OMERS ADMINISTRATION Corp Makes New $1.16 Million Investment in Scholastic Corporation $SCHL

OMERS ADMINISTRATION Corp acquired a new stake in Scholastic Corporation (NASDAQ:SCHL) in the first quarter, HoldingsChannel.com reports. The firm acquired 29,800 shares of the company’s stock, valued at approximately $1,164,000.

Several other large investors have also modified their holdings of the company. Tower Research Capital LLC TRC increased its holdings in shares of Scholastic by 458.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,159 shares of the company’s stock valued at $66,000 after acquiring an additional 2,593 shares during the period. Marquette Asset Management LLC acquired a new stake in Scholastic during the 4th quarter worth $116,000. BNP Paribas Financial Markets grew its position in 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 purchasing an additional 2,912 shares during the last quarter. Fifth Third Bancorp grew its position in Scholastic by 5,351.0% during the 1st quarter. Fifth Third Bancorp now owns 5,451 shares of the company’s stock worth $213,000 after purchasing an additional 5,351 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in Scholastic in the first quarter valued at $221,000. 82.57% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Scholastic

Here are the key news stories impacting Scholastic this week:

• Positive Sentiment: Scholastic was identified as an oversold communication-services stock, with a relative strength index below 30. That technical condition may attract contrarian buyers seeking a potential rebound. Top 3 Tech And Telecom Stocks That Could Lead To Your Biggest Gains in July
• Positive Sentiment: The latest quarterly EPS result exceeded analysts’ expectations, while cost controls and continued book-fair momentum provide some support for the investment case. SCHL Q2 Deep Dive: Guidance Cut Despite Book Fair Momentum and Cost Controls
• Neutral Sentiment: A recent article highlighted a dividend-related move, increasing attention on Scholastic’s income potential. However, the provided report does not establish whether the change improves or reduces shareholder returns. Scholastic Dividend Move Sparks Fresh Focus
• Negative Sentiment: Zacks Research downgraded SCHL from “hold” to “strong sell,” adding a clear bearish signal for investors. Zacks Research
• Negative Sentiment: Sidoti sharply cut its FY2027 EPS forecast to $1.44 from $2.62 and reduced several quarterly estimates, including Q3 and Q4 2027. These revisions suggest weaker expected profitability ahead and could pressure valuation. Scholastic Corporation: A Look Back Does Not Bode Well For The Road Ahead
• Negative Sentiment: Although quarterly EPS beat estimates, revenue of $476.1 million fell short of the $517.1 million consensus, and management’s guidance was cut. The revenue miss and weaker outlook outweigh the modest earnings beat for many investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on SCHL. Wall Street Zen cut shares of Scholastic from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. B. Riley Financial boosted their price target on Scholastic from $40.00 to $42.00 and gave the company a “neutral” rating in a research report on Wednesday, July 8th. Weiss Ratings downgraded Scholastic from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday. Finally, Zacks Research cut Scholastic from a “hold” rating to a “strong sell” rating in a research report on Monday. Two analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $42.00.

Scholastic Stock Performance

NASDAQ:SCHL opened at $41.03 on Thursday. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.23 and a quick ratio of 0.73. The firm has a market cap of $892.07 million, a price-to-earnings ratio of 17.53, a price-to-earnings-growth ratio of 1.95 and a beta of 0.99. The firm’s fifty day moving average price is $43.84 and its 200 day moving average price is $39.15. Scholastic Corporation has a 1-year low of $22.68 and a 1-year high of $48.07.

Scholastic (NASDAQ:SCHL) last announced its quarterly earnings data on Thursday, July 23rd. The company reported $2.19 EPS for the quarter, topping analysts’ consensus estimates of $2.16 by $0.03. Scholastic had a net margin of 3.58% and a return on equity of 5.29%. The company had revenue of $476.10 million during the quarter, compared to the consensus estimate of $517.06 million. During the same quarter in the prior year, the firm earned $0.59 EPS. On average, sell-side analysts expect that Scholastic Corporation will post 1.6 EPS for the current year.

Scholastic Increases Dividend

The company 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 is an increase from Scholastic’s previous quarterly dividend of $0.20. This represents a $1.00 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Monday, August 31st. Scholastic’s dividend payout ratio is currently 42.74%.

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.