Norges Bank Makes New Investment in Wynn Resorts, Limited $WYNN

Posted by George Bondi on Jun 5th, 2026

Norges Bank acquired a new stake in shares of Wynn Resorts, Limited (NASDAQ:WYNN – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,019,660 shares of the casino operator’s stock, valued at approximately $122,696,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. MUFG Securities EMEA plc acquired a new stake in shares of Wynn Resorts in the 2nd quarter valued at about $25,000. Hantz Financial Services Inc. raised its stake in Wynn Resorts by 54.9% during the 4th quarter. Hantz Financial Services Inc. now owns 251 shares of the casino operator’s stock worth $30,000 after buying an additional 89 shares during the period. Cromwell Holdings LLC raised its stake in Wynn Resorts by 68.2% during the 4th quarter. Cromwell Holdings LLC now owns 254 shares of the casino operator’s stock worth $31,000 after buying an additional 103 shares during the period. Geneos Wealth Management Inc. boosted its holdings in Wynn Resorts by 69.0% in the first quarter. Geneos Wealth Management Inc. now owns 382 shares of the casino operator’s stock worth $32,000 after acquiring an additional 156 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in Wynn Resorts in the fourth quarter valued at approximately $34,000. Institutional investors own 88.64% of the company’s stock.

Wynn Resorts Trading Down 1.3%

Shares of Wynn Resorts stock opened at $103.60 on Friday. The company has a market capitalization of $10.75 billion, a P/E ratio of 30.93, a price-to-earnings-growth ratio of 0.98 and a beta of 0.98. The stock has a fifty day simple moving average of $102.38 and a 200 day simple moving average of $111.04. Wynn Resorts, Limited has a 12-month low of $82.63 and a 12-month high of $134.72.

Wynn Resorts (NASDAQ:WYNN – Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The casino operator reported $1.25 earnings per share for the quarter, beating the consensus estimate of $1.18 by $0.07. Wynn Resorts had a negative return on equity of 42.03% and a net margin of 5.14%.The business had revenue of $1.86 billion for the quarter, compared to analysts’ expectations of $1.82 billion. During the same period last year, the business earned $1.07 EPS. The business’s revenue was up 9.2% on a year-over-year basis. On average, analysts predict that Wynn Resorts, Limited will post 4.61 EPS for the current year.

Wynn Resorts Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Monday, May 18th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Monday, May 18th. Wynn Resorts’s dividend payout ratio (DPR) is presently 29.85%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Bank of America decreased their price objective on Wynn Resorts from $150.00 to $140.00 and set a “buy” rating for the company in a report on Monday, May 11th. Stifel Nicolaus reduced their price target on shares of Wynn Resorts from $160.00 to $150.00 and set a “buy” rating for the company in a research report on Friday, February 13th. Jefferies Financial Group decreased their price target on shares of Wynn Resorts from $161.00 to $150.00 and set a “buy” rating for the company in a research note on Monday, April 6th. Morgan Stanley lowered their price objective on shares of Wynn Resorts from $136.00 to $133.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. Finally, Citigroup dropped their price objective on shares of Wynn Resorts from $145.00 to $132.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. One investment 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 company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $140.00.

View Our Latest Stock Report on Wynn Resorts

Wynn Resorts Company Profile

(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.