Scholastic Stock Soars 12.4% on Earnings Beat

Scholastic's stock surged 12.4% in pre-market trading on June 9, 2025, marking a significant rise that has caught the attention of investors and analysts alike.

Two Sigma Investments LP reduced its holdings in Scholastic Co. by 16.1% in the fourth quarter, selling 7,761 shares and owning 40,416 shares worth $862,000 at the end of the quarter. This move by Two Sigma Investments LP indicates a shift in the investment strategy of the firm, which could have influenced the recent stock price movement.

Other institutional investors have also made adjustments to their positions in Scholastic. Lazard Asset Management LLC purchased a new stake valued at about $33,000, while KBC Group NV increased its holdings by 125.4%, now owning 2,443 shares valued at $52,000. KLP Kapitalforvaltning AS acquired a new stake valued at about $96,000, and Sterling Capital Management LLC grew its holdings by 7.5%, now owning 9,444 shares valued at $201,000. BOKF NA also increased its holdings by 17.7%, now owning 10,987 shares valued at $234,000. These institutional moves suggest a mixed sentiment among investors, with some increasing their stakes while others reducing theirs.

Scholastic Co. reported earnings per share of ($0.05) for the quarter ending March 20th, surpassing the consensus estimate of ($0.78) by $0.73. The company's revenue for the quarter was $335.40 million, slightly below analyst estimates of $347.68 million. Despite the negative net margin of 0.27%, the company maintained a positive return on equity of 1.91%. Analysts expect Scholastic to post 0.84 earnings per share for the current year, indicating a cautious optimism about the company's future performance.

Scholastic recently announced a quarterly dividend of $0.20 per share, payable on June 16th to stockholders of record on April 30th. This represents an annualized dividend of $0.80 and a dividend yield of 4.43%. The dividend payout ratio is currently at 133.33%, reflecting the company's commitment to returning value to its shareholders despite the challenging financial conditions.