McGraw Hill (NYSE:MH) Hits New 1-Year High – Here’s What Happened

McGraw Hill, Inc. (NYSE:MH) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $17.40 and last traded at $17.46, with a volume of 35152 shares. The stock had previously closed at $16.96.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. BMO Capital Markets lowered their price objective on McGraw Hill from $25.00 to $21.00 and set an “outperform” rating on the stock in a report on Thursday, November 13th. Macquarie reissued an “outperform” rating and issued a $19.00 price target on shares of McGraw Hill in a report on Friday, October 17th. Deutsche Bank Aktiengesellschaft began coverage on McGraw Hill in a report on Monday, August 18th. They set a “buy” rating and a $18.00 price objective on the stock. Zacks Research raised McGraw Hill from a “hold” rating to a “strong-buy” rating in a report on Friday, November 14th. Finally, Baird R W upgraded shares of McGraw Hill to a “strong-buy” rating in a research report on Monday, August 18th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, McGraw Hill has an average rating of “Moderate Buy” and an average price target of $20.72.

McGraw Hill Stock Up 4.1%

The company has a 50 day simple moving average of $13.05.

McGraw Hill (NYSE:MH) last issued its quarterly earnings data on Wednesday, November 12th. The company reported $1.40 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $1.05. The business had revenue of $669.19 million during the quarter, compared to analyst estimates of $638.76 million. McGraw Hill’s revenue for the quarter was down 2.8% on a year-over-year basis. McGraw Hill has set its FY 2026 guidance at EPS.

Insider Buying and Selling at McGraw Hill

In related news, Director Steven Reinemund acquired 15,710 shares of the business’s stock in a transaction that occurred on Friday, November 14th. The stock was purchased at an average cost of $15.03 per share, for a total transaction of $236,121.30. Following the transaction, the director directly owned 15,710 shares of the company’s stock, valued at approximately $236,121.30. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Hedge Funds Weigh In On McGraw Hill

Hedge funds have recently bought and sold shares of the stock. Ameritas Investment Partners Inc. acquired a new position in shares of McGraw Hill in the third quarter worth $25,000. Legal & General Group Plc purchased a new stake in McGraw Hill during the 3rd quarter worth about $30,000. Strs Ohio acquired a new position in McGraw Hill in the 3rd quarter valued at about $54,000. BNP Paribas Financial Markets purchased a new position in McGraw Hill in the 3rd quarter valued at about $83,000. Finally, Greenland Capital Management LP acquired a new stake in shares of McGraw Hill during the 3rd quarter worth about $131,000.

About McGraw Hill

At McGraw Hill, our purpose is to unlock the potential of each learner at every stage of life. Our mission is to support educators, learners and professionals around the world with trusted, high-quality content and digital solutions that use data and learning science to adapt to each student as they progress towards their goals.