Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in shares of Wynn Resorts, Limited (NASDAQ:WYNN – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,151 shares of the casino operator’s stock, valued at approximately $789,000.
Several other hedge funds also recently made changes to their positions in WYNN. MUFG Securities EMEA plc bought a new stake in Wynn Resorts during the 2nd quarter valued at $25,000. Root Financial Partners LLC bought a new stake in Wynn Resorts in the 3rd quarter worth $26,000. Manchester Capital Management LLC increased its position in shares of Wynn Resorts by 1,500.0% in the second quarter. Manchester Capital Management LLC now owns 320 shares of the casino operator’s stock valued at $30,000 after acquiring an additional 300 shares during the period. MTM Investment Management LLC bought a new position in shares of Wynn Resorts during the second quarter valued at about $31,000. Finally, Steigerwald Gordon & Koch Inc. bought a new position in shares of Wynn Resorts during the third quarter valued at about $31,000. 88.64% of the stock is owned by hedge funds and other institutional investors.
Wynn Resorts Price Performance
WYNN stock opened at $101.61 on Monday. Wynn Resorts, Limited has a 1 year low of $65.25 and a 1 year high of $134.72. The firm has a 50-day moving average of $113.46 and a 200 day moving average of $120.22. The company has a market cap of $10.60 billion, a P/E ratio of 33.87, a PEG ratio of 12.12 and a beta of 1.01.
Wynn Resorts Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, February 23rd were given a dividend of $0.25 per share. The ex-dividend date was Monday, February 23rd. This represents a $1.00 annualized dividend and a dividend yield of 1.0%. Wynn Resorts’s payout ratio is currently 33.33%.
Wall Street Analyst Weigh In
WYNN has been the topic of several recent analyst reports. Susquehanna reissued a “positive” rating and issued a $133.00 target price on shares of Wynn Resorts in a research note on Thursday, February 12th. The Goldman Sachs Group reiterated a “buy” rating and issued a $148.00 price objective on shares of Wynn Resorts in a report on Monday, December 15th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Wynn Resorts in a research report on Monday, December 29th. Texas Capital raised Wynn Resorts to a “strong-buy” rating in a research note on Thursday, January 8th. Finally, Stifel Nicolaus dropped their price target on Wynn Resorts from $160.00 to $150.00 and set a “buy” rating for the company in a research note on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $138.87.
Check Out Our Latest Stock Report on Wynn Resorts
Key Headlines Impacting Wynn Resorts
Here are the key news stories impacting Wynn Resorts this week:
- Positive Sentiment: Zacks increased WYNN’s FY2027 and FY2028 outlook and raised several 2027 quarterly estimates (Q2–Q4 2027 and Q3 2027). These upgrades imply stronger medium‑term earnings potential, which is supportive for valuation if realized. Zacks / MarketBeat note
- Neutral Sentiment: Yahoo Finance ran a roundup noting Wall Street favoritism toward a small set of stocks — useful context on analyst optimism but warns of rating bias; this is background for sentiment rather than a direct WYNN catalyst. 2 of Wall Street’s Favorite Stocks to Consider Right Now and 1 Facing Challenges
- Neutral Sentiment: Coverage comparing WYNN to other gaming names (Bragg Gaming) and a Globe & Mail piece showing mixed analyst views highlight divergence in opinions across the industry — increases volatility risk but not an immediate directional driver. Comparing Bragg Gaming Group and Wynn Resorts Analysts’ Opinions Are Mixed
- Neutral Sentiment: Operational/HR item: Wynn offered remote-work options to UAE staff in a conflict zone — positive for employee safety and PR but unlikely to move near-term earnings. Wynn UAE remote work Wynn remote work coverage
- Negative Sentiment: Zacks cut several near‑term WYNN estimates (FY2026 and multiple 2026 quarters, plus downward tweaks to Q1 2027 and Q4 2026). Those downgrades reduce near‑term earnings visibility and help explain selling pressure despite the longer‑term raises; Zacks still carries a “Hold” rating. Zacks / MarketBeat note
About Wynn Resorts
Wynn Resorts, Limited (NASDAQ: WYNN) is a global developer and operator of luxury resorts and casinos, renowned for its premium hospitality offerings and integrated entertainment experiences. The company specializes in high-end hotel accommodations, gaming operations, fine dining restaurants, retail outlets, meeting and convention spaces, and live entertainment venues. Its properties are designed to cater to both leisure and business travelers seeking upscale environments and world-class service.
Founded in 2002 by hospitality entrepreneur Steve Wynn, the company opened its flagship property, Wynn Las Vegas, on the Las Vegas Strip in 2005, followed by Encore Las Vegas in 2008.
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