Norges Bank Makes New Investment in Warner Music Group Corp. $WMG

Posted by Brenda Bartman on Jun 9th, 2026

Norges Bank bought a new position in shares of Warner Music Group Corp. (NASDAQ:WMG – Free Report) during the 4th quarter, Holdings Channel.com reports. The fund bought 1,155,828 shares of the company’s stock, valued at approximately $35,449,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in Warner Music Group by 12.2% during the 3rd quarter. Vanguard Group Inc. now owns 16,914,577 shares of the company’s stock worth $576,110,000 after purchasing an additional 1,837,801 shares during the period. Barrow Hanley Mewhinney & Strauss LLC boosted its stake in shares of Warner Music Group by 4.2% during the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 8,914,756 shares of the company’s stock worth $303,637,000 after acquiring an additional 363,092 shares in the last quarter. UBS Group AG boosted its stake in shares of Warner Music Group by 44.1% during the 4th quarter. UBS Group AG now owns 3,208,063 shares of the company’s stock worth $98,391,000 after acquiring an additional 981,912 shares in the last quarter. Millennium Management LLC boosted its stake in shares of Warner Music Group by 178.5% during the 3rd quarter. Millennium Management LLC now owns 3,183,654 shares of the company’s stock worth $108,435,000 after acquiring an additional 2,040,425 shares in the last quarter. Finally, Thrivent Financial for Lutherans boosted its stake in shares of Warner Music Group by 36.9% during the 4th quarter. Thrivent Financial for Lutherans now owns 2,976,111 shares of the company’s stock worth $91,277,000 after acquiring an additional 802,694 shares in the last quarter. Institutional investors and hedge funds own 96.88% of the company’s stock.

Warner Music Group Stock Up 0.3%

WMG opened at $30.01 on Tuesday. The company has a quick ratio of 0.71, a current ratio of 0.73 and a debt-to-equity ratio of 5.62. The firm has a market cap of $15.65 billion, a P/E ratio of 35.31, a PEG ratio of 0.44 and a beta of 1.27. Warner Music Group Corp. has a 52 week low of $23.34 and a 52 week high of $35.42. The business’s fifty day simple moving average is $30.09 and its 200 day simple moving average is $29.21.

Warner Music Group (NASDAQ:WMG – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.14. The business had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.61 billion. Warner Music Group had a return on equity of 62.01% and a net margin of 6.34%.The business’s revenue for the quarter was up 16.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.07 earnings per share. As a group, equities research analysts anticipate that Warner Music Group Corp. will post 1.52 EPS for the current fiscal year.

Warner Music Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Tuesday, May 26th were paid a dividend of $0.19 per share. The ex-dividend date of this dividend was Tuesday, May 26th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.5%. Warner Music Group’s dividend payout ratio (DPR) is presently 89.41%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on WMG shares. Guggenheim boosted their price target on Warner Music Group from $34.00 to $36.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Zacks Research raised Warner Music Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. JPMorgan Chase & Co. boosted their price target on Warner Music Group from $40.00 to $43.00 and gave the stock an “overweight” rating in a research note on Friday, May 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Warner Music Group in a research note on Friday, March 27th. Finally, Scotiabank raised Warner Music Group from a “sector perform” rating to a “sector outperform” rating in a research note on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, Warner Music Group currently has a consensus rating of “Moderate Buy” and an average target price of $37.38.

Read Our Latest Analysis on WMG

About Warner Music Group

(Free Report)

Warner Music Group is a major global music company that operates across recorded music and music publishing. Its recorded-music business comprises a portfolio of well-known labels—including Atlantic, Warner Records and Parlophone—as well as distribution and artist-services operations that support both established and emerging artists. The company’s publishing arm, Warner Chappell Music, manages songwriting catalogs and administers rights for compositions across multiple media, providing licensing for film, television, advertising and other commercial uses.

WMG’s activities span the full music value chain: signing and developing artists, producing and marketing recordings, distributing music through physical channels and streaming platforms, and monetizing rights through licensing, synchronization and neighboring-rights collection.