Caxton Associates LLP lifted its position in Scholastic Corporation (NASDAQ:SCHL – Free Report) by 248.3% during the 1st quarter, HoldingsChannel reports. The firm owned 40,079 shares of the company’s stock after acquiring an additional 28,571 shares during the quarter. Caxton Associates LLP’s holdings in Scholastic were worth $1,565,000 at the end of the most recent reporting period.
A number of other hedge funds also recently made changes to their positions in the company. Tower Research Capital LLC TRC boosted its stake in Scholastic by 458.1% during the second quarter. Tower Research Capital LLC TRC now owns 3,159 shares of the company’s stock valued at $66,000 after buying an additional 2,593 shares during the last quarter. GAMMA Investing LLC increased its stake in Scholastic by 29.5% in the 4th quarter. GAMMA Investing LLC now owns 3,289 shares of the company’s stock worth $97,000 after acquiring an additional 749 shares during the last quarter. Marquette Asset Management LLC bought a new stake in Scholastic in the 4th quarter worth approximately $116,000. BNP Paribas Financial Markets raised its holdings in shares of Scholastic by 127.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 5,197 shares of the company’s stock worth $142,000 after acquiring an additional 2,912 shares in the last quarter. Finally, Yousif Capital Management LLC purchased a new stake in shares of Scholastic during the 4th quarter worth approximately $181,000. 82.57% of the stock is currently owned by hedge funds and other institutional investors.
Scholastic Price Performance
Shares of NASDAQ SCHL opened at $43.15 on Friday. Scholastic Corporation has a 1-year low of $22.68 and a 1-year high of $48.07. The business’s 50 day moving average is $43.78 and its two-hundred day moving average is $38.91. The stock has a market capitalization of $938.08 million, a P/E ratio of 18.44, a PEG ratio of 1.38 and a beta of 0.99.
Scholastic Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 2.3%. The ex-dividend date is Monday, August 31st. This is a boost from Scholastic’s previous quarterly dividend of $0.20. Scholastic’s payout ratio is currently 32.26%.
Wall Street Analysts Forecast Growth
A number of research firms have recently commented on SCHL. Weiss Ratings reiterated a “hold (c+)” rating on shares of Scholastic in a research report on Thursday, June 18th. Zacks Research downgraded shares of Scholastic from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 19th. Wall Street Zen downgraded shares of Scholastic from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. Finally, B. Riley Financial increased their price objective on shares of Scholastic from $40.00 to $42.00 and gave the company a “neutral” rating in a research report on Wednesday, July 8th. Three analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $42.00.
View Our Latest Analysis on Scholastic
Scholastic News Summary
Here are the key news stories impacting Scholastic this week:
- Positive Sentiment: Scholastic raised its quarterly dividend to $0.25 per share, a 25% increase from $0.20, signaling confidence in cash flow and returning more capital to shareholders.
- Positive Sentiment: The company projected fiscal 2027 adjusted EBITDA of $135 million to $145 million and revenue growth of 2% to 4%, indicating a return to growth after a challenging year. Scholastic projects 2%-4% revenue growth and $135M-$145M adjusted EBITDA in fiscal 2027, following 25% dividend increase
- Positive Sentiment: Fiscal 2026 adjusted EBITDA came in at $151.5 million, up 4% and in line with guidance, showing operating resilience despite a tougher environment. Scholastic Reports Fourth Quarter and Fiscal 2026 Results
- Neutral Sentiment: For the quarter, Scholastic reported earnings of $2.19 per share, above estimates of $2.16, but revenue of $476.1 million missed expectations of $517.1 million, leaving investors focused on the sales shortfall. Scholastic: Fiscal Q4 Earnings Snapshot
- Neutral Sentiment: Management highlighted a multi-year transformation and said fiscal 2026 showed the earnings power of a more focused Scholastic, but investors will likely wait for evidence that revenue growth is improving. Scholastic Corp (SCHL) Q4 2026 Earnings Call Highlights: Navigating Challenges with Strategic …
- Negative Sentiment: Scholastic’s lower-than-expected revenue and cautious outlook relative to analyst revenue expectations suggest near-term pressure on the stock despite the earnings beat.
About Scholastic
Scholastic Corporation (NASDAQ: SCHL) is a global company dedicated to children’s publishing, education technology and distribution services. The company’s core business encompasses three primary segments: Children’s Book Publishing and Distribution, Education Technology, and International operations. Through its publishing arm, Scholastic produces and distributes a wide range of children’s books, novels, nonfiction titles and classroom magazines under well-known imprints such as Scholastic Press, Graphix and Chicken House.
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