Federated Hermes Inc. raised its stake in Take-Two Interactive by 33.1% during the third quarter, acquiring an additional 4,708 shares to bring its total holding to 18,950 shares valued at $4.896 million at quarter end. Other notable adjustments included Northstar Advisory Group boosting its position by 538.6% through the purchase of 6,178 shares, lifting its total to 7,325 shares worth $1.892 million, and Phoenix Financial Ltd. adding 126 shares for a 9.9% increase to 1,405 shares valued at $363,000. Valeo Financial Advisors modestly grew its stake by 3.0%, while Pilgrim Partners Asia and Compass Wealth Management established new positions valued at $26,000 and $3.419 million respectively. Hedge funds and institutional investors collectively now own over 95% of the company’s outstanding shares.

In its most recent quarter, Take-Two reported revenue of $1.77 billion, up 33.3% year-over-year, and delivered earnings per share of $1.04, surpassing the consensus estimate of $0.91 by $0.13. The company returned to profitability after posting a loss per share of $2.08 in the prior-year period. Despite a negative net margin of 64.3%, Return on Equity stood at a positive 12.49%. The quarterly results benefited from strong digital content sales and recurring revenue from live services.

Wedbush Securities added Take-Two to its Best Ideas list, maintaining an Outperform rating and a 12-month target that implies double-digit upside. UBS upgraded its recommendation and raised its target in late January, while Zacks Research moved its rating to Strong Buy. Arete Research also elevated its view to Buy in early December. In contrast, Weiss Ratings reiterated a Sell designation. Among the 22 analysts covering the stock, 19 recommend Buy, one recommends Hold and one recommends Sell, reflecting broad confidence in titles such as Grand Theft Auto and the anticipated release of the next major franchise installment.