ProShare Advisors LLC Acquires 49,317 Shares of John Wiley & Sons, Inc. $WLY

ProShare Advisors LLC grew its holdings in John Wiley & Sons, Inc. (NYSE:WLY) by 31.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 204,245 shares of the company’s stock after buying an additional 49,317 shares during the period. ProShare Advisors LLC owned 0.40% of John Wiley & Sons worth $9,755,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Corient Private Wealth LP increased its holdings in shares of John Wiley & Sons by 94.9% during the 2nd quarter. Corient Private Wealth LP now owns 34,685 shares of the company’s stock worth $1,683,000 after acquiring an additional 16,889 shares during the last quarter. Sei Investments Co. raised its stake in John Wiley & Sons by 66.0% in the 1st quarter. Sei Investments Co. now owns 94,647 shares of the company’s stock valued at $3,606,000 after acquiring an additional 37,642 shares during the period. Quantinno Capital Management LP lifted its holdings in John Wiley & Sons by 297.8% during the 1st quarter. Quantinno Capital Management LP now owns 38,360 shares of the company’s stock valued at $1,462,000 after purchasing an additional 28,716 shares during the last quarter. First Trust Advisors LP lifted its holdings in John Wiley & Sons by 38.6% during the 1st quarter. First Trust Advisors LP now owns 103,974 shares of the company’s stock valued at $3,961,000 after purchasing an additional 28,931 shares during the last quarter. Finally, Counterpoint Mutual Funds LLC acquired a new stake in John Wiley & Sons during the 3rd quarter valued at $872,000. 73.94% of the stock is currently owned by institutional investors.

John Wiley & Sons Trading Down 0.5%

Shares of WLY stock opened at $50.89 on Wednesday. The firm has a 50 day moving average price of $50.29 and a two-hundred day moving average price of $43.49. The company has a quick ratio of 0.61, a current ratio of 0.64 and a debt-to-equity ratio of 1.60. The company has a market capitalization of $2.58 billion, a PE ratio of 12.23, a price-to-earnings-growth ratio of 1.42 and a beta of 0.75. John Wiley & Sons, Inc. has a 12-month low of $28.38 and a 12-month high of $57.45.

John Wiley & Sons (NYSE:WLY) last posted its earnings results on Thursday, September 3rd. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.40 by $0.04. The company had revenue of $386.36 million for the quarter, compared to the consensus estimate of $380.20 million. John Wiley & Sons had a return on equity of 27.99% and a net margin of 11.90%. The firm’s revenue for the quarter was down 2.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.49 earnings per share. John Wiley & Sons has set its FY 2027 guidance at 4.600-5.050 EPS. As a group, analysts predict that John Wiley & Sons, Inc. will post 4.80 earnings per share for the current year.

John Wiley & Sons Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 22nd. Investors of record on Tuesday, October 6th were paid a $0.3575 dividend. The ex-dividend date was Tuesday, October 6th. This represents a $1.43 annualized dividend and a yield of 2.8%. John Wiley & Sons’s payout ratio is 37.83%.

Analyst Ratings Changes

A number of equities analysts have commented on WLY shares. Wall Street Zen cut shares of John Wiley & Sons from a “strong-buy” rating to a “hold” rating in a research report on Saturday, September 12th. Weiss Ratings lowered shares of John Wiley & Sons from a “buy (b-)” rating to a “hold (c)” rating in a research report on Tuesday, September 8th. Two analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

John Wiley & Sons Profile

John Wiley & Sons, Inc is a global research and education company that provides scholarly publishing, learning, and professional information services. The company serves researchers, students, educators, professionals, institutions, and organizations through digital and print content.

Wiley publishes academic journals, books, reference works, and educational materials across fields including science, technology, medicine, business, and the social sciences. Its offerings also include research databases, online learning resources, digital course materials, professional development content, and services that support scholarly communication and academic publishing.

Founded in 1807 by Charles Wiley, the company has evolved from a New York-based publishing business into an international provider of research and education content.