Swiss National Bank Lowers Stake in John Wiley & Sons, Inc. $WLY

Swiss National Bank cut its position in shares of John Wiley & Sons, Inc. (NYSE:WLY) by 1.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 83,000 shares of the company’s stock after selling 1,300 shares during the quarter. Swiss National Bank owned approximately 0.15% of John Wiley & Sons worth $3,698,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. PNC Financial Services Group Inc. grew its holdings in shares of John Wiley & Sons by 6.1% during the first quarter. PNC Financial Services Group Inc. now owns 5,111 shares of the company’s stock worth $228,000 after buying an additional 295 shares in the last quarter. TradeLink Capital LLC grew its holdings in shares of John Wiley & Sons by 35.9% during the first quarter. TradeLink Capital LLC now owns 18,518 shares of the company’s stock worth $825,000 after buying an additional 4,891 shares in the last quarter. XTX Topco Ltd purchased a new stake in shares of John Wiley & Sons during the first quarter worth about $208,000. Meeder Asset Management Inc. grew its holdings in shares of John Wiley & Sons by 155.2% during the first quarter. Meeder Asset Management Inc. now owns 6,543 shares of the company’s stock worth $292,000 after buying an additional 3,979 shares in the last quarter. Finally, Picton Mahoney Asset Management purchased a new stake in shares of John Wiley & Sons during the first quarter worth about $1,111,000. 73.94% of the stock is currently owned by hedge funds and other institutional investors.

John Wiley & Sons Price Performance

John Wiley & Sons stock opened at $39.9140 on Thursday. John Wiley & Sons, Inc. has a 1 year low of $36.50 and a 1 year high of $53.96. The firm has a 50 day moving average price of $40.79 and a 200 day moving average price of $41.66. The company has a market cap of $2.13 billion, a price-to-earnings ratio of 26.09 and a beta of 0.96. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.51 and a current ratio of 0.54.

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

John Wiley & Sons announced that its board has initiated a stock repurchase program on Thursday, June 26th that allows the company to buyback $250.00 million in shares. This buyback authorization allows the company to purchase up to 10.7% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its shares are undervalued.

John Wiley & Sons Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 24th. Shareholders of record on Tuesday, July 8th were paid a dividend of $0.355 per share. This is an increase from John Wiley & Sons’s previous quarterly dividend of $0.35. This represents a $1.42 annualized dividend and a yield of 3.6%. The ex-dividend date was Tuesday, July 8th. John Wiley & Sons’s payout ratio is presently 92.81%.

Wall Street Analysts Forecast Growth

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

John Wiley & Sons Profile

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.