Dimensional Fund Advisors LP Increases Stock Position in John Wiley & Sons, Inc. $WLY

Dimensional Fund Advisors LP increased its holdings in John Wiley & Sons, Inc. (NYSE:WLY) by 14.3% in the 1st quarter, Holdings Channel reports. The institutional investor owned 1,829,676 shares of the company’s stock after purchasing an additional 228,864 shares during the period. Dimensional Fund Advisors LP’s holdings in John Wiley & Sons were worth $69,711,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. Maryland State Retirement & Pension System bought a new stake in John Wiley & Sons during the 1st quarter valued at $221,000. Hillsdale Investment Management Inc. boosted its holdings in shares of John Wiley & Sons by 110.7% in the first quarter. Hillsdale Investment Management Inc. now owns 76,150 shares of the company’s stock worth $2,901,000 after acquiring an additional 40,000 shares during the period. Principal Financial Group Inc. grew its position in shares of John Wiley & Sons by 0.8% in the first quarter. Principal Financial Group Inc. now owns 196,935 shares of the company’s stock valued at $7,503,000 after purchasing an additional 1,477 shares in the last quarter. Fifth Third Bancorp raised its stake in shares of John Wiley & Sons by 4,248.2% during the 1st quarter. Fifth Third Bancorp now owns 11,175 shares of the company’s stock valued at $426,000 after purchasing an additional 10,918 shares during the period. Finally, Counterpoint Mutual Funds LLC bought a new stake in shares of John Wiley & Sons during the 1st quarter valued at $571,000. 73.94% of the stock is currently owned by hedge funds and other institutional investors.

John Wiley & Sons Stock Down 0.6%

WLY opened at $52.18 on Friday. The firm has a market capitalization of $2.65 billion, a P/E ratio of 12.34 and a beta of 0.78. John Wiley & Sons, Inc. has a one year low of $28.38 and a one year high of $57.45. The company has a fifty day moving average price of $47.56 and a 200-day moving average price of $39.76. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.54 and a quick ratio of 0.51.

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

John Wiley & Sons Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 23rd. Shareholders of record on Tuesday, July 7th were issued a $0.3575 dividend. This represents a $1.43 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Tuesday, July 7th. This is an increase from John Wiley & Sons’s previous quarterly dividend of $0.35. John Wiley & Sons’s payout ratio is 33.81%.

Analyst Ratings Changes

Several research analysts have commented on WLY shares. Weiss Ratings upgraded John Wiley & Sons from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, July 7th. Zacks Research cut John Wiley & Sons from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 15th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

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.