Barrow Hanley Mewhinney & Strauss LLC filed a Schedule 13G with the SEC on November 12, 2026, disclosing beneficial ownership of 6,337,899 shares of Warner Music Group Corp. common stock, representing 4.29% of the class, as of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: Barrow Hanley Mewhinney & Strauss LLC reported beneficial ownership of 6,337,899 shares of Warner Music Group Corp. common stock.
  • Percent of class: The reported holdings represent 4.29% of the outstanding class of common stock, as stated in the filing.
  • Sole voting power: The firm reported sole power to vote or direct the vote of 6,236,303 shares.
  • Shared voting power: The firm reported shared power to vote or direct the vote of 101,596 shares.
  • Sole dispositive power: The filing states sole power to dispose or direct the disposition of all 6,337,899 shares, with no shared dispositive power reported.
  • Triggering event date: The date of event requiring this filing was September 30, 2026, according to the document.
  • Filer classification: The reporting person is classified as an investment adviser (Type: IA), organized as a Delaware LLC.

Barrow Hanley's Schedule 13G Filing on Warner Music Group Common Stock

According to the Schedule 13G filed November 12, 2026, Barrow Hanley Mewhinney & Strauss LLC - also identified in the filing as Barrow Hanley Global Investors, with its principal business office at 2200 Ross Avenue, 31st Floor, Dallas, TX 75201 - disclosed a beneficial ownership position in Warner Music Group Corp. (NASDAQ:WMG) common stock (CUSIP 934550203). The filing states the aggregate amount beneficially owned is 6,337,899 shares, equating to 4.29% of the class. Item 5 of the filing designates this as "Ownership of 5 percent or less of a class."

The firm reported sole voting power over 6,236,303 shares and shared voting power over 101,596 shares, for a combined voting total equal to the full aggregate position. Sole dispositive power is reported over all 6,337,899 shares, and shared dispositive power is listed as 0. The filing was signed by Hannah Ackels, identified as CCO of Barrow Hanley Mewhinney & Strauss LLC, on November 12, 2026.

The filing's certification states that, to the best of the signer's knowledge and belief, "the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer." Items 6, 7, 8, and 9 of the Schedule 13G are each noted as "Not Applicable," indicating no group membership, no subsidiary acquisition mechanism, and no dissolution of a group to report. Warner Music Group Corp.'s principal executive offices are listed as 1633 Broadway, New York, New York, 10019.

What Was Disclosed

Barrow Hanley Mewhinney & Strauss LLC filed a Schedule 13G disclosing beneficial ownership of 6,337,899 shares, or 4.29%, of Warner Music Group Corp. common stock, as of September 30, 2026, with no shared dispositive power and no intent to influence issuer control.