SG Americas Securities LLC bought a new position in shares of Paramount Skydance Corporation (NASDAQ:PSKY – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 495,228 shares of the company’s stock, valued at approximately $9,370,000.
Other hedge funds and other institutional investors have also made changes to their positions in the company. CX Institutional acquired a new stake in shares of Paramount Skydance during the third quarter worth $235,000. KLP Kapitalforvaltning AS purchased a new position in Paramount Skydance in the 3rd quarter worth $1,264,000. Louisiana State Employees Retirement System purchased a new position in Paramount Skydance in the 3rd quarter worth $307,000. CoreCap Advisors LLC acquired a new stake in Paramount Skydance during the 3rd quarter worth about $107,000. Finally, Grandview Asset Management LLC purchased a new stake in Paramount Skydance during the 3rd quarter valued at about $570,000. Hedge funds and other institutional investors own 73.00% of the company’s stock.
Paramount Skydance Trading Down 1.7%
Shares of NASDAQ:PSKY opened at $12.06 on Friday. 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 12-month low of $9.95 and a 12-month high of $20.86. The firm has a 50 day moving average of $14.43. The firm has a market capitalization of $12.92 billion, a P/E ratio of -401.87 and a beta of 1.17.
Paramount Skydance Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Thursday, December 18th were issued a $0.05 dividend. The ex-dividend date of this dividend was Thursday, December 18th. This represents a $0.20 dividend on an annualized basis and a yield of 1.7%. Paramount Skydance’s payout ratio is presently -666.67%.
Analyst Upgrades and Downgrades
A number of research analysts have recently weighed in on PSKY shares. Wells Fargo & Company increased their price objective on Paramount Skydance from $16.00 to $18.00 and gave the company an “equal weight” rating in a report on Tuesday, November 11th. Benchmark upped their target price on Paramount Skydance from $16.00 to $19.00 and gave the company a “buy” rating in a research report on Tuesday, November 11th. Wall Street Zen raised shares of Paramount Skydance to a “hold” rating in a research report on Saturday, November 15th. Zacks Research cut shares of Paramount Skydance from a “hold” rating to a “strong sell” rating in a research note on Monday, December 8th. Finally, Morgan Stanley upped their price objective on shares of Paramount Skydance from $10.00 to $12.00 and gave the company an “underweight” rating in a report on Tuesday, December 9th. One investment analyst has rated the stock with a Buy rating, five have given a Hold rating and nine have given a Sell rating to the stock. According to data from MarketBeat.com, Paramount Skydance presently has an average rating of “Strong Sell” and an average target price of $14.00.
Get Our Latest Analysis on Paramount Skydance
Paramount Skydance News Roundup
Here are the key news stories impacting Paramount Skydance this week:
- Positive Sentiment: Some large WBD shareholders are split on PSKY’s offer, giving Paramount a real chance to sway votes or restart bidding — a split creates a path for PSKY to win WBD or push price higher. Some of Warner Bros’ biggest investors are split on Paramount offer
- Positive Sentiment: Paramount publicly reaffirmed its fully financed $30-per-share all-cash offer and commitment to pursue WBD, signaling financial readiness and resolve that could force further negotiations or a higher eventual price. PARAMOUNT REAFFIRMS COMMITMENT TO DELIVERING SUPERIOR $30 PER SHARE ALL-CASH OFFER TO WARNER BROS. DISCOVERY SHAREHOLDERS
- Positive Sentiment: Paramount’s legal team asked a House antitrust subcommittee to view the Netflix–WBD combination as “presumptively unlawful,” a tactic intended to slow or block Netflix’s deal and preserve PSKY’s opportunity. If successful, this could materially change the M&A landscape in PSKY’s favor. Paramount Tells Lawmakers That Netflix-WBD Merger Is “Presumptively Unlawful”
- Neutral Sentiment: Paramount+ rolled out international programming (e.g., CANADA SHORE) — positive for the content pipeline and subscriber engagement over time but unlikely to move PSKY in the short term relative to the takeover headlines. THE PARTY GOES GLOBAL!
- Negative Sentiment: WBD’s board has repeatedly rejected Paramount’s proposals and continues to favor the Netflix transaction, undermining PSKY’s path to a quick takeover and creating near-term downside pressure on PSKY shares. Warner Bros. board rejects Paramount’s offer, still wants Netflix deal
- Negative Sentiment: WBD and some media outlets have publicly called PSKY’s bid “illusory” or “not comparable,” damaging perceived credibility and making it harder for PSKY to convince fence‑sitting shareholders or regulators. Warner Bros. sticks with Netflix merger, calls Paramount’s $108B bid “illusory”
- Negative Sentiment: WBD has escalated its language and formally recommended shareholders reject PSKY’s tender — a coordinated defense that lowers the odds PSKY succeeds without raising its bid, increasing the risk of a costly bidding war or failed tender. Why Warner Bros. Discovery dialed up the heat in its latest rejection of Paramount
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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