Scholastic Corporation $SCHL Shares Bought by Signaturefd LLC

Signaturefd LLC lifted its holdings in Scholastic Corporation (NASDAQ:SCHL) by 819.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,223 shares of the company’s stock after acquiring an additional 1,090 shares during the period. Signaturefd LLC’s holdings in Scholastic were worth $26,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Peapod Lane Capital LLC acquired a new stake in shares of Scholastic in the first quarter worth $505,000. GAMMA Investing LLC grew its holdings in Scholastic by 182.4% during the 1st quarter. GAMMA Investing LLC now owns 1,776 shares of the company’s stock valued at $34,000 after purchasing an additional 1,147 shares in the last quarter. Victory Capital Management Inc. acquired a new stake in Scholastic during the 1st quarter valued at $414,000. Ananym Capital Management LP acquired a new stake in Scholastic during the 1st quarter valued at $23,600,000. Finally, Allianz Asset Management GmbH grew its holdings in Scholastic by 21.6% during the 1st quarter. Allianz Asset Management GmbH now owns 254,340 shares of the company’s stock valued at $4,802,000 after purchasing an additional 45,253 shares in the last quarter. Institutional investors and hedge funds own 82.57% of the company’s stock.

Wall Street Analysts Forecast Growth

SCHL has been the subject of a number of recent analyst reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Scholastic in a report on Saturday, September 27th. Wall Street Zen lowered shares of Scholastic from a “buy” rating to a “hold” rating in a report on Friday, September 5th. Finally, B. Riley initiated coverage on shares of Scholastic in a report on Wednesday, September 3rd. They set a “buy” rating and a $37.00 price target for the company. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $37.00.

Scholastic Trading Up 0.3%

Scholastic stock opened at $28.77 on Wednesday. The firm’s 50-day moving average is $26.11 and its 200-day moving average is $21.54. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.65 and a current ratio of 1.16. Scholastic Corporation has a 1 year low of $15.77 and a 1 year high of $29.59. The company has a market cap of $723.28 million, a P/E ratio of -43.59 and a beta of 1.24.

Scholastic (NASDAQ:SCHL) last posted its quarterly earnings results on Thursday, September 18th. The company reported ($2.52) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($2.44) by ($0.08). Scholastic had a positive return on equity of 1.10% and a negative net margin of 0.65%.The business had revenue of $225.60 million during the quarter, compared to the consensus estimate of $240.41 million. During the same quarter in the previous year, the business posted ($2.13) earnings per share. Scholastic has set its FY 2026 guidance at EPS. On average, equities analysts expect that Scholastic Corporation will post 0.84 earnings per share for the current year.

Scholastic Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Friday, October 31st will be given a $0.20 dividend. The ex-dividend date is Friday, October 31st. This represents a $0.80 annualized dividend and a yield of 2.8%. Scholastic’s dividend payout ratio (DPR) is currently -121.21%.

About Scholastic

Scholastic Corporation publishes and distributes children’s books worldwide. It operates in three segments: Children’s Book Publishing and Distribution, Education Solutions, and International. The Children’s Book Publishing and Distribution segment engages in publication and distribution of children’s print, digital, and audio books, as well as media and interactive products through its school reading events and trade channel; and operation of school-based book clubs and book fairs in the United States.