Aristotle Capital Boston LLC Reduces Stock Position in TKO Group Holdings, Inc. $TKO

Key Points

• Aristotle Capital Boston LLC cut its stake in TKO by 39.2% in Q3, selling 97,705 shares and now holds 151,498 shares valued at about $30.6 million (TKO is its 14th-largest holding).
• Insiders have been net sellers recently—169,563 shares sold in the last 90 days valued at $34.6 million—though insiders still own 61.3% of the company.
• TKO reported an EPS miss (‑$0.08 vs. $0.12 expected) while revenue rose 11.9% to $1.04 billion; it announced a $0.78 quarterly dividend (annual $3.12, 1.6% yield) and carries a consensus analyst rating of "Moderate Buy" with a $231.73 target.

Aristotle Capital Boston LLC trimmed its holdings in TKO Group Holdings, Inc. (NYSE:TKO - Free Report) by 39.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 151,498 shares of the company's stock after selling 97,705 shares during the period. TKO Group comprises approximately 1.6% of Aristotle Capital Boston LLC's holdings, making the stock its 14th largest holding. Aristotle Capital Boston LLC owned about 0.08% of TKO Group worth $30,597,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in TKO. Cromwell Holdings LLC grew its position in shares of TKO Group by 1,360.0% during the third quarter. Cromwell Holdings LLC now owns 146 shares of the company's stock worth $29,000 after buying an additional 136 shares in the last quarter. Atlantic Union Bankshares Corp raised its holdings in TKO Group by 1,680.0% in the third quarter. Atlantic Union Bankshares Corp now owns 178 shares of the company's stock valued at $36,000 after acquiring an additional 168 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new stake in TKO Group in the second quarter valued at $34,000. Mather Group LLC. bought a new position in TKO Group during the 3rd quarter valued at $38,000. Finally, Whittier Trust Co. of Nevada Inc. boosted its stake in TKO Group by 57.7% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 194 shares of the company's stock valued at $38,000 after acquiring an additional 71 shares during the last quarter. 89.79% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on TKO shares. Weiss Ratings reissued a "hold (c)" rating on shares of TKO Group in a research report on Monday, December 29th. Wall Street Zen cut shares of TKO Group from a "hold" rating to a "sell" rating in a research report on Saturday, March 7th. Susquehanna reiterated a "positive" rating and issued a $251.00 price target on shares of TKO Group in a research note on Monday, January 19th. Morgan Stanley set a $210.00 price objective on TKO Group in a report on Thursday, December 18th. Finally, Sanford C. Bernstein upped their price objective on TKO Group from $230.00 to $250.00 and gave the company an "outperform" rating in a research note on Thursday, February 19th. Thirteen research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $231.73.

TKO Group Stock Down 3.3%

Shares of NYSE:TKO opened at $194.53 on Friday. The stock has a market capitalization of $37.76 billion, a price-to-earnings ratio of 86.46 and a beta of 0.66. TKO Group Holdings, Inc. has a 1-year low of $133.07 and a 1-year high of $226.94. The company's fifty day moving average is $206.59 and its two-hundred day moving average is $199.38. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.26 and a current ratio of 1.26.

TKO Group (NYSE:TKO - Get Free Report) last posted its quarterly earnings results on Wednesday, February 25th. The company reported ($0.08) 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 business had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.02 billion. During the same period last year, the firm posted $0.28 earnings per share. The company's quarterly revenue was up 11.9% on a year-over-year basis. Equities analysts anticipate that TKO Group Holdings, Inc. will post 3.88 EPS for the current year.

TKO Group Announces Dividend

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

Insider Buying and Selling

In other TKO Group news, insider Mark S. Shapiro sold 32,022 shares of TKO Group stock in a transaction that occurred 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 transaction, the insider directly owned 104,842 shares in the company, valued at $21,396,155.36. The trade was a 23.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Seth D. Krauss sold 14,016 shares of the company's stock in a transaction that occurred on Wednesday, January 21st. The shares were sold at an average price of $201.22, for a total value of $2,820,299.52. Following the transaction, the insider directly owned 2,271 shares of the company's stock, valued at $456,970.62. This trade represents a 86.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 169,563 shares of company stock valued at $34,641,917. 61.30% of the stock is currently owned by insiders.

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.

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