Bank of America Corp DE Increases Stock Holdings in McGraw Hill, Inc. $MH

Key Points

• Bank of America increased its McGraw Hill position by 178.4% in the first quarter, adding 248,773 shares to hold 388,255 shares worth approximately $5.3 million. Several other institutional investors also expanded their stakes.
• McGraw Hill reported quarterly earnings of $0.59 per share, beating estimates of $0.48, while revenue rose 2.7% year over year to $549.9 million. The stock was trading at $13.31, up 2.1%.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $17.20, despite some target reductions.

Bank of America Corp DE increased its position in shares of McGraw Hill, Inc. (NYSE:MH - Free Report) by 178.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 388,255 shares of the company's stock after purchasing an additional 248,773 shares during the period. Bank of America Corp DE owned 0.20% of McGraw Hill worth $5,319,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of MH. Renaissance Technologies LLC increased its position in shares of McGraw Hill by 195.2% during the 1st quarter. Renaissance Technologies LLC now owns 169,100 shares of the company's stock worth $2,317,000 after purchasing an additional 111,812 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of McGraw Hill by 110.3% in the first quarter. Arrowstreet Capital Limited Partnership now owns 469,499 shares of the company's stock worth $6,432,000 after acquiring an additional 246,233 shares in the last quarter. Sei Investments Co. increased its position in shares of McGraw Hill by 18.1% during the first quarter. Sei Investments Co. now owns 185,116 shares of the company's stock worth $2,536,000 after acquiring an additional 28,318 shares during the period. Walleye Capital LLC increased its position in shares of McGraw Hill by 515.7% during the first quarter. Walleye Capital LLC now owns 102,139 shares of the company's stock worth $1,399,000 after acquiring an additional 85,550 shares during the period. Finally, Militia Capital Management LLC acquired a new stake in shares of McGraw Hill in the first quarter valued at $1,907,000.

McGraw Hill Trading Up 2.1%

NYSE:MH opened at $13.31 on Friday. McGraw Hill, Inc. has a 12-month low of $8.94 and a 12-month high of $18.00. The company has a current ratio of 0.78, a quick ratio of 0.62 and a debt-to-equity ratio of 3.25. The stock's 50 day simple moving average is $10.93 and its 200-day simple moving average is $12.23. The firm has a market cap of $2.55 billion and a P/E ratio of 26.62.

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 for the quarter, beating analysts' consensus estimates of $0.48 by $0.11. McGraw Hill had a net margin of 4.38% and a return on equity of 62.57%. The firm had revenue of $549.90 million for the quarter. The company's revenue for the quarter was up 2.7% on a year-over-year basis. Equities analysts anticipate that McGraw Hill, Inc. will post 1.91 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on MH shares. BMO Capital Markets increased their price target on McGraw Hill from $16.00 to $17.00 and gave the company an "outperform" rating in a research report on Friday, August 14th. JPMorgan Chase & Co. dropped their price objective on shares of McGraw Hill from $21.00 to $20.00 and set an "overweight" rating on the stock in a research report on Friday, June 12th. Morgan Stanley decreased their price objective on shares of McGraw Hill from $18.00 to $16.00 and set an "overweight" rating for the company in a research report on Friday, August 14th. UBS Group boosted their target price on shares of McGraw Hill from $14.00 to $15.00 and gave the stock a "neutral" rating in a research note on Friday, August 14th. Finally, BTIG Research dropped their target price on McGraw Hill from $19.00 to $17.00 and set a "buy" rating on the stock 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 stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $17.20.

About McGraw Hill

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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