John Wiley & Sons, Inc. $WLY Position Cut by SG Americas Securities LLC

SG Americas Securities LLC lessened its holdings in shares of John Wiley & Sons, Inc. (NYSE:WLY) by 63.7% in the first quarter, according to its most recent filing with the SEC. The firm owned 8,452 shares of the company’s stock after selling 14,824 shares during the quarter. SG Americas Securities LLC’s holdings in John Wiley & Sons were worth $322,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of WLY. EverSource Wealth Advisors LLC grew its position in John Wiley & Sons by 519.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 564 shares of the company’s stock valued at $25,000 after buying an additional 473 shares in the last quarter. Allworth Financial LP increased its stake in shares of John Wiley & Sons by 1,595.7% during the third quarter. Allworth Financial LP now owns 780 shares of the company’s stock valued at $32,000 after acquiring an additional 734 shares during the period. Caitong International Asset Management Co. Ltd raised its holdings in John Wiley & Sons by 264.3% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 827 shares of the company’s stock worth $25,000 after purchasing an additional 600 shares in the last quarter. Empowered Funds LLC acquired a new stake in John Wiley & Sons in the fourth quarter worth approximately $37,000. Finally, Hantz Financial Services Inc. boosted its stake in John Wiley & Sons by 2,378.6% during the 4th quarter. Hantz Financial Services Inc. now owns 1,388 shares of the company’s stock valued at $43,000 after purchasing an additional 1,332 shares in the last quarter. 73.94% of the stock is currently owned by institutional investors.

John Wiley & Sons Price Performance

NYSE WLY opened at $50.32 on Friday. John Wiley & Sons, Inc. has a 1 year low of $28.38 and a 1 year high of $53.24. The business’s fifty day moving average is $44.32 and its two-hundred day moving average is $37.56. The stock has a market capitalization of $2.55 billion, a P/E ratio of 11.90 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 (NYSE:WLY) last released its quarterly earnings data on Tuesday, June 16th. The company reported $1.67 earnings per share for the quarter, topping 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 return on equity of 29.01% and a net margin of 13.22%.The company’s revenue was up 1.2% compared to the same quarter last year. During the same period last year, the company posted $1.37 EPS. John Wiley & Sons has set its FY 2027 guidance at 4.600-5.050 EPS. On average, research analysts forecast 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 declared a quarterly dividend, which will be paid on Thursday, July 23rd. Investors of record on Tuesday, July 7th will be given a $0.3575 dividend. This is a positive change 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 dividend yield of 2.8%. John Wiley & Sons’s dividend payout ratio is 33.81%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on WLY shares. Zacks Research downgraded John Wiley & Sons from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 15th. Weiss Ratings raised John Wiley & Sons from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

About John Wiley & Sons

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.