Natixis Advisors LLC Grows Holdings in TKO Group Holdings, Inc. $TKO

Natixis Advisors LLC increased its holdings in TKO Group Holdings, Inc. (NYSE:TKO) by 0.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 295,492 shares of the company’s stock after acquiring an additional 2,669 shares during the quarter. Natixis Advisors LLC owned about 0.15% of TKO Group worth $59,678,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Somerset Trust Co grew its holdings in TKO Group by 2.5% in the third quarter. Somerset Trust Co now owns 2,155 shares of the company’s stock worth $435,000 after purchasing an additional 53 shares during the period. CWM LLC lifted its holdings in shares of TKO Group by 7.3% during the third quarter. CWM LLC now owns 796 shares of the company’s stock valued at $161,000 after purchasing an additional 54 shares during the last quarter. Simon Quick Advisors LLC boosted its position in shares of TKO Group by 0.9% in the 3rd quarter. Simon Quick Advisors LLC now owns 7,352 shares of the company’s stock worth $1,485,000 after purchasing an additional 62 shares in the last quarter. Whittier Trust Co. of Nevada Inc. boosted its position in shares of TKO Group by 57.7% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 194 shares of the company’s stock worth $38,000 after purchasing an additional 71 shares in the last quarter. Finally, Howe & Rusling Inc. grew its stake in shares of TKO Group by 4.7% in the 2nd quarter. Howe & Rusling Inc. now owns 1,603 shares of the company’s stock worth $292,000 after buying an additional 72 shares during the last quarter. 89.79% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. JPMorgan Chase & Co. lifted their price objective on TKO Group from $220.00 to $225.00 and gave the company an “overweight” rating in a research note on Wednesday, January 21st. TD Cowen reissued a “buy” rating on shares of TKO Group in a research note on Monday, December 8th. Sanford C. Bernstein raised their price target on TKO Group from $230.00 to $250.00 and gave the company an “outperform” rating in a report on Thursday, February 19th. BTIG Research lowered their price target on TKO Group from $250.00 to $237.00 and set a “buy” rating for the company in a research report on Thursday, February 19th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of TKO Group in a research note on Monday, December 29th. Thirteen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $231.40.

Insider Buying and Selling

In other TKO Group news, CFO Shane Kapral sold 616 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $221.91, for a total value of $136,696.56. Following the completion of the transaction, the chief financial officer owned 353 shares of the company’s stock, valued at approximately $78,334.23. The trade was a 63.57% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Seth D. Krauss sold 2,271 shares of the company’s stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $200.71, for a total transaction of $455,812.41. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 169,309 shares of company stock worth $34,591,333. 53.80% of the stock is owned by corporate insiders.

TKO Group Stock Performance

TKO stock opened at $204.14 on Tuesday. The stock’s 50 day simple moving average is $207.32 and its 200 day simple moving average is $199.03. 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 Holdings, Inc. has a 12-month low of $133.07 and a 12-month high of $226.94. The stock has a market capitalization of $39.63 billion, a PE ratio of 90.73 and a beta of 0.66.

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

TKO Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be issued a $0.78 dividend. This represents a $3.12 annualized dividend and a yield of 1.5%. The ex-dividend date is Monday, March 16th. TKO Group’s dividend payout ratio (DPR) is presently 138.67%.

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.