Counterpoint Mutual Funds LLC Takes Position in John Wiley & Sons, Inc. $WLY

Counterpoint Mutual Funds LLC bought a new stake in John Wiley & Sons, Inc. (NYSE:WLY) in the 1st quarter, according to its most recent filing with the SEC. The fund bought 14,998 shares of the company’s stock, valued at approximately $571,000.

A number of other hedge funds have also recently added to or reduced their stakes in WLY. Bank of Montreal Can acquired a new stake in John Wiley & Sons during the fourth quarter valued at $13,526,000. Clarkston Capital Partners LLC raised its position in shares of John Wiley & Sons by 18.6% in the fourth 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 period. Qube Research & Technologies Ltd boosted its stake in shares of John Wiley & Sons by 323.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 528,088 shares of the company’s stock worth $23,569,000 after acquiring an additional 403,389 shares in the last quarter. Marshall Wace LLP purchased a new stake in shares of John Wiley & Sons during the 4th quarter worth about $12,273,000. Finally, Invesco Ltd. grew its position in shares of John Wiley & Sons by 192.5% during the 2nd quarter. Invesco Ltd. now owns 594,815 shares of the company’s stock valued at $26,547,000 after acquiring an additional 391,428 shares during the period. 73.94% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages recently weighed in on WLY. Weiss Ratings upgraded John Wiley & Sons from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, May 29th. Zacks Research downgraded John Wiley & Sons from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 15th. Two analysts have rated the stock with a Hold rating, According to MarketBeat, John Wiley & Sons currently has an average rating of “Hold”.

John Wiley & Sons Price Performance

John Wiley & Sons stock opened at $52.75 on Friday. The stock has a market capitalization of $2.68 billion, a P/E ratio of 12.47 and a beta of 0.78. The company’s fifty day moving average price is $43.50 and its 200 day moving average price is $36.95. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.51 and a current ratio of 0.54. John Wiley & Sons, Inc. has a 1 year low of $28.38 and a 1 year high of $52.95.

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

John Wiley & Sons Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 23rd. Stockholders of record on Tuesday, July 7th will be paid a dividend of $0.3575 per share. This is an increase from John Wiley & Sons’s previous quarterly dividend of $0.35. This represents a $1.43 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Tuesday, July 7th. John Wiley & Sons’s dividend payout ratio is presently 33.57%.

John Wiley & Sons Company 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.