Crossmark Global Holdings Inc. Makes New $11.41 Million Investment in John Wiley & Sons, Inc. $WLY

Crossmark Global Holdings Inc. bought a new position in John Wiley & Sons, Inc. (NYSE:WLY) during the 3rd quarter, HoldingsChannel.com reports. The fund bought 238,819 shares of the company’s stock, valued at approximately $11,406,000.

Other institutional investors have also made changes to their positions in the company. Nisa Investment Advisors LLC lifted its stake in John Wiley & Sons by 49.8% in the third quarter. Nisa Investment Advisors LLC now owns 2,226 shares of the company’s stock valued at $106,000 after acquiring an additional 740 shares during the last quarter. Counterpoint Mutual Funds LLC bought a new position in shares of John Wiley & Sons during the 3rd quarter valued at $872,000. GAMMA Investing LLC raised its holdings in shares of John Wiley & Sons by 11.7% during the 3rd quarter. GAMMA Investing LLC now owns 3,601 shares of the company’s stock valued at $172,000 after purchasing an additional 378 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in shares of John Wiley & Sons by 44.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 787 shares of the company’s stock valued at $38,000 after purchasing an additional 241 shares during the last quarter. Finally, Engineers Gate Manager LP acquired a new stake in shares of John Wiley & Sons in the 2nd quarter valued at $335,000. 73.94% of the stock is currently owned by institutional investors and hedge funds.

John Wiley & Sons Stock Performance

NYSE:WLY opened at $54.01 on Friday. The firm’s 50-day moving average is $50.19 and its 200-day moving average is $47.16. The company has a market cap of $2.74 billion, a price-to-earnings ratio of 12.45, a PEG ratio of 1.45 and a beta of 0.76. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.61 and a current ratio of 0.64. John Wiley & Sons, Inc. has a 52-week low of $28.38 and a 52-week high of $57.45.

John Wiley & Sons (NYSE:WLY) last released its earnings results on Thursday, September 3rd. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.04. John Wiley & Sons had a net margin of 11.90% and a return on equity of 27.99%. The business had revenue of $386.36 million during the quarter, compared to analysts’ expectations of $380.20 million. During the same quarter last year, the company earned $0.49 earnings per share. The firm’s revenue was down 2.6% on a year-over-year basis. John Wiley & Sons has set its FY 2027 guidance at 4.600-5.050 EPS. Equities research analysts anticipate that John Wiley & Sons, Inc. will post 4.80 earnings per share for the current year.

John Wiley & Sons Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 22nd. Shareholders of record on Tuesday, October 6th were paid a dividend of $0.3575 per share. The ex-dividend date was Tuesday, October 6th. This represents a $1.43 dividend on an annualized basis and a yield of 2.6%. John Wiley & Sons’s payout ratio is currently 37.83%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on WLY shares. Weiss Ratings cut shares of John Wiley & Sons from a “buy (b-)” rating to a “hold (c)” rating in a report on Tuesday, September 8th. Wall Street Zen downgraded John Wiley & Sons from a “strong-buy” rating to a “hold” rating in a research note on Saturday, September 12th. Two research analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

John Wiley & Sons Company Profile

John Wiley & Sons, Inc is a global research and education company that provides scholarly publishing, learning, and professional information services. The company serves researchers, students, educators, professionals, institutions, and organizations through digital and print content.

Wiley publishes academic journals, books, reference works, and educational materials across fields including science, technology, medicine, business, and the social sciences. Its offerings also include research databases, online learning resources, digital course materials, professional development content, and services that support scholarly communication and academic publishing.

Founded in 1807 by Charles Wiley, the company has evolved from a New York-based publishing business into an international provider of research and education content.