PFG Investments LLC bought a new position in shares of Paramount Skydance Corporation (NASDAQ:PSKY – Free Report) during the third quarter, according to its most recent filing with the SEC. The fund bought 55,751 shares of the company’s stock, valued at approximately $1,055,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in PSKY. Y Intercept Hong Kong Ltd bought a new position in Paramount Skydance during the third quarter valued at about $6,093,000. Deseret Mutual Benefit Administrators purchased a new position in Paramount Skydance in the third quarter valued at about $75,000. Resona Asset Management Co. Ltd. bought a new position in shares of Paramount Skydance during the 3rd quarter valued at approximately $67,000. Mitsubishi UFJ Trust & Banking Corp purchased a new stake in shares of Paramount Skydance during the 3rd quarter worth approximately $5,187,000. Finally, Teacher Retirement System of Texas purchased a new stake in shares of Paramount Skydance during the 3rd quarter worth approximately $791,000. 73.00% of the stock is owned by hedge funds and other institutional investors.
Paramount Skydance News Summary
Here are the key news stories impacting Paramount Skydance this week:
- Positive Sentiment: Smithsonian Channel renewed several series, a small content win that supports steady programming revenue for Paramount’s networks. Smithsonian Channel announces three network series renewals
- Neutral Sentiment: Paramount extended the deadline on its hostile tender offer for Warner Bros. Discovery to Feb. 20 — giving the company more time to court shareholders but not increasing its $30-per-share bid. The extension keeps the takeover fight alive but leaves valuation and momentum unresolved. Paramount extends deadline on hostile Warner Bros bid to February 20
- Neutral Sentiment: European regulators will consider both Netflix’s and Paramount’s bids for Warner Bros at the same time, adding regulatory uncertainty that could favor either suitor depending on remedies and scope. This raises conditional timing risks for any deal outcome. EU to weigh Netflix, Paramount bids for Warner Bros at same time
- Neutral Sentiment: Investors are also watching PSKY’s upcoming earnings release; recent guidance/expectations matter because the company missed EPS last quarter (reported Nov. 10). The earnings preview highlights operational and cash-flow metrics that could swing sentiment independent of the takeover fight. What You Need to Know Ahead of Paramount Skydance’s Earnings Release
- Negative Sentiment: Netflix publicly criticized Paramount’s competing bid as not credible (“doesn’t pass the sniff test”), signaling confidence it can secure Warner Bros. Discovery shareholders and potentially undermining investor belief in Paramount’s chance to win the deal. Netflix says Paramount bid ‘doesn’t pass sniff test’
- Negative Sentiment: Analysts and coverage (Barron’s) argue the deadline extension without a price increase is unlikely to sway investors, suggesting the market doubts Paramount’s path to victory versus Netflix — a view that pressures PSKY’s valuation while the takeover remains unresolved. Paramount Extends Deadline on Warner Bros. Offer. It Won’t Be Enough to Woo Investors.
- Negative Sentiment: Multiple reports say Paramount is not raising its offer, which reinforces downside risk if shareholders prefer Netflix’s rival deal or if regulators clear Netflix’s narrower purchase of studios. Paramount Skydance to extend Warner Bros. tender offer – report
Paramount Skydance Stock Performance
Paramount Skydance (NASDAQ:PSKY – Get Free Report) last issued its earnings results on Monday, November 10th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.37). Paramount Skydance had a positive return on equity of 3.95% and a negative net margin of 0.95%.The company had revenue of $6.73 billion during the quarter, compared to the consensus estimate of $6.79 billion. During the same quarter in the prior year, the business earned $0.49 EPS. The firm’s revenue for the quarter was up 0% compared to the same quarter last year.
Paramount Skydance Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Thursday, December 18th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, December 18th. This represents a $0.20 annualized dividend and a yield of 1.7%. Paramount Skydance’s payout ratio is currently -666.67%.
Analyst Ratings Changes
Several equities analysts recently commented on the company. Bank of America upped their price objective on Paramount Skydance from $11.00 to $13.00 and gave the company an “underperform” rating in a research note on Tuesday, November 11th. Benchmark upped their price target on Paramount Skydance from $16.00 to $19.00 and gave the company a “buy” rating in a research report on Tuesday, November 11th. Morgan Stanley lifted their price objective on Paramount Skydance from $10.00 to $12.00 and gave the stock an “underweight” rating in a report on Tuesday, December 9th. UBS Group upped their price objective on shares of Paramount Skydance from $10.00 to $12.00 and gave the company a “sell” rating in a report on Wednesday, October 8th. Finally, Zacks Research lowered shares of Paramount Skydance from a “hold” rating to a “strong sell” rating in a research report on Monday, December 8th. One equities research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and nine have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Strong Sell” and a consensus price target of $14.00.
Check Out Our Latest Stock Analysis on PSKY
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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