John Wiley & Sons, Inc. $WLY Stock Bought by ProShare Advisors LLC

ProShare Advisors LLC lifted its holdings in John Wiley & Sons, Inc. (NYSE:WLY) by 31.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 204,245 shares of the company’s stock after acquiring an additional 49,317 shares during the period. ProShare Advisors LLC’s holdings in John Wiley & Sons were worth $9,755,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of WLY. Optiver Holding B.V. bought a new position in John Wiley & Sons during the first quarter worth about $26,000. Farther Finance Advisors LLC boosted its holdings in John Wiley & Sons by 44.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 787 shares of the company’s stock valued at $38,000 after purchasing an additional 241 shares during the period. Signaturefd LLC boosted its holdings in John Wiley & Sons by 380.9% in the 3rd quarter. Signaturefd LLC now owns 832 shares of the company’s stock valued at $40,000 after purchasing an additional 659 shares during the period. Sterling Capital Management LLC boosted its holdings in John Wiley & Sons by 97.8% in the 3rd quarter. Sterling Capital Management LLC now owns 1,001 shares of the company’s stock valued at $48,000 after purchasing an additional 495 shares during the period. Finally, Nisa Investment Advisors LLC grew its position in shares of John Wiley & Sons by 49.8% during the 3rd quarter. Nisa Investment Advisors LLC now owns 2,226 shares of the company’s stock worth $106,000 after purchasing an additional 740 shares in the last quarter. 73.94% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. Wall Street Zen cut shares of John Wiley & Sons from a “strong-buy” rating to a “hold” rating in a report on Saturday, September 12th. Weiss Ratings downgraded shares of John Wiley & Sons from a “buy (b-)” rating to a “hold (c)” rating in a research report on Tuesday, September 8th. Two equities research analysts have rated the stock with a Hold rating. According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

John Wiley & Sons Stock Performance

NYSE:WLY opened at $50.89 on Wednesday. The stock has a fifty day moving average price of $50.29 and a 200-day moving average price of $43.49. The company has a market cap of $2.58 billion, a price-to-earnings ratio of 12.23, a PEG ratio of 1.42 and a beta of 0.75. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.61 and a current ratio of 0.64. 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 released its earnings results on Thursday, September 3rd. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.04. John Wiley & Sons had a return on equity of 27.99% and a net margin of 11.90%. The company had revenue of $386.36 million for the quarter, compared to analyst estimates of $380.20 million. During the same period in the prior year, the firm posted $0.49 EPS. John Wiley & Sons’s quarterly revenue was down 2.6% on a year-over-year basis. John Wiley & Sons has set its FY 2027 guidance at 4.600-5.050 EPS. As a group, equities analysts anticipate that John Wiley & Sons, Inc. will post 4.80 EPS for the current fiscal year.

John Wiley & Sons Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 22nd. Investors of record on Tuesday, October 6th were given a dividend of $0.3575 per share. The ex-dividend date of this dividend was Tuesday, October 6th. This represents a $1.43 annualized dividend and a yield of 2.8%. John Wiley & Sons’s dividend payout ratio is currently 37.83%.

About John Wiley & Sons

John Wiley & Sons, Inc is a global research and education company that provides scholarly publishing, learning, and professional information services. The company serves researchers, students, educators, professionals, institutions, and organizations through digital and print content.

Wiley publishes academic journals, books, reference works, and educational materials across fields including science, technology, medicine, business, and the social sciences. Its offerings also include research databases, online learning resources, digital course materials, professional development content, and services that support scholarly communication and academic publishing.

Founded in 1807 by Charles Wiley, the company has evolved from a New York-based publishing business into an international provider of research and education content.