Warner Bros. Discovery, Inc. $WBD Stock Holdings Lifted by Terril Brothers Inc.

Terril Brothers Inc. grew its position in Warner Bros. Discovery, Inc. (NASDAQ:WBD) by 48.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,116,807 shares of the company’s stock after purchasing an additional 366,861 shares during the period. Warner Bros. Discovery comprises about 7.7% of Terril Brothers Inc.’s holdings, making the stock its 3rd largest position. Terril Brothers Inc.’s holdings in Warner Bros. Discovery were worth $29,774,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC lifted its holdings in shares of Warner Bros. Discovery by 304.9% during the 4th quarter. Brighton Jones LLC now owns 68,950 shares of the company’s stock valued at $729,000 after buying an additional 51,920 shares during the last quarter. NewEdge Advisors LLC increased its holdings in Warner Bros. Discovery by 50.5% in the first quarter. NewEdge Advisors LLC now owns 63,254 shares of the company’s stock worth $679,000 after buying an additional 21,228 shares during the last quarter. Empowered Funds LLC increased its holdings in Warner Bros. Discovery by 6.2% in the first quarter. Empowered Funds LLC now owns 65,082 shares of the company’s stock worth $698,000 after buying an additional 3,779 shares during the last quarter. Focus Partners Wealth raised its position in Warner Bros. Discovery by 91.6% during the first quarter. Focus Partners Wealth now owns 116,821 shares of the company’s stock valued at $1,254,000 after acquiring an additional 55,837 shares in the last quarter. Finally, Baird Financial Group Inc. raised its position in Warner Bros. Discovery by 3.8% during the second quarter. Baird Financial Group Inc. now owns 111,450 shares of the company’s stock valued at $1,277,000 after acquiring an additional 4,062 shares in the last quarter. 59.95% of the stock is owned by hedge funds and other institutional investors.

Warner Bros. Discovery Trading Up 0.4%

NASDAQ:WBD opened at $27.75 on Friday. The company’s 50 day moving average is $26.50 and its 200-day moving average is $27.16. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.90. Warner Bros. Discovery, Inc. has a 12 month low of $11.25 and a 12 month high of $30.00. The firm has a market cap of $69.57 billion, a price-to-earnings ratio of -21.85 and a beta of 1.55.

Warner Bros. Discovery (NASDAQ:WBD) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.14) by $0.20. Warner Bros. Discovery had a negative net margin of 8.77% and a negative return on equity of 8.91%. The business had revenue of $8.72 billion during the quarter, compared to the consensus estimate of $9.25 billion. During the same period in the prior year, the firm earned $0.63 EPS. Warner Bros. Discovery’s quarterly revenue was down 11.2% compared to the same quarter last year. Equities analysts anticipate that Warner Bros. Discovery, Inc. will post -1.13 EPS for the current year.

Trending Headlines about Warner Bros. Discovery

Here are the key news stories impacting Warner Bros. Discovery this week:

• Positive Sentiment: Freedom Capital upgraded WBD from “hold” to “strong buy,” adding a bullish catalyst. The firm’s upgrade follows WBD’s recent earnings beat, although the company’s revenue declined year over year. Zacks.com
• Positive Sentiment: Paramount Skydance reportedly said that selling CNN is under consideration as a potential way to resolve California’s antitrust lawsuit against the proposed Paramount-WBD merger. A compromise could improve the deal’s odds of closing, though it would reduce some of its strategic benefits. Paramount says CNN sale is on the table
• Neutral Sentiment: Attorneys for the parties have outlined discovery and other deadlines for the pending antitrust trial, while industry groups including the DGA and IATSE are urging a faster resolution. The process provides a clearer timeline but indicates that merger uncertainty could persist into 2027. Paramount-WBD antitrust trial schedule
• Neutral Sentiment: WBD unveiled new incubator productions for Food Network and discovery+, offering additional content for its television and streaming businesses. The announcement is strategically supportive but is unlikely to materially change near-term valuation. WBD incubator productions
• Negative Sentiment: Large insider sales are weighing on sentiment. CEO David Zaslav reportedly sold approximately $21.7 million of WBD stock, while Director Gerhard Zeiler sold about $16.0 million and Director Kenneth Lowe sold roughly $3.2 million. The filings do not establish the reasons for the sales, but their size may concern investors. David Zaslav stock sale
• Negative Sentiment: Political and regulatory scrutiny remains intense, and Paramount’s threat to leave California highlights the difficulty of reaching a settlement. If the merger is delayed, blocked or materially altered, WBD shareholders could lose a major potential source of value. Political scrutiny of the Paramount-WBD deal

Analysts Set New Price Targets

Several research firms have commented on WBD. Guggenheim reissued a “neutral” rating on shares of Warner Bros. Discovery in a research report on Thursday, May 7th. Seaport Research Partners downgraded shares of Warner Bros. Discovery from a “buy” rating to a “neutral” rating in a report on Monday, July 27th. Zacks Research lowered shares of Warner Bros. Discovery from a “hold” rating to a “strong sell” rating in a research note on Monday, July 27th. KeyCorp reiterated an “overweight” rating on shares of Warner Bros. Discovery in a report on Friday, April 24th. 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. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $27.69.

Insiders Place Their Bets

In other Warner Bros. Discovery news, Director Kenneth W. Lowe sold 120,000 shares of the business’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $26.97, for a total transaction of $3,236,400.00. Following the completion of the transaction, the director owned 990,108 shares of the company’s stock, valued at $26,703,212.76. The trade was a 10.81% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Gerhard Zeiler sold 591,038 shares of the company’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $27.05, for a total transaction of $15,987,577.90. Following the sale, the insider owned 537,436 shares of the company’s stock, valued at $14,537,643.80. This trade represents a 52.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.70% of the stock is owned by insiders.

About Warner Bros. Discovery

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.