Sei Investments Co. Boosts Position in John Wiley & Sons, Inc. $WLY

Sei Investments Co. raised its stake in John Wiley & Sons, Inc. (NYSE:WLY) by 66.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 94,647 shares of the company’s stock after acquiring an additional 37,642 shares during the period. Sei Investments Co. owned 0.18% of John Wiley & Sons worth $3,606,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of WLY. Bank of Montreal Can acquired a new position in shares of John Wiley & Sons in the fourth quarter valued at approximately $13,526,000. Clarkston Capital Partners LLC increased its holdings in shares of John Wiley & Sons by 18.6% in 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 in the last quarter. Qube Research & Technologies Ltd lifted its position in shares of John Wiley & Sons by 323.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 528,088 shares of the company’s stock valued at $23,569,000 after acquiring an additional 403,389 shares during the period. Marshall Wace LLP acquired a new stake in John Wiley & Sons in the fourth quarter valued at $12,273,000. Finally, Invesco Ltd. increased its holdings in John Wiley & Sons by 192.5% during the 2nd quarter. Invesco Ltd. now owns 594,815 shares of the company’s stock valued at $26,547,000 after acquiring an additional 391,428 shares in the last quarter. 73.94% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

WLY has been the topic of several recent analyst reports. Weiss Ratings raised shares of John Wiley & Sons from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, July 7th. Zacks Research cut John Wiley & Sons from a “strong-buy” rating to a “hold” rating in a report on Friday, May 15th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

John Wiley & Sons Price Performance

Shares of NYSE:WLY opened at $53.74 on Friday. The company has a quick ratio of 0.51, a current ratio of 0.54 and a debt-to-equity ratio of 0.79. The firm has a 50-day simple moving average of $48.51 and a 200 day simple moving average of $40.46. The company has a market cap of $2.73 billion, a PE ratio of 12.70 and a beta of 0.78. John Wiley & Sons, Inc. has a fifty-two week low of $28.38 and a fifty-two week high of $57.45.

John Wiley & Sons (NYSE:WLY) last issued its quarterly earnings data on Tuesday, June 16th. The company reported $1.67 earnings per share for the quarter, beating the consensus estimate of $1.65 by $0.02. The firm had revenue of $447.94 million for the quarter, compared to the consensus estimate of $450.00 million. John Wiley & Sons had a net margin of 13.22% and a return on equity of 29.01%. John Wiley & Sons’s quarterly revenue 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. On average, sell-side analysts anticipate that John Wiley & Sons, Inc. will post 4.8 EPS for the current year.

John Wiley & Sons Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 23rd. Shareholders of record on Tuesday, July 7th were paid a dividend of $0.3575 per share. This is an increase from John Wiley & Sons’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Tuesday, July 7th. This represents a $1.43 annualized dividend and a yield of 2.7%. John Wiley & Sons’s dividend payout ratio (DPR) is presently 33.81%.

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.