Egerton Capital UK LLP trimmed its holdings in Flutter Entertainment PLC (NYSE:FLUT – Free Report) by 2.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,412,018 shares of the company’s stock after selling 37,893 shares during the quarter. Flutter Entertainment makes up approximately 3.8% of Egerton Capital UK LLP’s holdings, making the stock its 13th biggest position. Egerton Capital UK LLP’s holdings in Flutter Entertainment were worth $358,653,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Aster Capital Management DIFC Ltd bought a new position in shares of Flutter Entertainment during the third quarter worth $837,000. Xponance Inc. lifted its stake in Flutter Entertainment by 4.1% in the 3rd quarter. Xponance Inc. now owns 32,974 shares of the company’s stock worth $8,375,000 after purchasing an additional 1,312 shares in the last quarter. DNB Asset Management AS boosted its holdings in shares of Flutter Entertainment by 852.4% during the 3rd quarter. DNB Asset Management AS now owns 306,300 shares of the company’s stock valued at $77,800,000 after purchasing an additional 274,138 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of Flutter Entertainment by 7.8% during the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 164,777 shares of the company’s stock valued at $41,853,000 after purchasing an additional 11,924 shares in the last quarter. Finally, US Bancorp DE increased its holdings in shares of Flutter Entertainment by 6.2% in the third quarter. US Bancorp DE now owns 2,942 shares of the company’s stock worth $747,000 after purchasing an additional 173 shares during the last quarter.
More Flutter Entertainment News
Here are the key news stories impacting Flutter Entertainment this week:
- Positive Sentiment: Several Wall Street firms kept “buy”/”overweight” stances and continue to see meaningful upside despite trimming targets, signalling continued conviction in Flutter’s long‑term position (analysts cite competitive strengths and attractive risk/reward). TipRanks story
- Positive Sentiment: Top-line growth remains solid: revenue rose ~25% year‑over‑year in the quarter, showing demand expansion even as profitability is under pressure. Earnings press release
- Neutral Sentiment: Annual Report and Accounts 2025 published — useful for detailed financials and accounting disclosures but not market moving on its own. GlobeNewswire
- Neutral Sentiment: Some outlets note a small EPS beat versus a narrow consensus (Zacks view) but that contrasts with broader consensus misses — mixed signals on the quarter depending on which benchmark you use. Zacks
- Negative Sentiment: Disappointing Q4 results and weak FY‑2026 guidance: EPS missed broader consensus (reported $1.74 vs. an often‑cited $2.11 consensus) and revenue was below estimates; management forecasted materially softer profit growth for 2026, citing U.S. market headwinds. This guidance shortfall is the primary driver of the stock decline. Reuters
- Negative Sentiment: Operational headwinds in the U.S.: high NFL hold and promotional missteps reduced betting volumes and customer engagement, and management said customer growth moderated while market share slipped in Q4. These are concrete execution risks for FanDuel, Flutter’s largest profit driver. LegalSportsReport
- Negative Sentiment: Market reaction and analyst re‑pricing: shares dropped sharply after the report and multiple brokers cut price targets (examples include Needham, Benchmark, Truist, BTIG, Citizens/JMP, Barclays and Oppenheimer), reflecting a re‑rating of near‑term earnings power. That repricing increases downside risk near term. Benzinga roundup
Wall Street Analyst Weigh In
Read Our Latest Research Report on Flutter Entertainment
Flutter Entertainment Stock Performance
Flutter Entertainment stock opened at $106.24 on Friday. Flutter Entertainment PLC has a 1-year low of $99.96 and a 1-year high of $313.68. The company’s 50-day moving average is $174.32 and its 200 day moving average is $223.80. The firm has a market capitalization of $18.62 billion, a P/E ratio of -59.02, a price-to-earnings-growth ratio of 0.25 and a beta of 1.88. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.96 and a quick ratio of 0.96.
Flutter Entertainment (NYSE:FLUT – Get Free Report) last issued its quarterly earnings results on Thursday, February 26th. The company reported $1.74 earnings per share for the quarter, missing the consensus estimate of $2.11 by ($0.37). Flutter Entertainment had a positive return on equity of 11.91% and a negative net margin of 1.89%.The business had revenue of $4.74 billion during the quarter, compared to analysts’ expectations of $4.87 billion. During the same quarter in the previous year, the company posted $2.94 earnings per share. The company’s quarterly revenue was up 24.9% compared to the same quarter last year. Research analysts forecast that Flutter Entertainment PLC will post 4.17 EPS for the current year.
Flutter Entertainment Company Profile
Flutter Entertainment plc is a global sports betting and gaming company that operates a portfolio of consumer-facing brands and digital platforms. The company’s primary activities include online sports betting, casino gaming, poker, and daily fantasy sports, delivered through web and mobile applications as well as retail betting locations in select markets. Flutter focuses on product development, customer acquisition and engagement, and compliance with local gambling regulations across the jurisdictions where it operates.
Flutter’s brand portfolio includes well-known names in different regional markets, such as FanDuel in the United States, PokerStars, Betfair, Paddy Power and Sky Betting & Gaming in Europe and elsewhere.
Read More
- Five stocks we like better than Flutter Entertainment
- 3 Signs You May Want to Switch Financial Advisors
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
- 1,500 Banks Just Handed the Fed Your Bank Account
- The Biggest IPO Ever… Open to Everyday Folks
- Read this or regret it forever
Want to see what other hedge funds are holding FLUT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Flutter Entertainment PLC (NYSE:FLUT – Free Report).
Receive News & Ratings for Flutter Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flutter Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.
