Pinnacle Associates 13F: Adds $2.1M to PRKS Stake

Pinnacle Associates grew its stake in United Parks & Resorts Inc. PRKS during the quarter, according to a Form 13F filing disclosed with the SEC on October 20, 2026. The institutional investor bought an additional 64,694 shares, marking an 11.5% increase from its previous holding of 563,272 shares. The firm's total investment in the theme park operator reached 627,966 shares with a reported value of $20.3 million at the time of the filing.

PRKS United Parks & Resorts Inc.

$30.51 ▼ -15.76% year to date

1M 3M YTD

Daily close · Oct 21, 2026

What Changed in Pinnacle Associates's United Parks & Resorts Inc. Position

Pinnacle Associates expanded its investment in United Parks & Resorts Inc. PRKS by picking up 64,694 shares during the period. That move brought the fund's total share count to 627,966. The updated position carried a total reported value of $20,346,098.

Other Institutional Activity in United Parks & Resorts Inc.

Other large investors adjusted their holdings in United Parks & Resorts Inc. PRKS around the same time. Hill Path Capital, LP kept its massive stake steady at 27,205,306 shares worth about $830.0 million. Nomura Holdings Inc. trimmed its position by 4,475 shares, ending with 4,470,982 shares valued at roughly $136.4 million. Voss Capital, LP lowered its holdings by 44,931 shares or 2.6%, finishing with 1,670,000 shares worth about $51.0 million. Goldentree Asset Management LP cut its stake by 701,519 shares or 34.0%, leaving it with 1,359,953 shares valued at around $41.5 million. Finally, River Road Asset Management, LLC reduced its holdings by 757,170 shares or 36.4%, winding up with 1,322,967 shares worth approximately $40.4 million.

United Parks & Resorts Inc. Stock Down 8.0%

United Parks & Resorts Inc. PRKS shares recently traded around $31.46 as of October 22, 2026. The stock was down about 3.0% compared to its closing price of $32.43 on October 16, 2026. The company operates with a beta of 1.14 and maintains a lean liquidity profile with a current ratio of 0.48.

Recent Earnings

United Parks & Resorts Inc. PRKS generated $1.65 billion in trailing twelve-month revenue, with a net margin of 8.1% and a trailing EPS of $2.51. The company's year-over-year revenue growth dipped slightly by 1.4%. Investors look ahead to the next financial results scheduled for release on November 5, 2026.

Insider Buying and Selling at United Parks & Resorts Inc.

Company insiders were active earlier in the year. William Gray and Nathaniel Lipman each purchased 5,404 shares on June 16, 2026, at an average price of $46.25 per share, totaling $249,935 per transaction.

Analysts Set New Price Targets

Several research firms adjusted their views on United Parks & Resorts Inc. PRKS ahead of the upcoming earnings report. On August 5, 2026, Citigroup maintained a neutral rating while raising its price target from $46.00 to $49.00. On the same day, Guggenheim kept a buy rating and lifted its target from $51.00 to $54.00. JP Morgan maintained a neutral rating on August 11, 2026, while boosting its target from $39.00 to $44.00. Truist Securities kept a buy rating on September 10, 2026, lowering its target from $53.00 to $49.00. Later, on October 8, 2026, Citigroup maintained a neutral rating while reducing its target to $34.00 from $49.00.

About United Parks & Resorts Inc.

United Parks & Resorts Inc. PRKS runs a network of theme parks and entertainment destinations across the United States. The business features recognizable brands including SeaWorld marine parks in locations like Orlando and San Diego, Busch Gardens family destinations in Tampa Bay and Williamsburg, and Aquatica water parks. These properties draw millions of visitors annually, tying the company's financial health to consumer spending in the leisure sector.

Bottom Line

Market participants will review the upcoming earnings report on November 5, 2026, for fresh details on attendance trends and revenue growth. Institutional filings and analyst updates will continue to provide signals on how major holders view the stock's valuation heading into the end of the year.