Corrado Advisors LLC purchased a new position in shares of Paramount Skydance Corporation (NASDAQ:PSKY – Free Report) during the first quarter, Holdings Channel.com reports. The fund purchased 138,969 shares of the company’s stock, valued at approximately $1,254,000.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CYBER HORNET ETFs LLC purchased a new stake in shares of Paramount Skydance during the 3rd quarter worth about $25,000. Kelleher Financial Advisors purchased a new position in shares of Paramount Skydance in the 3rd quarter valued at about $32,000. Huntington National Bank increased its stake in shares of Paramount Skydance by 108.2% in the 4th quarter. Huntington National Bank now owns 2,259 shares of the company’s stock valued at $30,000 after purchasing an additional 1,174 shares in the last quarter. Larson Financial Group LLC raised its holdings in Paramount Skydance by 539.3% in the 4th quarter. Larson Financial Group LLC now owns 2,295 shares of the company’s stock worth $31,000 after purchasing an additional 1,936 shares during the period. Finally, Golden State Wealth Management LLC raised its holdings in Paramount Skydance by 317.3% in the 4th quarter. Golden State Wealth Management LLC now owns 2,863 shares of the company’s stock worth $38,000 after purchasing an additional 2,177 shares during the period. Institutional investors and hedge funds own 73.00% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts have recently issued reports on the company. Guggenheim decreased their target price on Paramount Skydance from $14.00 to $12.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 5th. Morgan Stanley upgraded shares of Paramount Skydance from an “underweight” rating to an “overweight” rating and upped their price objective for the stock from $11.00 to $14.00 in a research report on Thursday, April 30th. Arete Research reaffirmed a “sell” rating and set a $2.00 price objective on shares of Paramount Skydance in a report on Thursday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Paramount Skydance in a research report on Wednesday, June 24th. Finally, Wells Fargo & Company cut their target price on shares of Paramount Skydance from $8.00 to $7.00 and set an “underweight” rating for the company in a research note on Tuesday, May 5th. Two research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and nine have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $12.00.
Paramount Skydance Stock Performance
Shares of Paramount Skydance stock opened at $9.41 on Friday. Paramount Skydance Corporation has a one year low of $8.61 and a one year high of $20.86. The company has a market cap of $10.53 billion, a price-to-earnings ratio of 16.51, a PEG ratio of 0.61 and a beta of 1.43. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.00 and a current ratio of 1.10. The business’s 50 day moving average price is $10.25 and its 200 day moving average price is $10.85.
Paramount Skydance (NASDAQ:PSKY – Get Free Report) last announced its quarterly earnings data on Monday, May 4th. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.08. Paramount Skydance had a negative net margin of 2.08% and a positive return on equity of 4.58%. The firm had revenue of $7.35 billion during the quarter. During the same period in the prior year, the company posted $0.22 EPS. On average, research analysts predict that Paramount Skydance Corporation will post 0.62 EPS for the current year.
Paramount Skydance Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th were given a $0.05 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.20 dividend on an annualized basis and a yield of 2.1%. Paramount Skydance’s payout ratio is presently 35.09%.
Key Headlines Impacting Paramount Skydance
Here are the key news stories impacting Paramount Skydance this week:
- Positive Sentiment: Short-interest data showed no meaningful build in bearish bets, which may slightly ease concerns about a large coordinated short position.
- Neutral Sentiment: Investors are waiting for Paramount Skydance’s Q2 2026 earnings, which could provide a near-term catalyst if results or guidance surprise to the upside. Paramount Skydance’s Q2 2026 earnings: What to expect
- Neutral Sentiment: Arete Research reaffirmed its Sell rating, reinforcing a bearish Wall Street view and keeping sentiment cautious. Paramount Skydance’s (PSKY) “Sell” Rating Reaffirmed at Arete Research
- Negative Sentiment: Additional downgrade coverage weighed on the stock as analysts highlighted deal risk and uncertainty around execution. This analyst just downgraded Paramount stock. Here’s why.
- Negative Sentiment: Reports that Oregon regulators want more records and may seek a 60-day pause on the Warner transaction increased fears of delays, added conditions, or even a blocked deal. US states could sue next week to block Paramount-Warner Bros deal, sources say
- Negative Sentiment: Market-moving coverage from CNBC and Bloomberg, plus reports that states could try to block the Warner deal, kept merger risk front and center for investors. Stocks making the biggest moves midday: Micron, Paramount Skydance, Mara Holdings, PepsiCo & more
Paramount Skydance Profile
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.
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