Envestnet Asset Management Inc. Has $6.24 Million Stock Holdings in PENN Entertainment, Inc. (NASDAQ:PENN) (2025)

Envestnet Asset Management Inc. reduced its stake in shares of PENN Entertainment, Inc. (NASDAQ:PENN – Free Report) by 12.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 314,755 shares of the company’s stock after selling 45,953 shares during the period. Envestnet Asset Management Inc. owned approximately 0.21% of PENN Entertainment worth $6,238,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Proficio Capital Partners LLC bought a new stake in PENN Entertainment in the 4th quarter valued at approximately $596,000. Harbor Capital Advisors Inc. grew its position in PENN Entertainment by 8.4% in the fourth quarter. Harbor Capital Advisors Inc. now owns 597,942 shares of the company’s stock valued at $11,851,000 after purchasing an additional 46,209 shares in the last quarter. ING Groep NV acquired a new stake in PENN Entertainment in the 4th quarter valued at $9,910,000. IFP Advisors Inc boosted its stake in shares of PENN Entertainment by 201.5% during the 4th quarter. IFP Advisors Inc now owns 1,574 shares of the company’s stock worth $31,000 after buying an additional 1,052 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of PENN Entertainment by 4.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,337,162 shares of the company’s stock valued at $26,503,000 after acquiring an additional 55,138 shares in the last quarter. Institutional investors own 91.69% of the company’s stock.

Analyst Ratings Changes

PENN has been the subject of a number of analyst reports. Susquehanna decreased their price target on PENN Entertainment from $26.00 to $23.00 and set a “positive” rating for the company in a research note on Tuesday, April 15th. JMP Securities reiterated a “market perform” rating on shares of PENN Entertainment in a research note on Thursday, January 16th. Benchmark restated a “hold” rating on shares of PENN Entertainment in a research note on Monday, March 3rd. StockNews.com upgraded PENN Entertainment from a “sell” rating to a “hold” rating in a report on Monday, March 3rd. Finally, Macquarie reaffirmed an “outperform” rating and issued a $26.00 price objective on shares of PENN Entertainment in a research report on Friday, February 28th. Ten equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $23.28.

View Our Latest Research Report on PENN

PENN Entertainment Stock Down 3.6 %

NASDAQ PENN opened at $13.83 on Tuesday. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 2.34. The company has a market cap of $2.12 billion, a price-to-earnings ratio of -3.90, a PEG ratio of 1.55 and a beta of 1.96. The company has a 50 day moving average of $17.58 and a 200-day moving average of $19.08. PENN Entertainment, Inc. has a 1-year low of $13.25 and a 1-year high of $23.08.

PENN Entertainment Company Profile

(Free Report)

PENN Entertainment, Inc, together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences. The company operates through five segments: Northeast, South, West, Midwest, and Interactive. It operates online sports betting in various jurisdictions; and iCasino under Hollywood Casino, L'Auberge, ESPN BET, and theScore Bet Sportsbook and Casino brands.

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