Scholastic Corporation $SCHL Shares Bought by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC grew its stake in Scholastic Corporation (NASDAQ:SCHL) by 13.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,259 shares of the company’s stock after purchasing an additional 2,423 shares during the quarter. Nisa Investment Advisors LLC owned approximately 0.07% of Scholastic worth $425,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Scholastic in the second quarter valued at about $691,000. Allianz Asset Management GmbH grew its position in shares of Scholastic by 25.2% in the second quarter. Allianz Asset Management GmbH now owns 318,366 shares of the company’s stock valued at $6,679,000 after purchasing an additional 64,026 shares during the period. CWM LLC grew its position in shares of Scholastic by 152.9% in the second quarter. CWM LLC now owns 10,607 shares of the company’s stock valued at $223,000 after purchasing an additional 6,413 shares during the period. Signaturefd LLC grew its position in shares of Scholastic by 819.5% in the second quarter. Signaturefd LLC now owns 1,223 shares of the company’s stock valued at $26,000 after purchasing an additional 1,090 shares during the period. Finally, Strs Ohio acquired a new stake in shares of Scholastic in the first quarter valued at about $417,000. Institutional investors and hedge funds own 82.57% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on SCHL. Weiss Ratings reiterated a “sell (d)” rating on shares of Scholastic in a research report on Wednesday, October 8th. B. Riley began coverage on shares of Scholastic in a research report on Wednesday, September 3rd. They set a “buy” rating and a $37.00 price target on the stock. Finally, Wall Street Zen lowered shares of Scholastic from a “buy” rating to a “hold” rating in a research report on Friday, September 5th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $37.00.

Scholastic Price Performance

Shares of SCHL stock opened at $28.67 on Monday. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.16 and a quick ratio of 0.65. The firm’s 50-day moving average is $27.37 and its two-hundred day moving average is $22.99. Scholastic Corporation has a 12 month low of $15.77 and a 12 month high of $29.59. The company has a market capitalization of $720.74 million, a PE ratio of -43.44 and a beta of 1.24.

Scholastic (NASDAQ:SCHL) last issued its earnings results on Thursday, September 18th. The company reported ($2.52) 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 firm had revenue of $225.60 million for the quarter, compared to analysts’ expectations of $240.41 million. During the same period last year, the firm earned ($2.13) earnings per share. Scholastic has set its FY 2026 guidance at EPS. Analysts predict that Scholastic Corporation will post 0.84 earnings per share for the current year.

Scholastic Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Friday, October 31st will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Friday, October 31st. This represents a $0.80 dividend on an annualized basis and a yield of 2.8%. Scholastic’s payout ratio is -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.