Kendall Capital Management Buys 9,080 Shares of John Wiley & Sons, Inc. $WLY

Key Points

• Kendall Capital Management increased its stake in John Wiley & Sons, buying 9,080 shares to reach a total of 93,697 shares, representing 1.1% of its investment portfolio.
• The company recently announced a $0.355 quarterly dividend, which leads to an annualized dividend of $1.42 and a yield of 3.6%.
• John Wiley & Sons reported earnings per share (EPS) of $0.49 for the last quarter, missing estimates, while also experiencing a 1.7% revenue decline year-over-year.

Kendall Capital Management grew its holdings in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 10.7% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 93,697 shares of the company's stock after buying an additional 9,080 shares during the period. John Wiley & Sons makes up 1.1% of Kendall Capital Management's investment portfolio, making the stock its 23rd largest holding. Kendall Capital Management owned about 0.18% of John Wiley & Sons worth $4,182,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Nuveen LLC acquired a new position in shares of John Wiley & Sons during the first quarter worth approximately $10,755,000. Public Sector Pension Investment Board raised its position in shares of John Wiley & Sons by 169.8% during the first quarter. Public Sector Pension Investment Board now owns 277,052 shares of the company's stock worth $12,345,000 after purchasing an additional 174,367 shares during the period. Brown Advisory Inc. raised its position in shares of John Wiley & Sons by 15.4% during the first quarter. Brown Advisory Inc. now owns 1,184,954 shares of the company's stock worth $52,802,000 after purchasing an additional 158,192 shares during the period. Jane Street Group LLC raised its position in John Wiley & Sons by 14,320.0% in the 1st quarter. Jane Street Group LLC now owns 158,620 shares of the company's stock valued at $7,068,000 after buying an additional 157,520 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in John Wiley & Sons by 5,949.7% in the 1st quarter. GAMMA Investing LLC now owns 69,692 shares of the company's stock valued at $3,105,000 after buying an additional 68,540 shares during the last quarter. 73.94% of the stock is currently owned by institutional investors.

John Wiley & Sons Stock Performance

Shares of WLY opened at $39.86 on Friday. The company has a market cap of $2.12 billion, a PE ratio of 22.39 and a beta of 1.02. The company has a current ratio of 0.65, a quick ratio of 0.61 and a debt-to-equity ratio of 1.12. The stock has a 50-day moving average price of $39.96 and a 200-day moving average price of $41.60. John Wiley & Sons, Inc. has a 12-month low of $36.10 and a 12-month high of $53.96.

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

John Wiley & Sons Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Tuesday, October 7th will be paid a $0.355 dividend. This represents a $1.42 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend is Tuesday, October 7th. John Wiley & Sons's dividend payout ratio is currently 79.78%.

John Wiley & Sons announced that its board has authorized a share repurchase plan on Thursday, June 26th that permits the company to buyback $250.00 million in shares. This buyback authorization permits the company to purchase up to 10.7% of its stock through open market purchases. Stock buyback plans are often an indication that the company's board believes its shares are undervalued.

Analyst Upgrades and Downgrades

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

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.

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