Dynamic Technology Lab Private Ltd Buys New Shares in John Wiley & Sons, Inc. $WLY

Key Points

• Dynamic Technology Lab Private Ltd has invested approximately $723,000 in John Wiley & Sons by acquiring 16,230 shares in the first quarter.
• John Wiley & Sons' quarterly earnings report indicated an EPS of $0.49, slightly below the analyst consensus of $0.50, while reporting revenue of $396.80 million exceeding expectations.
• The company has recently increased its quarterly dividend to $0.355 per share and authorized a stock buyback plan to repurchase up to $250 million of its outstanding shares.

Dynamic Technology Lab Private Ltd bought a new position in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 16,230 shares of the company's stock, valued at approximately $723,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Petrus Trust Company LTA increased its position in John Wiley & Sons by 188.6% during the 1st quarter. Petrus Trust Company LTA now owns 20,129 shares of the company's stock valued at $897,000 after buying an additional 13,154 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in John Wiley & Sons by 3.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,407 shares of the company's stock valued at $1,043,000 after buying an additional 707 shares in the last quarter. EP Wealth Advisors LLC bought a new position in John Wiley & Sons during the 1st quarter valued at approximately $261,000. Royal Bank of Canada increased its position in John Wiley & Sons by 13.5% during the 1st quarter. Royal Bank of Canada now owns 24,305 shares of the company's stock valued at $1,083,000 after buying an additional 2,897 shares in the last quarter. Finally, Vident Advisory LLC bought a new position in John Wiley & Sons during the 1st quarter valued at approximately $563,000. 73.94% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Wall Street Zen lowered John Wiley & Sons from a "strong-buy" rating to a "buy" rating in a report on Saturday, September 6th.

John Wiley & Sons Stock Performance

Shares of WLY traded down $0.12 during trading hours on Monday, hitting $41.08. The stock had a trading volume of 57,394 shares, compared to its average volume of 454,924. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.65 and a quick ratio of 0.61. John Wiley & Sons, Inc. has a 12 month low of $36.10 and a 12 month high of $53.96. The firm has a market capitalization of $2.19 billion, a PE ratio of 23.12 and a beta of 1.02. The stock has a fifty day moving average price of $40.15 and a 200 day moving average price of $41.69.

John Wiley & Sons (NYSE:WLY - Get Free Report) last issued its quarterly earnings data on Thursday, September 4th. The company reported $0.49 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.01). John Wiley & Sons had a return on equity of 27.31% and a net margin of 5.82%.The firm had revenue of $396.80 million during the quarter, compared to the consensus estimate of $375.00 million. During the same period in the previous year, the firm earned $0.47 EPS. The business's revenue was down 1.7% on a year-over-year basis. John Wiley & Sons has set its FY 2026 guidance at 3.900-4.350 EPS. Analysts anticipate that John Wiley & Sons, Inc. will post 3.42 EPS for the current year.

John Wiley & Sons Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 24th. Investors of record on Tuesday, July 8th were issued a $0.355 dividend. The ex-dividend date of this dividend was Tuesday, July 8th. This is an increase from John Wiley & Sons's previous quarterly dividend of $0.35. This represents a $1.42 annualized dividend and a dividend yield of 3.5%. John Wiley & Sons's dividend payout ratio is presently 79.78%.

John Wiley & Sons declared that its board has authorized a stock buyback plan on Thursday, June 26th that authorizes the company to buyback $250.00 million in outstanding shares. This buyback authorization authorizes the company to repurchase up to 10.7% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board believes its shares are undervalued.

About John Wiley & Sons

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.