Systematic Financial Management LP Trims Stake in The Madison Square Garden Company $MSGS

Posted by on Jul 24th, 2026

Systematic Financial Management LP cut its position in shares of The Madison Square Garden Company (NYSE:MSGS – Free Report) by 1.3% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 154,501 shares of the company’s stock after selling 1,988 shares during the period. Madison Square Garden comprises 1.1% of Systematic Financial Management LP’s portfolio, making the stock its 17th biggest position. Systematic Financial Management LP’s holdings in Madison Square Garden were worth $49,657,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in MSGS. Gabelli Funds LLC increased its holdings in Madison Square Garden by 0.9% during the 4th quarter. Gabelli Funds LLC now owns 394,292 shares of the company’s stock worth $101,984,000 after purchasing an additional 3,607 shares in the last quarter. M&T Bank Corp raised its stake in shares of Madison Square Garden by 1,394.6% in the fourth quarter. M&T Bank Corp now owns 16,396 shares of the company’s stock worth $4,241,000 after purchasing an additional 15,299 shares during the last quarter. Assetmark Inc. lifted its holdings in shares of Madison Square Garden by 38.7% in the fourth quarter. Assetmark Inc. now owns 11,794 shares of the company’s stock valued at $3,051,000 after purchasing an additional 3,288 shares in the last quarter. Gamco Investors INC. ET AL lifted its holdings in shares of Madison Square Garden by 1.1% in the fourth quarter. Gamco Investors INC. ET AL now owns 613,391 shares of the company’s stock valued at $158,654,000 after purchasing an additional 6,873 shares in the last quarter. Finally, Harbor Capital Advisors Inc. boosted its position in shares of Madison Square Garden by 46.0% during the fourth quarter. Harbor Capital Advisors Inc. now owns 19,162 shares of the company’s stock valued at $4,956,000 after buying an additional 6,041 shares during the last quarter. 68.94% of the stock is currently owned by hedge funds and other institutional investors.

Madison Square Garden Trading Down 0.5%

MSGS opened at $395.25 on Friday. The company has a market cap of $9.52 billion, a PE ratio of -424.99 and a beta of 0.61. The Madison Square Garden Company has a 12 month low of $188.60 and a 12 month high of $411.73. The company has a 50 day moving average of $379.64 and a 200 day moving average of $334.31.

Madison Square Garden (NYSE:MSGS – Get Free Report) last released its quarterly earnings data on Friday, May 8th. The company reported ($0.83) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.56 by ($1.39). The company had revenue of $432.20 million during the quarter, compared to the consensus estimate of $429.66 million. The business’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.59) EPS. Research analysts forecast that The Madison Square Garden Company will post -0.18 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on MSGS. Guggenheim upped their price target on Madison Square Garden from $470.00 to $522.00 and gave the stock a “buy” rating in a report on Thursday. Seaport Research Partners lifted their price objective on shares of Madison Square Garden from $430.00 to $435.00 and gave the stock a “buy” rating in a report on Wednesday, May 27th. Citigroup increased their target price on shares of Madison Square Garden from $355.00 to $360.00 and gave the company a “neutral” rating in a report on Wednesday, May 13th. Zacks Research cut shares of Madison Square Garden from a “hold” rating to a “strong sell” rating in a report on Thursday, July 16th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Madison Square Garden from $400.00 to $450.00 and gave the stock an “overweight” rating in a research report on Tuesday. Four equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $442.40.

Get Our Latest Report on Madison Square Garden

Madison Square Garden Company Profile

(Free Report)

Madison Square Garden Sports Corp (NYSE: MSGS) is a leading sports and entertainment holding company focused on professional sports franchises and related media assets. The company owns and operates teams such as the NBA’s New York Knicks, the NHL’s New York Rangers and the WNBA’s New York Liberty. Through these flagship franchises, MSG Sports offers a range of products and services including ticketing, premium seating and sponsorship opportunities, targeting fans in the New York metropolitan area and beyond.

In addition to team operations, Madison Square Garden Sports Corp holds a majority stake in MSG Networks, a regional cable network that broadcasts live sporting events, news and original programming.

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Institutional Ownership by Quarter for Madison Square Garden (NYSE:MSGS)

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