Troluce Capital Advisors LLC Takes Position in Warner Bros. Discovery, Inc. $WBD

Troluce Capital Advisors LLC purchased a new position in Warner Bros. Discovery, Inc. (NASDAQ:WBD) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 387,000 shares of the company’s stock, valued at approximately $10,627,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Ardmore Road Asset Management LP boosted its position in shares of Warner Bros. Discovery by 194.6% in the 1st quarter. Ardmore Road Asset Management LP now owns 1,086,000 shares of the company’s stock worth $29,822,000 after buying an additional 717,413 shares in the last quarter. OMERS ADMINISTRATION Corp increased its holdings in Warner Bros. Discovery by 30.4% during the 1st quarter. OMERS ADMINISTRATION Corp now owns 107,902 shares of the company’s stock valued at $2,963,000 after acquiring an additional 25,159 shares in the last quarter. Waverly Advisors LLC raised its position in Warner Bros. Discovery by 5.5% during the first quarter. Waverly Advisors LLC now owns 36,544 shares of the company’s stock worth $1,004,000 after acquiring an additional 1,889 shares during the last quarter. Kryger Capital LLC purchased a new stake in shares of Warner Bros. Discovery in the first quarter valued at about $84,764,000. Finally, Bridgewater Advisors Inc. lifted its holdings in shares of Warner Bros. Discovery by 16.5% in the first quarter. Bridgewater Advisors Inc. now owns 8,242 shares of the company’s stock valued at $225,000 after purchasing an additional 1,166 shares in the last quarter. Institutional investors and hedge funds own 59.95% of the company’s stock.

Analysts Set New Price Targets

WBD has been the subject of several research reports. KeyCorp restated an “overweight” rating on shares of Warner Bros. Discovery in a research report on Friday, April 24th. Seaport Research Partners cut Warner Bros. Discovery from a “buy” rating to a “neutral” rating in a report on Monday. Zacks Research raised Warner Bros. Discovery from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. Weiss Ratings downgraded Warner Bros. Discovery from a “hold (c-)” rating to a “sell (d-)” rating in a research report on Thursday, May 7th. Finally, UBS Group increased their price objective on Warner Bros. Discovery from $30.00 to $31.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $27.04.

Warner Bros. Discovery Price Performance

WBD stock opened at $25.77 on Monday. Warner Bros. Discovery, Inc. has a 52-week low of $10.76 and a 52-week high of $30.00. The stock’s fifty day simple moving average is $26.72 and its 200-day simple moving average is $27.38. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 0.92. The stock has a market capitalization of $64.61 billion, a price-to-earnings ratio of -36.81 and a beta of 1.54.

Warner Bros. Discovery (NASDAQ:WBD) last released its earnings results 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 business had revenue of $8.89 billion during the quarter, compared to analyst estimates of $8.89 billion. During the same quarter in the previous year, the company posted ($0.18) earnings per share. The business’s revenue for the quarter was down 1.0% compared to the same quarter last year. Equities research analysts expect that Warner Bros. Discovery, Inc. will post -1.07 EPS for the current year.

Trending Headlines about Warner Bros. Discovery

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

• Positive Sentiment: Warner Bros. Discovery is expected to report second-quarter 2026 results on August 6, giving investors a new near-term catalyst to assess business performance. Warner Bros. Discovery to Report Second Quarter 2026 Results on Thursday, August 6
• Neutral Sentiment: Paramount has reportedly secured EU approval for the merger, reducing one hurdle even as U.S. regulators and courts continue to review the deal. Paramount’s Takeover Of Warner Bros. Discovery Gets EU Greenlight
• Negative Sentiment: A federal judge has extended the pause on the Paramount-Warner Bros. Discovery deal through at least August 17, increasing uncertainty around the transaction. Paramount-Warner-Bros deal paused through August 17, judge rules
• Negative Sentiment: Reports say Paramount may push the closing date out to as late as June 2027 while it fights state lawsuits, and could face large daily fees if the merger does not close on time. Paramount agrees to pause $110B Warner Bros. deal while states’ lawsuit plays out

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.