North Star Investment Management Corp. acquired a new stake in John Wiley & Sons, Inc. (NYSE:WLY – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 23,000 shares of the company’s stock, valued at approximately $704,000.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. EverSource Wealth Advisors LLC increased its holdings in John Wiley & Sons by 519.8% in the second quarter. EverSource Wealth Advisors LLC now owns 564 shares of the company’s stock valued at $25,000 after purchasing an additional 473 shares during the last quarter. Allworth Financial LP increased its holdings in John Wiley & Sons by 1,595.7% in the third quarter. Allworth Financial LP now owns 780 shares of the company’s stock valued at $32,000 after purchasing an additional 734 shares during the last quarter. Acadian Asset Management LLC bought a new stake in John Wiley & Sons in the first quarter valued at about $65,000. GAMMA Investing LLC increased its holdings in John Wiley & Sons by 39.8% in the fourth quarter. GAMMA Investing LLC now owns 1,684 shares of the company’s stock valued at $52,000 after purchasing an additional 479 shares during the last quarter. Finally, Strs Ohio bought a new stake in John Wiley & Sons in the first quarter valued at about $111,000. Institutional investors own 73.94% of the company’s stock.
Analysts Set New Price Targets
Separately, Zacks Research upgraded John Wiley & Sons from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 16th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy”.
John Wiley & Sons Trading Up 0.9%
NYSE WLY opened at $40.98 on Friday. The stock has a 50-day simple moving average of $37.08 and a 200 day simple moving average of $34.48. The company has a market capitalization of $2.10 billion, a PE ratio of 14.28 and a beta of 0.80. The company has a current ratio of 0.59, a quick ratio of 0.57 and a debt-to-equity ratio of 1.06. John Wiley & Sons, Inc. has a 12 month low of $28.38 and a 12 month high of $45.64.
John Wiley & Sons (NYSE:WLY – Get Free Report) last announced its quarterly earnings results on Thursday, March 5th. The company reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.11. John Wiley & Sons had a return on equity of 28.38% and a net margin of 9.24%.The company had revenue of $410.04 million during the quarter, compared to the consensus estimate of $391.00 million. During the same period in the prior year, the company earned $0.84 earnings per share. The company’s revenue for the quarter was up 1.3% compared to the same quarter last year. John Wiley & Sons has set its FY 2026 guidance at 3.900-4.350 EPS. Research analysts forecast that John Wiley & Sons, Inc. will post 4.2 EPS for the current year.
John Wiley & Sons Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, April 23rd. Shareholders of record on Tuesday, April 7th were issued a $0.355 dividend. This represents a $1.42 annualized dividend and a dividend yield of 3.5%. The ex-dividend date was Tuesday, April 7th. John Wiley & Sons’s dividend payout ratio is 49.48%.
John Wiley & Sons Profile
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.
Further Reading
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