134,647 TKO Group Holdings, Inc. $TKO Shares Bought by Bahl & Gaynor LLC

Bahl & Gaynor LLC boosted its position in shares of TKO Group Holdings, Inc. (NYSE:TKO) by 36.1% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 508,038 shares of the company’s stock after buying an additional 134,647 shares during the quarter. Bahl & Gaynor LLC’s holdings in TKO Group were worth $91,305,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in TKO. Cornerstone Planning Group LLC grew its holdings 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 acquiring an additional 125 shares during the last quarter. Ameritas Advisory Services LLC bought a new position in shares of TKO Group during the second quarter valued at about $43,000. Heritage Family Offices LLP bought a new position in shares of TKO Group during the third quarter valued at about $44,000. AlphaCentric Advisors LLC purchased a new stake in shares of TKO Group during the first quarter worth about $99,000. Finally, Allworth Financial LP boosted its holdings in shares of TKO Group by 12.2% during the second quarter. Allworth Financial LP now owns 615 shares of the company’s stock worth $124,000 after purchasing an additional 67 shares during the period. Hedge funds and other institutional investors own 89.79% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on TKO shares. Susquehanna cut their target price on TKO Group from $224.00 to $223.00 and set a “positive” rating on the stock in a research note on Thursday, November 5th. Rothschild & Co Redburn upped their price target on TKO Group from $220.00 to $225.00 in a research report on Wednesday, August 5th. Zacks Research upgraded TKO Group from a “hold” rating to a “strong-buy” rating in a report on Friday, November 6th. JPMorgan Chase & Co. dropped their price objective on TKO Group from $225.00 to $222.00 and set an “overweight” rating for the company in a report on Tuesday, July 21st. Finally, Sanford C. Bernstein lifted their price objective on TKO Group from $235.00 to $240.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 16th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $229.29.

Trending Headlines about TKO Group

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

• Positive Sentiment: TKO’s earnings-call recap highlighted UFC growth and a raised outlook, supporting the view that operating momentum is improving. TKO Earnings Call Highlights UFC Growth and Raised Outlook
• Positive Sentiment: Zacks upgraded TKO to Rank #1 (Strong Buy), citing optimism about earnings prospects; this may bolster near-term investor sentiment. TKO Group Upgraded to Strong Buy
• Neutral Sentiment: TKO priced a $1 billion senior secured notes offering. The financing provides capital, but the added debt and secured status could increase interest obligations and financial risk; the articles do not specify how proceeds will be used. TKO Announces Pricing Details For Senior Secured Notes Offering

Insider Transactions at TKO Group

In other TKO Group news, CEO Ariel Emanuel sold 24,702 shares of TKO Group stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $194.39, for a total transaction of $4,801,821.78. Following the sale, the chief executive officer directly owned 174,334 shares of the company’s stock, valued at approximately $33,888,786.26. The trade was a 12.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Mark Shapiro sold 19,120 shares of the company’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 $3,716,736.80. Following the transaction, the insider owned 147,071 shares in the company, valued at $28,589,131.69. This trade represents a 11.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 97,325 shares of company stock valued at $18,798,012. Insiders own 64.30% of the company’s stock.

TKO Group Trading Down 0.2%

NYSE:TKO opened at $199.24 on Wednesday. The company has a 50-day moving average price of $183.24 and a 200-day moving average price of $193.07. The stock has a market cap of $37.71 billion, a price-to-earnings ratio of 53.70 and a beta of 0.66. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.58. TKO Group Holdings, Inc. has a 12 month low of $170.14 and a 12 month high of $226.94.

TKO Group (NYSE:TKO) last announced its quarterly earnings results 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. TKO Group had a net margin of 5.19% and a return on equity of 3.35%. The company had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.38 billion. During the same quarter in the previous year, the company earned $0.47 earnings per share. TKO Group’s quarterly revenue was up 21.4% on a year-over-year basis. Equities analysts predict that TKO Group Holdings, Inc. will post 7.04 EPS for the current year.

TKO Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were issued a $0.79 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $3.16 annualized dividend and a yield of 1.6%. TKO Group’s dividend payout ratio (DPR) is 85.18%.

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.