Warner Bros. Discovery, Inc. $WBD Shares Acquired by Sienna Gestion

Sienna Gestion lifted its position in Warner Bros. Discovery, Inc. (NASDAQ:WBD) by 14.0% during the 3rd quarter, Holdings Channel.com reports. The fund owned 576,238 shares of the company’s stock after acquiring an additional 70,754 shares during the period. Sienna Gestion’s holdings in Warner Bros. Discovery were worth $10,261,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Concord Wealth Partners increased its holdings in shares of Warner Bros. Discovery by 49.9% in the third quarter. Concord Wealth Partners now owns 1,321 shares of the company’s stock valued at $26,000 after purchasing an additional 440 shares during the period. Howard Capital Management Inc. increased its holdings in Warner Bros. Discovery by 3.1% in the 3rd quarter. Howard Capital Management Inc. now owns 15,559 shares of the company’s stock worth $304,000 after buying an additional 474 shares during the period. Claro Advisors LLC raised its position in Warner Bros. Discovery by 4.4% during the 3rd quarter. Claro Advisors LLC now owns 11,591 shares of the company’s stock worth $226,000 after buying an additional 484 shares during the last quarter. Clearstead Advisors LLC increased its stake in shares of Warner Bros. Discovery by 0.6% in the third quarter. Clearstead Advisors LLC now owns 91,414 shares of the company’s stock worth $1,785,000 after acquiring an additional 506 shares during the period. Finally, Prime Capital Investment Advisors LLC increased its stake in shares of Warner Bros. Discovery by 3.1% in the third quarter. Prime Capital Investment Advisors LLC now owns 16,860 shares of the company’s stock worth $329,000 after acquiring an additional 512 shares during the period. Institutional investors and hedge funds own 59.95% of the company’s stock.

Analysts Set New Price Targets

WBD has been the subject of a number of research reports. Arete Research restated a “neutral” rating and set a $31.25 target price on shares of Warner Bros. Discovery in a research report on Friday, February 27th. Morgan Stanley set a $29.00 price objective on Warner Bros. Discovery in a report on Thursday, December 18th. Rothschild & Co Redburn set a $31.00 target price on Warner Bros. Discovery and gave the stock a “neutral” rating in a research note on Tuesday, February 17th. Guggenheim lowered Warner Bros. Discovery from a “buy” rating to a “neutral” rating and raised their target price for the stock from $25.00 to $30.00 in a report on Wednesday, January 14th. Finally, Argus reduced their price target on Warner Bros. Discovery from $32.00 to $31.00 and set a “buy” rating for the company in a research report on Tuesday, March 3rd. Five equities research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Warner Bros. Discovery has a consensus rating of “Hold” and a consensus price target of $25.99.

Key Stories Impacting Warner Bros. Discovery

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

• Positive Sentiment: Paramount Skydance’s $110 billion bid for Warner Bros. Discovery — the market sees a buyout premium to current trading that supports higher WBD equity values. Market Chatter: Warner Bros. Discovery, Paramount Skydance, Discuss Passive Tencent Investment for Acquisition Deal
• Positive Sentiment: Reports say Tencent has returned to the financing package for the Paramount-WBD deal, improving the financing profile and reducing uncertainty about whether the acquirer can close the transaction. Tencent Is Said to Be Back On Paramount-Warner Bros Deal With Fresh Funding
• Neutral Sentiment: Analysis pieces compare WBD to peers and recap the bidding process — useful for context but less likely to move the stock than deal and regulatory updates. Contrasting Bilibili & Warner Bros. Discovery
• Negative Sentiment: Multiple insider sales disclosed in filings show company executives and other insiders have sold large blocks of WBD shares (aggregate reports total roughly $50M+ across several filings), which can spook investors about insider sentiment and generate selling pressure. Insider Selling: Warner Bros. Discovery CFO Sells $17,446,635
• Negative Sentiment: Moffett Nathanson cut WBD to Hold, removing an upgrade tailwind and signaling fewer near-term catalysts absent deal clarity or regulatory resolution. WBD Cut to Hold at Moffett Nathanson
• Negative Sentiment: Democratic senators and media reports are pressing for national‑security review of the Paramount-WBD deal (concerns include foreign backers and past Tencent involvement), introducing regulatory risk that could delay or complicate closing. Democratic Senators Slam Trump Administration’s Inaction on Reviewing Paramount’s Warner Bros. Deal

Warner Bros. Discovery Stock Down 0.3%

WBD stock opened at $27.93 on Monday. Warner Bros. Discovery, Inc. has a one year low of $7.52 and a one year high of $30.00. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.06 and a current ratio of 1.06. The firm’s fifty day moving average is $28.27 and its 200 day moving average is $23.39. The firm has a market cap of $69.21 billion, a PE ratio of 96.31 and a beta of 1.60.

Warner Bros. Discovery (NASDAQ:WBD) last issued its quarterly earnings data on Thursday, February 26th. The company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.19). Warner Bros. Discovery had a return on equity of 1.98% and a net margin of 1.95%.The firm had revenue of $9.46 billion during the quarter, compared to analyst estimates of $9.33 billion. During the same quarter last year, the company posted ($0.20) EPS. The company’s revenue was down 5.7% on a year-over-year basis. On average, research analysts forecast that Warner Bros. Discovery, Inc. will post -4.33 EPS for the current year.

Insider Activity at Warner Bros. Discovery

In other Warner Bros. Discovery news, insider Gerhard Zeiler sold 600,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $28.02, for a total value of $16,812,000.00. Following the sale, the insider directly owned 672,649 shares of the company’s stock, valued at approximately $18,847,624.98. This trade represents a 47.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Gunnar Wiedenfels sold 617,580 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $28.25, for a total value of $17,446,635.00. Following the completion of the sale, the chief financial officer owned 691,570 shares of the company’s stock, valued at $19,536,852.50. This trade represents a 47.17% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 7,777,159 shares of company stock valued at $219,427,326 in the last ninety days. 1.80% of the stock is currently owned by company insiders.

Warner Bros. Discovery 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.