DNB Asset Management AS Buys 274,138 Shares of Flutter Entertainment PLC $FLUT

DNB Asset Management AS grew its stake in shares of Flutter Entertainment PLC (NYSE:FLUT) by 852.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 306,300 shares of the company’s stock after acquiring an additional 274,138 shares during the period. DNB Asset Management AS’s holdings in Flutter Entertainment were worth $77,800,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. JFS Wealth Advisors LLC bought a new stake in shares of Flutter Entertainment in the 3rd quarter valued at about $27,000. JCIC Asset Management Inc. bought a new position in Flutter Entertainment in the third quarter worth approximately $32,000. Atlantic Union Bankshares Corp purchased a new stake in Flutter Entertainment during the third quarter worth $34,000. ORG Partners LLC boosted its position in Flutter Entertainment by 43.0% during the 3rd quarter. ORG Partners LLC now owns 143 shares of the company’s stock valued at $36,000 after acquiring an additional 43 shares in the last quarter. Finally, First Horizon Corp purchased a new position in shares of Flutter Entertainment in the 3rd quarter valued at $39,000.

Flutter Entertainment Price Performance

Shares of NYSE FLUT opened at $122.82 on Friday. Flutter Entertainment PLC has a 52 week low of $114.74 and a 52 week high of $313.68. The business’s 50 day moving average price is $176.64 and its 200 day moving average price is $225.04. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 1.27. The firm has a market cap of $21.52 billion, a P/E ratio of -94.48, a P/E/G ratio of 0.25 and a beta of 1.88.

Flutter Entertainment (NYSE:FLUT) last announced its quarterly earnings data on Thursday, February 26th. The company reported $1.74 EPS for the quarter, missing the consensus estimate of $2.11 by ($0.37). The business had revenue of $4.74 billion for the quarter, compared to analyst estimates of $4.87 billion. Flutter Entertainment had a negative net margin of 0.95% and a positive return on equity of 14.42%. The business’s revenue was up 24.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.94 earnings per share. On average, sell-side analysts expect that Flutter Entertainment PLC will post 4.17 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on FLUT shares. Morgan Stanley decreased their price objective on Flutter Entertainment from $352.00 to $315.00 and set an “overweight” rating for the company in a research note on Friday, December 12th. HSBC upgraded shares of Flutter Entertainment from a “hold” rating to a “buy” rating and reduced their target price for the stock from $265.00 to $228.00 in a report on Monday, November 24th. Texas Capital upgraded shares of Flutter Entertainment to a “strong-buy” rating in a research note on Thursday, January 8th. Stifel Nicolaus lowered their price target on Flutter Entertainment from $304.00 to $259.00 and set a “buy” rating for the company in a report on Friday, January 30th. Finally, Citizens Jmp dropped their target price on shares of Flutter Entertainment from $313.00 to $275.00 and set a “market outperform” rating on the stock in a research report on Thursday, January 22nd. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $265.60.

Flutter Entertainment News Roundup

Here are the key news stories impacting Flutter Entertainment this week:

• Positive Sentiment: Oppenheimer kept an “outperform” stance while cutting its price target from $280 to $210 — still signalling upside from current levels. Oppenheimer lowers price target
• Positive Sentiment: Potential U.S. branding consolidation: reports indicate PokerStars US sites may rebrand to FanDuel, which could simplify U.S. operations and strengthen the FanDuel brand. Signs point to PokerStars US rebranding to FanDuel
• Neutral Sentiment: Short interest has risen ~24% in February to ~12.47M shares (~7.1% of float), raising the potential for short‑covering-driven rallies or continued volatility.
• Neutral Sentiment: Shares recently hit 52‑week lows and trade well below the 50‑ and 200‑day moving averages, making the stock a focal point for value/dip buyers and technical traders. Stock hits 52-week lows on Q4
• Negative Sentiment: Disappointing Q4 results: EPS $1.74 vs. $2.11 expected; revenue $4.74B vs. $4.87B consensus. Management said growth moderated and some initiatives underperformed. Q4 earnings miss and call
• Negative Sentiment: Weak FY‑2026 guidance: Flutter forecast modest profit growth and issued revenue guidance (~$18.4B) below street estimates (~$19.2B), citing continued U.S. market challenges and less effective promotional spend. Reuters: forecasts below estimates LSE: slowdown in growth
• Negative Sentiment: Competitive pressure in the U.S.: management and several outlets highlighted slower customer and betting growth as competitors improved products and promotions — a near‑term headwind for FanDuel. CNBC: U.S. market challenges

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.