Thrivent Financial for Lutherans Decreases Holdings in Wynn Resorts, Limited $WYNN

Posted by Brian Himes on May 15th, 2026

Thrivent Financial for Lutherans trimmed its holdings in shares of Wynn Resorts, Limited (NASDAQ:WYNN – Free Report) by 10.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 802,435 shares of the casino operator’s stock after selling 89,226 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Wynn Resorts were worth $96,557,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in WYNN. MUFG Securities EMEA plc purchased a new stake in shares of Wynn Resorts during the 2nd quarter valued at about $25,000. Root Financial Partners LLC purchased a new stake in shares of Wynn Resorts during the 3rd quarter valued at about $26,000. Cromwell Holdings LLC raised its position in shares of Wynn Resorts by 68.2% during the 4th quarter. Cromwell Holdings LLC now owns 254 shares of the casino operator’s stock valued at $31,000 after buying an additional 103 shares in the last quarter. Geneos Wealth Management Inc. raised its position in shares of Wynn Resorts by 69.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 382 shares of the casino operator’s stock valued at $32,000 after buying an additional 156 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new position in Wynn Resorts during the 4th quarter valued at about $34,000. 88.64% of the stock is currently owned by hedge funds and other institutional investors.

Wynn Resorts Price Performance

Shares of WYNN stock opened at $95.43 on Friday. The company has a market capitalization of $9.90 billion, a P/E ratio of 28.49, a P/E/G ratio of 0.85 and a beta of 1.01. The company’s 50-day simple moving average is $102.94 and its two-hundred day simple moving average is $113.52. Wynn Resorts, Limited has a one year low of $82.63 and a one year high of $134.72.

Wynn Resorts (NASDAQ:WYNN – Get Free Report) last issued its earnings results on Thursday, May 7th. The casino operator reported $1.25 EPS for the quarter, topping analysts’ consensus estimates of $1.18 by $0.07. The business had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.82 billion. Wynn Resorts had a net margin of 5.14% and a negative return on equity of 42.03%. The company’s revenue for the quarter was up 9.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.07 EPS. On average, research analysts expect that Wynn Resorts, Limited will post 4.84 EPS for the current fiscal year.

Wynn Resorts Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Monday, May 18th 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 is Monday, May 18th. Wynn Resorts’s dividend payout ratio is currently 29.85%.

Analysts Set New Price Targets

WYNN has been the topic of several analyst reports. Susquehanna cut their price target on shares of Wynn Resorts from $133.00 to $127.00 and set a “positive” rating on the stock in a report on Thursday, April 16th. Stifel Nicolaus cut their price target on shares of Wynn Resorts from $160.00 to $150.00 and set a “buy” rating on the stock in a report on Friday, February 13th. Morgan Stanley cut their price target on shares of Wynn Resorts from $136.00 to $133.00 and set an “overweight” rating on the stock in a report on Thursday. Bank of America cut their price target on shares of Wynn Resorts from $150.00 to $140.00 and set a “buy” rating on the stock in a report on Monday. Finally, Jefferies Financial Group cut their price target on shares of Wynn Resorts from $161.00 to $150.00 and set a “buy” rating on the stock in a report on Monday, April 6th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $140.00.

Check Out Our Latest Stock Analysis on Wynn Resorts

About Wynn Resorts

(Free Report)

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.