Bastion Asset Management Inc. Cuts Stake in John Wiley & Sons, Inc. $WLY

Bastion Asset Management Inc. decreased its holdings in John Wiley & Sons, Inc. (NYSE:WLY) by 26.3% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 71,857 shares of the company’s stock after selling 25,684 shares during the period. John Wiley & Sons comprises approximately 1.7% of Bastion Asset Management Inc.’s investment portfolio, making the stock its 24th biggest holding. Bastion Asset Management Inc. owned about 0.14% of John Wiley & Sons worth $2,902,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of WLY. EverSource Wealth Advisors LLC raised its stake in John Wiley & Sons by 519.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 564 shares of the company’s stock worth $25,000 after acquiring an additional 473 shares during the last quarter. Whittier Trust Co. acquired a new stake in John Wiley & Sons during the second quarter worth about $33,000. Acadian Asset Management LLC purchased a new position in shares of John Wiley & Sons during the 1st quarter valued at approximately $65,000. Strs Ohio purchased a new position in John Wiley & Sons in the first quarter valued at $111,000. Finally, Lido Advisors LLC purchased a new position in shares of John Wiley & Sons in the 2nd quarter valued at about $233,000. 73.94% of the stock is currently owned by institutional investors.

John Wiley & Sons Stock Performance

Shares of John Wiley & Sons stock opened at $29.49 on Monday. The firm’s 50 day moving average is $30.77 and its two-hundred day moving average is $35.64. John Wiley & Sons, Inc. has a 52 week low of $28.38 and a 52 week high of $47.26. The company has a quick ratio of 0.67, a current ratio of 0.71 and a debt-to-equity ratio of 1.16. The firm has a market capitalization of $1.55 billion, a P/E ratio of 15.68 and a beta of 0.98.

John Wiley & Sons (NYSE:WLY) last released its quarterly earnings results on Thursday, December 4th. The company reported $1.10 EPS for the quarter, topping the consensus estimate of $0.97 by $0.13. John Wiley & Sons had a return on equity of 28.23% and a net margin of 6.11%.The company had revenue of $421.75 million for the quarter, compared to analyst estimates of $416.40 million. During the same quarter in the previous year, the company posted $0.97 earnings per share. The firm’s revenue was down 1.1% compared to the same quarter last year. John Wiley & Sons has set its FY 2026 guidance at 3.900-4.350 EPS. Research analysts forecast that John Wiley & Sons, Inc. will post 3.42 EPS for the current fiscal year.

John Wiley & Sons Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Tuesday, December 30th were paid a $0.355 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a $1.42 dividend on an annualized basis and a yield of 4.8%. John Wiley & Sons’s dividend payout ratio is presently 75.53%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on WLY shares. Zacks Research raised John Wiley & Sons to a “hold” rating in a report on Tuesday, December 16th. Wall Street Zen raised shares of John Wiley & Sons from a “buy” rating to a “strong-buy” rating in a research note on Saturday, December 13th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of John Wiley & Sons in a research note on Monday, December 29th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, John Wiley & Sons presently has an average rating of “Hold”.

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.