15,305 Las Vegas Sands Corp. $LVS Shares Acquired by Pinnacle Associates Ltd.

Pinnacle Associates Ltd. increased its stake in shares of Las Vegas Sands Corp. (NYSE:LVS) by 5.7% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 283,492 shares of the casino operator’s stock after purchasing an additional 15,305 shares during the period. Pinnacle Associates Ltd.’s holdings in Las Vegas Sands were worth $10,719,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. CWA Asset Management Group LLC grew its stake in Las Vegas Sands by 11.5% during the 3rd quarter. CWA Asset Management Group LLC now owns 98,918 shares of the casino operator’s stock worth $3,740,000 after purchasing an additional 10,188 shares in the last quarter. Burns Matteson Capital Management LLC acquired a new stake in Las Vegas Sands during the 3rd quarter worth $489,000. Howard Capital Management LLC purchased a new position in shares of Las Vegas Sands during the third quarter worth about $5,391,000. V Square Quantitative Management LLC increased its position in shares of Las Vegas Sands by 52.0% during the third quarter. V Square Quantitative Management LLC now owns 9,133 shares of the casino operator’s stock worth $345,000 after purchasing an additional 3,123 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH increased its position in shares of Las Vegas Sands by 0.8% during the third quarter. Fort Washington Investment Advisors Inc. OH now owns 1,774,781 shares of the casino operator’s stock worth $67,104,000 after purchasing an additional 13,580 shares in the last quarter. Institutional investors and hedge funds own 39.16% of the company’s stock.

Las Vegas Sands News Summary

Here are the key news stories impacting Las Vegas Sands this week:

• Positive Sentiment: Las Vegas Sands repurchased $950 million of its common stock during the quarter and announced a 20% increase in its recurring dividend for 2027, raising the annual payout to $1.44 per share. These actions may support the stock by returning capital to shareholders. Las Vegas Sands Reports Third Quarter 2026 Results
• Positive Sentiment: The company’s ownership of Sands China has climbed above 75.5%, reinforcing its control of the Macau business and signaling a continued commitment to investing in the region. This could benefit long-term growth if Macau visitation and gaming demand improve. Las Vegas Sands doubling down on Macau investment strategy
• Neutral Sentiment: Las Vegas Sands reported $3.22 billion in third-quarter revenue, $352 million in net income and $1.12 billion in consolidated adjusted property EBITDA. Management said it continued executing its strategic objectives in both Singapore and Macau, but the results showed mixed operating momentum. Las Vegas Sands Third Quarter 2026 Presentation
• Negative Sentiment: Adjusted earnings of $0.54 per share missed the $0.68 consensus estimate, while revenue of $3.22 billion fell short of the $3.33 billion forecast. Revenue declined 3.5% year over year, and earnings fell from $0.78 per share in the prior-year quarter. Las Vegas Sands Q3 Earnings and Revenues Miss Estimates
• Negative Sentiment: Soft revenue trends in Macau and Singapore, along with weaker-than-expected destination gaming performance, raised concerns about the company’s near-term earnings outlook. October Macau gaming trends were also reportedly tracking below expectations. Las Vegas Sands falls after soft revenue trends
• Negative Sentiment: JPMorgan lowered its price target from $60 to $54 while maintaining an overweight rating, and Morgan Stanley also reduced its expectations. The cuts reflect increased caution around Macau performance and add pressure to investor sentiment. JPMorgan adjusts price target on Las Vegas Sands

Las Vegas Sands Trading Down 1.8%

NYSE LVS opened at $37.47 on Thursday. The firm’s fifty day moving average is $41.24 and its two-hundred day moving average is $46.86. Las Vegas Sands Corp. has a one year low of $35.28 and a one year high of $70.45. The company has a debt-to-equity ratio of 15.27, a quick ratio of 0.99 and a current ratio of 1.00. The firm has a market cap of $24.27 billion, a PE ratio of 12.19, a P/E/G ratio of 0.99 and a beta of 0.78.

Las Vegas Sands (NYSE:LVS) last announced its earnings results on Wednesday, October 21st. The casino operator reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.68 by ($0.14). Las Vegas Sands had a return on equity of 133.90% and a net margin of 12.59%. The business had revenue of $3.22 billion for the quarter, compared to analyst estimates of $3.33 billion. During the same quarter last year, the company posted $0.78 EPS. Las Vegas Sands’s quarterly revenue was down 3.5% on a year-over-year basis. Analysts expect that Las Vegas Sands Corp. will post 3.01 earnings per share for the current year.

Las Vegas Sands Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Monday, November 2nd will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 3.2%. The ex-dividend date is Monday, November 2nd. Las Vegas Sands’s payout ratio is 46.69%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on LVS shares. Zacks Research raised Las Vegas Sands from a “strong sell” rating to a “hold” rating in a report on Monday, October 5th. HC Wainwright downgraded Las Vegas Sands to a “neutral” rating in a research note on Thursday, July 30th. The Goldman Sachs Group cut their price target on Las Vegas Sands from $55.00 to $47.00 and set a “buy” rating on the stock in a research report on Tuesday, October 13th. Argus lowered Las Vegas Sands from a “buy” rating to a “hold” rating in a research report on Thursday, July 30th. Finally, Stifel Nicolaus reduced their price objective on Las Vegas Sands from $60.00 to $54.00 and set a “buy” rating for the company in a research note on Tuesday. Eleven investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Las Vegas Sands has an average rating of “Moderate Buy” and a consensus target price of $57.69.

Las Vegas Sands Company Profile

Las Vegas Sands Corp. (NYSE: LVS) is a global developer and operator of integrated resorts, combining hotel accommodations, casinos, convention and exhibition facilities, restaurants, retail outlets, entertainment venues and other leisure amenities. The company serves both mass-market and premium customers through large-scale properties designed to support tourism and business travel.

Las Vegas Sands’ principal operations are in Macau and Singapore. Its Macau portfolio includes properties such as The Venetian Macao, The Londoner Macao, The Parisian Macao, Sands Macao and The Plaza Macao.