John Wiley & Sons, Inc. (NYSE:WLY – Get Free Report)’s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as $29.02 and last traded at $29.0560, with a volume of 202694 shares traded. The stock had previously closed at $31.39.
Analysts Set New Price Targets
A number of brokerages have recently commented on WLY. Zacks Research upgraded John Wiley & Sons to a “hold” rating in a report on Tuesday, December 16th. Wall Street Zen upgraded John Wiley & Sons from a “buy” rating to a “strong-buy” rating in a research note on Saturday, December 13th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of John Wiley & Sons in a research note on Monday, December 29th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold”.
John Wiley & Sons Trading Down 7.5%
John Wiley & Sons (NYSE:WLY – Get Free Report) last posted its quarterly earnings results on Thursday, December 4th. The company reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.13. The firm had revenue of $421.75 million for the quarter, compared to analyst estimates of $416.40 million. John Wiley & Sons had a net margin of 6.11% and a return on equity of 28.23%. The company’s quarterly revenue was down 1.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.97 earnings per share. 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 earnings per share for the current fiscal year.
John Wiley & Sons Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Tuesday, December 30th were issued 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 yield of 4.9%. John Wiley & Sons’s dividend payout ratio (DPR) is presently 75.53%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the business. EverSource Wealth Advisors LLC raised its stake in John Wiley & Sons by 519.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 564 shares of the company’s stock valued at $25,000 after acquiring an additional 473 shares during the period. Trust Co. of Toledo NA OH bought a new position in shares of John Wiley & Sons in the second quarter valued at about $31,000. Allworth Financial LP lifted its stake in shares of John Wiley & Sons by 1,595.7% during the 3rd quarter. Allworth Financial LP now owns 780 shares of the company’s stock worth $32,000 after buying an additional 734 shares during the last quarter. Whittier Trust Co. bought a new stake in shares of John Wiley & Sons during the 2nd quarter worth about $33,000. Finally, GAMMA Investing LLC grew its stake in John Wiley & Sons by 39.8% in the 4th quarter. GAMMA Investing LLC now owns 1,684 shares of the company’s stock valued at $52,000 after buying an additional 479 shares during the last quarter. 73.94% of the stock is currently owned by institutional investors.
About John Wiley & Sons
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.
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