UBS Group AG Has $84.86 Million Holdings in Planet Fitness, Inc. $PLNT

Key Points

• UBS trimmed its stake in Planet Fitness by 5.1% in Q4, selling 42,081 shares and now holds 782,314 shares worth about $84.86 million (≈0.94% of the company).
• Planet Fitness beat expectations for the quarter with $0.83 EPS vs. $0.79 est. and $376.3M revenue (+10.5% YoY), and issued FY2026 EPS guidance of 3.350–3.380 (analysts' consensus ~3.38).
• The stock opened at $65.40 (down ~1.9%), has a market cap of $5.23B and a P/E of 24.96, and carries a MarketBeat consensus rating of "Moderate Buy" with a $110.64 price target.

UBS Group AG cut its holdings in Planet Fitness, Inc. (NYSE:PLNT - Free Report) by 5.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 782,314 shares of the company's stock after selling 42,081 shares during the period. UBS Group AG owned approximately 0.94% of Planet Fitness worth $84,858,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. V Square Quantitative Management LLC acquired a new stake in Planet Fitness during the fourth quarter worth about $27,000. EverSource Wealth Advisors LLC grew its stake in Planet Fitness by 184.5% during the second quarter. EverSource Wealth Advisors LLC now owns 330 shares of the company's stock worth $36,000 after buying an additional 214 shares in the last quarter. Hantz Financial Services Inc. grew its stake in Planet Fitness by 51.9% during the third quarter. Hantz Financial Services Inc. now owns 404 shares of the company's stock worth $42,000 after buying an additional 138 shares in the last quarter. SJS Investment Consulting Inc. grew its stake in Planet Fitness by 6,950.0% during the third quarter. SJS Investment Consulting Inc. now owns 423 shares of the company's stock worth $44,000 after buying an additional 417 shares in the last quarter. Finally, Atlantic Union Bankshares Corp acquired a new stake in Planet Fitness during the third quarter worth about $44,000. 95.53% of the stock is currently owned by institutional investors and hedge funds.

Planet Fitness Trading Down 1.9%

PLNT opened at $65.40 on Friday. The company's 50 day moving average is $75.05 and its 200-day moving average is $91.97. Planet Fitness, Inc. has a 1-year low of $63.41 and a 1-year high of $114.47. The company has a market cap of $5.23 billion, a P/E ratio of 24.96, a PEG ratio of 1.13 and a beta of 1.12.

Planet Fitness (NYSE:PLNT - Get Free Report) last posted its quarterly earnings results on Tuesday, February 24th. The company reported $0.83 earnings per share for the quarter, beating analysts' consensus estimates of $0.79 by $0.04. Planet Fitness had a net margin of 16.55% and a negative return on equity of 97.97%. The company had revenue of $376.26 million for the quarter, compared to the consensus estimate of $366.48 million. During the same period last year, the company posted $0.70 EPS. The firm's quarterly revenue was up 10.5% compared to the same quarter last year. Planet Fitness has set its FY 2026 guidance at 3.350-3.380 EPS. On average, equities analysts forecast that Planet Fitness, Inc. will post 3.38 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Jefferies Financial Group reiterated a "buy" rating and set a $175.00 price objective on shares of Planet Fitness in a research note on Tuesday, February 24th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Planet Fitness from $115.00 to $98.00 and set a "hold" rating on the stock in a research note on Thursday, February 26th. Macquarie Infrastructure reduced their price objective on shares of Planet Fitness from $112.00 to $100.00 and set a "neutral" rating on the stock in a research note on Thursday, January 29th. Piper Sandler downgraded shares of Planet Fitness from an "overweight" rating to a "neutral" rating in a research note on Friday, February 27th. Finally, Royal Bank Of Canada reduced their price objective on shares of Planet Fitness from $120.00 to $85.00 and set an "outperform" rating on the stock in a research note on Wednesday. Three equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Planet Fitness currently has a consensus rating of "Moderate Buy" and a consensus price target of $110.64.

Planet Fitness Company Profile

Planet Fitness, Inc is a franchisor and operator of fitness centers based in Hampton, New Hampshire. Established in 1992, the company designs and equips its clubs to offer a non-intimidating workout environment, often marketed under its “Judgment Free Zone” philosophy. Planet Fitness markets affordable membership plans and a variety of cardio and strength-training equipment, positioning itself to attract casual and first-time gym users.

The company operates through a network of franchised and company-owned clubs.

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