Warner Bros. Discovery, Inc. $WBD Shares Purchased by Terril Brothers Inc.

Terril Brothers Inc. raised its stake in Warner Bros. Discovery, Inc. (NASDAQ:WBD) by 48.9% in the second quarter, Holdings Channel.com reports. The firm owned 1,116,807 shares of the company’s stock after acquiring an additional 366,861 shares during the period. Warner Bros. Discovery makes up approximately 7.7% of Terril Brothers Inc.’s holdings, making the stock its 3rd largest holding. Terril Brothers Inc.’s holdings in Warner Bros. Discovery were worth $29,774,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of WBD. Norges Bank acquired a new position in shares of Warner Bros. Discovery during the fourth quarter valued at about $1,123,807,000. Duquesne Family Office LLC acquired a new stake in Warner Bros. Discovery during the second quarter worth about $74,916,000. Amundi grew its position in Warner Bros. Discovery by 59.6% during the third quarter. Amundi now owns 15,523,538 shares of the company’s stock worth $296,189,000 after buying an additional 5,798,592 shares in the last quarter. Marshall Wace LLP bought a new position in Warner Bros. Discovery during the third quarter valued at about $100,135,000. Finally, Healthcare of Ontario Pension Plan Trust Fund raised its holdings in Warner Bros. Discovery by 509.5% in the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 5,981,814 shares of the company’s stock valued at $172,396,000 after acquiring an additional 5,000,437 shares in the last quarter. 59.95% of the stock is currently owned by institutional investors and hedge funds.

Warner Bros. Discovery Trading Up 0.4%

WBD stock opened at $27.75 on Friday. Warner Bros. Discovery, Inc. has a 1-year low of $11.25 and a 1-year high of $30.00. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.90. The business’s 50 day moving average is $26.50 and its 200-day moving average is $27.16. The firm has a market cap of $69.57 billion, a P/E ratio of -21.85 and a beta of 1.55.

Warner Bros. Discovery (NASDAQ:WBD) last posted its earnings results on Thursday, August 6th. The company reported $0.06 EPS for the quarter, topping the consensus estimate of ($0.14) by $0.20. The business had revenue of $8.72 billion during the quarter, compared to the consensus estimate of $9.25 billion. Warner Bros. Discovery had a negative return on equity of 8.91% and a negative net margin of 8.77%.Warner Bros. Discovery’s revenue was down 11.2% on a year-over-year basis. During the same quarter last year, the company earned $0.63 EPS. Equities analysts anticipate that Warner Bros. Discovery, Inc. will post -1.13 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have commented on WBD shares. Guggenheim reiterated a “neutral” rating on shares of Warner Bros. Discovery in a research report on Thursday, May 7th. Freedom Capital upgraded Warner Bros. Discovery from a “hold” rating to a “strong-buy” rating in a research report on Monday. Seaport Research Partners lowered Warner Bros. Discovery from a “buy” rating to a “neutral” rating in a research note on Monday, July 27th. Huber Research raised Warner Bros. Discovery from an “underweight” rating to an “overweight” rating in a research report on Monday, June 1st. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Warner Bros. Discovery in a research note on Tuesday, August 4th. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $27.69.

Insider Buying and Selling at Warner Bros. Discovery

In other Warner Bros. Discovery news, Director Kenneth W. Lowe sold 120,000 shares of Warner Bros. Discovery stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $26.97, for a total transaction of $3,236,400.00. Following the completion of the transaction, the director directly owned 990,108 shares of the company’s stock, valued at approximately $26,703,212.76. This trade represents a 10.81% 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 this link. Also, insider Gerhard Zeiler sold 591,038 shares of the business’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $27.05, for a total transaction of $15,987,577.90. Following the completion of the sale, the insider owned 537,436 shares in the company, valued at $14,537,643.80. This represents a 52.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.70% of the company’s stock.

Warner Bros. Discovery News Summary

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

• Positive Sentiment: Freedom Capital upgraded WBD from “hold” to “strong buy,” adding a bullish catalyst. The firm’s upgrade follows WBD’s recent earnings beat, although the company’s revenue declined year over year. Zacks.com
• Positive Sentiment: Paramount Skydance reportedly said that selling CNN is under consideration as a potential way to resolve California’s antitrust lawsuit against the proposed Paramount-WBD merger. A compromise could improve the deal’s odds of closing, though it would reduce some of its strategic benefits. Paramount says CNN sale is on the table
• Neutral Sentiment: Attorneys for the parties have outlined discovery and other deadlines for the pending antitrust trial, while industry groups including the DGA and IATSE are urging a faster resolution. The process provides a clearer timeline but indicates that merger uncertainty could persist into 2027. Paramount-WBD antitrust trial schedule
• Neutral Sentiment: WBD unveiled new incubator productions for Food Network and discovery+, offering additional content for its television and streaming businesses. The announcement is strategically supportive but is unlikely to materially change near-term valuation. WBD incubator productions
• Negative Sentiment: Large insider sales are weighing on sentiment. CEO David Zaslav reportedly sold approximately $21.7 million of WBD stock, while Director Gerhard Zeiler sold about $16.0 million and Director Kenneth Lowe sold roughly $3.2 million. The filings do not establish the reasons for the sales, but their size may concern investors. David Zaslav stock sale
• Negative Sentiment: Political and regulatory scrutiny remains intense, and Paramount’s threat to leave California highlights the difficulty of reaching a settlement. If the merger is delayed, blocked or materially altered, WBD shareholders could lose a major potential source of value. Political scrutiny of the Paramount-WBD deal

About Warner Bros. Discovery

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.