Foster & Motley Inc. Makes New $641,000 Investment in John Wiley & Sons, Inc. $WLY

Foster & Motley Inc. purchased a new stake in shares of John Wiley & Sons, Inc. (NYSE:WLY) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 13,218 shares of the company’s stock, valued at approximately $641,000.

Several other institutional investors have also recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd increased its position in shares of John Wiley & Sons by 264.3% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 827 shares of the company’s stock worth $25,000 after acquiring an additional 600 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of John Wiley & Sons by 519.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 564 shares of the company’s stock worth $25,000 after acquiring an additional 473 shares during the last quarter. Optiver Holding B.V. bought a new position in John Wiley & Sons in the 1st quarter valued at about $26,000. Allworth Financial LP boosted its stake in John Wiley & Sons by 1,595.7% during the 3rd quarter. Allworth Financial LP now owns 780 shares of the company’s stock valued at $32,000 after purchasing an additional 734 shares during the last quarter. Finally, Empowered Funds LLC acquired a new position in John Wiley & Sons during the 4th quarter valued at about $37,000. Institutional investors and hedge funds own 73.94% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Zacks Research downgraded John Wiley & Sons from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 15th. Weiss Ratings raised John Wiley & Sons from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, July 7th. 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, John Wiley & Sons currently has an average rating of “Moderate Buy”.

John Wiley & Sons Trading Up 1.6%

Shares of WLY stock opened at $51.91 on Thursday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.51 and a current ratio of 0.54. The company has a market capitalization of $2.63 billion, a price-to-earnings ratio of 12.27 and a beta of 0.78. John Wiley & Sons, Inc. has a 52-week low of $28.38 and a 52-week high of $57.45. The company has a 50-day simple moving average of $49.87 and a two-hundred day simple moving average of $41.73.

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

John Wiley & Sons Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 23rd. Stockholders of record on Tuesday, July 7th were given a dividend of $0.3575 per share. The ex-dividend date of this dividend was Tuesday, July 7th. This represents a $1.43 annualized dividend and a dividend yield of 2.8%. This is a boost from John Wiley & Sons’s previous quarterly dividend of $0.35. John Wiley & Sons’s payout ratio is 33.81%.

About John Wiley & Sons

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.