Thrivent Financial for Lutherans Cuts Stock Position in John Wiley & Sons, Inc. $WLY

Thrivent Financial for Lutherans cut its holdings in shares of John Wiley & Sons, Inc. (NYSE:WLY) by 46.6% during the third quarter, Holdings Channel.com reports. The fund owned 29,656 shares of the company’s stock after selling 25,855 shares during the period. Thrivent Financial for Lutherans’ holdings in John Wiley & Sons were worth $1,200,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Amalgamated Bank grew its position in shares of John Wiley & Sons by 3.5% during the third quarter. Amalgamated Bank now owns 12,008 shares of the company’s stock worth $486,000 after purchasing an additional 401 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in John Wiley & Sons by 519.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 564 shares of the company’s stock valued at $25,000 after buying an additional 473 shares in the last quarter. SkyView Investment Advisors LLC raised its position in shares of John Wiley & Sons by 3.2% during the second quarter. SkyView Investment Advisors LLC now owns 17,589 shares of the company’s stock valued at $794,000 after buying an additional 544 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in shares of John Wiley & Sons by 6.9% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 10,489 shares of the company’s stock valued at $468,000 after buying an additional 676 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of John Wiley & Sons by 3.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,407 shares of the company’s stock worth $1,043,000 after buying an additional 707 shares in the last quarter. Institutional investors own 73.94% of the company’s stock.

Wall Street Analysts Forecast Growth

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

John Wiley & Sons Price Performance

WLY stock opened at $29.49 on Friday. John Wiley & Sons, Inc. has a 52 week low of $28.38 and a 52 week high of $47.26. The firm has a market capitalization of $1.55 billion, a P/E ratio of 15.68 and a beta of 0.98. The company has a fifty day simple moving average of $30.77 and a two-hundred day simple moving average of $35.69. The company has a quick ratio of 0.67, a current ratio of 0.71 and a debt-to-equity ratio of 1.16.

John Wiley & Sons (NYSE:WLY) last posted its earnings results on Thursday, December 4th. The company reported $1.10 earnings per share for the quarter, topping analysts’ consensus estimates of $0.97 by $0.13. John Wiley & Sons had a net margin of 6.11% and a return on equity of 28.23%. The firm had revenue of $421.75 million for the quarter, compared to the consensus estimate of $416.40 million. During the same period in the previous year, the firm posted $0.97 EPS. The business’s quarterly revenue was down 1.1% on a year-over-year basis. John Wiley & Sons has set its FY 2026 guidance at 3.900-4.350 EPS. Analysts anticipate that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current fiscal year.

John Wiley & Sons Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Tuesday, December 30th were paid a dividend of $0.355 per share. This represents a $1.42 annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend was Tuesday, December 30th. John Wiley & Sons’s payout ratio is presently 75.53%.

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.