John Wiley & Sons, Inc. $WLY Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lowered its position in shares of John Wiley & Sons, Inc. (NYSE:WLY) by 0.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 686,456 shares of the company’s stock after selling 5,372 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.27% of John Wiley & Sons worth $30,588,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Sterling Capital Management LLC raised its stake in John Wiley & Sons by 686.1% during the fourth quarter. Sterling Capital Management LLC now owns 621 shares of the company’s stock worth $27,000 after purchasing an additional 542 shares during the period. Summit Investment Advisors Inc. raised its stake in shares of John Wiley & Sons by 18.3% in the 4th quarter. Summit Investment Advisors Inc. now owns 4,175 shares of the company’s stock valued at $182,000 after acquiring an additional 645 shares during the period. First Trust Advisors LP purchased a new position in shares of John Wiley & Sons in the 4th quarter valued at $3,436,000. MetLife Investment Management LLC raised its stake in shares of John Wiley & Sons by 16.0% in the 4th quarter. MetLife Investment Management LLC now owns 24,000 shares of the company’s stock valued at $1,049,000 after acquiring an additional 3,309 shares during the period. Finally, OneDigital Investment Advisors LLC purchased a new position in shares of John Wiley & Sons in the 4th quarter valued at $550,000. Institutional investors and hedge funds own 73.94% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised shares of John Wiley & Sons from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 21st.

John Wiley & Sons Price Performance

WLY opened at $40.15 on Wednesday. The firm has a market cap of $2.14 billion, a price-to-earnings ratio of 26.24 and a beta of 0.96. The company has a current ratio of 0.54, a quick ratio of 0.51 and a debt-to-equity ratio of 1.05. John Wiley & Sons, Inc. has a twelve month low of $36.50 and a twelve month high of $53.96. The company has a fifty day simple moving average of $40.78 and a 200 day simple moving average of $41.67.

John Wiley & Sons (NYSE:WLY) last posted its quarterly earnings results on Tuesday, June 17th. The company reported $1.37 EPS for the quarter, beating the consensus estimate of $1.27 by $0.10. The business had revenue of $442.58 million during the quarter, compared to analyst estimates of $435.00 million. John Wiley & Sons had a net margin of 5.02% and a return on equity of 27.42%. The company’s quarterly revenue was down 5.5% on a year-over-year basis. During the same period in the previous year, the business posted $1.21 EPS. John Wiley & Sons has set its FY 2026 guidance at 3.900-4.350 EPS. Equities research analysts expect that John Wiley & Sons, Inc. will post 3.42 EPS for the current fiscal year.

John Wiley & Sons announced that its board has initiated a share buyback plan on Thursday, June 26th that permits the company to buyback $250.00 million in outstanding shares. This buyback authorization permits the company to reacquire up to 10.7% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.

John Wiley & Sons Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 24th. Investors of record on Tuesday, July 8th were issued a $0.355 dividend. This represents a $1.42 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date was Tuesday, July 8th. This is an increase from John Wiley & Sons’s previous quarterly dividend of $0.35. John Wiley & Sons’s payout ratio is presently 92.81%.

About John Wiley & Sons

John Wiley & Sons, Inc engages in the provision of research and learning materials. It operates through the following segments: Research, Learning, and Held for Sale or Sold. The Research segment consists of research publishing and research solutions. The Learning segment includes academic and professional reporting lines and consists of publishing and related knowledge solutions.