In its third-quarter 13F filing, Federated Hermes Inc. disclosed that it raised its holding in Take-Two Interactive Software by 33.1%, acquiring an additional 4,708 shares to bring its total position to 18,950 shares. At the end of the period, the fund’s stake was valued at $4,896,000. This represents one of the largest incremental buys among institutional investors in the period, underscoring Federated Hermes’s confidence in Take-Two’s long-term growth prospects driven by anticipated releases in the Rockstar and 2K franchises.

Other asset managers also adjusted their positions in the quarter. Northstar Advisory Group LLC expanded its investment by 538.6%, adding 6,178 shares to reach 7,325 shares valued at $1,892,000. Valeo Financial Advisors LLC added 164 shares for a 3.0% increase to 5,586 shares, now worth $1,443,000, while Phoenix Financial Ltd. boosted its holding by 9.9% to 1,405 shares valued at $363,000. Two newcomers—Pilgrim Partners Asia Pte Ltd and Compass Wealth Management LLC—established fresh stakes valued at approximately $26,000 and $3,419,000, respectively, bringing the institutional ownership to over 95%.

In its most recent quarterly report, Take-Two delivered revenue of $1.77 billion, up 33.3% year-over-year, and reported EPS of $1.04, beating consensus by $0.13. Despite a negative net margin of 64.3%—influenced by non-cash charges—the company posted a 12.5% return on equity. Institutional investors have highlighted a market capitalization near $41 billion, a debt-to-equity ratio of 0.73, and liquidity ratios above 1.1x, indicators that have supported several recent analyst upgrades to outperform or buy ratings.