Las Vegas Sands Corp. $LVS Shares Sold by Orvieto Partners L.P.

Orvieto Partners L.P. cut its stake in shares of Las Vegas Sands Corp. (NYSE:LVS) by 80.0% in the 1st quarter, Holdings Channel reports. The firm owned 10,000 shares of the casino operator’s stock after selling 40,000 shares during the quarter. Orvieto Partners L.P.’s holdings in Las Vegas Sands were worth $539,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of LVS. AQR Capital Management LLC grew its holdings in Las Vegas Sands by 222.7% in the 4th quarter. AQR Capital Management LLC now owns 9,098,518 shares of the casino operator’s stock worth $592,223,000 after buying an additional 6,279,390 shares in the last quarter. Norges Bank acquired a new position in shares of Las Vegas Sands during the 4th quarter valued at $364,892,000. Arrowstreet Capital Limited Partnership raised its holdings in shares of Las Vegas Sands by 410.2% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 5,167,553 shares of the casino operator’s stock worth $277,963,000 after purchasing an additional 4,154,753 shares in the last quarter. M&T Bank Corp grew its holdings in shares of Las Vegas Sands by 33,102.6% in the 4th quarter. M&T Bank Corp now owns 3,060,288 shares of the casino operator’s stock worth $197,463,000 after acquiring an additional 3,051,071 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Las Vegas Sands by 18.7% in the fourth quarter. Bank of New York Mellon Corp now owns 7,893,031 shares of the casino operator’s stock worth $513,757,000 after acquiring an additional 1,246,206 shares in the last quarter. Institutional investors and hedge funds own 39.16% of the company’s stock.

Key Stories Impacting Las Vegas Sands

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

• Positive Sentiment: Several analysts still remain constructive on LVS despite the selloff, with JPMorgan and Stifel both lowering price targets to $60 while keeping overweight/buy ratings, suggesting they still see meaningful upside from current levels. Analyst price target updates
• Positive Sentiment: The company continued returning cash to shareholders, repurchasing $787 million of stock in the quarter and raising its buyback authorization to $6.0 billion, which may support sentiment over time. Q2 2026 results press release
• Neutral Sentiment: Management said Singapore remained a bright spot, while Marina Bay Sands stayed on track for an expansion project targeting early 2031, offering a longer-term growth angle. Seeking Alpha coverage
• Negative Sentiment: Q2 adjusted EPS came in at $0.59 versus estimates around $0.76-$0.77, and revenue of $3.15 billion also fell short of forecasts, reinforcing concerns about near-term operating momentum. Zacks earnings miss article
• Negative Sentiment: Weak Macau results remain the main drag, with lower rolling-play hold and softer gaming demand weighing on profitability and prompting analysts to trim estimates after earnings. Zacks Macau weakness article

Las Vegas Sands Price Performance

Shares of NYSE:LVS opened at $46.08 on Friday. The business has a 50 day moving average price of $48.34 and a 200 day moving average price of $53.27. Las Vegas Sands Corp. has a twelve month low of $44.21 and a twelve month high of $70.45. The company has a market cap of $30.54 billion, a price-to-earnings ratio of 17.93, a PEG ratio of 1.12 and a beta of 0.83. The company has a quick ratio of 0.91, a current ratio of 0.92 and a debt-to-equity ratio of 8.64.

Las Vegas Sands (NYSE:LVS) last released its earnings results on Wednesday, July 22nd. The casino operator reported $0.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.17). Las Vegas Sands had a net margin of 12.59% and a return on equity of 117.08%. The business had revenue of $3.15 billion during the quarter, compared to analyst estimates of $3.31 billion. During the same period last year, the business earned $0.66 EPS. The business’s quarterly revenue was down .7% compared to the same quarter last year. Research analysts predict that Las Vegas Sands Corp. will post 3.35 earnings per share for the current year.

Las Vegas Sands Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 12th. Investors of record on Tuesday, August 4th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 2.6%. The ex-dividend date is Tuesday, August 4th. Las Vegas Sands’s dividend payout ratio is presently 44.44%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. The Goldman Sachs Group dropped their price objective on shares of Las Vegas Sands from $63.00 to $55.00 and set a “buy” rating on the stock in a research note on Thursday. Barclays cut their price objective on shares of Las Vegas Sands from $63.00 to $59.00 and set an “overweight” rating on the stock in a research report on Thursday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $62.00 price objective (down from $73.00) on shares of Las Vegas Sands in a research note on Thursday. Susquehanna reduced their price target on Las Vegas Sands from $64.00 to $63.00 and set a “positive” rating for the company in a research report on Wednesday. Finally, Seaport Research Partners decreased their price target on Las Vegas Sands from $72.00 to $69.00 and set a “buy” rating for the company in a research note on Tuesday, April 21st. Eleven investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $62.31.

About Las Vegas Sands

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.