Intech Investment Management LLC reduced its stake in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 69.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,058 shares of the company's stock after selling 97,027 shares during the quarter. Intech Investment Management LLC owned about 0.08% of John Wiley & Sons worth $1,919,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of John Wiley & Sons in the first quarter valued at $29,000. State of Wyoming acquired a new position in John Wiley & Sons in the fourth quarter valued at $46,000. GAMMA Investing LLC increased its stake in John Wiley & Sons by 35.8% in the first 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 last quarter. Harbor Capital Advisors Inc. increased its stake in John Wiley & Sons by 37.8% in the first 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 last quarter. Finally, XTX Topco Ltd acquired a new position in John Wiley & Sons in the first quarter valued at $208,000. 73.94% of the stock is currently owned by hedge funds and other institutional investors.
John Wiley & Sons Stock Performance
Shares of NYSE WLY traded down $0.86 during mid-day trading on Friday, hitting $40.30. The company had a trading volume of 656,570 shares, compared to its average volume of 382,800. The stock has a market cap of $2.14 billion, a price-to-earnings ratio of 22.64 and a beta of 1.02. John Wiley & Sons, Inc. has a 12 month low of $36.10 and a 12 month high of $53.96. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.65 and a quick ratio of 0.61. The firm's 50 day simple moving average is $40.01 and its two-hundred day simple moving average is $41.74.
John Wiley & Sons (NYSE:WLY - Get Free Report) last posted its earnings results 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 net margin of 5.82% and a return on equity of 27.31%. The business had revenue of $396.80 million during the quarter, compared to analyst estimates of $375.00 million. During the same quarter in the prior year, the business earned $0.47 earnings per share. The firm's revenue was down 1.7% compared to the same quarter last year. John Wiley & Sons has set its FY 2026 guidance at 3.900-4.350 EPS. As a group, equities research analysts forecast that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current year.
John Wiley & Sons declared that its Board of Directors has authorized a share repurchase plan on Thursday, June 26th that allows the company to buyback $250.00 million in outstanding shares. This buyback authorization allows the company to buy up to 10.7% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its stock is undervalued.
John Wiley & Sons Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, July 24th. Investors of record on Tuesday, July 8th were issued a $0.355 dividend. This represents a $1.42 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date was Tuesday, July 8th. This is a positive change from John Wiley & Sons's previous quarterly dividend of $0.35. John Wiley & Sons's payout ratio is presently 79.78%.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen lowered John Wiley & Sons from a "strong-buy" rating to a "buy" rating in a research note on Saturday, September 6th.
Read Our Latest Stock Analysis on WLY
About John Wiley & Sons
(
Free Report)
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.
Featured Articles
Before you consider John Wiley & Sons, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and John Wiley & Sons wasn't on the list.
While John Wiley & Sons currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
