Chescapmanager LLC Boosts Stock Position in Six Flags Entertainment Corporation $FUN

Chescapmanager LLC boosted its stake in shares of Six Flags Entertainment Corporation (NYSE:FUN) by 23.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 788,776 shares of the company’s stock after buying an additional 151,416 shares during the period. Six Flags Entertainment makes up about 1.7% of Chescapmanager LLC’s investment portfolio, making the stock its 16th largest holding. Chescapmanager LLC’s holdings in Six Flags Entertainment were worth $17,921,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in Six Flags Entertainment by 0.5% in the third quarter. Vanguard Group Inc. now owns 10,067,759 shares of the company’s stock worth $228,739,000 after acquiring an additional 53,111 shares in the last quarter. Darlington Partners Capital Management LP increased its holdings in shares of Six Flags Entertainment by 20.2% during the second quarter. Darlington Partners Capital Management LP now owns 8,700,000 shares of the company’s stock valued at $264,741,000 after acquiring an additional 1,460,000 shares in the last quarter. Dendur Capital LP raised its position in shares of Six Flags Entertainment by 41.1% in the 2nd quarter. Dendur Capital LP now owns 4,433,500 shares of the company’s stock worth $134,911,000 after purchasing an additional 1,292,500 shares during the last quarter. Rush Island Management LP purchased a new position in shares of Six Flags Entertainment in the 2nd quarter worth about $115,454,000. Finally, State Street Corp boosted its stake in Six Flags Entertainment by 0.8% in the 2nd quarter. State Street Corp now owns 3,465,487 shares of the company’s stock worth $105,455,000 after purchasing an additional 27,848 shares in the last quarter. Hedge funds and other institutional investors own 64.65% of the company’s stock.

Six Flags Entertainment Price Performance

NYSE FUN opened at $16.00 on Friday. Six Flags Entertainment Corporation has a one year low of $12.51 and a one year high of $39.21. The stock has a 50-day moving average of $16.82 and a 200 day moving average of $18.41. The company has a debt-to-equity ratio of 9.40, a quick ratio of 0.59 and a current ratio of 0.69. The company has a market capitalization of $1.62 billion, a price-to-earnings ratio of -1.01 and a beta of 0.36.

Six Flags Entertainment (NYSE:FUN) last posted its earnings results on Thursday, February 19th. The company reported ($0.91) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.31) by ($0.60). The company had revenue of $650.09 million for the quarter, compared to the consensus estimate of $602.68 million. Six Flags Entertainment had a negative net margin of 51.58% and a positive return on equity of 3.77%. The business’s quarterly revenue was down 5.4% on a year-over-year basis. On average, sell-side analysts forecast that Six Flags Entertainment Corporation will post 0.83 EPS for the current year.

Six Flags Entertainment News Summary

Here are the key news stories impacting Six Flags Entertainment this week:

• Positive Sentiment: Official strategic partnership with Travis Kelce—company announced a multi-faceted brand ambassadorship expected to drive awareness, promotional activations and likely short-term attendance/merchandising boosts across major parks. Six Flags Announces Strategic Partnership With NFL Legend Travis Kelce
• Neutral Sentiment: Market and media check: analysts and outlets are re‑pricing FUN after the announcement and publishing valuation takes — these pieces frame the partnership as a potential catalyst but stop short of changing long-term fundamental forecasts. Six Flags Entertainment (FUN) Valuation Check After Travis Kelce Brand Partnership Announcement
• Neutral Sentiment: Widespread press coverage highlights Kelce’s role will span multiple parks (including Cedar Point, Darien Lake, Carowinds), amplifying national reach but leaving questions about measurable, sustained revenue impact. Travis Kelce named brand ambassador for Six Flags, including Darien Lake
• Negative Sentiment: Balance-sheet concerns remain prominent: analysis points to high leverage and reliance on asset sales/operational improvements — issues that could limit upside from marketing initiatives if cash flow and debt reduction aren’t visible. Six Flags: Starting Its Cedar-Fication, But Debt Knocks The Door
• Negative Sentiment: Recent fundamentals are still weak: Six Flags missed on the most recent quarter (EPS miss, shrinking revenue and a negative net margin), which keeps the company vulnerable if the partnership doesn’t translate quickly into higher attendance or pricing power.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on FUN shares. Citigroup lowered shares of Six Flags Entertainment from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $25.00 to $20.00 in a research note on Thursday, February 5th. Morgan Stanley set a $18.00 target price on shares of Six Flags Entertainment in a research note on Friday, February 20th. Jefferies Financial Group cut their price target on shares of Six Flags Entertainment from $20.00 to $17.00 and set a “hold” rating on the stock in a report on Tuesday, January 13th. Guggenheim reduced their price target on shares of Six Flags Entertainment from $35.00 to $31.00 and set a “buy” rating for the company in a research report on Tuesday, February 17th. Finally, Truist Financial set a $23.00 price objective on shares of Six Flags Entertainment and gave the stock a “buy” rating in a report on Tuesday, December 2nd. Seven investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Six Flags Entertainment presently has an average rating of “Hold” and a consensus price target of $24.62.

About Six Flags Entertainment

Six Flags Entertainment Corporation is a publicly traded regional theme park operator based in Arlington, Texas. The company develops, owns and operates amusement and water parks, offering a diverse portfolio of thrill rides, family attractions, live entertainment, food and beverage offerings, and retail merchandise. Its main revenue streams include single-day tickets, season passes, on-site accommodations, in-park retail sales, and food and beverage services.

Founded in 1961 by Angus G.