Commerce Bank purchased a new position in shares of Wynn Resorts, Limited (NASDAQ:WYNN – Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 9,738 shares of the casino operator’s stock, valued at approximately $945,000.
Other institutional investors also recently bought and sold shares of the company. Capital World Investors increased its position in shares of Wynn Resorts by 0.6% in the fourth quarter. Capital World Investors now owns 9,542,392 shares of the casino operator’s stock valued at $1,148,236,000 after buying an additional 61,209 shares in the last quarter. BlackRock Inc. purchased a new position in shares of Wynn Resorts during the 2nd quarter valued at approximately $609,566,000. Barrow Hanley Mewhinney & Strauss LLC lifted its position in shares of Wynn Resorts by 9.5% during the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 3,680,631 shares of the casino operator’s stock valued at $442,890,000 after buying an additional 320,502 shares in the last quarter. Egerton Capital UK LLP acquired a new stake in Wynn Resorts in the 4th quarter valued at $249,053,000. Finally, Invesco Ltd. grew its stake in Wynn Resorts by 14.2% in the 4th quarter. Invesco Ltd. now owns 2,011,462 shares of the casino operator’s stock valued at $242,039,000 after acquiring an additional 249,704 shares during the period. 88.64% of the stock is owned by institutional investors and hedge funds.
Wynn Resorts Stock Down 1.6%
Shares of NASDAQ WYNN opened at $97.17 on Thursday. The firm has a 50-day simple moving average of $99.44 and a 200-day simple moving average of $102.66. The stock has a market capitalization of $10.01 billion, a price-to-earnings ratio of 24.11, a price-to-earnings-growth ratio of 0.87 and a beta of 1.01. Wynn Resorts, Limited has a 52 week low of $92.52 and a 52 week high of $134.72.
Wynn Resorts Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Friday, August 14th. Wynn Resorts’s dividend payout ratio (DPR) is 24.81%.
Wynn Resorts News Roundup
Here are the key news stories impacting Wynn Resorts this week:
- Positive Sentiment: Zacks raised several earnings estimates. The firm increased its FY2026 EPS forecast to $4.38 from $4.18, FY2027 EPS to $5.03 from $4.92, Q3 2026 EPS to $0.84 from $0.77, Q1 2027 EPS to $1.32 from $1.30, Q2 2027 EPS to $1.17 from $1.08, and Q1 2028 EPS to $1.42 from $1.41. The revisions suggest analysts see somewhat stronger profitability ahead, although Zacks retained its “Hold” rating. Zacks Research estimates
- Positive Sentiment: Wynn Al Marjan Island unveiled a new luxury accommodation concept. The United Arab Emirates resort introduced large “Townhomes,” including residences of up to 1,110 square meters. The offering could support premium room rates, broaden the resort’s appeal to affluent travelers and strengthen the long-term growth narrative for Wynn’s UAE development. Wynn Al Marjan reveals Townhomes accommodation concept
- Neutral Sentiment: Short-interest data provided no usable signal. The report listed short interest at zero shares and a zero-day days-to-cover ratio, but also showed an invalid “NaN” change, suggesting a data-quality issue rather than a meaningful shift in investor positioning.
- Negative Sentiment: One estimate was reduced. Zacks lowered its Q4 2026 EPS forecast to $1.05 from $1.09. While the broader estimate revisions were positive, the cut and the unchanged “Hold” rating may limit enthusiasm. Wynn also continues to trade below its 50-day and 200-day moving averages, indicating lingering technical weakness.
Wall Street Analyst Weigh In
A number of equities analysts have weighed in on WYNN shares. Zacks Research upgraded shares of Wynn Resorts from a “strong sell” rating to a “hold” rating in a research report on Monday, August 10th. Argus raised their price target on shares of Wynn Resorts from $115.00 to $130.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Bank of America decreased their price target on shares of Wynn Resorts from $150.00 to $140.00 and set a “buy” rating on the stock in a research note on Monday, May 11th. Barclays lifted their price objective on Wynn Resorts from $134.00 to $136.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. Finally, Stifel Nicolaus set a $143.00 target price on Wynn Resorts in a report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Wynn Resorts currently has an average rating of “Moderate Buy” and an average target price of $134.19.
View Our Latest Stock Analysis on WYNN
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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