TD Private Client Wealth LLC Raises Stock Position in TKO Group Holdings, Inc. $TKO

Key Points

• TD Private Client Wealth LLC dramatically increased its stake in TKO Group by 4,300.7% in the fourth quarter, ending with 6,601 shares valued at about $1.38 million.
• Wall Street sentiment on TKO remains broadly constructive: 11 analysts rate it a Buy, seven a Hold, and the consensus price target is $233.73, with several firms recently adjusting ratings and targets.
• TKO reported solid quarterly results, posting $1.12 EPS on $1.60 billion in revenue, both slightly ahead of expectations, while revenue rose 25.9% year over year.

TD Private Client Wealth LLC lifted its holdings in shares of TKO Group Holdings, Inc. (NYSE:TKO - Free Report) by 4,300.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,601 shares of the company's stock after acquiring an additional 6,451 shares during the quarter. TD Private Client Wealth LLC's holdings in TKO Group were worth $1,380,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in TKO. Elyxium Wealth LLC purchased a new position in TKO Group in the fourth quarter valued at about $27,000. Torren Management LLC purchased a new stake in shares of TKO Group in the fourth quarter worth about $32,000. Aventura Private Wealth LLC acquired a new stake in shares of TKO Group in the fourth quarter valued at about $35,000. Atlantic Union Bankshares Corp raised its holdings in shares of TKO Group by 1,680.0% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 178 shares of the company's stock valued at $36,000 after buying an additional 168 shares during the period. Finally, CYBER HORNET ETFs LLC purchased a new stake in shares of TKO Group during the 2nd quarter valued at about $34,000. 89.79% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on TKO. Wall Street Zen upgraded TKO Group from a "sell" rating to a "hold" rating in a report on Saturday, May 9th. Citigroup cut shares of TKO Group from a "strong-buy" rating to a "hold" rating in a research report on Monday, April 13th. Sanford C. Bernstein decreased their target price on shares of TKO Group from $250.00 to $240.00 and set an "outperform" rating for the company in a research note on Monday, April 27th. TD Cowen raised their price target on shares of TKO Group from $245.00 to $250.00 and gave the company a "buy" rating in a report on Wednesday, March 11th. Finally, UBS Group lifted their price target on shares of TKO Group from $235.00 to $238.00 and gave the stock a "buy" rating in a research note on Thursday, February 26th. Eleven analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $233.73.

TKO Group News Roundup

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

• Positive Sentiment: TKO continues to expand its live-events footprint, including a multi-year Arizona partnership for UFC, WWE, PBR, and Zuffa Boxing events, which supports long-term revenue visibility and venue-driven growth. TKO Group (TKO) Announces Multi-Year Arizona Events Partnership
• Positive Sentiment: UFC’s announced return to Abu Dhabi with a major Fight Night on July 25 suggests continued international demand for TKO’s combat sports events and could help ticketing, sponsorship, and media exposure. UFC Makes Its Return to Abu Dhabi With a Blockbuster Fight Night on July 25
• Positive Sentiment: Mark Shapiro and Ari Emanuel buying minority stakes in the NFL’s Las Vegas Raiders may be viewed as a signal of confidence in their sports-media brand and broader industry relationships. TKO Group's Mark Shapiro and Ari Emanuel buying minority stakes in NFL's Las Vegas Raiders
• Neutral Sentiment: At a JPMorgan conference, TKO discussed its strategy and outlook; these appearances can reassure investors, but the transcript does not appear to include a major new financial catalyst. TKO Group Holdings, Inc. (TKO) Presents at J.P. Morgan 54th Annual Global Technology Media and Communications Conference Transcript
• Neutral Sentiment: Analyst estimates and ratings coverage may keep attention on valuation, but the item is informational rather than a clear earnings or guidance update. TKO Group stock: Analyst estimates & ratings
• Negative Sentiment: Mark Shapiro’s comments that WWE’s WrestleMania Las Vegas return may have been a mistake could raise concern about execution on a marquee event, even if it is framed as hindsight. TKO’s Mark Shapiro Admits WWE WrestleMania Las Vegas Return May Have Been a Mistake
• Negative Sentiment: Management is also monitoring geopolitical risk ahead of an upcoming Saudi Arabia event, which highlights potential disruption risk to the live-events calendar. TKO monitoring Iran conflict ahead of upcoming WWE Saudi Arabia event

TKO Group Price Performance

TKO stock opened at $192.79 on Wednesday. The stock's 50 day moving average is $192.81 and its two-hundred day moving average is $198.78. TKO Group Holdings, Inc. has a 52-week low of $152.29 and a 52-week high of $226.94. The company has a market capitalization of $37.42 billion, a PE ratio of 71.94 and a beta of 0.57. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.57.

TKO Group (NYSE:TKO - Get Free Report) last released its earnings results on Wednesday, May 6th. The company reported $1.12 EPS for the quarter, beating the consensus estimate of $1.11 by $0.01. The company had revenue of $1.60 billion during the quarter, compared to analysts' expectations of $1.59 billion. TKO Group had a return on equity of 2.49% and a net margin of 4.47%.The business's revenue was up 25.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.69 EPS. Analysts predict that TKO Group Holdings, Inc. will post 5 earnings per share for the current fiscal year.

TKO Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were issued a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Monday, March 16th. TKO Group's dividend payout ratio (DPR) is currently 116.42%.

Insider Buying and Selling

In related news, CEO Ariel Emanuel bought 10,805 shares of the company's stock in a transaction dated Wednesday, May 13th. The stock was bought at an average price of $185.09 per share, with a total value of $1,999,897.45. Following the transaction, the chief executive officer owned 154,655 shares of the company's stock, valued at approximately $28,625,093.95. This trade represents a 7.51% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Nick Khan sold 9,518 shares of the stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $185.99, for a total transaction of $1,770,252.82. Following the transaction, the director directly owned 91,100 shares in the company, valued at $16,943,689. The trade was a 9.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have purchased 24,308 shares of company stock worth $4,499,679 and have sold 30,040 shares worth $6,073,793. Company insiders own 53.80% of the company's stock.

TKO Group Company 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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