Sei Investments Co. Purchases 37,642 Shares of John Wiley & Sons, Inc. $WLY

Sei Investments Co. increased its holdings in shares of John Wiley & Sons, Inc. (NYSE:WLY) by 66.0% in the 1st quarter, Holdings Channel.com reports. The firm owned 94,647 shares of the company’s stock after acquiring an additional 37,642 shares during the quarter. Sei Investments Co.’s holdings in John Wiley & Sons were worth $3,606,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the stock. Bank of Montreal Can bought a new stake in shares of John Wiley & Sons during the fourth quarter valued at approximately $13,526,000. Clarkston Capital Partners LLC lifted its holdings in John Wiley & Sons by 18.6% during the 4th quarter. Clarkston Capital Partners LLC now owns 2,617,945 shares of the company’s stock valued at $80,188,000 after purchasing an additional 410,121 shares during the last quarter. Qube Research & Technologies Ltd boosted its holdings in shares of John Wiley & Sons by 323.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 528,088 shares of the company’s stock worth $23,569,000 after acquiring an additional 403,389 shares in the last quarter. Marshall Wace LLP acquired a new position in John Wiley & Sons in the fourth quarter worth $12,273,000. Finally, Invesco Ltd. lifted its position in 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 in the last quarter. 73.94% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently issued reports on WLY shares. Weiss Ratings upgraded John Wiley & Sons from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, July 7th. Zacks Research downgraded John Wiley & Sons from a “strong-buy” rating to a “hold” rating in a report on Friday, May 15th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

John Wiley & Sons Stock Down 1.3%

WLY stock opened at $53.74 on Friday. The firm has a market capitalization of $2.73 billion, a PE ratio of 12.70 and a beta of 0.78. The business’s 50 day simple moving average is $48.51 and its 200 day simple moving average is $40.46. John Wiley & Sons, Inc. has a 1-year low of $28.38 and a 1-year high of $57.45. The company has a current ratio of 0.54, a quick ratio of 0.51 and a debt-to-equity ratio of 0.79.

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

John Wiley & Sons Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 23rd. Investors of record on Tuesday, July 7th were given a dividend of $0.3575 per share. The ex-dividend date was Tuesday, July 7th. This represents a $1.43 dividend on an annualized basis and a yield of 2.7%. This is a positive change from John Wiley & Sons’s previous quarterly dividend of $0.35. John Wiley & Sons’s dividend payout ratio is currently 33.81%.

John Wiley & Sons 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.