Petrus Trust Company LTA Raises Stake in John Wiley & Sons, Inc. $WLY

Key Points

• Petrus Trust Company LTA significantly increased its holdings in John Wiley & Sons, Inc. by 188.6%, owning 20,129 shares valued at approximately $897,000.
• John Wiley & Sons announced a $250 million stock buyback program and increased its quarterly dividend to $0.355 per share, reflecting a 3.6% yield.
• The company reported earnings per share of $0.49 for the last quarter, slightly missing estimates, while revenue totaled $396.80 million, indicating a 1.7% decline year-over-year.

Petrus Trust Company LTA boosted its position in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 188.6% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 20,129 shares of the company's stock after acquiring an additional 13,154 shares during the period. Petrus Trust Company LTA's holdings in John Wiley & Sons were worth $897,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in WLY. Northwestern Mutual Wealth Management Co. bought a new stake in John Wiley & Sons in the 1st quarter valued at about $29,000. State of Wyoming purchased a new position in John Wiley & Sons during the 4th quarter valued at about $46,000. GAMMA Investing LLC grew its holdings in John Wiley & Sons by 35.8% during the 1st quarter. GAMMA Investing LLC now owns 1,564 shares of the company's stock valued at $70,000 after buying an additional 412 shares in the last quarter. Harbor Capital Advisors Inc. grew its holdings in John Wiley & Sons by 37.8% during the 1st quarter. Harbor Capital Advisors Inc. now owns 1,827 shares of the company's stock valued at $81,000 after buying an additional 501 shares in the last quarter. Finally, XTX Topco Ltd purchased a new position in John Wiley & Sons during the 1st quarter valued at about $208,000. 73.94% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

John Wiley & Sons Price Performance

Shares of NYSE WLY traded down $0.06 during midday trading on Tuesday, hitting $41.31. 30,530 shares of the company's stock were exchanged, compared to its average volume of 455,329. John Wiley & Sons, Inc. has a 12-month low of $36.10 and a 12-month high of $53.96. 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 company has a market cap of $2.21 billion, a price-to-earnings ratio of 23.21 and a beta of 1.02. The business's fifty day moving average price is $40.29 and its two-hundred day moving average price is $41.63.

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 business had revenue of $396.80 million for the quarter, compared to analysts' expectations of $375.00 million. During the same period in the previous year, the firm posted $0.47 EPS. The firm's revenue for the quarter 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, research analysts forecast that John Wiley & Sons, Inc. will post 3.42 EPS for the current fiscal year.

John Wiley & Sons Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 24th. Stockholders of record on Tuesday, July 8th were issued a dividend of $0.355 per share. The ex-dividend date of this dividend was Tuesday, July 8th. This is a positive change from John Wiley & Sons's previous quarterly dividend of $0.35. This represents a $1.42 annualized dividend and a dividend yield of 3.4%. John Wiley & Sons's payout ratio is presently 79.78%.

John Wiley & Sons announced that its Board of Directors has initiated a stock buyback program on Thursday, June 26th that permits the company to repurchase $250.00 million in shares. This repurchase authorization permits the company to buy up to 10.7% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's board of directors believes its shares are undervalued.

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.