Sienna Gestion Boosts Position in Warner Bros. Discovery, Inc. $WBD

Sienna Gestion boosted its stake in shares of Warner Bros. Discovery, Inc. (NASDAQ:WBD) by 14.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 576,238 shares of the company’s stock after buying an additional 70,754 shares during the quarter. Sienna Gestion’s holdings in Warner Bros. Discovery were worth $10,261,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in WBD. Concord Wealth Partners raised its stake in shares of Warner Bros. Discovery by 49.9% during the third quarter. Concord Wealth Partners now owns 1,321 shares of the company’s stock valued at $26,000 after acquiring an additional 440 shares in the last quarter. Howard Capital Management Inc. lifted its holdings in shares of 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 grew its position in shares of 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 in the last quarter. Clearstead Advisors LLC increased its stake in shares of Warner Bros. Discovery by 0.6% during the third quarter. Clearstead Advisors LLC now owns 91,414 shares of the company’s stock valued at $1,785,000 after buying 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% during the third quarter. Prime Capital Investment Advisors LLC now owns 16,860 shares of the company’s stock valued at $329,000 after buying an additional 512 shares during the period. 59.95% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on WBD. Rothschild & Co Redburn set a $31.00 target price on shares of Warner Bros. Discovery and gave the stock a “neutral” rating in a report on Tuesday, February 17th. Huber Research lowered shares of Warner Bros. Discovery from a “strong-buy” rating to a “strong sell” rating in a report on Friday, February 27th. Morgan Stanley set a $29.00 price objective on shares of Warner Bros. Discovery in a research note on Thursday, December 18th. Deutsche Bank Aktiengesellschaft lowered shares of Warner Bros. Discovery from a “buy” rating to a “hold” rating and lifted their price objective for the company from $29.50 to $31.00 in a report on Friday, February 27th. Finally, Guggenheim lowered Warner Bros. Discovery from a “buy” rating to a “neutral” rating and upped their target price for the stock from $25.00 to $30.00 in a report on Wednesday, January 14th. Five investment analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $25.99.

Insider Activity at Warner Bros. Discovery

In other Warner Bros. Discovery news, CEO David Zaslav sold 4,004,149 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $28.26, for a total value of $113,157,250.74. Following the completion of the sale, the chief executive officer owned 7,200,627 shares of the company’s stock, valued at approximately $203,489,719.02. This trade represents a 35.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Gunnar Wiedenfels sold 617,580 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $28.25, for a total value of $17,446,635.00. Following the sale, the chief financial officer owned 691,570 shares in the company, valued at $19,536,852.50. The trade was a 47.17% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 7,777,159 shares of company stock worth $219,427,326 over the last ninety days. Corporate insiders own 1.80% of the company’s stock.

Warner Bros. Discovery Price Performance

Shares of WBD opened at $27.93 on Monday. The company has a 50 day moving average of $28.27 and a two-hundred day moving average of $23.39. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.87. Warner Bros. Discovery, Inc. has a twelve month low of $7.52 and a twelve month high of $30.00. The company has a market cap of $69.21 billion, a price-to-earnings ratio of 96.31 and a beta of 1.60.

Warner Bros. Discovery (NASDAQ:WBD) last issued its quarterly earnings results on Thursday, February 26th. The company reported ($0.10) earnings per share (EPS) 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 business had revenue of $9.46 billion for the quarter, compared to analyst estimates of $9.33 billion. During the same period in the previous year, the company posted ($0.20) earnings per share. The business’s revenue for the quarter was down 5.7% on a year-over-year basis. As a group, analysts predict that Warner Bros. Discovery, Inc. will post -4.33 earnings per share for the current fiscal year.

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 Company 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.