John Wiley & Sons (NYSE:WLY) Issues Earnings Results, Beats Estimates By $0.10 EPS

John Wiley & Sons (NYSE:WLY - Get Free Report) issued its quarterly earnings results on Tuesday. The company reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.27 by $0.10, Zacks reports. The company had revenue of $442.58 million for the quarter, compared to analysts' expectations of $435.00 million. John Wiley & Sons had a return on equity of 27.42% and a net margin of 5.02%. The firm's revenue for the quarter was down 5.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.21 earnings per share. John Wiley & Sons updated its FY 2026 guidance to 3.900-4.350 EPS.

John Wiley & Sons Stock Up 1.9%

NYSE WLY traded up $0.79 during trading hours on Friday, reaching $43.33. 1,151,577 shares of the company's stock traded hands, compared to its average volume of 389,197. The firm has a market cap of $2.33 billion, a PE ratio of 28.32 and a beta of 0.88. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.54 and a quick ratio of 0.52. John Wiley & Sons has a 52-week low of $36.50 and a 52-week high of $53.96. The firm has a 50-day simple moving average of $41.78 and a 200 day simple moving average of $42.60.

John Wiley & Sons Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 24th. Investors of record on Tuesday, April 8th were paid a $0.3525 dividend. The ex-dividend date of this dividend was Tuesday, April 8th. This represents a $1.41 annualized dividend and a dividend yield of 3.25%. John Wiley & Sons's payout ratio is 92.16%.

Hedge Funds Weigh In On John Wiley & Sons

Institutional investors and hedge funds have recently made changes to their positions in the business. Jane Street Group LLC boosted its stake in John Wiley & Sons by 14,320.0% during the 1st quarter. Jane Street Group LLC now owns 158,620 shares of the company's stock valued at $7,068,000 after purchasing an additional 157,520 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of John Wiley & Sons by 6.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 122,433 shares of the company's stock worth $5,456,000 after purchasing an additional 6,928 shares during the last quarter. Royal Bank of Canada lifted its holdings in shares of John Wiley & Sons by 13.5% during the first quarter. Royal Bank of Canada now owns 24,305 shares of the company's stock valued at $1,083,000 after purchasing an additional 2,897 shares in the last quarter. Strs Ohio bought a new position in shares of John Wiley & Sons during the first quarter valued at $111,000. Finally, Acadian Asset Management LLC purchased a new stake in shares of John Wiley & Sons during the first quarter valued at $65,000. Institutional investors own 73.94% of the company's stock.

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.