Boyd Gaming Corporation $BYD Shares Bought by Arbejdsmarkedets Tillaegspension

Posted by Francis Steltz on Jul 14th, 2026

Arbejdsmarkedets Tillaegspension grew its stake in Boyd Gaming Corporation (NYSE:BYD – Free Report) by 3.6% during the 1st quarter, HoldingsChannel reports. The firm owned 299,948 shares of the company’s stock after buying an additional 10,476 shares during the quarter. Arbejdsmarkedets Tillaegspension’s holdings in Boyd Gaming were worth $24,650,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BYD. Northwestern Mutual Wealth Management Co. grew its holdings in Boyd Gaming by 1,466.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 32,965 shares of the company’s stock valued at $2,810,000 after purchasing an additional 30,860 shares during the period. Jefferies Financial Group Inc. acquired a new position in shares of Boyd Gaming during the 4th quarter worth approximately $15,551,000. Clark Capital Management Group Inc. purchased a new position in shares of Boyd Gaming during the 3rd quarter valued at approximately $50,295,000. Brevan Howard Capital Management LP lifted its position in shares of Boyd Gaming by 47.9% during the 3rd quarter. Brevan Howard Capital Management LP now owns 41,034 shares of the company’s stock valued at $3,547,000 after buying an additional 13,287 shares in the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Boyd Gaming in the 4th quarter valued at $1,922,000. Institutional investors and hedge funds own 76.81% of the company’s stock.

Boyd Gaming Trading Down 0.6%

Shares of BYD opened at $85.71 on Tuesday. The company has a current ratio of 0.60, a quick ratio of 0.58 and a debt-to-equity ratio of 0.90. The firm has a market capitalization of $6.37 billion, a P/E ratio of 3.76, a P/E/G ratio of 2.01 and a beta of 1.07. The firm has a 50-day moving average price of $84.96 and a 200 day moving average price of $84.75. Boyd Gaming Corporation has a 12-month low of $76.33 and a 12-month high of $91.00.

Boyd Gaming (NYSE:BYD – Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The company reported $1.60 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.76 by ($0.16). The firm had revenue of $997.36 million for the quarter, compared to analyst estimates of $1.04 billion. Boyd Gaming had a return on equity of 25.63% and a net margin of 44.84%.The firm’s quarterly revenue was up .6% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.62 EPS. Sell-side analysts forecast that Boyd Gaming Corporation will post 7.32 EPS for the current year.

Boyd Gaming announced that its Board of Directors has initiated a share repurchase plan on Thursday, April 23rd that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the company to buy up to 7.7% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

Boyd Gaming Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Monday, June 15th will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, June 15th. Boyd Gaming’s dividend payout ratio is 3.51%.

Insider Buying and Selling at Boyd Gaming

In other news, CEO Keith Smith sold 100,000 shares of the stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $85.90, for a total transaction of $8,590,000.00. Following the completion of the transaction, the chief executive officer directly owned 996,981 shares in the company, valued at approximately $85,640,667.90. This represents a 9.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Chairman Marianne Boyd Johnson sold 62,914 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $84.03, for a total value of $5,286,663.42. Following the sale, the chairman directly owned 1,609,808 shares of the company’s stock, valued at $135,272,166.24. The trade was a 3.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 200,000 shares of company stock worth $17,038,987. Corporate insiders own 22.82% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on BYD shares. Texas Capital raised shares of Boyd Gaming to a “strong-buy” rating in a research note on Wednesday, June 3rd. Mizuho decreased their price target on shares of Boyd Gaming from $99.00 to $96.00 and set an “outperform” rating on the stock in a research note on Friday, April 24th. Citigroup lifted their price objective on Boyd Gaming from $86.00 to $90.00 and gave the stock a “neutral” rating in a report on Thursday, April 16th. The Goldman Sachs Group started coverage on Boyd Gaming in a research note on Friday, June 26th. They set a “neutral” rating and a $91.00 price objective for the company. Finally, JPMorgan Chase & Co. increased their target price on Boyd Gaming from $89.00 to $90.00 and gave the company a “neutral” rating in a report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, Boyd Gaming currently has a consensus rating of “Hold” and a consensus price target of $93.15.

View Our Latest Stock Analysis on BYD

Boyd Gaming Profile

(Free Report)

Boyd Gaming Corporation (NYSE: BYD) is a diversified hospitality and gaming company headquartered in Las Vegas, Nevada. The company develops, owns and operates a portfolio of branded gaming and entertainment properties, including casinos, hotels, restaurants and meeting facilities. Boyd Gaming’s offerings range from slot machines and table games to live entertainment, dining concepts and convention space, designed to appeal to both regional and destination visitors.

Founded in 1975 by its namesake, William S.