of scholarly journals, books, reference works and digital products for academic, scientific, technical and medical markets, as well as professional development and higher education learning resources.

In its Research & Publishing segment, Wiley publishes thousands of peer-reviewed journals and maintains the Wiley Online Library, a leading platform for scientific and scholarly content.

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