Peregrine Capital Management LLC Invests $3.44 Million in McGraw Hill, Inc. $MH

Peregrine Capital Management LLC bought a new stake in McGraw Hill, Inc. (NYSE:MH) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 274,330 shares of the company’s stock, valued at approximately $3,443,000. Peregrine Capital Management LLC owned approximately 0.14% of McGraw Hill at the end of the most recent reporting period.

McGraw Hill Stock Up 5.9%

NYSE MH opened at $15.90 on Friday. The company’s 50-day simple moving average is $15.84. The company has a current ratio of 1.01, a quick ratio of 0.92 and a debt-to-equity ratio of 3.52. McGraw Hill, Inc. has a 12-month low of $10.69 and a 12-month high of $18.00. The stock has a market capitalization of $3.04 billion and a price-to-earnings ratio of 11.35.

McGraw Hill (NYSE:MH) last released its quarterly earnings data on Wednesday, November 12th. The company reported $1.40 EPS for the quarter, topping the consensus estimate of $0.35 by $1.05. The company had revenue of $669.19 million during the quarter, compared to analysts’ expectations of $638.76 million. The company’s quarterly revenue was down 2.8% compared to the same quarter last year.

Insider Buying and Selling

In related news, Director Steven Reinemund purchased 15,710 shares of the firm’s stock in a transaction on Friday, November 14th. The shares were acquired at an average cost of $15.03 per share, with a total value of $236,121.30. Following the purchase, the director directly owned 15,710 shares of the company’s stock, valued at approximately $236,121.30. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website.

Analysts Set New Price Targets

MH has been the topic of a number of research analyst reports. Macquarie reissued an “outperform” rating and issued a $19.00 price target on shares of McGraw Hill in a report on Friday, October 17th. Zacks Research raised McGraw Hill from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 14th. UBS Group raised their price target on McGraw Hill from $15.00 to $16.00 and gave the company a “neutral” rating in a research report on Thursday, November 13th. BTIG Research lifted their price target on McGraw Hill from $19.00 to $22.00 and gave the stock a “buy” rating in a research note on Tuesday, December 2nd. Finally, BMO Capital Markets reduced their price objective on McGraw Hill from $25.00 to $21.00 and set an “outperform” rating on the stock in a research report on Thursday, November 13th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, McGraw Hill currently has an average rating of “Moderate Buy” and an average target price of $20.63.

About McGraw Hill

McGraw Hill (NYSE:MH) is a global learning science company specializing in educational content, digital learning platforms, and assessment solutions. The company offers textbooks and course materials for K-12 and higher education, along with professional development resources for corporate and workforce training. Its digital solutions—including adaptive learning platforms and analytics-driven tools—support personalized instruction, progress tracking, and interactive engagement in both classroom and remote environments.

Founded in 1888 in New York City, McGraw Hill has evolved from a technical periodical publisher into one of the world’s leading providers of educational content and technology.