Key Points
- CFO Shane Kapral sold 254 shares on Nov. 17 at an average of $183.56 for $46,624.24, reducing his holding by 10.02% to 2,282 shares valued at about $418,884.
- TKO authorized a $1.00 billion share repurchase program (about 2.5% of outstanding shares) and doubled its quarterly dividend to $0.76 ($3.04 annualized, ~1.6% yield), though the payout ratio is roughly 116.5%.
- The company missed quarterly EPS with $0.47 versus $0.58 expected and revenue fell ~27.3% year‑over‑year; analysts maintain a "Moderate Buy" consensus with a $222.23 average target.
TKO Group Holdings, Inc. (NYSE:TKO - Get Free Report) CFO Shane Kapral sold 254 shares of the business's stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $183.56, for a total transaction of $46,624.24. Following the sale, the chief financial officer directly owned 2,282 shares in the company, valued at approximately $418,883.92. This represents a 10.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
TKO Group Stock Performance
Shares of TKO stock traded up $1.90 during mid-day trading on Wednesday, reaching $188.46. The stock had a trading volume of 1,193,253 shares, compared to its average volume of 1,273,811. TKO Group Holdings, Inc. has a 1-year low of $130.16 and a 1-year high of $212.49. The firm has a market cap of $37.37 billion, a price-to-earnings ratio of 77.88 and a beta of 0.72. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.28. The business's fifty day moving average is $191.67 and its 200-day moving average is $179.30.
TKO Group (NYSE:TKO - Get Free Report) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $0.47 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.11). TKO Group had a net margin of 5.40% and a return on equity of 2.82%. The business had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.12 billion. During the same quarter in the previous year, the firm posted $0.28 earnings per share. The business's revenue was down 27.3% on a year-over-year basis. TKO Group has set its FY 2025 guidance at EPS. On average, research analysts forecast that TKO Group Holdings, Inc. will post 3.88 earnings per share for the current year.
TKO Group announced that its Board of Directors has approved a share repurchase program on Monday, September 15th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the company to buy up to 2.5% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's leadership believes its shares are undervalued.
TKO Group Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were issued a $0.76 dividend. This is a boost from TKO Group's previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Monday, September 15th. This represents a $3.04 annualized dividend and a dividend yield of 1.6%. TKO Group's payout ratio is presently 116.48%.
Institutional Trading of TKO Group
Institutional investors have recently modified their holdings of the stock. Hartford Investment Management Co. purchased a new stake in shares of TKO Group in the 1st quarter valued at approximately $623,000. Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in TKO Group by 368.8% during the 2nd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 49,186 shares of the company's stock worth $8,949,000 after buying an additional 38,695 shares in the last quarter. Ninety One UK Ltd grew its stake in shares of TKO Group by 14.4% in the second quarter. Ninety One UK Ltd now owns 4,850,006 shares of the company's stock worth $882,459,000 after acquiring an additional 611,233 shares in the last quarter. Pinnacle Associates Ltd. purchased a new stake in shares of TKO Group during the first quarter worth $6,977,000. Finally, Hawk Ridge Capital Management LP increased its stake in TKO Group by 2.1% in the first quarter. Hawk Ridge Capital Management LP now owns 734,274 shares of the company's stock valued at $112,204,000 after purchasing an additional 14,760 shares during the last quarter. Institutional investors and hedge funds own 89.79% of the company's stock.
Analyst Upgrades and Downgrades
Several research analysts recently weighed in on TKO shares. BTIG Research reiterated a "buy" rating and set a $235.00 price target on shares of TKO Group in a research report on Tuesday. Guggenheim lifted their target price on shares of TKO Group from $205.00 to $225.00 and gave the company a "buy" rating in a report on Friday, October 3rd. Arete Research raised shares of TKO Group to a "hold" rating in a report on Wednesday, October 15th. Seaport Res Ptn upgraded shares of TKO Group from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, October 15th. Finally, Zacks Research downgraded shares of TKO Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, November 4th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, TKO Group presently has a consensus rating of "Moderate Buy" and a consensus target price of $222.23.
Check Out Our Latest Research Report on TKO Group
TKO Group Company Profile
(
Get Free Report)
TKO Group Holdings, Inc operates as a sports and entertainment company. The company produces and licenses live events, television programs, and long-form and short-form content, reality series, and other filmed entertainment on digital and linear channels and via pay-per-view. It is involved in the merchandising of video games, apparel, equipment, trading cards, memorabilia, digital goods, and toys, as well as sale of travel packages and tickets.
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