Hillsdale Investment Management Inc. Grows Position in John Wiley & Sons, Inc. $WLY

Hillsdale Investment Management Inc. boosted its stake in John Wiley & Sons, Inc. (NYSE:WLY) by 110.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 76,150 shares of the company’s stock after buying an additional 40,000 shares during the period. Hillsdale Investment Management Inc.’s holdings in John Wiley & Sons were worth $2,901,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of WLY. JPMorgan Chase & Co. increased its position in shares of John Wiley & Sons by 13.8% during the third quarter. JPMorgan Chase & Co. now owns 650,021 shares of the company’s stock valued at $26,306,000 after acquiring an additional 78,595 shares during the last quarter. Brickwood Asset Management LLP purchased a new stake in shares of John Wiley & Sons in the 4th quarter valued at approximately $724,000. LSV Asset Management lifted its holdings in shares of John Wiley & Sons by 28.3% in the 4th quarter. LSV Asset Management now owns 127,700 shares of the company’s stock worth $3,911,000 after acquiring an additional 28,200 shares during the last quarter. Clarkston Capital Partners LLC lifted its holdings in shares of John Wiley & Sons by 18.6% in the 4th quarter. Clarkston Capital Partners LLC now owns 2,617,945 shares of the company’s stock worth $80,188,000 after acquiring an additional 410,121 shares during the last quarter. Finally, Thompson Siegel & Walmsley LLC boosted its position in shares of John Wiley & Sons by 139.7% during the 4th quarter. Thompson Siegel & Walmsley LLC now owns 235,461 shares of the company’s stock worth $7,212,000 after purchasing an additional 137,247 shares during the period. Institutional investors and hedge funds own 73.94% of the company’s stock.

Analysts Set New Price Targets

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

John Wiley & Sons Stock Up 0.7%

Shares of NYSE:WLY opened at $49.63 on Thursday. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.54 and a quick ratio of 0.51. The firm has a market capitalization of $2.52 billion, a PE ratio of 11.73 and a beta of 0.78. The firm’s 50-day moving average is $45.04 and its two-hundred day moving average is $38.08. John Wiley & Sons, Inc. has a 1 year low of $28.38 and a 1 year high of $53.24.

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

John Wiley & Sons Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 23rd. Shareholders of record on Tuesday, July 7th will be issued a dividend of $0.3575 per share. This is a boost from John Wiley & Sons’s previous quarterly dividend of $0.35. The ex-dividend date is Tuesday, July 7th. This represents a $1.43 dividend on an annualized basis and a yield of 2.9%. John Wiley & Sons’s dividend payout ratio (DPR) is currently 33.81%.

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.