Quantinno Capital Management LP Lowers Stock Holdings in Paramount Skydance Corporation $PSKY

Quantinno Capital Management LP cut its stake in shares of Paramount Skydance Corporation (NASDAQ:PSKYFree Report) by 37.5% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 154,304 shares of the company’s stock after selling 92,415 shares during the period. Quantinno Capital Management LP’s holdings in Paramount Skydance were worth $1,392,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Weiss Asset Management LP acquired a new stake in shares of Paramount Skydance in the 1st quarter worth $361,000. Entropy Technologies LP raised its holdings in Paramount Skydance by 115.3% during the first quarter. Entropy Technologies LP now owns 59,823 shares of the company’s stock worth $540,000 after purchasing an additional 32,042 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its holdings in Paramount Skydance by 58.9% during the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 19,525 shares of the company’s stock worth $176,000 after purchasing an additional 7,240 shares in the last quarter. Gamco Investors INC. ET AL lifted its position in Paramount Skydance by 83.1% in the first quarter. Gamco Investors INC. ET AL now owns 179,522 shares of the company’s stock valued at $1,619,000 after purchasing an additional 81,463 shares during the period. Finally, Inceptionr LLC acquired a new position in Paramount Skydance during the 1st quarter worth approximately $632,000. 73.00% of the stock is currently owned by hedge funds and other institutional investors.

More Paramount Skydance News

Here are the key news stories impacting Paramount Skydance this week:

  • Positive Sentiment: Paramount is reportedly willing to sell CNN or place it under an independent oversight board to address antitrust concerns surrounding the Warner Bros. Discovery deal. A divestiture could remove a key regulatory obstacle and improve the transaction’s chances of proceeding. Paramount stock climbs as CNN divestiture emerges as an option
  • Positive Sentiment: The company’s planned 30-film theatrical commitment could support Paramount’s film business and provide more content for cinema operators, although the initiative depends partly on the Warner Bros. Discovery merger being completed. Paramount’s 30-film promise
  • Positive Sentiment: Paramount’s decision to impose monthly Claude usage limits for technology employees signals an effort to control artificial-intelligence costs and improve spending efficiency. The financial impact is likely modest but directionally supportive. Paramount limits Claude usage
  • Neutral Sentiment: Executives David Ellison and Andy Gordon sold shares to cover taxes but retained substantial stakes, reducing concerns that the transactions represent a broad loss of insider confidence. Paramount insiders retain stakes despite tax sales
  • Negative Sentiment: The Warner Bros. Discovery transaction remains tied up in litigation and cannot close until after a trial verdict or a specified 2027 deadline. Congressional scrutiny and opposition from state attorneys general add execution risk. Paramount CEO invited to House interview

Paramount Skydance Trading Up 4.9%

Shares of PSKY opened at $9.97 on Friday. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.04 and a quick ratio of 0.88. Paramount Skydance Corporation has a 1-year low of $7.62 and a 1-year high of $20.86. The stock has a market cap of $11.16 billion, a price-to-earnings ratio of 34.38, a price-to-earnings-growth ratio of 0.61 and a beta of 1.45. The firm has a 50 day simple moving average of $9.41 and a 200-day simple moving average of $10.18.

Paramount Skydance (NASDAQ:PSKYGet Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.03. The firm had revenue of $6.91 billion during the quarter. Paramount Skydance had a positive return on equity of 4.11% and a negative net margin of 2.13%. Equities analysts forecast that Paramount Skydance Corporation will post 0.58 EPS for the current fiscal year.

Paramount Skydance Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Tuesday, September 15th. Paramount Skydance’s dividend payout ratio (DPR) is 68.97%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on PSKY shares. Wells Fargo & Company reduced their price target on Paramount Skydance from $8.00 to $7.00 and set an “underweight” rating for the company in a report on Tuesday, May 5th. Weiss Ratings upgraded shares of Paramount Skydance from a “sell (d-)” rating to a “sell (d)” rating in a research report on Thursday, August 6th. Benchmark lowered their price target on shares of Paramount Skydance from $19.00 to $16.00 and set a “buy” rating on the stock in a research note on Wednesday, August 5th. Arete Research reiterated a “sell” rating and issued a $2.00 price objective on shares of Paramount Skydance in a research note on Thursday, July 9th. Finally, Morgan Stanley upgraded shares of Paramount Skydance from an “underweight” rating to an “overweight” rating and upped their target price for the stock from $11.00 to $14.00 in a research report on Thursday, April 30th. Two equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and eight have given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $11.38.

Get Our Latest Stock Analysis on PSKY

Paramount Skydance Profile

(Free Report)

Paramount Skydance Media Group (Nasdaq: PSKY) is a media and entertainment company created through the proposed combination of Paramount Global’s filmed entertainment and streaming operations with Skydance Media, a privately held content studio. The combined business will encompass the development, production and distribution of feature films, television programming and digital content, drawing on a library of legacy Paramount Pictures franchises alongside Skydance’s blockbuster tentpoles and animation slate.

Further Reading

Institutional Ownership by Quarter for Paramount Skydance (NASDAQ:PSKY)

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