PFG Investments LLC acquired a new position in Paramount Skydance Corporation (NASDAQ:PSKY – Free Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 55,751 shares of the company’s stock, valued at approximately $1,055,000.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Versant Capital Management Inc bought a new position in Paramount Skydance in the 3rd quarter worth about $39,000. Private Trust Co. NA purchased a new position in shares of Paramount Skydance during the third quarter worth about $47,000. Sound Income Strategies LLC bought a new position in shares of Paramount Skydance in the third quarter worth approximately $49,000. Resona Asset Management Co. Ltd. purchased a new stake in Paramount Skydance in the third quarter valued at approximately $67,000. Finally, Valley National Advisers Inc. bought a new stake in Paramount Skydance during the third quarter valued at approximately $68,000. 73.00% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of brokerages have recently commented on PSKY. Evercore ISI increased their price target on shares of Paramount Skydance from $12.00 to $14.00 and gave the stock an “in-line” rating in a report on Tuesday, November 11th. Wall Street Zen upgraded shares of Paramount Skydance to a “hold” rating in a research report on Saturday, November 15th. Benchmark raised 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. Guggenheim reaffirmed a “neutral” rating and set a $16.00 price target on shares of Paramount Skydance in a research note on Wednesday, November 12th. Finally, Morgan Stanley increased their price objective on Paramount Skydance from $10.00 to $12.00 and gave the company an “underweight” rating in a research report on Tuesday, December 9th. One investment analyst has rated the stock with a Buy rating, four have issued a Hold rating and nine have issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Strong Sell” and an average target price of $14.00.
Key Headlines Impacting Paramount Skydance
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 Price Performance
Shares of PSKY stock opened at $11.70 on Monday. The firm’s 50-day moving average is $13.72. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.34 and a quick ratio of 1.16. Paramount Skydance Corporation has a 1-year low of $9.95 and a 1-year high of $20.86. The stock has a market cap of $12.54 billion, a PE ratio of -389.87 and a beta of 1.17.
Paramount Skydance (NASDAQ:PSKY – Get Free Report) last announced its quarterly earnings data on Monday, November 10th. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.37). The company had revenue of $6.73 billion during the quarter, compared to the consensus estimate of $6.79 billion. Paramount Skydance had a negative net margin of 0.95% and a positive return on equity of 3.95%. The business’s revenue for the quarter was up 0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.49 EPS.
Paramount Skydance Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Thursday, December 18th were issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date was Thursday, December 18th. Paramount Skydance’s dividend payout ratio is currently -666.67%.
Paramount Skydance Company 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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