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

McGraw Hill, Inc. (NYSE:MH) Director Steven Reinemund purchased 15,710 shares of the company’s stock in a transaction dated Friday, November 14th. The shares were acquired at an average price of $15.03 per share, for a total transaction of $236,121.30. Following the purchase, the director directly owned 15,710 shares of the company’s stock, valued at approximately $236,121.30. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.

McGraw Hill Trading Up 6.5%

Shares of NYSE MH traded up $1.00 during midday trading on Tuesday, reaching $16.27. The company had a trading volume of 875,056 shares, compared to its average volume of 829,344. McGraw Hill, Inc. has a 1 year low of $10.69 and a 1 year high of $17.25. The company’s 50-day moving average is $12.89.

McGraw Hill (NYSE:MH) last released its earnings results on Wednesday, November 12th. The company reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter 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

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

Wall Street Analysts Forecast Growth

A number of research firms recently commented on MH. UBS Group lifted their target price on McGraw Hill from $15.00 to $16.00 and gave the stock a “neutral” rating in a report on Thursday, November 13th. BTIG Research reaffirmed a “buy” rating and issued a $19.00 price target on shares of McGraw Hill in a report on Thursday, November 13th. Stifel Nicolaus initiated coverage on McGraw Hill in a report on Monday, August 18th. They set a “buy” rating and a $19.00 target price on the stock. Zacks Research raised shares of McGraw Hill from a “hold” rating to a “strong-buy” rating in a report on Friday. Finally, Baird R W raised shares of McGraw Hill to a “strong-buy” rating in a report on Monday, August 18th. Two investment 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 issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $20.72.

McGraw Hill Company Profile

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.