TKO Group Holdings, Inc. $TKO Stock Holdings Lowered by Park Avenue Securities LLC

Park Avenue Securities LLC lessened its holdings in TKO Group Holdings, Inc. (NYSE:TKO) by 85.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,000 shares of the company’s stock after selling 11,551 shares during the period. Park Avenue Securities LLC’s holdings in TKO Group were worth $359,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Public Employees Retirement System of Ohio acquired a new position in TKO Group in the 2nd quarter worth about $9,698,000. Fortis Capital Management LLC purchased a new position in TKO Group during the first quarter worth approximately $6,023,000. Cat Rock Capital Management LP grew its holdings in TKO Group by 10.7% in the second quarter. Cat Rock Capital Management LP now owns 339,211 shares of the company’s stock valued at $68,287,000 after purchasing an additional 32,700 shares during the period. Wellington Management Group LLP grew its holdings in TKO Group by 1,125.0% in the second quarter. Wellington Management Group LLP now owns 28,150 shares of the company’s stock valued at $5,667,000 after purchasing an additional 25,852 shares during the period. Finally, Braun Stacey Associates Inc. grew its holdings in TKO Group by 7.7% in the second quarter. Braun Stacey Associates Inc. now owns 138,509 shares of the company’s stock valued at $27,883,000 after purchasing an additional 9,924 shares during the period. Hedge funds and other institutional investors own 89.79% of the company’s stock.

Insider Transactions at TKO Group

In other news, CFO Andrew M. Schleimer sold 9,942 shares of TKO Group stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $194.39, for a total value of $1,932,625.38. Following the sale, the chief financial officer directly owned 38,051 shares of the company’s stock, valued at $7,396,733.89. The trade was a 20.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Nick Khan sold 9,589 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $197.17, for a total value of $1,890,663.13. Following the sale, the director owned 39,344 shares of the company’s stock, valued at $7,757,456.48. The trade was a 19.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 97,325 shares of company stock worth $18,798,012. 64.30% of the stock is owned by insiders.

TKO Group Stock Up 0.6%

TKO opened at $190.20 on Friday. The company has a market cap of $36.00 billion, a PE ratio of 51.27 and a beta of 0.66. TKO Group Holdings, Inc. has a twelve month low of $170.14 and a twelve month high of $226.94. The company has a 50-day moving average price of $182.63 and a 200 day moving average price of $193.10. The company has a quick ratio of 1.28, a current ratio of 1.35 and a debt-to-equity ratio of 0.58.

TKO Group (NYSE:TKO) last posted its quarterly earnings data on Wednesday, November 4th. The company reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.13. TKO Group had a return on equity of 3.35% and a net margin of 5.19%. The company had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.38 billion. During the same period in the previous year, the firm posted $0.47 EPS. TKO Group’s revenue was up 21.4% compared to the same quarter last year. Sell-side analysts expect that TKO Group Holdings, Inc. will post 7.04 earnings per share for the current fiscal year.

TKO Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were issued a dividend of $0.79 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $3.16 dividend on an annualized basis and a dividend yield of 1.7%. TKO Group’s dividend payout ratio is presently 85.18%.

Key Stories Impacting TKO Group

Here are the key news stories impacting TKO Group this week:

• Positive Sentiment: TKO reported third-quarter adjusted earnings of $1.33 per share, above the $1.20 consensus estimate, while revenue rose 21.4% year over year. The company also increased its projections, supporting the growth outlook. TKO reports over $1.3 billion in Q3 revenue
• Positive Sentiment: Management is discussing ways to expand distribution beyond Paramount+, with HBO mentioned as a possible outlet for UFC content. Additional platforms could broaden audience reach and create new media revenue opportunities, though no deal was announced. TKO discusses expanding distribution
• Positive Sentiment: Susquehanna lowered its price target slightly, from $224 to $223, but retained a positive rating, signaling continued analyst confidence in potential upside. Susquehanna price-target update
• Neutral Sentiment: TKO says WWE and UFC events in the Middle East, including WWE’s Saudi Arabia event, remain planned despite the Iran war. The events could support revenue if they proceed, but regional uncertainty creates execution risk. TKO executive on WWE Crown Jewel in Saudi Arabia
• Negative Sentiment: Third-quarter revenue of $1.36 billion fell short of the $1.38 billion analyst estimate, and reports noted a dip in WWE revenue. These results temper the strong earnings-per-share and year-over-year growth figures. TKO Q3 results and WWE revenue
• Negative Sentiment: TKO priced a $1 billion offering of 6.5% senior secured notes due 2031. The financing provides capital but adds debt and interest costs. TKO announces senior secured notes offering

Wall Street Analyst Weigh In

TKO has been the subject of a number of recent analyst reports. Citigroup restated a “market outperform” rating on shares of TKO Group in a research report on Tuesday, October 27th. Guggenheim increased their target price on TKO Group from $228.00 to $240.00 and gave the company a “buy” rating in a research report on Thursday. Morgan Stanley increased their target price on TKO Group from $225.00 to $230.00 and gave the company an “overweight” rating in a research report on Tuesday, August 4th. Robert W. Baird dropped their price target on shares of TKO Group from $275.00 to $250.00 and set an “outperform” rating on the stock in a research note on Tuesday, August 18th. Finally, Susquehanna cut their price target on shares of TKO Group from $224.00 to $223.00 and set a “positive” rating for the company in a report on Thursday. Fourteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $229.29.

TKO Group Company Profile

TKO Group Holdings, Inc is a global sports and entertainment company whose principal properties are UFC, the mixed martial arts organization, and WWE, the professional wrestling and sports entertainment company. TKO was formed in 2023 when Endeavor combined UFC and WWE under a single publicly traded company.

The company generates business through live events and ticket sales, media and streaming rights, sponsorships, licensing, and consumer products. UFC and WWE produce programming and events for audiences worldwide, alongside related digital content and merchandise.

TKO serves markets around the world through its events, broadcast and streaming partnerships, and commercial activities.