SG Americas Securities LLC Has $322,000 Holdings in John Wiley & Sons, Inc. $WLY

SG Americas Securities LLC lessened its position in John Wiley & Sons, Inc. (NYSE:WLY) by 63.7% in the 1st quarter, Holdings Channel reports. The fund owned 8,452 shares of the company’s stock after selling 14,824 shares during the period. SG Americas Securities LLC’s holdings in John Wiley & Sons were worth $322,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in WLY. EverSource Wealth Advisors LLC grew its position in John Wiley & Sons by 519.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 564 shares of the company’s stock worth $25,000 after purchasing an additional 473 shares in the last quarter. Allworth Financial LP boosted its position in shares of John Wiley & Sons by 1,595.7% in the third quarter. Allworth Financial LP now owns 780 shares of the company’s stock worth $32,000 after buying an additional 734 shares during the period. Caitong International Asset Management Co. Ltd boosted its position in shares of John Wiley & Sons by 264.3% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 827 shares of the company’s stock worth $25,000 after buying an additional 600 shares during the period. Empowered Funds LLC purchased a new position in shares of John Wiley & Sons during the fourth quarter valued at $37,000. Finally, Hantz Financial Services Inc. grew its holdings in shares of John Wiley & Sons by 2,378.6% during the fourth quarter. Hantz Financial Services Inc. now owns 1,388 shares of the company’s stock valued at $43,000 after buying an additional 1,332 shares in the last quarter. Institutional investors and hedge funds own 73.94% of the company’s stock.

John Wiley & Sons Stock Performance

Shares of NYSE WLY opened at $50.32 on Friday. The business’s 50-day moving average price is $44.32 and its two-hundred day moving average price is $37.56. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.54 and a quick ratio of 0.51. John Wiley & Sons, Inc. has a one year low of $28.38 and a one year high of $53.24. The company has a market capitalization of $2.55 billion, a P/E ratio of 11.90 and a beta of 0.78.

John Wiley & Sons (NYSE:WLY) last posted its quarterly earnings results on Tuesday, June 16th. The company reported $1.67 earnings per share for the quarter, topping analysts’ consensus estimates of $1.65 by $0.02. The company had revenue of $447.94 million during the quarter, compared to the consensus estimate of $450.00 million. John Wiley & Sons had a return on equity of 29.01% and a net margin of 13.22%.The business’s quarterly revenue was up 1.2% on a year-over-year basis. During the same period last year, the business earned $1.37 EPS. John Wiley & Sons has set its FY 2027 guidance at 4.600-5.050 EPS. Analysts anticipate that John Wiley & Sons, Inc. will post 4.8 earnings per share for the current fiscal year.

John Wiley & Sons Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 23rd. Investors of record on Tuesday, July 7th will be issued a $0.3575 dividend. This is an increase from John Wiley & Sons’s previous quarterly dividend of $0.35. This represents a $1.43 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Tuesday, July 7th. John Wiley & Sons’s dividend payout ratio is currently 33.81%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Zacks Research lowered John Wiley & Sons from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 15th. Weiss Ratings upgraded John Wiley & Sons from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

John Wiley & Sons Company Profile

John Wiley & Sons, Inc is a global publishing and educational services company founded in 1807 and headquartered in Hoboken, New Jersey. The company operates through two primary segments: Research & Publishing and Education. Through these segments, Wiley produces a wide range of scholarly journals, books, reference works and digital products for academic, scientific, technical and medical markets, as well as professional development and higher education learning resources.

In its Research & Publishing segment, Wiley publishes thousands of peer-reviewed journals and maintains the Wiley Online Library, a leading platform for scientific and scholarly content.