Bank of New York Mellon Corp Decreases Stake in Las Vegas Sands Corp. $LVS

Bank of New York Mellon Corp cut its holdings in shares of Las Vegas Sands Corp. (NYSE:LVS) by 31.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (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’s holdings in Las Vegas Sands were worth $357,533,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of LVS. Ballentine Partners LLC lifted its stake in Las Vegas Sands by 7.1% during the 3rd quarter. Ballentine Partners LLC now owns 5,300 shares of the casino operator’s stock valued at $285,000 after acquiring an additional 352 shares during the period. Mystic Asset Management Inc. lifted its position in Las Vegas Sands by 2.5% during the third quarter. Mystic Asset Management Inc. now owns 14,884 shares of the casino operator’s stock valued at $801,000 after purchasing an additional 366 shares during the period. Vanguard Personalized Indexing Management LLC boosted its holdings in Las Vegas Sands by 6.2% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 31,939 shares of the casino operator’s stock worth $1,718,000 after purchasing an additional 1,864 shares during the last quarter. Retirement Systems of Alabama grew its position in Las Vegas Sands by 769.4% in the 3rd quarter. Retirement Systems of Alabama now owns 632,705 shares of the casino operator’s stock worth $34,033,000 after purchasing an additional 559,926 shares during the period. Finally, Y Intercept Hong Kong Ltd purchased a new stake in Las Vegas Sands during the 3rd quarter valued at $442,000. 39.16% of the stock is currently owned by institutional investors.

Insider Activity at Las Vegas Sands

In other Las Vegas Sands news, CFO Randy Hyzak sold 57,545 shares of the firm’s stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $66.45, for a total transaction of $3,823,865.25. Following the sale, the chief financial officer directly owned 53,499 shares of the company’s stock, valued at $3,555,008.55. This trade represents a 51.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Patrick Dumont sold 210,305 shares of the company’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $69.96, for a total value of $14,712,937.80. Following the completion of the transaction, the chief operating officer directly owned 446,608 shares of the company’s stock, valued at approximately $31,244,695.68. This trade represents a 32.01% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 3,582,053 shares of company stock worth $238,846,399 in the last 90 days. Company insiders own 1.20% of the company’s stock.

Las Vegas Sands Stock Down 14.0%

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

Las Vegas Sands (NYSE:LVS) last released its earnings results on Wednesday, January 28th. The casino operator reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.77 by $0.08. Las Vegas Sands had a net margin of 12.50% and a return on equity of 87.01%. The company had revenue of $3.65 billion for the quarter, compared to analysts’ expectations of $3.33 billion. During the same quarter last year, the business earned $0.54 EPS. The firm’s revenue was up 26.0% compared to the same quarter last year. On average, equities research analysts forecast that Las Vegas Sands Corp. will post 2.6 EPS for the current year.

Las Vegas Sands Increases Dividend

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

Wall Street Analysts Forecast Growth

LVS has been the subject of several research analyst reports. Barclays set a $64.00 price objective on Las Vegas Sands in a report on Thursday. Deutsche Bank Aktiengesellschaft raised their target price on Las Vegas Sands from $76.00 to $77.00 and gave the stock a “buy” rating in a research report on Thursday. Stifel Nicolaus reduced their price target on shares of Las Vegas Sands from $75.00 to $72.00 and set a “buy” rating for the company in a research report on Thursday. Seaport Research Partners dropped their price objective on shares of Las Vegas Sands from $75.00 to $72.00 and set a “buy” rating on the stock in a report on Wednesday, January 14th. Finally, Argus upped their target price on shares of Las Vegas Sands from $65.00 to $80.00 and gave the company a “buy” rating in a report on Monday, December 1st. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Las Vegas Sands currently has a consensus rating of “Moderate Buy” and a consensus target price of $70.52.

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 Company 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.