McGraw Hill (NYSE:MH) Director Steven Reinemund Buys 15,710 Shares

McGraw Hill, Inc. (NYSE:MH) Director Steven Reinemund bought 15,710 shares of the stock in a transaction on Friday, November 14th. The shares were purchased at an average price of $15.03 per share, with a total value of $236,121.30. Following the acquisition, the director owned 15,710 shares in the company, valued at approximately $236,121.30. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

McGraw Hill Stock Up 6.5%

MH stock opened at $16.27 on Wednesday. McGraw Hill, Inc. has a fifty-two week low of $10.69 and a fifty-two week high of $17.25. The stock’s 50-day moving average price is $12.89.

McGraw Hill (NYSE:MH) last announced its earnings results on Wednesday, November 12th. The company reported $1.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $1.05. The firm had revenue of $669.19 million during the quarter, compared to analyst estimates of $638.76 million. McGraw Hill’s revenue was down 2.8% on a year-over-year basis. McGraw Hill has set its FY 2026 guidance at EPS.

Hedge Funds Weigh In On McGraw Hill

Hedge funds and other institutional investors have recently bought and sold shares of the business. Peregrine Capital Management LLC acquired a new position in McGraw Hill during the third quarter worth approximately $3,443,000. Strs Ohio bought a new position in shares of McGraw Hill during the 3rd quarter worth approximately $54,000. Teacher Retirement System of Texas acquired a new position in shares of McGraw Hill during the 3rd quarter worth approximately $7,530,000. State of Wyoming bought a new stake in McGraw Hill in the 3rd quarter valued at $202,000. Finally, Rhumbline Advisers acquired a new stake in McGraw Hill during the 3rd quarter valued at $279,000.

Analysts Set New Price Targets

Several brokerages recently commented on MH. Robert W. Baird started coverage on shares of McGraw Hill in a report on Monday, August 18th. They set an “outperform” rating and a $21.00 target price for the company. The Goldman Sachs Group assumed coverage on shares of McGraw Hill in a research note on Monday, August 18th. They set a “buy” rating and a $27.00 price objective for the company. Macquarie restated an “outperform” rating and issued a $19.00 price objective on shares of McGraw Hill in a report on Friday, October 17th. Weiss Ratings assumed coverage on McGraw Hill in a report on Friday, October 17th. They set a “sell (e+)” rating on the stock. Finally, BMO Capital Markets decreased their price target on McGraw Hill from $25.00 to $21.00 and set an “outperform” rating for the company in a research note on Thursday, November 13th. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $20.72.

About McGraw Hill

At McGraw Hill, our purpose is to unlock the potential of each learner at every stage of life. Our mission is to support educators, learners and professionals around the world with trusted, high-quality content and digital solutions that use data and learning science to adapt to each student as they progress towards their goals.