Dimensional Fund Advisors LP Grows Holdings in Sinclair, Inc. $SBGI

Dimensional Fund Advisors LP raised its holdings in shares of Sinclair, Inc. (NASDAQ:SBGI) by 7.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,622,794 shares of the company’s stock after purchasing an additional 113,788 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Sinclair were worth $21,001,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. AQR Capital Management LLC increased its stake in Sinclair by 5.7% in the 1st quarter. AQR Capital Management LLC now owns 41,993 shares of the company’s stock worth $656,000 after buying an additional 2,258 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Sinclair by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,082 shares of the company’s stock valued at $304,000 after buying an additional 780 shares during the period. Acadian Asset Management LLC boosted its position in Sinclair by 134.7% in the 1st quarter. Acadian Asset Management LLC now owns 11,525 shares of the company’s stock valued at $182,000 after buying an additional 6,615 shares during the period. Cetera Investment Advisers grew its stake in Sinclair by 17.7% in the 2nd quarter. Cetera Investment Advisers now owns 17,097 shares of the company’s stock worth $236,000 after acquiring an additional 2,572 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of Sinclair by 5.1% during the second quarter. JPMorgan Chase & Co. now owns 31,075 shares of the company’s stock worth $429,000 after acquiring an additional 1,511 shares during the period. 41.71% of the stock is owned by hedge funds and other institutional investors.

Key Sinclair News

Here are the key news stories impacting Sinclair this week:

• Positive Sentiment: FCC ownership-rule change: Sinclair welcomed the FCC’s decision to modernize and remove artificial limits on local broadcaster ownership. The change is viewed as a potential catalyst for industry consolidation and could expand Sinclair’s strategic growth opportunities. Sinclair Commends Removal of Artificial Limits on Local Broadcasters
• Positive Sentiment: Quarterly dividend maintained: Sinclair declared a $0.25-per-share dividend payable September 15 to shareholders of record August 31. The annualized payout implies an indicated yield of approximately 7.2%, which may attract income-oriented investors. Sinclair Declares $0.25 Per Share Quarterly Cash Dividend
• Neutral Sentiment: Revenue was broadly on target: Second-quarter revenue rose 7.1% year over year to $840 million, essentially matching analysts’ $838.99 million estimate. The revenue growth provides some support, although it was overshadowed by the earnings shortfall. Sinclair Reports Second Quarter 2026 Financial Results
• Negative Sentiment: Significant quarterly loss: Sinclair reported a second-quarter loss of $1.06 per share, compared with the expected loss of $0.24 and a $0.91 loss in the prior-year quarter. The sizable earnings miss highlights continued profitability pressure. Sinclair Reports Q2 Loss, Tops Revenue Estimates
• Negative Sentiment: Full-year outlook is cautious: Sinclair projected 2026 revenue of $3.4 billion to $3.5 billion, slightly below the $3.5 billion consensus estimate. Combined with the quarterly loss and substantial leverage, the guidance may limit the stock’s upside unless the FCC changes produce tangible financial benefits.

Insider Transactions at Sinclair

In other Sinclair news, Director Daniel C. Keith sold 17,000 shares of the stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $15.02, for a total transaction of $255,340.00. Following the sale, the director owned 25,122 shares of the company’s stock, valued at approximately $377,332.44. This trade represents a 40.36% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 42.10% of the company’s stock.

Sinclair Trading Up 6.1%

NASDAQ:SBGI opened at $14.76 on Friday. Sinclair, Inc. has a one year low of $11.89 and a one year high of $17.88. The company has a debt-to-equity ratio of 11.10, a quick ratio of 2.42 and a current ratio of 2.42. The firm has a market cap of $1.07 billion, a P/E ratio of 19.68 and a beta of 1.06. The firm has a 50-day simple moving average of $14.05 and a 200-day simple moving average of $14.35.

Sinclair (NASDAQ:SBGI) last announced its quarterly earnings results on Wednesday, August 5th. The company reported ($1.06) earnings per share for the quarter, missing the consensus estimate of ($0.24) by ($0.82). Sinclair had a negative return on equity of 15.61% and a net margin of 1.60%.The business had revenue of $840.00 million during the quarter, compared to analysts’ expectations of $838.99 million. During the same period in the previous year, the company posted ($0.91) EPS. Sinclair’s revenue for the quarter was up 7.1% on a year-over-year basis. Equities analysts anticipate that Sinclair, Inc. will post 1.68 EPS for the current fiscal year.

Sinclair Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be issued a dividend of $0.25 per share. The ex-dividend date is Monday, August 31st. This represents a $1.00 dividend on an annualized basis and a yield of 6.8%. Sinclair’s dividend payout ratio is currently 133.33%.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Weiss Ratings raised shares of Sinclair from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, June 30th. Wells Fargo & Company dropped their price objective on Sinclair from $17.00 to $16.00 and set an “equal weight” rating on the stock in a research note on Friday, May 1st. Guggenheim reduced their price objective on Sinclair from $20.00 to $19.00 and set a “buy” rating on the stock in a report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft set a $17.00 target price on Sinclair in a research report on Wednesday, April 15th. Finally, Wall Street Zen upgraded Sinclair from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Two analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Sinclair currently has a consensus rating of “Hold” and an average price target of $19.20.

Sinclair Company Profile

Sinclair Broadcast Group, Inc (NASDAQ: SBGI) is a media and entertainment company headquartered in Hunt Valley, Maryland. Founded in 1971 as a single UHF television station operator, Sinclair has grown through strategic acquisitions and organic expansion to become one of the largest owners of local television stations in the United States. Over its history, the company has pursued a diversified portfolio that includes both traditional broadcast assets and newer digital platforms.

At its core, Sinclair operates over 190 television stations affiliated with the major national broadcast networks, including ABC, CBS, NBC, Fox, The CW and MyNetworkTV.