Pinpoint Asset Management Singapore Pte. Ltd. Takes Position in Wynn Resorts, Limited $WYNN

Pinpoint Asset Management Singapore Pte. Ltd. bought a new position in Wynn Resorts, Limited (NASDAQ:WYNN) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor bought 6,151 shares of the casino operator’s stock, valued at approximately $789,000.

Other large investors also recently bought and sold shares of the company. Root Financial Partners LLC bought a new position in shares of Wynn Resorts during the third quarter valued at approximately $26,000. Steigerwald Gordon & Koch Inc. bought a new stake in shares of Wynn Resorts in the 3rd quarter worth approximately $31,000. Atlantic Edge Private Wealth Management LLC grew its stake in shares of Wynn Resorts by 400.0% in the 3rd quarter. Atlantic Edge Private Wealth Management LLC now owns 250 shares of the casino operator’s stock worth $32,000 after buying an additional 200 shares during the last quarter. MUFG Securities EMEA plc purchased a new stake in shares of Wynn Resorts in the 2nd quarter worth approximately $25,000. Finally, Manchester Capital Management LLC increased its position in Wynn Resorts by 1,500.0% during the 2nd quarter. Manchester Capital Management LLC now owns 320 shares of the casino operator’s stock valued at $30,000 after buying an additional 300 shares in the last quarter. 88.64% of the stock is owned by hedge funds and other institutional investors.

Key Wynn Resorts News

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

Analyst Ratings Changes

WYNN has been the topic of several analyst reports. JPMorgan Chase & Co. boosted their target price on Wynn Resorts from $138.00 to $145.00 and gave the stock an “overweight” rating in a report on Monday, December 8th. Mizuho raised their price target on Wynn Resorts from $131.00 to $134.00 and gave the company an “outperform” rating in a report on Tuesday, February 17th. Morgan Stanley lowered their price target on Wynn Resorts from $139.00 to $136.00 and set an “overweight” rating for the company in a research report on Wednesday, February 25th. Stifel Nicolaus dropped their price target on shares of Wynn Resorts from $160.00 to $150.00 and set a “buy” rating on the stock in a research note on Friday, February 13th. Finally, Jefferies Financial Group increased their price objective on shares of Wynn Resorts from $146.00 to $155.00 and gave the company a “buy” rating in a research report on Monday, December 8th. One research 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 stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $138.87.

Wynn Resorts Trading Down 3.6%

Wynn Resorts stock opened at $101.61 on Monday. Wynn Resorts, Limited has a 12 month low of $65.25 and a 12 month high of $134.72. The stock has a fifty day simple moving average of $113.46 and a two-hundred day simple moving average of $120.22. The firm has a market cap of $10.60 billion, a price-to-earnings ratio of 33.87, a PEG ratio of 12.12 and a beta of 1.01.

Wynn Resorts (NASDAQ:WYNN) last announced its quarterly earnings results on Thursday, February 12th. The casino operator reported $1.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.33 by ($0.16). Wynn Resorts had a net margin of 4.59% and a negative return on equity of 39.05%. The business had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.85 billion. During the same period in the previous year, the company earned $2.42 earnings per share. The company’s revenue for the quarter was up 1.5% compared to the same quarter last year. On average, equities research analysts forecast that Wynn Resorts, Limited will post 5.17 EPS for the current fiscal year.

Wynn Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, February 23rd were given a $0.25 dividend. The ex-dividend date of this dividend was Monday, February 23rd. This represents a $1.00 dividend on an annualized basis and a yield of 1.0%. Wynn Resorts’s payout ratio is 33.33%.

Wynn Resorts Profile

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.