Empowered Funds LLC Acquires 52,221 Shares of Warner Music Group Corp. $WMG

Empowered Funds LLC raised its stake in shares of Warner Music Group Corp. (NASDAQ:WMG) by 1,954.4% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 54,893 shares of the company’s stock after purchasing an additional 52,221 shares during the period. Empowered Funds LLC’s holdings in Warner Music Group were worth $1,402,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of WMG. Quarry LP bought a new position in shares of Warner Music Group in the fourth quarter valued at approximately $40,000. Caitong International Asset Management Co. Ltd grew its holdings in Warner Music Group by 774.6% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,207 shares of the company’s stock worth $41,000 after buying an additional 1,069 shares in the last quarter. Osaic Holdings Inc. grew its holdings in Warner Music Group by 480.9% during the second quarter. Osaic Holdings Inc. now owns 1,493 shares of the company’s stock worth $41,000 after buying an additional 1,236 shares in the last quarter. Parallel Advisors LLC raised its position in Warner Music Group by 355.7% in the 4th quarter. Parallel Advisors LLC now owns 1,531 shares of the company’s stock valued at $47,000 after buying an additional 1,195 shares during the last quarter. Finally, Quadrant Capital Group LLC lifted its stake in Warner Music Group by 740.0% during the 4th quarter. Quadrant Capital Group LLC now owns 1,890 shares of the company’s stock valued at $58,000 after acquiring an additional 1,665 shares in the last quarter. 96.88% of the stock is owned by hedge funds and other institutional investors.

Warner Music Group Stock Down 0.2%

WMG stock opened at $26.39 on Friday. The stock has a market cap of $13.77 billion, a P/E ratio of 20.94, a P/E/G ratio of 0.41 and a beta of 1.30. The company has a current ratio of 0.73, a quick ratio of 0.71 and a debt-to-equity ratio of 4.94. The stock’s fifty day simple moving average is $28.03 and its two-hundred day simple moving average is $28.70. Warner Music Group Corp. has a 1-year low of $23.34 and a 1-year high of $35.42.

Warner Music Group (NASDAQ:WMG) last announced its earnings results on Wednesday, August 5th. The company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.17. The firm had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.81 billion. Warner Music Group had a return on equity of 92.97% and a net margin of 9.20%.The business’s revenue was up 10.4% compared to the same quarter last year. During the same period last year, the firm posted ($0.03) EPS. Analysts expect that Warner Music Group Corp. will post 1.59 EPS for the current year.

Warner Music Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Thursday, August 20th will be given a dividend of $0.20 per share. The ex-dividend date is Thursday, August 20th. This is an increase from Warner Music Group’s previous quarterly dividend of $0.19. This represents a $0.80 annualized dividend and a yield of 3.0%. Warner Music Group’s dividend payout ratio (DPR) is currently 89.41%.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. UBS Group lifted their price objective on shares of Warner Music Group from $40.00 to $42.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Morgan Stanley reissued an “overweight” rating and set a $36.00 price target on shares of Warner Music Group in a research report on Thursday. Evercore restated an “outperform” rating and set a $43.00 price target on shares of Warner Music Group in a report on Friday, May 8th. Wall Street Zen downgraded shares of Warner Music Group from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Warner Music Group from $40.00 to $43.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Thirteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $38.21.

More Warner Music Group News

Here are the key news stories impacting Warner Music Group this week:

• Positive Sentiment: Warner Music reported fiscal Q3 revenue of approximately $1.86 billion, ahead of consensus expectations and up roughly 9%–10% year over year. Subscription streaming revenue increased 11%, supporting the company’s core recurring-revenue model. WMG calendar Q2: Total revenue up 9.3% YoY to $1.86B; subscription streaming revenues rose 11% YoY
• Positive Sentiment: Adjusted earnings were $0.51 per share, well above the $0.34 analyst consensus and sharply better than the year-earlier loss of $0.03 per share. The earnings beat and double-digit revenue growth reinforce the investment case for Warner Music as a long-term music-streaming compounder. Warner Music Group Corp. Reports Results for Fiscal Third Quarter Ended June 30, 2026
• Positive Sentiment: Guggenheim maintained its Buy rating, while bullish commentary highlighted WMG’s improved valuation following the recent share-price weakness. The company also raised its quarterly dividend 5.3% to $0.20 per share, signaling confidence in cash generation and shareholder returns. Guggenheim Keeps Their Buy Rating on Warner Music Group
• Neutral Sentiment: Management is targeting operating cash-flow conversion of 50%–60%. That goal provides a framework for evaluating future results, but suggests investors will closely monitor the timing of cash generation and profitability improvements. Warner Music targets 50% to 60% operating cash flow conversion as Apple deal extends PSM increases into Q4
• Negative Sentiment: The market’s caution reflects a key streaming test ahead, including whether subscription growth can remain strong and offset pressure from licensing economics. An Apple agreement extends price-supporting measures into the fourth quarter, potentially delaying clearer evidence of organic pricing power. Warner Music Group Faces a Key Streaming Test

Warner Music Group Profile

Warner Music Group is a major global music company that operates across recorded music and music publishing. Its recorded-music business comprises a portfolio of well-known labels—including Atlantic, Warner Records and Parlophone—as well as distribution and artist-services operations that support both established and emerging artists. The company’s publishing arm, Warner Chappell Music, manages songwriting catalogs and administers rights for compositions across multiple media, providing licensing for film, television, advertising and other commercial uses.

WMG’s activities span the full music value chain: signing and developing artists, producing and marketing recordings, distributing music through physical channels and streaming platforms, and monetizing rights through licensing, synchronization and neighboring-rights collection.