Universal Beteiligungs und Servicegesellschaft mbH Sells 17,405 Shares of Planet Fitness, Inc. $PLNT

Key Points

• Universal Beteiligungs sold 17,405 shares of Planet Fitness, reducing its stake by 47.7% to 19,049 shares worth about $2.07 million at the end of the quarter.
• Planet Fitness beat expectations for the quarter with EPS of $0.83 vs. $0.79 and revenue of $376.26M (up 10.5% YoY), and it set FY2026 guidance of $3.350–3.380 EPS (sell-side consensus: 3.38).
• Market and analyst context: PLNT opened at $65.40 (down ~1.9%), trading well below its 50‑day ($75.05) and 200‑day ($91.98) averages; analysts' consensus is a "Moderate Buy" with a $110.64 price target and institutional ownership around 95.5%.

Universal Beteiligungs und Servicegesellschaft mbH lessened its stake in shares of Planet Fitness, Inc. (NYSE:PLNT - Free Report) by 47.7% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 19,049 shares of the company's stock after selling 17,405 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH's holdings in Planet Fitness were worth $2,069,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Goldman Sachs Group Inc. increased its holdings in Planet Fitness by 1.8% during the first quarter. Goldman Sachs Group Inc. now owns 1,389,098 shares of the company's stock valued at $134,201,000 after buying an additional 24,981 shares during the period. Empowered Funds LLC purchased a new position in Planet Fitness during the first quarter valued at approximately $1,891,000. EverSource Wealth Advisors LLC increased its holdings in Planet Fitness by 184.5% during the second quarter. EverSource Wealth Advisors LLC now owns 330 shares of the company's stock valued at $36,000 after buying an additional 214 shares during the period. First Trust Advisors LP increased its holdings in Planet Fitness by 25.8% during the second quarter. First Trust Advisors LP now owns 142,689 shares of the company's stock valued at $15,560,000 after buying an additional 29,305 shares during the period. Finally, Jump Financial LLC purchased a new position in Planet Fitness during the second quarter valued at approximately $267,000. Institutional investors own 95.53% of the company's stock.

Planet Fitness Trading Down 1.9%

NYSE PLNT opened at $65.40 on Friday. The firm's fifty day simple moving average is $75.05 and its two-hundred day simple moving average is $91.98. Planet Fitness, Inc. has a 12-month low of $63.41 and a 12-month high of $114.47. The firm has a market capitalization of $5.23 billion, a P/E ratio of 24.96, a P/E/G ratio of 1.16 and a beta of 1.12.

Planet Fitness (NYSE:PLNT - Get Free Report) last released its quarterly earnings results on Tuesday, February 24th. The company reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $376.26 million for the quarter, compared to analyst estimates of $366.48 million. During the same period in the previous year, the company earned $0.70 earnings per share. The business's revenue for the quarter was up 10.5% on a year-over-year basis. Planet Fitness has set its FY 2026 guidance at 3.350-3.380 EPS. As a group, sell-side analysts predict that Planet Fitness, Inc. will post 3.38 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on PLNT shares. Stifel Nicolaus cut their price objective on shares of Planet Fitness from $105.00 to $90.00 and set a "buy" rating on the stock in a report on Friday, April 24th. William Blair reissued an "outperform" rating on shares of Planet Fitness in a report on Tuesday, January 13th. Piper Sandler lowered shares of Planet Fitness from an "overweight" rating to a "neutral" rating in a report on Friday, February 27th. TD Cowen cut their price objective on shares of Planet Fitness from $100.00 to $90.00 and set a "buy" rating on the stock in a report on Wednesday. Finally, Jefferies Financial Group reissued a "buy" rating and set a $175.00 price objective on shares of Planet Fitness in a report on Tuesday, February 24th. Three research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $110.64.

About Planet Fitness

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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