John Wiley & Sons (NYSE:WLY) Trading Down 4% – Here’s What Happened

John Wiley & Sons, Inc. (NYSE:WLY)’s stock price fell 4% during trading on Thursday . The stock traded as low as $36.37 and last traded at $36.3770. 261,575 shares were traded during trading, a decline of 41% from the average session volume of 445,406 shares. The stock had previously closed at $37.89.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on WLY shares. Weiss Ratings restated a “hold (c-)” rating on shares of John Wiley & Sons in a report on Monday. Wall Street Zen lowered John Wiley & Sons from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 6th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, John Wiley & Sons has a consensus rating of “Hold”.

John Wiley & Sons Trading Down 4.5%

The company has a market cap of $1.93 billion, a P/E ratio of 20.33 and a beta of 1.03. The company has a current ratio of 0.65, a quick ratio of 0.61 and a debt-to-equity ratio of 1.12. The business has a 50 day moving average price of $37.08 and a 200-day moving average price of $39.36.

John Wiley & Sons (NYSE:WLY) last posted its quarterly earnings results on Thursday, December 4th. The company reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.13. The firm had revenue of $421.75 million for the quarter, compared to analyst estimates of $416.40 million. John Wiley & Sons had a net margin of 5.82% and a return on equity of 27.31%. The company’s quarterly revenue was down 1.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.97 earnings per share. John Wiley & Sons has set its FY 2026 guidance at 3.900-4.350 EPS. Analysts forecast that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current fiscal year.

John Wiley & Sons Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Tuesday, October 7th were paid a $0.355 dividend. This represents a $1.42 annualized dividend and a yield of 3.9%. The ex-dividend date was Tuesday, October 7th. John Wiley & Sons’s dividend payout ratio (DPR) is 79.78%.

John Wiley & Sons declared that its board has approved a share repurchase program on Thursday, September 25th that allows the company to buyback $250.00 million in shares. This buyback authorization allows the company to reacquire up to 11.7% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its stock is undervalued.

Institutional Trading of John Wiley & Sons

Hedge funds have recently made changes to their positions in the business. SG Capital Management LLC increased its holdings in shares of John Wiley & Sons by 71.1% during the 3rd quarter. SG Capital Management LLC now owns 1,474,796 shares of the company’s stock worth $59,685,000 after acquiring an additional 612,866 shares during the last quarter. Qube Research & Technologies Ltd boosted its position in John Wiley & Sons by 323.5% during the second quarter. Qube Research & Technologies Ltd now owns 528,088 shares of the company’s stock worth $23,569,000 after purchasing an additional 403,389 shares during the period. Neumeier Poma Investment Counsel LLC bought a new position in shares of John Wiley & Sons in the third quarter valued at about $16,012,000. Invesco Ltd. boosted its holdings in shares of John Wiley & Sons by 192.5% during the 2nd quarter. Invesco Ltd. now owns 594,815 shares of the company’s stock worth $26,547,000 after buying an additional 391,428 shares during the period. Finally, Clarkston Capital Partners LLC lifted its position in John Wiley & Sons by 16.7% during the third quarter. Clarkston Capital Partners LLC now owns 2,207,824 shares of the company’s stock worth $89,351,000 after acquiring an additional 315,329 shares during the last quarter. 73.94% of the stock is owned by institutional investors and hedge funds.

John Wiley & Sons Company Profile

John Wiley & Sons, Inc engages in the provision of research and learning materials. It operates through the following segments: Research, Learning, and Held for Sale or Sold. The Research segment consists of research publishing and research solutions. The Learning segment includes academic and professional reporting lines and consists of publishing and related knowledge solutions.