Prudential PLC Boosts Holdings in Warner Bros. Discovery, Inc. $WBD

Posted by Mark Dietrich on Jun 7th, 2026

Prudential PLC raised its holdings in Warner Bros. Discovery, Inc. (NASDAQ:WBD – Free Report) by 121.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 176,284 shares of the company’s stock after acquiring an additional 96,779 shares during the period. Prudential PLC’s holdings in Warner Bros. Discovery were worth $5,081,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Brighton Jones LLC grew 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 worth $729,000 after purchasing an additional 51,920 shares during the period. NewEdge Advisors LLC grew its holdings in shares of Warner Bros. Discovery by 50.5% during the 1st quarter. NewEdge Advisors LLC now owns 63,254 shares of the company’s stock worth $679,000 after purchasing an additional 21,228 shares during the period. Empowered Funds LLC grew its holdings in shares of Warner Bros. Discovery by 6.2% during the 1st quarter. Empowered Funds LLC now owns 65,082 shares of the company’s stock worth $698,000 after purchasing an additional 3,779 shares during the period. Focus Partners Wealth grew its holdings in shares of Warner Bros. Discovery by 91.6% during the 1st quarter. Focus Partners Wealth now owns 116,821 shares of the company’s stock worth $1,254,000 after purchasing an additional 55,837 shares during the period. Finally, Baird Financial Group Inc. grew its holdings in shares of Warner Bros. Discovery by 3.8% during the 2nd quarter. Baird Financial Group Inc. now owns 111,450 shares of the company’s stock worth $1,277,000 after purchasing an additional 4,062 shares during the period. Hedge funds and other institutional investors own 59.95% of the company’s stock.

Warner Bros. Discovery Stock Performance

Shares of WBD opened at $26.24 on Friday. The business’s 50 day moving average is $27.18 and its two-hundred day moving average is $27.40. Warner Bros. Discovery, Inc. has a 52-week low of $9.11 and a 52-week high of $30.00. The firm has a market cap of $65.79 billion, a price-to-earnings ratio of -37.49 and a beta of 1.54. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 0.92.

Warner Bros. Discovery (NASDAQ:WBD – Get Free Report) last announced its earnings results on Wednesday, May 6th. The company reported ($1.17) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.10) by ($1.07). Warner Bros. Discovery had a negative net margin of 4.67% and a negative return on equity of 4.77%. The business had revenue of $8.89 billion during the quarter, compared to analyst estimates of $8.89 billion. During the same period in the previous year, the company earned ($0.18) earnings per share. The business’s revenue for the quarter was down 1.0% on a year-over-year basis. Analysts forecast that Warner Bros. Discovery, Inc. will post -0.93 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

WBD has been the subject of a number of research reports. Raymond James Financial reiterated an “underperform” rating on shares of Warner Bros. Discovery in a report on Friday, February 27th. Zacks Research raised Warner Bros. Discovery from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. TD Cowen boosted their price target on Warner Bros. Discovery from $22.00 to $26.00 and gave the stock a “hold” rating in a research report on Friday, February 27th. Arete Research reissued a “neutral” rating and set a $31.25 price target on shares of Warner Bros. Discovery in a research report on Friday, February 27th. Finally, Deutsche Bank Aktiengesellschaft lowered Warner Bros. Discovery from a “buy” rating to a “hold” rating and boosted their price target for the stock from $29.50 to $31.00 in a research report on Friday, February 27th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, fourteen have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Warner Bros. Discovery has an average rating of “Hold” and an average target price of $27.04.

Check Out Our Latest Stock Report on WBD

Insider Activity at Warner Bros. Discovery

In related news, Director Paul A. Gould sold 600,000 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $27.35, for a total transaction of $16,410,000.00. Following the sale, the director directly owned 244,357 shares of the company’s stock, valued at approximately $6,683,163.95. This represents a 71.06% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Fazal F. Merchant sold 35,000 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $27.48, for a total value of $961,800.00. Following the sale, the director directly owned 95,539 shares in the company, valued at approximately $2,625,411.72. This represents a 26.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 676,784 shares of company stock valued at $18,534,231. Corporate insiders own 1.90% of the company’s stock.

Key Warner Bros. Discovery News

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

Positive Sentiment: Warner Bros. Discovery signed a World Series of Poker broadcast deal, which adds another content partnership and could support its media and sports programming strategy. WBD signs World Series of Poker broadcast deal
Neutral Sentiment: Analysts noted WBD has been little changed since its last earnings report, with investors still waiting for a clearer operational turnaround. Warner Bros. Discovery (WBD) Down 0.4% Since Last Earnings Report: Can It Rebound?
Neutral Sentiment: Paramount is seeking to dismiss a lawsuit aimed at blocking the Warner Bros. Discovery transaction, while other reports say states are preparing their own legal challenge, keeping the deal in limbo. U.S. states are preparing a lawsuit to block Paramount’s acquisition of Warner Bros
Negative Sentiment: State attorneys general planning a lawsuit to block the Paramount Skydance acquisition of Warner Bros. Discovery is the biggest near-term concern, since it raises the odds of delay or even failure of the deal. Stock Market Today, June 5: Warner Bros. Discovery Falls on Reports of State Antitrust Challenge to Paramount Deal
Negative Sentiment: Political scrutiny is increasing, with Senator Elizabeth Warren calling for a foreign-ownership review of the Paramount-WBD deal, adding another potential hurdle. Elizabeth Warren Calls For Foreign Ownership Review Of Paramount-WBD

Warner Bros. Discovery Profile

(Free Report)

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.