Royal Bank of Canada Sells 121,622 Shares of Wynn Resorts, Limited $WYNN

Posted by on Aug 11th, 2026

Royal Bank of Canada cut its position in Wynn Resorts, Limited (NASDAQ:WYNN – Free Report) by 62.3% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 73,581 shares of the casino operator’s stock after selling 121,622 shares during the quarter. Royal Bank of Canada’s holdings in Wynn Resorts were worth $7,473,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in WYNN. MUFG Securities EMEA plc acquired a new stake in Wynn Resorts in the second quarter valued at approximately $25,000. Hantz Financial Services Inc. raised its position in shares of Wynn Resorts by 54.9% during the fourth quarter. Hantz Financial Services Inc. now owns 251 shares of the casino operator’s stock worth $30,000 after purchasing an additional 89 shares during the period. SHP Wealth Management bought a new position in shares of Wynn Resorts in the 4th quarter worth $32,000. Geneos Wealth Management Inc. lifted its holdings in shares of Wynn Resorts by 69.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 382 shares of the casino operator’s stock worth $32,000 after purchasing an additional 156 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in Wynn Resorts in the 4th quarter valued at $34,000. 88.64% of the stock is owned by institutional investors.

Wynn Resorts Price Performance

Shares of Wynn Resorts stock opened at $102.50 on Tuesday. The firm has a market cap of $10.64 billion, a PE ratio of 25.43, a P/E/G ratio of 1.00 and a beta of 1.01. Wynn Resorts, Limited has a 1 year low of $92.52 and a 1 year high of $134.72. The stock has a fifty day moving average price of $100.45 and a 200-day moving average price of $103.60.

Wynn Resorts (NASDAQ:WYNN – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The casino operator reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.99 by $0.25. The company had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.83 billion. Wynn Resorts had a net margin of 6.05% and a negative return on equity of 46.52%. The firm’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.09 EPS. As a group, equities analysts anticipate that Wynn Resorts, Limited will post 4.54 EPS for the current fiscal year.

Wynn Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Friday, August 14th. Wynn Resorts’s payout ratio is presently 24.81%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on WYNN shares. Barclays upped their price objective on shares of Wynn Resorts from $134.00 to $136.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. The Goldman Sachs Group set a $120.00 price objective on shares of Wynn Resorts in a report on Wednesday, July 15th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $137.00 target price on shares of Wynn Resorts in a research report on Friday, May 8th. Wells Fargo & Company dropped their price target on shares of Wynn Resorts from $141.00 to $131.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 5th. Finally, Argus lifted their price target on Wynn Resorts from $115.00 to $130.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $134.19.

View Our Latest Analysis on WYNN

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.

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Institutional Ownership by Quarter for Wynn Resorts (NASDAQ:WYNN)

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