John Wiley & Sons, Inc. (NYSE:WLY – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $29.02 and last traded at $29.0560, with a volume of 202694 shares changing hands. The stock had previously closed at $31.39.
Analysts Set New Price Targets
Several equities research analysts have weighed in on WLY shares. Wall Street Zen raised John Wiley & Sons from a “buy” rating to a “strong-buy” rating in a research report on Saturday, December 13th. Weiss Ratings restated a “hold (c)” rating on shares of John Wiley & Sons in a research report on Monday, December 29th. Finally, Zacks Research upgraded shares of John Wiley & Sons to a “hold” rating in a research report on Tuesday, December 16th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, John Wiley & Sons has a consensus rating of “Hold”.
John Wiley & Sons Stock Performance
John Wiley & Sons (NYSE:WLY – Get Free Report) last issued its quarterly earnings data on Thursday, December 4th. The company reported $1.10 earnings per share for the quarter, beating analysts’ consensus estimates of $0.97 by $0.13. The business had revenue of $421.75 million for the quarter, compared to analysts’ expectations of $416.40 million. John Wiley & Sons had a net margin of 6.11% and a return on equity of 28.23%. The company’s revenue was down 1.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.97 earnings per share. John Wiley & Sons has set its FY 2026 guidance at 3.900-4.350 EPS. Equities analysts expect that John Wiley & Sons, Inc. will post 3.42 EPS for the current fiscal year.
John Wiley & Sons Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Tuesday, December 30th were issued a $0.355 dividend. The ex-dividend date was Tuesday, December 30th. This represents a $1.42 annualized dividend and a dividend yield of 4.9%. John Wiley & Sons’s dividend payout ratio (DPR) is 75.53%.
Institutional Investors Weigh In On John Wiley & Sons
Institutional investors have recently added to or reduced their stakes in the company. Access Investment Management LLC grew its holdings in shares of John Wiley & Sons by 74.7% in the 3rd quarter. Access Investment Management LLC now owns 155,940 shares of the company’s stock worth $6,311,000 after acquiring an additional 66,660 shares during the last quarter. Jupiter Asset Management Ltd. acquired a new position in shares of John Wiley & Sons in the 2nd quarter valued at $1,998,000. JPMorgan Chase & Co. boosted its position in shares of John Wiley & Sons by 19.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 571,426 shares of the company’s stock valued at $25,503,000 after purchasing an additional 91,294 shares during the period. AdvisorShares Investments LLC purchased a new position in John Wiley & Sons in the 2nd quarter worth about $466,000. Finally, Teacher Retirement System of Texas raised its holdings in John Wiley & Sons by 82.5% during the 2nd quarter. Teacher Retirement System of Texas now owns 20,284 shares of the company’s stock worth $905,000 after buying an additional 9,172 shares during the period. 73.94% of the stock is currently owned by institutional investors and hedge funds.
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.
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