Clearbridge Investments LLC Sells 108,328 Shares of Madison Square Garden Entertainment Corp. $MSGE

Posted by Stanley Muller on Jun 10th, 2026

Clearbridge Investments LLC reduced its position in Madison Square Garden Entertainment Corp. (NYSE:MSGE – Free Report) by 11.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 865,363 shares of the company’s stock after selling 108,328 shares during the quarter. Clearbridge Investments LLC’s holdings in Madison Square Garden Entertainment were worth $46,634,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. AXQ Capital LP bought a new position in Madison Square Garden Entertainment in the 4th quarter valued at about $406,000. Norges Bank bought a new position in Madison Square Garden Entertainment in the 4th quarter valued at about $5,233,000. Geode Capital Management LLC increased its holdings in Madison Square Garden Entertainment by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 979,614 shares of the company’s stock valued at $52,800,000 after buying an additional 4,051 shares during the period. Jackson Creek Investment Advisors LLC bought a new position in Madison Square Garden Entertainment in the 4th quarter valued at about $482,000. Finally, Bleakley Financial Group LLC increased its holdings in Madison Square Garden Entertainment by 28.2% in the 4th quarter. Bleakley Financial Group LLC now owns 31,327 shares of the company’s stock valued at $1,688,000 after buying an additional 6,891 shares during the period. 96.86% of the stock is owned by institutional investors.

Analysts Set New Price Targets

MSGE has been the topic of several research reports. Wall Street Zen lowered shares of Madison Square Garden Entertainment from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings downgraded shares of Madison Square Garden Entertainment from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 4th. Susquehanna lifted their target price on shares of Madison Square Garden Entertainment from $77.00 to $80.00 and gave the stock a “positive” rating in a research report on Thursday, May 28th. Guggenheim lifted their target price on shares of Madison Square Garden Entertainment from $74.00 to $76.00 and gave the stock a “buy” rating in a research report on Thursday, April 16th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Madison Square Garden Entertainment from $63.00 to $67.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $67.50.

View Our Latest Stock Analysis on Madison Square Garden Entertainment

Madison Square Garden Entertainment Stock Up 0.4%

NYSE:MSGE opened at $72.52 on Wednesday. The firm’s 50 day simple moving average is $65.47 and its 200 day simple moving average is $59.81. The company has a debt-to-equity ratio of 11.40, a current ratio of 0.72 and a quick ratio of 0.72. Madison Square Garden Entertainment Corp. has a one year low of $35.31 and a one year high of $73.74. The company has a market cap of $2.93 billion, a PE ratio of 71.10 and a beta of 0.61.

Madison Square Garden Entertainment (NYSE:MSGE – Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.03). The business had revenue of $246.26 million for the quarter, compared to analyst estimates of $242.99 million. Madison Square Garden Entertainment had a return on equity of 4,795.27% and a net margin of 4.81%.The firm’s quarterly revenue was up 1.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.17 earnings per share. On average, research analysts anticipate that Madison Square Garden Entertainment Corp. will post 1.28 earnings per share for the current year.

Madison Square Garden Entertainment Company Profile

(Free Report)

Madison Square Garden Entertainment Corp. (NYSE: MSGE) is a premier live entertainment company focused on producing and hosting a wide range of events across North America. Established as a separate publicly traded entity in April 2020 through a spin-off from Madison Square Garden Company, MSGE owns and operates iconic venues such as Madison Square Garden in New York City, Radio City Music Hall, The Chicago Theatre and Sphere in Las Vegas. These facilities serve as flagship stages for concerts, sports events, family shows and cultural performances.

The company’s core business activities center on venue management, event promotion and production services.