Counterpoint Mutual Funds LLC Takes $571,000 Position in John Wiley & Sons, Inc. $WLY

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

A number of other institutional investors also recently bought and sold shares of WLY. Bank of Montreal Can acquired a new stake in shares of John Wiley & Sons during the fourth quarter worth $13,526,000. Clarkston Capital Partners LLC grew its stake in John Wiley & Sons by 18.6% during the 4th quarter. Clarkston Capital Partners LLC now owns 2,617,945 shares of the company’s stock valued at $80,188,000 after purchasing an additional 410,121 shares during the last quarter. Qube Research & Technologies Ltd increased its holdings in shares of John Wiley & Sons by 323.5% in the second quarter. Qube Research & Technologies Ltd now owns 528,088 shares of the company’s stock valued at $23,569,000 after purchasing an additional 403,389 shares during the period. Marshall Wace LLP purchased a new position in shares of John Wiley & Sons in the fourth quarter worth about $12,273,000. Finally, Invesco Ltd. raised its stake in shares of John Wiley & Sons by 192.5% in the second quarter. Invesco Ltd. now owns 594,815 shares of the company’s stock worth $26,547,000 after purchasing an additional 391,428 shares during the last quarter. 73.94% of the stock is currently owned by institutional investors and hedge funds.

John Wiley & Sons Price Performance

NYSE:WLY opened at $52.75 on Friday. The firm’s fifty day moving average is $43.50 and its two-hundred day moving average is $36.95. The firm has a market cap of $2.68 billion, a price-to-earnings ratio of 12.47 and a beta of 0.78. 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 one year low of $28.38 and a one year high of $52.95.

John Wiley & Sons (NYSE:WLY) last released its quarterly earnings data on Tuesday, June 16th. The company reported $1.67 earnings per share for the quarter, beating analysts’ consensus estimates 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 return on equity of 29.01% and a net margin of 13.22%.The company’s revenue was up 1.2% on a year-over-year basis. During the same quarter last year, the business posted $1.37 EPS. John Wiley & Sons has set its FY 2027 guidance at 4.600-5.050 EPS. Research analysts expect that John Wiley & Sons, Inc. will post 4.8 EPS for the current year.

John Wiley & Sons Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 23rd. Investors of record on Tuesday, July 7th will be given 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 annualized dividend and a yield of 2.7%. The ex-dividend date is Tuesday, July 7th. John Wiley & Sons’s dividend payout ratio (DPR) is 33.57%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Zacks Research lowered John Wiley & Sons from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 15th. Weiss Ratings raised shares of John Wiley & Sons from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, May 29th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock 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.