OMERS ADMINISTRATION Corp lifted its holdings in Warner Bros. Discovery, Inc. (NASDAQ:WBD – Free Report) by 30.4% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 107,902 shares of the company’s stock after purchasing an additional 25,159 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in Warner Bros. Discovery were worth $2,963,000 at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of WBD. Venturi Wealth Management LLC raised its position in Warner Bros. Discovery by 4.5% during the first quarter. Venturi Wealth Management LLC now owns 8,462 shares of the company’s stock valued at $232,000 after purchasing an additional 367 shares during the period. Krilogy Financial LLC lifted its stake in shares of Warner Bros. Discovery by 2.6% in the 1st quarter. Krilogy Financial LLC now owns 14,809 shares of the company’s stock valued at $406,000 after purchasing an additional 369 shares during the last quarter. Optas LLC boosted its holdings in shares of Warner Bros. Discovery by 2.7% in the 1st quarter. Optas LLC now owns 15,529 shares of the company’s stock worth $426,000 after purchasing an additional 409 shares during the period. William B. Walkup & Associates Inc. increased its position in shares of Warner Bros. Discovery by 5.6% during the 1st quarter. William B. Walkup & Associates Inc. now owns 7,837 shares of the company’s stock valued at $215,000 after purchasing an additional 414 shares during the last quarter. Finally, Salomon & Ludwin LLC increased its position in shares of Warner Bros. Discovery by 20.2% during the 4th quarter. Salomon & Ludwin LLC now owns 2,494 shares of the company’s stock valued at $71,000 after purchasing an additional 419 shares during the last quarter. Institutional investors own 59.95% of the company’s stock.
Warner Bros. Discovery Trading Up 1.3%
Shares of WBD opened at $25.61 on Wednesday. The firm has a market capitalization of $64.21 billion, a price-to-earnings ratio of -36.59 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, Inc. has a 1-year low of $10.76 and a 1-year high of $30.00. The company has a 50-day moving average of $26.65 and a 200 day moving average of $27.34.
Warner Bros. Discovery News Summary
Here are the key news stories impacting Warner Bros. Discovery this week:
- Positive Sentiment: Paramount CEO David Ellison said he remains confident that the Paramount–Warner Bros. Discovery transaction will clear legal hurdles and close, reassuring employees and investors despite the delay. Paramount CEO confident on Warner Bros. merger
- Positive Sentiment: A Wall Street Journal opinion article argued that combining Paramount and WBD could help Hollywood compete in a highly concentrated global entertainment market. While not a formal regulatory decision, the view supports the strategic rationale for the deal. The Paramount-Warner Merger Could Save Hollywood
- Neutral Sentiment: WBD sued Amazon over the hiring of an HBO Max executive, calling the recruitment effort an “employee shopping spree” and seeking an order restricting future employee poaching. The case could protect key talent, but litigation may also create costs and management distraction. Warner Bros. Discovery sues Amazon over HBO Max executive hire
- Negative Sentiment: SAG-AFTRA and other entertainment-industry voices oppose the Paramount-WBD deal, while state antitrust litigation and concerns from some WBD executives raise the risk of additional delays or concessions. SAG-AFTRA opposes Paramount-WBD deal
- Negative Sentiment: Seaport Research downgraded WBD to “neutral” from “buy,” citing merger uncertainty and insufficient regulatory clarity. The downgrade contributed to recent selling pressure as investors reassess the deal’s timing and probability. Warner Bros Stock Downgraded After Paramount Merger Delay
Wall Street Analyst Weigh In
A number of research analysts have weighed in on the stock. Weiss Ratings cut shares of Warner Bros. Discovery from a “hold (c-)” rating to a “sell (d-)” rating in a research report on Thursday, May 7th. KeyCorp reaffirmed an “overweight” rating on shares of Warner Bros. Discovery in a research note on Friday, April 24th. Guggenheim reiterated a “neutral” rating on shares of Warner Bros. Discovery in a report on Thursday, May 7th. Huber Research raised shares of Warner Bros. Discovery from an “underweight” rating to an “overweight” rating in a research report on Monday, June 1st. Finally, 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. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $27.04.
View Our Latest Report on Warner Bros. Discovery
Warner Bros. Discovery Company Profile
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.
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