Jump Financial LLC Takes Position in John Wiley & Sons, Inc. $WLY

Key Points

• Jump Financial LLC has invested approximately $1.56 million in John Wiley & Sons, acquiring 35,014 shares, which now represent about 0.07% of the company's total shares.
• John Wiley & Sons has announced a share buyback program worth $250 million, allowing the company to repurchase up to 10.7% of its shares, indicating management's belief in its stock's undervaluation.
• The company recently increased its quarterly dividend to $0.355, representing a return of 3.5% yield, up from the previous dividend of $0.35.

Jump Financial LLC bought a new position in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm bought 35,014 shares of the company's stock, valued at approximately $1,560,000. Jump Financial LLC owned 0.07% of John Wiley & Sons as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. acquired a new stake in John Wiley & Sons during the 1st quarter worth approximately $29,000. Aquatic Capital Management LLC acquired a new stake in shares of John Wiley & Sons in the fourth quarter valued at approximately $34,000. State of Wyoming acquired a new stake in shares of John Wiley & Sons in the fourth quarter valued at approximately $46,000. GAMMA Investing LLC raised its holdings in shares of 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. Finally, Harbor Capital Advisors Inc. raised its holdings in shares of 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. 73.94% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

John Wiley & Sons Stock Down 0.4%

Shares of NYSE:WLY traded down $0.16 during midday trading on Wednesday, hitting $39.62. The stock had a trading volume of 50,817 shares, compared to its average volume of 451,140. John Wiley & Sons, Inc. has a 12 month low of $36.50 and a 12 month high of $53.96. The company has a quick ratio of 0.51, a current ratio of 0.54 and a debt-to-equity ratio of 1.05. The business's 50-day simple moving average is $40.68 and its 200-day simple moving average is $41.63. The company has a market cap of $2.12 billion, a P/E ratio of 25.91 and a beta of 1.02.

John Wiley & Sons (NYSE:WLY - Get Free Report) last released its quarterly earnings data on Tuesday, June 17th. The company reported $1.37 EPS for the quarter, beating the consensus estimate of $1.27 by $0.10. John Wiley & Sons had a net margin of 5.02% and a return on equity of 27.42%. The firm had revenue of $442.58 million for the quarter, compared to the consensus estimate of $435.00 million. During the same period in the previous year, the company earned $1.21 earnings per share. The company's quarterly 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. On average, sell-side analysts forecast 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 stock buyback plan on Thursday, June 26th that authorizes the company to repurchase $250.00 million in outstanding shares. This repurchase authorization authorizes the company to purchase up to 10.7% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board of directors believes its shares are undervalued.

John Wiley & Sons Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 24th. Shareholders of record on Tuesday, July 8th were issued a $0.355 dividend. 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 3.6%. The ex-dividend date was Tuesday, July 8th. John Wiley & Sons's dividend payout ratio is presently 92.81%.

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.