368,926 Shares in Paramount Skydance Corporation $PSKY Bought by New York State Teachers Retirement System

Key Points

• New York State Teachers Retirement System bought a new position of 368,926 shares of Paramount Skydance (PSKY) in Q3 — about $6.98 million, roughly 0.05% of the company.
• Paramount Skydance missed quarterly expectations, reporting $0.12 EPS vs. $0.49 expected and slightly below-consensus revenue, while the company shows a negative net margin and pays a $0.05 quarterly dividend (≈1.7% yield).
• Legal and market pressure is mounting: a Delaware judge refused to expedite discovery in Paramount’s lawsuit against Warner Bros., prolonging uncertainty, and analysts/quant models have turned bearish with a MarketBeat consensus of "Strong Sell" and multiple sell/underperform ratings.

New York State Teachers Retirement System bought a new position in Paramount Skydance Corporation (NASDAQ:PSKY - Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 368,926 shares of the company's stock, valued at approximately $6,980,000. New York State Teachers Retirement System owned about 0.05% of Paramount Skydance as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Private Trust Co. NA purchased a new position in Paramount Skydance in the third quarter valued at $47,000. Sound Income Strategies LLC purchased a new stake in shares of Paramount Skydance during the 3rd quarter worth about $49,000. Valley National Advisers Inc. acquired a new stake in shares of Paramount Skydance during the 3rd quarter valued at about $68,000. CWM LLC purchased a new position in shares of Paramount Skydance in the 3rd quarter valued at about $91,000. Finally, AdvisorNet Financial Inc purchased a new position in shares of Paramount Skydance in the 3rd quarter valued at about $97,000. 73.00% of the stock is currently owned by hedge funds and other institutional investors.

Paramount Skydance Stock Down 2.1%

Shares of NASDAQ:PSKY opened at $11.83 on Friday. Paramount Skydance Corporation has a 52-week low of $9.95 and a 52-week high of $20.86. The stock has a market cap of $12.68 billion, a PE ratio of -394.20 and a beta of 1.17. The company has a fifty day moving average of $14.19. The company has a current ratio of 1.34, a quick ratio of 1.16 and a debt-to-equity ratio of 1.00.

Paramount Skydance (NASDAQ:PSKY - Get Free Report) last posted its quarterly earnings results on Monday, November 10th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.37). Paramount Skydance had a positive return on equity of 3.95% and a negative net margin of 0.95%.The company had revenue of $6.73 billion for the quarter, compared to analysts' expectations of $6.79 billion. During the same quarter in the prior year, the firm earned $0.49 EPS. The firm's revenue was up 0% on a year-over-year basis.

Paramount Skydance Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Stockholders of record on Thursday, December 18th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Thursday, December 18th. Paramount Skydance's dividend payout ratio is currently -666.67%.

Analyst Ratings Changes

A number of equities analysts have issued reports on PSKY shares. Morgan Stanley increased their price target on Paramount Skydance from $10.00 to $12.00 and gave the stock an "underweight" rating in a research report on Tuesday, December 9th. Sanford C. Bernstein increased their target price on Paramount Skydance from $11.00 to $12.00 and gave the company an "underperform" rating in a research report on Wednesday, November 12th. Wolfe Research reissued an "underperform" rating and issued a $13.00 price target on shares of Paramount Skydance in a research note on Monday, December 15th. UBS Group boosted their price target on shares of Paramount Skydance from $10.00 to $12.00 and gave the stock a "sell" rating in a report on Wednesday, October 8th. Finally, Guggenheim restated a "neutral" rating and set a $16.00 price objective on shares of Paramount Skydance in a research report on Wednesday, November 12th. One equities research analyst has rated the stock with a Buy rating, five have given a Hold rating and nine have assigned a Sell rating to the company's stock. According to MarketBeat.com, Paramount Skydance presently has an average rating of "Strong Sell" and an average price target of $14.00.

Key Paramount Skydance News

Here are the key news stories impacting Paramount Skydance this week:

• Positive Sentiment: Paramount named Dennis K. Cinelli as CFO and added Andrew Campion to the board, strengthening its financial leadership and investor-relations oversight during the takeover fight. PARAMOUNT APPOINTS DENNIS K. CINELLI AS CHIEF FINANCIAL OFFICER AND ADDS ANDREW CAMPION TO ITS BOARD OF DIRECTORS
• Neutral Sentiment: Paramount filed suit against Warner Bros. Discovery and signaled plans to nominate its own director slate — a strategic, high‑stakes move that keeps pressure on WBD but creates legal and execution risk. Paramount files lawsuit against Warner Bros; intends to nominate director slate (update)
• Negative Sentiment: A Delaware judge refused to expedite Paramount’s request for accelerated discovery related to Warner Bros.’ decision to favor Netflix’s takeover bid, prolonging legal uncertainty and delaying any quick resolution. Delaware judge won't speed up Paramount lawsuit seeking Warner Bros merger details
• Negative Sentiment: Reports characterize the court outcome as a legal setback for David Ellison’s Paramount, reinforcing investor concerns about the viability and timeline of its challenge to WBD’s deal decisions. David Ellison's Paramount suffers a setback in its legal fight with Warner Bros. Discovery
• Negative Sentiment: Analyst/quant downgrade: Zacks added PSKY to its “Strong Sell” list, which can amplify selling pressure from model‑driven funds and retail investors. New Strong Sell Stocks for Jan-14
• Negative Sentiment: Institutional skepticism: reports that a large Warner holder does not view Paramount’s bid as superior undermine PSKY’s takeover thesis and could reduce the likelihood of shareholder support for its campaign. Large Warner Bros. holder doesn't believe Paramount bid is superior

Paramount Skydance 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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