TKO Group Holdings, Inc. (NYSE:TKO) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of TKO Group Holdings, Inc. (NYSE:TKO) have been assigned a consensus rating of “Moderate Buy” from the twenty ratings firms that are covering the firm, MarketBeat reports. Six investment analysts have rated the stock with a hold recommendation and fourteen have given a buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $227.7333.

A number of equities analysts have recently issued reports on TKO shares. JPMorgan Chase & Co. upped their price objective on TKO Group from $220.00 to $225.00 and gave the stock an “overweight” rating in a report on Wednesday, January 21st. Wolfe Research reaffirmed an “outperform” rating and issued a $227.00 target price on shares of TKO Group in a research note on Monday, December 15th. Arete Research raised shares of TKO Group to a “hold” rating in a research note on Wednesday, October 15th. TD Cowen restated a “buy” rating on shares of TKO Group in a report on Monday, December 8th. Finally, Susquehanna reaffirmed a “positive” rating and set a $251.00 target price on shares of TKO Group in a report on Monday, January 19th.

Insider Buying and Selling

In related news, insider Seth D. Krauss sold 14,016 shares of the stock in a transaction dated Wednesday, January 21st. The stock was sold at an average price of $201.22, for a total transaction of $2,820,299.52. Following the completion of the sale, the insider directly owned 2,271 shares in the company, valued at $456,970.62. This represents a 86.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Mark S. Shapiro sold 32,022 shares of the firm’s 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 transaction, the insider owned 104,842 shares in the company, valued at approximately $21,396,155.36. The trade was a 23.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 167,862 shares of company stock worth $34,020,148 in the last ninety days. Corporate insiders own 61.30% of the company’s stock.

Institutional Investors Weigh In On TKO Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TKO. Congress Asset Management Co. grew its position in TKO Group by 20.9% during the 3rd quarter. Congress Asset Management Co. now owns 545,079 shares of the company’s stock valued at $110,084,000 after purchasing an additional 94,100 shares during the last quarter. Moran Wealth Management LLC grew its holdings in shares of TKO Group by 95.2% during the third quarter. Moran Wealth Management LLC now owns 39,043 shares of the company’s stock valued at $7,885,000 after buying an additional 19,040 shares during the last quarter. Nisa Investment Advisors LLC grew its holdings in shares of TKO Group by 558.3% during the third quarter. Nisa Investment Advisors LLC now owns 33,342 shares of the company’s stock valued at $6,734,000 after buying an additional 28,277 shares during the last quarter. Rakuten Investment Management Inc. bought a new stake in shares of TKO Group during the third quarter valued at approximately $2,678,000. Finally, First Citizens Bank & Trust Co. raised its holdings in TKO Group by 387.1% in the 2nd quarter. First Citizens Bank & Trust Co. now owns 7,691 shares of the company’s stock worth $1,399,000 after acquiring an additional 6,112 shares during the last quarter. 89.79% of the stock is currently owned by institutional investors.

TKO Group Stock Performance

TKO Group stock opened at $207.85 on Friday. TKO Group has a fifty-two week low of $133.07 and a fifty-two week high of $218.11. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.46 and a current ratio of 1.46. The stock has a market cap of $40.55 billion, a P/E ratio of 79.64 and a beta of 0.65. The firm’s fifty day moving average price is $205.19 and its 200-day moving average price is $192.91.

TKO Group (NYSE:TKO) last announced its earnings results on Wednesday, November 5th. The company reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.11). TKO Group had a return on equity of 2.57% and a net margin of 5.27%.The company had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.12 billion. During the same quarter last year, the firm posted $0.28 earnings per share. The firm’s revenue was down 27.3% on a year-over-year basis. On average, equities research analysts expect that TKO Group will post 3.88 earnings per share for the current fiscal year.

TKO Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Monday, December 15th were paid a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a dividend yield of 1.5%. This is an increase from TKO Group’s previous quarterly dividend of $0.76. The ex-dividend date of this dividend was Monday, December 15th. TKO Group’s payout ratio is 119.54%.

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.