VIRGINIA RETIREMENT SYSTEMS ET Al Makes New Investment in Scholastic Corporation $SCHL

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Scholastic Corporation (NASDAQ:SCHL) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 29,847 shares of the company’s stock, valued at approximately $1,373,000.

Other institutional investors have also bought and sold shares of the company. OMERS ADMINISTRATION Corp bought a new position in shares of Scholastic in the first quarter worth about $1,164,000. Hsbc Holdings PLC bought a new stake in Scholastic during the 2nd quarter valued at approximately $1,236,000. Principal Financial Group Inc. lifted its holdings in Scholastic by 62.1% in the 1st quarter. Principal Financial Group Inc. now owns 174,539 shares of the company’s stock worth $6,817,000 after purchasing an additional 66,890 shares in the last quarter. Segall Bryant & Hamill LLC purchased a new position in Scholastic in the 1st quarter worth approximately $1,352,000. Finally, Caxton Associates LLP boosted its stake in Scholastic by 248.3% in the 1st quarter. Caxton Associates LLP now owns 40,079 shares of the company’s stock worth $1,565,000 after purchasing an additional 28,571 shares during the period. Hedge funds and other institutional investors own 82.57% of the company’s stock.

Scholastic Price Performance

NASDAQ:SCHL opened at $35.01 on Friday. The business’s 50-day moving average is $41.68 and its 200 day moving average is $40.36. Scholastic Corporation has a 12 month low of $22.68 and a 12 month high of $48.07. The company has a market capitalization of $660.29 million, a P/E ratio of 14.96, a P/E/G ratio of 1.67 and a beta of 1.01. The company has a current ratio of 1.23, a quick ratio of 0.78 and a debt-to-equity ratio of 0.10.

Scholastic (NASDAQ:SCHL) last released its quarterly earnings results on Thursday, July 23rd. The company reported $2.19 earnings per share for the quarter, beating the consensus estimate of $2.16 by $0.03. Scholastic had a return on equity of 5.29% and a net margin of 3.58%.The business had revenue of $476.10 million during the quarter, compared to analysts’ expectations of $517.06 million. During the same quarter last year, the business posted $0.59 EPS. On average, equities research analysts forecast that Scholastic Corporation will post 1.61 earnings per share for the current fiscal year.

Insider Activity at Scholastic

In related news, Director Andres A. Alonso sold 2,112 shares of the firm’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $40.28, for a total value of $85,071.36. Following the completion of the transaction, the director directly owned 21,189 shares of the company’s stock, valued at approximately $853,492.92. This trade represents a 9.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Iole Lucchese sold 289,624 shares of the business’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $39.76, for a total transaction of $11,515,450.24. Following the completion of the sale, the executive vice president owned 289,623 shares in the company, valued at $11,515,410.48. This represents a 50.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 294,986 shares of company stock valued at $11,731,334. 12.77% of the stock is owned by corporate insiders.

Key Stories Impacting Scholastic

Here are the key news stories impacting Scholastic this week:

• Positive Sentiment: Sidoti modestly raised its FY2027 EPS forecast to $1.46 from $1.44 and its FY2028 forecast to $2.67 from $2.64. The firm also increased Q4 2027 EPS to $2.29 from $2.27 and Q4 2028 EPS to $2.92 from $2.89, indicating somewhat better longer-term profitability expectations.
• Neutral Sentiment: Reported short interest was listed at zero shares, unchanged from the prior period, with a zero-day days-to-cover ratio. Because the figures appear inconsistent with normal short-interest reporting, they provide little meaningful signal for SCHL investors.
• Negative Sentiment: Sidoti lowered its EPS forecasts for several nearer-term periods, including Q1 2027 to a loss of $3.15 per share from $3.11, Q3 2027 to a loss of $0.84 from $0.83, and Q1 2028 to a loss of $3.34 from $3.31. These cuts may reinforce concerns about seasonal weakness and near-term earnings volatility.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on SCHL. 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 report on Wednesday, July 8th. Zacks Research lowered shares of Scholastic from a “hold” rating to a “strong sell” rating in a research report on Monday, July 27th. Finally, Weiss Ratings raised shares of Scholastic from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday. Two equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Scholastic currently has a consensus rating of “Reduce” and an average price target of $42.00.

Scholastic Profile

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.