692,338 Shares in Wynn Resorts, Limited $WYNN Bought by Bamco Inc. NY

Posted by Brenda Bartman on Aug 27th, 2026

Bamco Inc. NY bought a new stake in Wynn Resorts, Limited (NASDAQ:WYNN – Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 692,338 shares of the casino operator’s stock, valued at approximately $67,219,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in WYNN. Bank of America Corp DE purchased a new stake in shares of Wynn Resorts during the second quarter worth about $74,504,000. Magnolia Capital Advisors LLC acquired a new position in shares of Wynn Resorts in the 2nd quarter valued at approximately $292,000. Man Group plc purchased a new position in shares of Wynn Resorts during the 2nd quarter valued at approximately $1,443,000. Biglari Sardar purchased a new position in shares of Wynn Resorts during the 2nd quarter valued at approximately $6,815,718,000. Finally, Biglari Capital CORP. acquired a new position in Wynn Resorts during the 2nd quarter worth $13,961,639,000. Hedge funds and other institutional investors own 88.64% of the company’s stock.

Wynn Resorts Trading Down 1.6%

Shares of Wynn Resorts stock opened at $97.17 on Thursday. The company has a market cap of $10.01 billion, a P/E ratio of 24.11, a P/E/G ratio of 0.87 and a beta of 1.01. The stock has a 50-day moving average price of $99.44 and a 200 day moving average price of $102.66. Wynn Resorts, Limited has a 1 year low of $92.52 and a 1 year high of $134.72.

Wynn Resorts (NASDAQ:WYNN – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The casino operator reported $1.24 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.25. Wynn Resorts had a net margin of 6.05% and a negative return on equity of 46.52%. The firm had revenue of $1.86 billion for the quarter, compared to analyst estimates of $1.83 billion. During the same quarter in the prior year, the business earned $1.09 EPS. The company’s revenue for the quarter was up 6.9% compared to the same quarter last year. On average, equities analysts forecast that Wynn Resorts, Limited will post 4.65 earnings per share for the current fiscal year.

Wynn Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend 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 presently 24.81%.

Wynn Resorts News Summary

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 Analysts Forecast Growth

A number of equities analysts have commented on the stock. Zacks Research raised shares of Wynn Resorts from a “strong sell” rating to a “hold” rating in a report on Monday, August 10th. Citigroup restated a “buy” rating on shares of Wynn Resorts in a research report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $137.00 price target on shares of Wynn Resorts in a research report on Friday, May 8th. Mizuho cut their target price on Wynn Resorts from $133.00 to $125.00 and set an “outperform” rating for the company in a research report on Tuesday, July 28th. Finally, Truist Financial started coverage on Wynn Resorts in a research note on Wednesday, July 8th. They set a “buy” rating and a $125.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Wynn Resorts presently has an average rating of “Moderate Buy” and an average price target of $134.19.

View Our Latest Stock Analysis 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.