15,249 Shares in TKO Group Holdings, Inc. $TKO Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of TKO Group Holdings, Inc. (NYSE:TKO) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 15,249 shares of the company’s stock, valued at approximately $2,741,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Cornerstone Planning Group LLC lifted its position in TKO Group by 543.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 148 shares of the company’s stock worth $28,000 after buying an additional 125 shares in the last quarter. Ameritas Advisory Services LLC purchased a new position in shares of TKO Group during the 2nd quarter valued at $43,000. Summit Securities Group LLC grew its holdings in shares of TKO Group by 211.1% during the 1st quarter. Summit Securities Group LLC now owns 308 shares of the company’s stock valued at $62,000 after acquiring an additional 209 shares in the last quarter. AlphaCentric Advisors LLC purchased a new position in shares of TKO Group during the 1st quarter valued at $99,000. Finally, Allworth Financial LP increased its stake in shares of TKO Group by 12.2% in the second quarter. Allworth Financial LP now owns 615 shares of the company’s stock worth $124,000 after acquiring an additional 67 shares during the last quarter. Institutional investors and hedge funds own 89.79% of the company’s stock.

More TKO Group News

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

TKO Group Stock Up 0.6%

Shares of TKO traded up $1.06 during mid-day trading on Friday, hitting $190.20. 1,670,246 shares of the company’s stock were exchanged, compared to its average volume of 920,042. The stock has a market cap of $36.00 billion, a price-to-earnings ratio of 51.27 and a beta of 0.66. The firm has a fifty day moving average of $182.63 and a two-hundred day moving average of $193.10. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.58. TKO Group Holdings, Inc. has a twelve month low of $170.14 and a twelve month high of $226.94.

TKO Group (NYSE:TKO) last released its quarterly earnings data on Wednesday, November 4th. The company reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.13. The business had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.38 billion. TKO Group had a net margin of 4.33% and a return on equity of 2.67%. TKO Group’s quarterly revenue was up 21.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.47 EPS. On average, sell-side analysts forecast that TKO Group Holdings, Inc. will post 4.51 earnings per share for the current year.

TKO Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were given a $0.79 dividend. 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 payout ratio is currently 85.18%.

Insider Buying and Selling

In related news, CEO Ariel Emanuel sold 24,702 shares of the firm’s 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 $4,801,821.78. Following the transaction, the chief executive officer directly owned 174,334 shares of the company’s stock, valued at approximately $33,888,786.26. This trade represents a 12.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Nick Khan sold 9,189 shares of the business’s stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $175.19, for a total value of $1,609,820.91. Following the completion of the sale, the director owned 20,162 shares of the company’s stock, valued at approximately $3,532,180.78. This trade represents a 31.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 97,325 shares of company stock worth $18,798,012 over the last ninety days. 64.30% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on TKO shares. Rothschild & Co Redburn increased their price objective on TKO Group from $220.00 to $225.00 in a report on Wednesday, August 5th. Robert W. Baird lowered their target price on TKO Group from $275.00 to $250.00 and set an “outperform” rating on the stock in a research note on Tuesday, August 18th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of TKO Group in a research report on Monday. Guggenheim raised their price target on TKO Group from $228.00 to $240.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Seaport Research Partners reaffirmed a “buy” rating on shares of TKO Group in a research note on Friday, October 9th. Fourteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, TKO Group presently has an average rating of “Moderate Buy” and a consensus price target 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.