Vanguard Group Inc. Sells 177,828 Shares of John Wiley & Sons, Inc. $WLY

Key Points

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Vanguard Group Inc. trimmed its holdings in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 3.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,140,984 shares of the company's stock after selling 177,828 shares during the quarter. Vanguard Group Inc. owned 9.55% of John Wiley & Sons worth $229,082,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Brown Advisory Inc. grew its stake in shares of John Wiley & Sons by 15.4% in 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 last quarter. Burgundy Asset Management Ltd. boosted its position in John Wiley & Sons by 1.7% during the fourth quarter. Burgundy Asset Management Ltd. now owns 1,027,831 shares of the company's stock valued at $44,926,000 after acquiring an additional 17,583 shares during the last quarter. Northern Trust Corp raised its position in shares of John Wiley & Sons by 10.9% in the 4th quarter. Northern Trust Corp now owns 440,272 shares of the company's stock worth $19,244,000 after acquiring an additional 43,275 shares in the last quarter. Alta Fox Capital Management LLC boosted its position in shares of John Wiley & Sons by 171.8% during the 4th quarter. Alta Fox Capital Management LLC now owns 347,047 shares of the company's stock valued at $15,169,000 after purchasing an additional 219,349 shares in the last quarter. Finally, New York State Common Retirement Fund grew its stake in John Wiley & Sons by 0.5% during the first quarter. New York State Common Retirement Fund now owns 299,229 shares of the company's stock worth $13,334,000 after purchasing an additional 1,409 shares during the period. 73.94% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Wall Street Zen raised John Wiley & Sons from a "buy" rating to a "strong-buy" rating in a research note on Saturday, June 21st.

John Wiley & Sons Stock Performance

Shares of WLY traded up $1.24 on Friday, reaching $41.09. 91,573 shares of the company's stock traded hands, compared to its average volume of 458,135. The stock has a market cap of $2.19 billion, a PE ratio of 26.87 and a beta of 0.96. John Wiley & Sons, Inc. has a 52-week low of $36.50 and a 52-week high of $53.96. The company has a current ratio of 0.54, a quick ratio of 0.51 and a debt-to-equity ratio of 1.05. The stock's 50 day simple moving average is $40.82 and its two-hundred day simple moving average is $41.65.

John Wiley & Sons (NYSE:WLY - Get Free Report) last issued its earnings results on Tuesday, June 17th. The company reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.27 by $0.10. John Wiley & Sons had a return on equity of 27.42% and a net margin of 5.02%.The firm had revenue of $442.58 million for the quarter, compared to analyst estimates of $435.00 million. During the same period in the previous year, the company posted $1.21 earnings per share. The business's 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, 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 of Directors has authorized a share buyback plan on Thursday, June 26th that permits the company to buyback $250.00 million in outstanding shares. This buyback authorization permits the company to repurchase up to 10.7% of its shares through open market purchases. Shares buyback plans are often an indication that the company's management believes its stock is undervalued.

John Wiley & Sons Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 24th. Stockholders of record on Tuesday, July 8th were given a dividend of $0.355 per share. This is an increase from John Wiley & Sons's previous quarterly dividend of $0.35. The ex-dividend date was Tuesday, July 8th. This represents a $1.42 annualized dividend and a dividend yield of 3.5%. John Wiley & Sons's dividend payout ratio is 92.81%.

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.