Louisiana State Employees Retirement System Makes New $682,000 Investment in John Wiley & Sons, Inc. $WLY

Louisiana State Employees Retirement System bought a new stake in John Wiley & Sons, Inc. (NYSE:WLY) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 17,900 shares of the company’s stock, valued at approximately $682,000.

Several other large investors also recently modified their holdings of the stock. Vanguard Group Inc. raised its holdings in shares of John Wiley & Sons by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 4,840,470 shares of the company’s stock worth $148,264,000 after purchasing an additional 25,174 shares during the period. Clarkston Capital Partners LLC raised its stake in shares of John Wiley & Sons by 18.6% in the fourth quarter. Clarkston Capital Partners LLC now owns 2,617,945 shares of the company’s stock valued at $80,188,000 after buying an additional 410,121 shares during the period. Schroder Investment Management Group lifted its position in shares of John Wiley & Sons by 14.9% during the 4th quarter. Schroder Investment Management Group now owns 1,807,857 shares of the company’s stock valued at $55,375,000 after buying an additional 234,527 shares during the last quarter. State Street Corp grew its stake in shares of John Wiley & Sons by 2.1% during the 2nd quarter. State Street Corp now owns 1,714,430 shares of the company’s stock worth $76,515,000 after acquiring an additional 34,782 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in John Wiley & Sons by 2.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,600,812 shares of the company’s stock valued at $49,034,000 after purchasing an additional 43,012 shares during the last quarter. Hedge funds and other institutional investors own 73.94% of the company’s stock.

John Wiley & Sons Price Performance

WLY traded up $0.27 during trading on Tuesday, reaching $52.80. The stock had a trading volume of 17,464 shares, compared to its average volume of 524,550. The business has a 50-day moving average of $43.72 and a 200-day moving average of $37.14. John Wiley & Sons, Inc. has a one year low of $28.38 and a one year high of $53.24. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.51 and a current ratio of 0.54. The stock has a market cap of $2.68 billion, a PE ratio of 12.49 and a beta of 0.78.

John Wiley & Sons (NYSE:WLY) last issued its quarterly earnings results on Tuesday, June 16th. The company reported $1.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.65 by $0.02. John Wiley & Sons had a return on equity of 29.01% and a net margin of 13.22%.The firm had revenue of $447.94 million during the quarter, compared to analyst estimates of $450.00 million. During the same quarter in the previous year, the company posted $1.37 earnings per share. The company’s revenue was up 1.2% compared to the same quarter last year. John Wiley & Sons has set its FY 2027 guidance at 4.600-5.050 EPS. As a group, equities research analysts anticipate that John Wiley & Sons, Inc. will post 4.8 EPS for the current fiscal year.

John Wiley & Sons Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 23rd. Shareholders of record on Tuesday, July 7th will be paid a dividend of $0.3575 per share. This represents a $1.43 annualized dividend and a dividend yield of 2.7%. This is a boost from John Wiley & Sons’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend is Tuesday, July 7th. John Wiley & Sons’s payout ratio is 33.57%.

Wall Street Analysts Forecast Growth

WLY has been the topic of several research reports. Zacks Research lowered shares of John Wiley & Sons from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 15th. Weiss Ratings raised John Wiley & Sons from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, May 29th. Two analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold”.

John Wiley & Sons Company 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.