JPMorgan Chase & Co. Increases Stake in John Wiley & Sons, Inc. $WLY

JPMorgan Chase & Co. increased its stake in John Wiley & Sons, Inc. (NYSE:WLY) by 13.8% in the third quarter, Holdings Channel reports. The firm owned 650,021 shares of the company’s stock after purchasing an additional 78,595 shares during the period. JPMorgan Chase & Co.’s holdings in John Wiley & Sons were worth $26,306,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. EverSource Wealth Advisors LLC increased its stake 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 purchasing an additional 473 shares in the last quarter. Allworth Financial LP lifted its stake in shares of John Wiley & Sons by 1,595.7% during the third quarter. Allworth Financial LP now owns 780 shares of the company’s stock worth $32,000 after buying an additional 734 shares during the period. Acadian Asset Management LLC acquired a new stake in shares of John Wiley & Sons during the first quarter worth $65,000. Strs Ohio purchased a new stake in shares of John Wiley & Sons during the first quarter valued at $111,000. Finally, iSAM Funds UK Ltd purchased a new stake in shares of John Wiley & Sons during the third quarter valued at $146,000. Hedge funds and other institutional investors own 73.94% of the company’s stock.

John Wiley & Sons Stock Up 2.1%

John Wiley & Sons stock opened at $36.94 on Tuesday. The firm has a market cap of $1.90 billion, a price-to-earnings ratio of 12.87 and a beta of 0.96. John Wiley & Sons, Inc. has a 52 week low of $28.38 and a 52 week high of $45.64. The business’s 50-day moving average price is $31.90 and its 200 day moving average price is $34.50. The company has a quick ratio of 0.57, a current ratio of 0.59 and a debt-to-equity ratio of 1.06.

John Wiley & Sons (NYSE:WLY) last announced its quarterly earnings results on Thursday, March 5th. The company reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 previous year, the company posted $0.84 earnings per share. John Wiley & Sons’s revenue for the quarter was up 1.3% on a year-over-year basis. John Wiley & Sons has set its FY 2026 guidance at 3.900-4.350 EPS. As a group, sell-side analysts anticipate that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Weiss Ratings restated a “hold (c)” rating on shares of John Wiley & Sons in a research note on Monday, December 29th. 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, Zacks Research raised John Wiley & Sons to a “hold” rating in a report on Tuesday, December 16th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

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.