Access Investment Management LLC Purchases 66,660 Shares of John Wiley & Sons, Inc. $WLY

Access Investment Management LLC boosted its position in shares of John Wiley & Sons, Inc. (NYSE:WLYFree Report) by 74.7% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 155,940 shares of the company’s stock after purchasing an additional 66,660 shares during the quarter. John Wiley & Sons comprises about 1.7% of Access Investment Management LLC’s portfolio, making the stock its 22nd biggest position. Access Investment Management LLC owned 0.29% of John Wiley & Sons worth $6,311,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. EverSource Wealth Advisors LLC increased its stake in shares of John Wiley & Sons by 519.8% during the second quarter. EverSource Wealth Advisors LLC now owns 564 shares of the company’s stock valued at $25,000 after buying an additional 473 shares during the period. Trust Co. of Toledo NA OH purchased a new position in John Wiley & Sons during the 2nd quarter valued at about $31,000. Whittier Trust Co. purchased a new position in John Wiley & Sons during the 2nd quarter valued at about $33,000. Acadian Asset Management LLC bought a new stake in shares of John Wiley & Sons in the 1st quarter valued at about $65,000. Finally, Strs Ohio purchased a new stake in shares of John Wiley & Sons in the 1st quarter worth approximately $111,000. 73.94% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Zacks Research raised shares of John Wiley & Sons to a “hold” rating in a report on Tuesday, December 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of John Wiley & Sons in a report on Monday, December 29th. Finally, Wall Street Zen raised John Wiley & Sons from a “buy” rating to a “strong-buy” rating in a research report on Saturday, December 13th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, John Wiley & Sons presently has an average rating of “Hold”.

Check Out Our Latest Report on John Wiley & Sons

John Wiley & Sons Price Performance

NYSE WLY opened at $31.24 on Friday. The firm’s fifty day simple moving average is $32.02 and its two-hundred day simple moving average is $36.38. The firm has a market capitalization of $1.64 billion, a P/E ratio of 16.62 and a beta of 0.97. The company has a current ratio of 0.71, a quick ratio of 0.67 and a debt-to-equity ratio of 1.16. John Wiley & Sons, Inc. has a 12-month low of $29.18 and a 12-month high of $47.26.

John Wiley & Sons (NYSE:WLYGet Free Report) last issued its quarterly earnings data on Thursday, December 4th. The company reported $1.10 EPS for the quarter, beating the consensus estimate of $0.97 by $0.13. John Wiley & Sons had a return on equity of 28.23% and a net margin of 6.11%.The firm had revenue of $421.75 million during the quarter, compared to analyst estimates of $416.40 million. During the same quarter in the prior year, the business posted $0.97 EPS. The business’s revenue for the quarter was down 1.1% compared to the same quarter last year. John Wiley & Sons has set its FY 2026 guidance at 3.900-4.350 EPS. Analysts forecast that John Wiley & Sons, Inc. will post 3.42 EPS for the current fiscal year.

John Wiley & Sons Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Tuesday, December 30th were paid a dividend of $0.355 per share. The ex-dividend date was Tuesday, December 30th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 4.5%. John Wiley & Sons’s payout ratio is presently 75.53%.

John Wiley & Sons Profile

(Free Report)

John Wiley & Sons, Inc is a global publishing and educational services company founded in 1807 and headquartered in Hoboken, New Jersey. The company operates through two primary segments: Research & Publishing and Education. Through these segments, Wiley produces a wide range of scholarly journals, books, reference works and digital products for academic, scientific, technical and medical markets, as well as professional development and higher education learning resources.

In its Research & Publishing segment, Wiley publishes thousands of peer-reviewed journals and maintains the Wiley Online Library, a leading platform for scientific and scholarly content.

See Also

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Institutional Ownership by Quarter for John Wiley & Sons (NYSE:WLY)

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