Flutter Entertainment PLC, trading under the symbol FLUT on the NYSE:FLUT, is a prominent player in the global sports betting and gaming industry. The company operates well-known brands like FanDuel and Paddy Power. As of December 1, 2025, Benchmark maintained a "Buy" rating for FLUT, even though the stock's action was "hold." The stock price at that time was $208.81.
Benchmark adjusted its price target for Flutter Entertainment, lowering it from $310 to $285. Despite this adjustment, institutional investors have shown confidence in the company. Boston Partners increased its investment in Flutter by 15% during the second quarter, now holding 5,011 shares valued at $1.43 million. This indicates a positive outlook from investors.
Bank of New York Mellon Corp also demonstrated strong confidence in Flutter Entertainment by significantly increasing its stake by 120.1%. The bank now owns 454,660 shares valued at approximately $129.92 million. This substantial increase suggests that institutional investors see potential growth in Flutter's future.
Jefferies Financial Group Inc. also increased its holdings in Flutter by 5.4%, now possessing 18,163 shares worth around $3.99 million. This further supports the notion that institutional investors are optimistic about Flutter's prospects, despite the recent price target adjustment by Benchmark.
FLUT's stock price has seen a 4.45% increase, with a current price of $208.81. The stock has fluctuated between $202.01 and $210.49 today. Over the past year, it reached a high of $313.69 and a low of $189.33. With a market capitalization of approximately $36.7 billion and a trading volume of 1,593,432 shares, Flutter Entertainment remains a significant player in the market.
