Bank of New York Mellon Corp Reduces Position in Las Vegas Sands Corp. $LVS

Bank of New York Mellon Corp decreased its position in Las Vegas Sands Corp. (NYSE:LVS) by 31.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 6,646,825 shares of the casino operator’s stock after selling 3,021,938 shares during the period. Bank of New York Mellon Corp owned about 0.98% of Las Vegas Sands worth $357,533,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in Las Vegas Sands by 4.4% during the 2nd quarter. Vanguard Group Inc. now owns 43,072,014 shares of the casino operator’s stock valued at $1,874,063,000 after purchasing an additional 1,822,806 shares during the period. ARGA Investment Management LP increased its stake in shares of Las Vegas Sands by 36.8% during the second quarter. ARGA Investment Management LP now owns 10,040,975 shares of the casino operator’s stock valued at $436,883,000 after buying an additional 2,698,398 shares during the period. Invesco Ltd. raised its holdings in shares of Las Vegas Sands by 4.9% during the second quarter. Invesco Ltd. now owns 9,902,619 shares of the casino operator’s stock valued at $430,863,000 after acquiring an additional 459,821 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Las Vegas Sands by 0.4% during the second quarter. Geode Capital Management LLC now owns 8,823,966 shares of the casino operator’s stock valued at $382,294,000 after acquiring an additional 31,153 shares in the last quarter. Finally, Norges Bank purchased a new stake in Las Vegas Sands in the second quarter worth $134,179,000. 39.16% of the stock is currently owned by institutional investors.

Las Vegas Sands News Roundup

Here are the key news stories impacting Las Vegas Sands this week:

• Positive Sentiment: Q4 beat on revenue and consolidated adjusted property EBITDA, driven by a record quarter at Marina Bay Sands (MBS); management also announced a $500M buyback. Las Vegas Sands Reports Fourth Quarter 2025 Results
• Positive Sentiment: Board raised the quarterly dividend 20% to $0.30/share and reiterated capital-return actions, which supports near-term shareholder income. (Company disclosure and earnings highlights)
• Positive Sentiment: Several analysts defended or raised forecasts after the beats — Macquarie reaffirmed Outperform ($70 PT) and Deutsche Bank, Wells Fargo and others nudged targets higher, providing analyst support under current weakness. Las Vegas Sands is defended by analysts amid its biggest share price decline since the pandemic
• Neutral Sentiment: Management flagged a focus on margin recovery in Macao while expecting continued growth at Marina Bay Sands into 2026; execution on Macao margin plans will be key for forward guidance. Las Vegas Sands signals focus on margin recovery in Macao and continued growth at Marina Bay Sands through 2026
• Negative Sentiment: Investors focused on a meaningful miss in Macao EBITDA margins — reports cite a ~390 bps decline in Macao margins and rising competitive pressure there, which undercut the stock despite consolidated beats. Why Is LVS Stock Dropping After Beating Estimates?
• Negative Sentiment: Market reaction was sharp: outlets note the shares plunged after hours/into the next session as traders prioritized Macao weakness over headline beats, prompting heavy volume and volatility. Las Vegas Sands Stock Tumbles 10%. It Has a Macau Problem.
• Negative Sentiment: Analyst and media scrutiny of regional competitiveness and margin recovery timelines creates near-term uncertainty; until Macao margins show clear recovery, the stock could remain under pressure despite strong Singapore performance. Las Vegas Sands Stock Slumps After Macao Results Fall Short

Las Vegas Sands Stock Performance

Shares of LVS opened at $52.71 on Friday. The company has a quick ratio of 0.88, a current ratio of 0.89 and a debt-to-equity ratio of 7.42. The business’s 50 day moving average price is $64.09 and its 200-day moving average price is $58.04. Las Vegas Sands Corp. has a 52 week low of $30.18 and a 52 week high of $70.45. The stock has a market cap of $35.64 billion, a P/E ratio of 22.52, a P/E/G ratio of 1.46 and a beta of 0.97.

Las Vegas Sands (NYSE:LVS) last posted its quarterly earnings data on Wednesday, January 28th. The casino operator reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.77 by $0.08. The company had revenue of $3.65 billion during the quarter, compared to analyst estimates of $3.33 billion. Las Vegas Sands had a return on equity of 87.01% and a net margin of 12.50%.The firm’s revenue for the quarter was up 26.0% on a year-over-year basis. During the same quarter last year, the company earned $0.54 EPS. Equities research analysts anticipate that Las Vegas Sands Corp. will post 2.6 earnings per share for the current fiscal year.

Las Vegas Sands Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 18th. Stockholders of record on Monday, February 9th will be given a $0.30 dividend. The ex-dividend date of this dividend is Monday, February 9th. This represents a $1.20 annualized dividend and a dividend yield of 2.3%. This is a boost from Las Vegas Sands’s previous quarterly dividend of $0.25. Las Vegas Sands’s payout ratio is presently 45.25%.

Insider Buying and Selling

In other news, major shareholder Miriam Adelson sold 77,991 shares of the company’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $67.56, for a total value of $5,269,071.96. Following the transaction, the insider owned 23,333,441 shares in the company, valued at approximately $1,576,407,273.96. This represents a 0.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP D. Zachary Hudson sold 100,000 shares of the stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $64.99, for a total transaction of $6,499,000.00. Following the sale, the executive vice president owned 13,735 shares in the company, valued at approximately $892,637.65. The trade was a 87.92% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 3,582,053 shares of company stock worth $238,846,399 over the last quarter. 1.20% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research analysts have issued reports on LVS shares. Weiss Ratings reissued a “hold (c+)” rating on shares of Las Vegas Sands in a research report on Monday, December 29th. Argus lifted their target price on shares of Las Vegas Sands from $65.00 to $80.00 and gave the company a “buy” rating in a research note on Monday, December 1st. The Goldman Sachs Group raised shares of Las Vegas Sands from a “neutral” rating to a “buy” rating and increased their price target for the stock from $64.00 to $80.00 in a research note on Monday, December 15th. UBS Group lifted their price objective on Las Vegas Sands from $67.00 to $68.00 and gave the company a “neutral” rating in a research report on Monday, December 8th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $78.00 target price on shares of Las Vegas Sands in a research report on Wednesday, December 24th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, Las Vegas Sands currently has an average rating of “Moderate Buy” and an average price target of $70.52.

Las Vegas Sands Profile

Las Vegas Sands (NYSE: LVS) is a global developer and operator of integrated resorts, focused on large-scale properties that combine casino gaming with hotels, convention and exhibition facilities, retail, dining, and entertainment. The company’s operations center on developing and managing full-service resort complexes that serve both leisure and business travelers, with emphasis on convention and trade-show business in addition to gaming revenue streams.

The company’s portfolio has included prominent properties in North America and Asia, most notably The Venetian Resort in Las Vegas and Marina Bay Sands in Singapore, along with a significant presence in Macau through multiple integrated resorts.