Dimensional Fund Advisors LP Boosts Position in Sinclair, Inc. $SBGI

Dimensional Fund Advisors LP lifted its holdings in Sinclair, Inc. (NASDAQ:SBGI) by 7.5% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,622,794 shares of the company’s stock after purchasing an additional 113,788 shares during the period. Dimensional Fund Advisors LP owned about 2.27% of Sinclair worth $21,001,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Geneos Wealth Management Inc. grew its position in shares of Sinclair by 142.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,815 shares of the company’s stock valued at $25,000 after acquiring an additional 1,065 shares during the period. Hilton Head Capital Partners LLC bought a new position in Sinclair in the 4th quarter worth $32,000. Tower Research Capital LLC TRC lifted its position in Sinclair by 175.6% during the second quarter. Tower Research Capital LLC TRC now owns 2,954 shares of the company’s stock valued at $41,000 after purchasing an additional 1,882 shares in the last quarter. Aquatic Capital Management LLC bought a new stake in Sinclair in the 3rd quarter worth approximately $48,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of Sinclair during the 2nd quarter worth approximately $54,000. 41.71% of the stock is currently owned by institutional investors.

Sinclair Stock Performance

NASDAQ:SBGI opened at $14.76 on Friday. The firm has a market capitalization of $1.07 billion, a PE ratio of 19.68 and a beta of 1.06. The stock’s fifty day moving average is $14.05 and its 200 day moving average is $14.35. Sinclair, Inc. has a fifty-two week low of $11.89 and a fifty-two week 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.

Sinclair (NASDAQ:SBGI) last posted its quarterly earnings data on Wednesday, August 5th. The company reported ($1.06) EPS 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 firm had revenue of $840.00 million for the quarter, compared to analysts’ expectations of $838.99 million. During the same period in the previous year, the firm earned ($0.91) earnings per share. The firm’s quarterly revenue was up 7.1% compared to the same quarter last year. On average, sell-side analysts anticipate that Sinclair, Inc. will post 1.68 earnings per share for the current year.

Sinclair Announces Dividend

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

Key Headlines Impacting Sinclair

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 Buying and Selling

In related news, Director Daniel C. Keith sold 17,000 shares of the stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $15.02, for a total value of $255,340.00. Following the sale, the director directly owned 25,122 shares of the company’s stock, valued at $377,332.44. This represents a 40.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 42.10% of the company’s stock.

Wall Street Analyst Weigh In

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

About Sinclair

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.