TKO Group Holdings, Inc. $TKO Shares Sold by Aristotle Capital Boston LLC

Aristotle Capital Boston LLC lowered its position in shares of TKO Group Holdings, Inc. (NYSE:TKO) by 39.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 151,498 shares of the company’s stock after selling 97,705 shares during the period. TKO Group accounts for 1.6% of Aristotle Capital Boston LLC’s portfolio, making the stock its 14th biggest holding. Aristotle Capital Boston LLC’s holdings in TKO Group were worth $30,597,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of TKO. Cromwell Holdings LLC lifted its position in TKO Group by 1,360.0% in the 3rd quarter. Cromwell Holdings LLC now owns 146 shares of the company’s stock valued at $29,000 after purchasing an additional 136 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new position in TKO Group during the 2nd quarter valued at about $34,000. Atlantic Union Bankshares Corp grew its position in TKO Group by 1,680.0% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 178 shares of the company’s stock worth $36,000 after purchasing an additional 168 shares during the last quarter. MUFG Securities EMEA plc acquired a new stake in shares of TKO Group in the second quarter valued at approximately $36,000. Finally, Mather Group LLC. acquired a new stake in shares of TKO Group in the third quarter valued at approximately $38,000. Institutional investors and hedge funds own 89.79% of the company’s stock.

TKO Group Trading Down 3.3%

Shares of NYSE:TKO opened at $194.53 on Friday. The company has a 50 day moving average of $206.59 and a 200-day moving average of $199.38. The firm has a market cap of $37.76 billion, a P/E ratio of 86.46 and a beta of 0.66. TKO Group Holdings, Inc. has a twelve month low of $133.07 and a twelve month high of $226.94. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.43.

TKO Group (NYSE:TKO) last posted its quarterly earnings data on Wednesday, February 25th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.20). TKO Group had a net margin of 4.13% and a return on equity of 2.07%. The company had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter last year, the business earned $0.28 earnings per share. The company’s revenue was up 11.9% on a year-over-year basis. As a group, analysts anticipate that TKO Group Holdings, Inc. will post 3.88 earnings per share for the current fiscal year.

TKO Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be paid a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Monday, March 16th. TKO Group’s dividend payout ratio (DPR) is presently 138.67%.

Insider Transactions at TKO Group

In other news, insider Seth D. Krauss sold 14,016 shares of TKO Group stock in a transaction on Wednesday, January 21st. The stock was sold at an average price of $201.22, for a total transaction of $2,820,299.52. Following the transaction, the insider directly owned 2,271 shares in the company, valued at approximately $456,970.62. This trade represents a 86.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Mark S. Shapiro sold 32,022 shares of the business’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $204.08, for a total value of $6,535,049.76. Following the completion of the sale, the insider directly owned 104,842 shares in the company, valued at $21,396,155.36. This represents a 23.40% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 169,563 shares of company stock valued at $34,641,917. Company insiders own 61.30% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. UBS Group boosted their price objective on TKO Group from $235.00 to $238.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. Morgan Stanley set a $210.00 target price on TKO Group in a research report on Thursday, December 18th. TD Cowen lifted their target price on TKO Group from $245.00 to $250.00 and gave the company a “buy” rating in a research note on Wednesday. Wolfe Research reiterated a “peer perform” rating on shares of TKO Group in a research report on Thursday, March 5th. Finally, Susquehanna reissued a “positive” rating and issued a $251.00 price target on shares of TKO Group in a research note on Monday, January 19th. Thirteen equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, TKO Group has an average rating of “Moderate Buy” and an average price target of $231.73.

TKO Group Profile

TKO Group Holdings (NYSE: TKO) is a global sports and entertainment company formed in 2023 through the combination of two major combat-sports businesses. The company brings together the mixed martial arts organization UFC and the sports entertainment business WWE under a single publicly traded holding company. TKO owns and manages a portfolio of live-event franchises, intellectual property, and media rights centered on combat and sports-entertainment content.

TKO’s core activities include the promotion and production of live events, the licensing and sale of broadcasting and streaming rights, and the development and commercialization of branded consumer products.