Silverberg Bernstein Capital Management LLC Reduces Stake in John Wiley & Sons, Inc. $WLY

Key Points

• Silverberg Bernstein Capital Management LLC reduced its holdings in John Wiley & Sons, Inc. by 48.7%, resulting in ownership of 8,110 shares valued at $362,000.
• John Wiley & Sons reported $0.49 EPS for the latest quarter, missing expectations, with revenue of $396.80 million, which was above the consensus estimate.
• The company recently increased its quarterly dividend from $0.35 to $0.355 per share, indicating a continued commitment to returning value to shareholders.

Silverberg Bernstein Capital Management LLC reduced its stake in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 48.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,110 shares of the company's stock after selling 7,690 shares during the period. Silverberg Bernstein Capital Management LLC's holdings in John Wiley & Sons were worth $362,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Nuveen LLC purchased a new stake in shares of John Wiley & Sons during the 1st quarter worth about $10,755,000. Public Sector Pension Investment Board grew its stake in John Wiley & Sons by 169.8% during the 1st quarter. Public Sector Pension Investment Board now owns 277,052 shares of the company's stock valued at $12,345,000 after acquiring an additional 174,367 shares in the last quarter. Brown Advisory Inc. grew its stake in shares of John Wiley & Sons by 15.4% in the 1st quarter. Brown Advisory Inc. now owns 1,184,954 shares of the company's stock valued at $52,802,000 after buying an additional 158,192 shares during the period. Jane Street Group LLC grew its stake in shares of 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 period. Finally, GAMMA Investing LLC lifted its holdings in shares of John Wiley & Sons by 5,949.7% in the 1st quarter. GAMMA Investing LLC now owns 69,692 shares of the company's stock worth $3,105,000 after acquiring an additional 68,540 shares during the last quarter. Hedge funds and other institutional investors own 73.94% of the company's stock.

John Wiley & Sons Trading Down 2.1%

WLY stock traded down $0.86 during midday trading on Friday, reaching $40.30. The stock had a trading volume of 656,570 shares, compared to its average volume of 382,800. The business has a fifty day simple moving average of $40.01 and a two-hundred day simple moving average of $41.74. The company has a quick ratio of 0.61, a current ratio of 0.65 and a debt-to-equity ratio of 1.12. The firm 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 twelve month low of $36.10 and a twelve month high of $53.96.

John Wiley & Sons (NYSE:WLY - Get Free Report) last released 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). The firm had revenue of $396.80 million during the quarter, compared to the consensus estimate of $375.00 million. John Wiley & Sons had a net margin of 5.82% and a return on equity of 27.31%. The company's revenue was down 1.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.47 EPS. John Wiley & Sons has set its FY 2026 guidance at 3.900-4.350 EPS. As a group, research analysts expect that John Wiley & Sons, Inc. will post 3.42 EPS for the current fiscal year.

John Wiley & Sons declared that its board has approved a stock buyback program on Thursday, June 26th that allows the company to buyback $250.00 million in shares. This buyback authorization allows the company to purchase up to 10.7% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership 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. Investors of record on Tuesday, July 8th were paid a dividend of $0.355 per share. 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 dividend payout ratio is presently 79.78%.

Analyst Upgrades and Downgrades

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

John Wiley & Sons Company 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.