Scholastic Co.

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Scholastic Co. (NASDAQ:SCHL – Free Report) by 25.6% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 45,646 shares of the company’s stock after acquiring an additional 9,293 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.16% of Scholastic worth $974,000 at the end of the most recent quarter. Other hedge funds and other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its position in shares of Scholastic by 248.8% in the 4th quarter. JPMorgan Chase & Co. now owns 293,754 shares of the company’s stock worth $6,266,000 after purchasing an additional 209,524 shares in the last quarter. Principal Financial Group Inc. increased its stake in shares of Scholastic by 2.5% in the 4th quarter. Principal Financial Group Inc. now owns 120,446 shares of the company’s stock worth $2,569,000 after purchasing an additional 2,882 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Scholastic by 13.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 568,206 shares of the company’s stock worth $12,120,000 after purchasing an additional 66,027 shares in the last quarter. Rhumbline Advisers increased its stake in shares of Scholastic by 1.1% in the 4th quarter. Rhumbline Advisers now owns 81,637 shares of the company’s stock worth $1,741,000 after purchasing an additional 860 shares in the last quarter. Finally, Brandes Investment Partners LP increased its stake in shares of Scholastic by 288.5% in the 4th quarter. Brandes Investment Partners LP now owns 35,162 shares of the company’s stock worth $750,000 after purchasing an additional 26,111 shares in the last quarter. Hedge funds and other institutional investors own 82.57% of the company’s stock. Scholastic Trading Down 1.0% Shares of SCHL stock opened at $19.08 on Wednesday. Scholastic Co. has a 52-week low of $15.77 and a 52-week high of $38.77. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.81 and a current ratio of 1.24. The firm has a market capitalization of $536.17 million, a PE ratio of -105.99 and a beta of 1.03. The stock has a fifty day simple moving average of $17.59 and a two-hundred day simple moving average of $20.01. Scholastic (NASDAQ:SCHL – Get Free Report) last released its quarterly earnings results on Thursday, March 20th. The company reported ($0.05) EPS for the quarter, topping the consensus estimate of ($0.78) by $0.73. The company had revenue of $335.40 million during the quarter, compared to analyst estimates of $347.68 million. Scholastic had a positive return on equity of 1.91% and a negative net margin of 0.27%. On average, analysts predict that Scholastic Co. will post 0.84 EPS for the current fiscal year. Scholastic Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Wednesday, April 30th will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 4.19%. The ex-dividend date is Wednesday, April 30th. Scholastic’s dividend payout ratio is presently 133.33%. Scholastic Company Profile (Free Report) Scholastic Corporation publishes and distributes children’s books worldwide. It operates in three segments: Children’s Book Publishing and Distribution, Education Solutions, and International. The Children’s Book Publishing and Distribution segment engages in publication and distribution of children’s print, digital, and audio books, as well as media and interactive products through its school reading events and trade channel; and operation of school-based book clubs and book fairs in the United States.» Mehr auf defenseworld.net

Sasha Quinton, Current School Reading Events President, to Lead Scholastic Children's Book Group Jackie De Leo, Leader During Barnes & Noble's Transformation, Joins Scholastic as Publisher & Chief Merchant NEW YORK , May 29, 2025 /PRNewswire/ -- Scholastic (NASDAQ: SCHL), the global children's publishing, education and media company, today announced the strategic integration of its Trade Publishing, Book Fairs and Book Clubs divisions into a new, combined Children's Book Group, under the leadership of Sasha Quinton, effective June 1, 2025. The reorganization best positions Scholastic's publishing to reach even more kids through a cohesive approach across all its channels.» Mehr auf prnewswire.com

NEW YORK , May 27, 2025 /PRNewswire/ -- Scholastic (NASDAQ: SCHL), the global children's publishing, education and media company, today announced Chris Lick has been appointed Executive Vice President, General Counsel and Corporate Secretary, effective June 1, 2025. He succeeds Andrew Hedden who held the position for 17 years and announced his retirement prior to shifting his role to Senior Counselor.» Mehr auf prnewswire.com