Vanguard Group Inc. Sells 300,870 Shares of TKO Group Holdings, Inc. $TKO

Key Points

• Vanguard trimmed its TKO stake by 3.9% in Q4, selling 300,870 shares and now holds 7,458,623 shares (about 3.82% of the company) worth roughly $1.559 billion.
• Q4 results missed on profit — EPS of ($0.08) vs. $0.12 expected — though revenue rose 11.9% to $1.04 billion; the stock trades at a P/E of 82.8 with a $36.18 billion market cap and a 12‑month range of $152.29–$226.94.
• TKO recently paid a $0.78 quarterly dividend (annualized $3.12, yield 1.7%) despite a 138.7% payout ratio, insiders sold 22,370 shares (~$4.69M) in the last three months, and analysts' consensus is a "Moderate Buy" with an average target of $231.63.

Vanguard Group Inc. decreased its holdings in shares of TKO Group Holdings, Inc. (NYSE:TKO - Free Report) by 3.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,458,623 shares of the company's stock after selling 300,870 shares during the period. Vanguard Group Inc. owned about 3.82% of TKO Group worth $1,558,852,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Cromwell Holdings LLC boosted its holdings in TKO Group by 1,360.0% in the 3rd quarter. Cromwell Holdings LLC now owns 146 shares of the company's stock worth $29,000 after buying an additional 136 shares during the period. CYBER HORNET ETFs LLC bought a new position in TKO Group in the 2nd quarter worth $34,000. Aventura Private Wealth LLC bought a new position in TKO Group in the 4th quarter worth $35,000. MUFG Securities EMEA plc bought a new position in TKO Group in the 2nd quarter worth $36,000. Finally, Atlantic Union Bankshares Corp boosted its holdings 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 buying an additional 168 shares during the period. Institutional investors own 89.79% of the company's stock.

TKO Group Stock Up 1.4%

Shares of NYSE TKO opened at $186.37 on Friday. The firm's 50-day moving average price is $198.46 and its 200-day moving average price is $198.59. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $36.18 billion, a price-to-earnings ratio of 82.83 and a beta of 0.69. TKO Group Holdings, Inc. has a 12-month low of $152.29 and a 12-month high of $226.94.

TKO Group (NYSE:TKO - Get Free Report) last announced its earnings results 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). The business had revenue of $1.04 billion for the quarter, compared to analysts' expectations of $1.02 billion. TKO Group had a net margin of 4.13% and a return on equity of 2.07%. The firm's quarterly revenue was up 11.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.28 earnings per share. On average, equities research analysts anticipate that TKO Group Holdings, Inc. will post 4.57 EPS for the current fiscal year.

TKO Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were given a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Monday, March 16th. TKO Group's dividend payout ratio is 138.67%.

Insider Transactions at TKO Group

In related news, Director Nick Khan sold 9,518 shares of the stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $198.59, for a total value of $1,890,179.62. Following the sale, the director directly owned 100,618 shares of the company's stock, valued at $19,981,728.62. This represents a 8.64% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Shane Kapral sold 254 shares of the stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $199.15, for a total transaction of $50,584.10. Following the completion of the sale, the chief financial officer directly owned 99 shares in the company, valued at $19,715.85. This trade represents a 71.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 22,370 shares of company stock worth $4,686,440 over the last three months. 61.30% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. BTIG Research dropped their target price on shares of TKO Group from $250.00 to $237.00 and set a "buy" rating for the company in a report on Thursday, February 19th. Wall Street Zen cut shares of TKO Group from a "hold" rating to a "sell" rating in a research note 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. Pivotal Research boosted their price target on shares of TKO Group from $235.00 to $250.00 and gave the stock a "buy" rating in a research note on Thursday, February 26th. Finally, Wolfe Research reiterated a "peer perform" rating on shares of TKO Group in a research note on Thursday, March 5th. Twelve investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $231.63.

About TKO Group

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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