Orographic Financial Advisors LLC Takes $1.01 Million Position in Warner Bros. Discovery, Inc. $WBD

Orographic Financial Advisors LLC acquired a new position in shares of Warner Bros. Discovery, Inc. (NASDAQ:WBD) during the first quarter, Holdings Channel reports. The fund acquired 36,865 shares of the company’s stock, valued at approximately $1,012,000.

Other large investors also recently made changes to their positions in the company. Venturi Wealth Management LLC boosted its holdings in Warner Bros. Discovery by 4.5% in the first quarter. Venturi Wealth Management LLC now owns 8,462 shares of the company’s stock worth $232,000 after acquiring an additional 367 shares in the last quarter. Krilogy Financial LLC increased its holdings in shares of Warner Bros. Discovery by 2.6% during the first quarter. Krilogy Financial LLC now owns 14,809 shares of the company’s stock valued at $406,000 after acquiring an additional 369 shares in the last quarter. Optas LLC increased its holdings in shares of Warner Bros. Discovery by 2.7% during the first quarter. Optas LLC now owns 15,529 shares of the company’s stock valued at $426,000 after acquiring an additional 409 shares in the last quarter. William B. Walkup & Associates Inc. raised its position in shares of Warner Bros. Discovery by 5.6% during the first quarter. William B. Walkup & Associates Inc. now owns 7,837 shares of the company’s stock worth $215,000 after purchasing an additional 414 shares during the period. Finally, Salomon & Ludwin LLC lifted its holdings in shares of Warner Bros. Discovery by 20.2% in the 4th quarter. Salomon & Ludwin LLC now owns 2,494 shares of the company’s stock worth $71,000 after purchasing an additional 419 shares in the last quarter. 59.95% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

WBD has been the subject of several research reports. Guggenheim reissued a “neutral” rating on shares of Warner Bros. Discovery in a research report on Thursday, May 7th. Zacks Research lowered shares of Warner Bros. Discovery from a “hold” rating to a “strong sell” rating in a research note on Monday. Huber Research upgraded shares of Warner Bros. Discovery from an “underweight” rating to an “overweight” rating in a report on Monday, June 1st. KeyCorp reissued an “overweight” rating on shares of Warner Bros. Discovery in a research report on Friday, April 24th. Finally, Weiss Ratings lowered shares of Warner Bros. Discovery from a “hold (c-)” rating to a “sell (d-)” rating in a report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $27.04.

Warner Bros. Discovery Stock Performance

Shares of WBD stock opened at $25.47 on Friday. The firm has a 50-day moving average of $26.59 and a 200-day moving average of $27.29. The company has a market cap of $63.86 billion, a P/E ratio of -36.39 and a beta of 1.54. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.73 and a quick ratio of 0.73. Warner Bros. Discovery, Inc. has a one year low of $10.76 and a one year high of $30.00.

Warner Bros. Discovery (NASDAQ:WBD) last posted its quarterly earnings data on Wednesday, May 6th. The company reported ($1.17) EPS for the quarter, missing the consensus estimate of ($0.10) by ($1.07). Warner Bros. Discovery had a negative net margin of 4.67% and a negative return on equity of 4.77%. The firm had revenue of $8.89 billion during the quarter, compared to analysts’ expectations of $8.89 billion. During the same quarter last year, the business posted ($0.18) EPS. The company’s quarterly revenue was down 1.0% on a year-over-year basis. Equities research analysts forecast that Warner Bros. Discovery, Inc. will post -1.08 EPS for the current fiscal year.

Warner Bros. Discovery News Summary

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

• Positive Sentiment: Warner Bros. Discovery reported record Tour de France audiences across Europe, signaling strong engagement with its sports content and potentially supporting advertising, distribution and streaming performance. Warner Bros. Discovery reports record Tour de France audiences across Europe
• Neutral Sentiment: Investor attention remains concentrated on the proposed Paramount-WBD transaction. Commentary suggests the deal could still proceed, but legal and antitrust challenges may create additional uncertainty around its timing and completion. The Ellisons may still get Warner Bros. But it won’t be easy.
• Neutral Sentiment: Analysts’ price targets for WBD remain a focus for investors, while unusually high search interest highlights heightened market attention rather than a clear change in the company’s fundamentals. What are Wall Street analysts’ target price for Warner Bros. Discovery stock?
• Negative Sentiment: WBD’s upcoming second-quarter report is expected to show declining earnings, and Zacks says the company lacks the typical factors associated with an earnings beat. This follows the company’s recent substantial quarterly EPS miss, increasing downside risk ahead of results. Earnings Preview: Warner Bros. Discovery (WBD) Q2 Earnings Expected to Decline
• Negative Sentiment: Merger-related legal risk is weighing on the investment case. Reports cite a potential $9.8 billion breakup fee if the Paramount-WBD transaction fails, while delays could reportedly begin costing Paramount approximately $7 million per day after September 30. These obligations raise the stakes but do not guarantee that WBD shareholders will receive the deal’s expected benefits. Warner Bros.-Paramount merger faces a massive $9.8 billion breakup fee if it collapses
• Negative Sentiment: Zacks Research downgraded Warner Bros. Discovery from “hold” to “strong sell,” adding pressure to the stock ahead of earnings and while merger litigation remains unresolved. Warner Bros. Discovery downgrade

Warner Bros. Discovery 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.