Egerton Capital UK LLP Trims Stock Position in Flutter Entertainment PLC $FLUT

Egerton Capital UK LLP trimmed its stake in Flutter Entertainment PLC (NYSE:FLUT) by 2.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,412,018 shares of the company’s stock after selling 37,893 shares during the period. Flutter Entertainment accounts for about 3.8% of Egerton Capital UK LLP’s investment portfolio, making the stock its 13th biggest holding. Egerton Capital UK LLP owned about 0.80% of Flutter Entertainment worth $358,653,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in Flutter Entertainment by 402.4% in the second quarter. Vanguard Group Inc. now owns 17,257,475 shares of the company’s stock worth $4,931,496,000 after buying an additional 13,822,673 shares during the period. Parvus Asset Management Jersey Ltd bought a new position in shares of Flutter Entertainment in the 2nd quarter worth approximately $2,231,266,000. Norges Bank purchased a new position in shares of Flutter Entertainment in the 2nd quarter valued at approximately $930,349,000. State Street Corp lifted its stake in shares of Flutter Entertainment by 120.3% in the 2nd quarter. State Street Corp now owns 3,086,730 shares of the company’s stock valued at $882,064,000 after purchasing an additional 1,685,556 shares during the period. Finally, Geode Capital Management LLC boosted its position in shares of Flutter Entertainment by 57.4% during the second quarter. Geode Capital Management LLC now owns 3,080,848 shares of the company’s stock valued at $877,583,000 after purchasing an additional 1,122,892 shares in the last quarter.

Flutter Entertainment Trading Down 13.7%

Shares of NYSE:FLUT opened at $106.24 on Friday. The stock has a 50 day moving average of $174.32 and a 200 day moving average of $223.80. The company has a market cap of $18.62 billion, a PE ratio of -59.02, a price-to-earnings-growth ratio of 0.25 and a beta of 1.88. Flutter Entertainment PLC has a 12-month low of $99.96 and a 12-month high of $313.68. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 1.27.

Flutter Entertainment (NYSE:FLUT) last released its earnings results on Thursday, February 26th. The company reported $1.74 EPS for the quarter, missing analysts’ consensus estimates of $2.11 by ($0.37). The firm had revenue of $4.74 billion for the quarter, compared to the consensus estimate of $4.87 billion. Flutter Entertainment had a positive return on equity of 11.91% and a negative net margin of 1.89%.Flutter Entertainment’s revenue was up 24.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.94 EPS. As a group, equities research analysts expect that Flutter Entertainment PLC will post 4.17 EPS for the current year.

Key Headlines Impacting Flutter Entertainment

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

Analysts Set New Price Targets

Several equities analysts have recently issued reports on FLUT shares. Citigroup reiterated an “outperform” rating on shares of Flutter Entertainment in a report on Monday, January 5th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Flutter Entertainment in a research report on Monday, December 29th. Texas Capital raised shares of Flutter Entertainment to a “strong-buy” rating in a report on Thursday, January 8th. Benchmark cut their target price on shares of Flutter Entertainment from $285.00 to $175.00 and set a “buy” rating for the company in a research report on Friday. Finally, Truist Financial lowered their price target on Flutter Entertainment from $260.00 to $160.00 and set a “buy” rating on the stock in a report on Friday. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $237.15.

About Flutter Entertainment

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.