Quantbot Technologies LP Buys New Holdings in Scholastic Corporation $SCHL

Key Points

• Quantbot Technologies LP acquired a new stake in Scholastic Corporation, buying 22,726 shares valued at approximately $429,000, which represents 0.08% ownership of the company.
• Scholastic reported a quarterly earnings per share (EPS) of $0.87, surpassing analysts' estimates of $0.85, with revenue of $508.30 million exceeding forecasts.
• The company recently announced a quarterly dividend of $0.20 per share, resulting in an annualized dividend yield of 3.1% despite a significantly negative dividend payout ratio of -2,000.00%.

Quantbot Technologies LP purchased a new stake in Scholastic Corporation (NASDAQ:SCHL - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 22,726 shares of the company's stock, valued at approximately $429,000. Quantbot Technologies LP owned 0.08% of Scholastic as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. American Century Companies Inc. increased its position in Scholastic by 8.6% in the 1st quarter. American Century Companies Inc. now owns 675,583 shares of the company's stock valued at $12,755,000 after acquiring an additional 53,731 shares during the period. Public Sector Pension Investment Board raised its position in shares of Scholastic by 27.1% during the first quarter. Public Sector Pension Investment Board now owns 78,686 shares of the company's stock worth $1,486,000 after acquiring an additional 16,780 shares during the last quarter. Nuveen LLC bought a new position in shares of Scholastic during the first quarter worth about $1,980,000. Charles Schwab Investment Management Inc. raised its position in shares of Scholastic by 12.3% during the first quarter. Charles Schwab Investment Management Inc. now owns 637,928 shares of the company's stock worth $12,044,000 after acquiring an additional 69,722 shares during the last quarter. Finally, US Bancorp DE raised its position in shares of Scholastic by 6.2% during the first quarter. US Bancorp DE now owns 11,137 shares of the company's stock worth $210,000 after acquiring an additional 654 shares during the last quarter. 82.57% of the stock is currently owned by institutional investors and hedge funds.

Scholastic Trading Down 1.9%

Shares of Scholastic stock traded down $0.49 on Monday, hitting $25.66. 175,887 shares of the company's stock traded hands, compared to its average volume of 235,168. Scholastic Corporation has a one year low of $15.77 and a one year high of $34.18. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.16 and a quick ratio of 0.76. The company has a fifty day moving average of $23.64 and a two-hundred day moving average of $20.40. The company has a market capitalization of $642.78 million, a price-to-earnings ratio of -641.50 and a beta of 1.24.

Scholastic (NASDAQ:SCHL - Get Free Report) last announced its earnings results on Thursday, July 24th. The company reported $0.87 EPS for the quarter, beating the consensus estimate of $0.85 by $0.02. Scholastic had a positive return on equity of 1.39% and a negative net margin of 0.12%.The company had revenue of $508.30 million for the quarter, compared to analyst estimates of $494.59 million. Scholastic has set its FY 2026 guidance at EPS. As a group, sell-side analysts expect that Scholastic Corporation will post 0.84 earnings per share for the current year.

Scholastic Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Friday, August 29th will be given a dividend of $0.20 per share. The ex-dividend date is Friday, August 29th. This represents a $0.80 annualized dividend and a dividend yield of 3.1%. Scholastic's dividend payout ratio is presently -2,000.00%.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded Scholastic from a "hold" rating to a "buy" rating in a research report on Friday, August 22nd.

Scholastic Profile

Scholastic Corporation publishes and distributes children's books worldwide. It operates in three segments: Children's Book Publishing and Distribution, Education Solutions, and International. The Children's Book Publishing and Distribution segment engages in publication and distribution of children's print, digital, and audio books, as well as media and interactive products through its school reading events and trade channel; and operation of school-based book clubs and book fairs in the United States.