Warner Bros. Discovery, Inc. $WBD Position Reduced by West Tower Group LLC

Posted by Geri Gentry on Jul 8th, 2026

West Tower Group LLC decreased its stake in shares of Warner Bros. Discovery, Inc. (NASDAQ:WBD – Free Report) by 35.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,915 shares of the company’s stock after selling 23,115 shares during the quarter. Warner Bros. Discovery makes up 3.6% of West Tower Group LLC’s portfolio, making the stock its 10th largest position. West Tower Group LLC’s holdings in Warner Bros. Discovery were worth $1,151,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. Swiss RE Ltd. purchased a new position in shares of Warner Bros. Discovery during the fourth quarter worth approximately $26,000. Fideuram Asset Management Ireland dac purchased a new stake in shares of Warner Bros. Discovery in the fourth quarter valued at approximately $29,000. MV Capital Management Inc. purchased a new stake in shares of Warner Bros. Discovery in the fourth quarter valued at approximately $30,000. Rakuten Securities Inc. grew its stake in Warner Bros. Discovery by 81.5% in the fourth quarter. Rakuten Securities Inc. now owns 1,160 shares of the company’s stock worth $33,000 after purchasing an additional 521 shares in the last quarter. Finally, TOWER TRUST & INVESTMENT Co increased its holdings in Warner Bros. Discovery by 4,730.8% during the 4th quarter. TOWER TRUST & INVESTMENT Co now owns 1,256 shares of the company’s stock worth $36,000 after purchasing an additional 1,230 shares during the period. 59.95% of the stock is owned by hedge funds and other institutional investors.

Warner Bros. Discovery Price Performance

Shares of WBD stock opened at $26.12 on Wednesday. The stock’s fifty day moving average price is $26.87 and its 200 day moving average price is $27.58. Warner Bros. Discovery, Inc. has a 1-year low of $10.76 and a 1-year high of $30.00. The company has a market cap of $65.49 billion, a price-to-earnings ratio of -37.31 and a beta of 1.54. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.73 and a quick ratio of 0.73.

Warner Bros. Discovery (NASDAQ:WBD – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The company reported ($1.17) earnings per share for the quarter, missing the consensus estimate of ($0.10) by ($1.07). Warner Bros. Discovery had a negative return on equity of 4.77% and a negative net margin of 4.67%.The business had revenue of $8.89 billion during the quarter, compared to analyst estimates of $8.89 billion. During the same period in the prior year, the business posted ($0.18) EPS. Warner Bros. Discovery’s revenue was down 1.0% compared to the same quarter last year. On average, research analysts expect that Warner Bros. Discovery, Inc. will post -1.07 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

WBD has been the subject of several research reports. KeyCorp reiterated an “overweight” rating on shares of Warner Bros. Discovery in a report on Friday, April 24th. Weiss Ratings downgraded Warner Bros. Discovery from a “hold (c-)” rating to a “sell (d-)” rating in a report on Thursday, May 7th. Zacks Research raised shares of Warner Bros. Discovery from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. Guggenheim reiterated a “neutral” rating on shares of Warner Bros. Discovery in a report on Thursday, May 7th. Finally, Huber Research raised shares of Warner Bros. Discovery from an “underweight” rating to an “overweight” rating in a research report on Monday, June 1st. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, fourteen have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Warner Bros. Discovery currently has a consensus rating of “Hold” and a consensus target price of $27.04.

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Warner Bros. Discovery Profile

(Free Report)

Warner Bros. Discovery (NASDAQ: WBD) is a global media and entertainment company formed when WarnerMedia and Discovery, Inc combined their businesses in 2022. Headquartered in New York City, the company assembles a broad portfolio of film and television production, linear and cable networks, streaming services and consumer distribution operations. Its assets span well-known studio brands, premium scripted and unscripted programming, news and factual entertainment, and licensed franchise properties.

The company’s core activities include film and television production and distribution through units such as Warner Bros.