TKO Group (NYSE:TKO) Upgraded to "Strong-Buy" at Seaport Res Ptn

Seaport Res Ptn upgraded shares of TKO Group (NYSE:TKO - Free Report) from a hold rating to a strong-buy rating in a report issued on Tuesday,Zacks.com reports. Seaport Res Ptn also issued estimates for TKO Group's Q1 2025 earnings at $0.44 EPS, Q2 2025 earnings at $0.91 EPS, Q3 2025 earnings at $0.53 EPS, Q3 2025 earnings at $0.96 EPS, Q4 2025 earnings at $0.35 EPS, FY2025 earnings at $2.20 EPS, Q1 2026 earnings at $0.87 EPS, Q2 2026 earnings at $1.15 EPS, Q3 2026 earnings at $1.04 EPS, Q4 2026 earnings at $0.47 EPS, FY2026 earnings at $3.51 EPS and FY2026 earnings at $5.44 EPS.

TKO has been the subject of a number of other reports. The Goldman Sachs Group increased their price objective on TKO Group from $142.00 to $165.00 and gave the stock a "buy" rating in a research report on Friday, January 24th. JPMorgan Chase & Co. increased their price target on TKO Group from $137.00 to $158.00 and gave the stock an "overweight" rating in a report on Thursday, December 12th. Morgan Stanley boosted their price objective on shares of TKO Group from $128.00 to $160.00 and gave the company an "equal weight" rating in a research note on Monday, February 24th. UBS Group upped their price objective on shares of TKO Group from $135.00 to $170.00 and gave the stock a "buy" rating in a research report on Tuesday, January 7th. Finally, Guggenheim lifted their target price on shares of TKO Group from $170.00 to $175.00 and gave the company a "buy" rating in a report on Thursday, February 27th. Two analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $157.00.

Remove Ads

TKO Group Stock Performance

Shares of NYSE:TKO traded down $1.82 on Tuesday, reaching $141.91. The company's stock had a trading volume of 2,456,437 shares, compared to its average volume of 980,674. TKO Group has a 52-week low of $79.32 and a 52-week high of $179.09. The stock has a market capitalization of $24.23 billion, a P/E ratio of -337.89 and a beta of 1.08. The stock's 50-day moving average is $153.64 and its two-hundred day moving average is $136.37. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.17 and a quick ratio of 1.17.

TKO Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 1.07%. The ex-dividend date is Friday, March 14th. TKO Group's dividend payout ratio (DPR) is 7,600.00%.

Insider Buying and Selling

In other TKO Group news, CAO Shane Kapral sold 1,034 shares of the company's stock in a transaction dated Friday, January 3rd. The shares were sold at an average price of $141.94, for a total value of $146,765.96. Following the sale, the chief accounting officer now owns 2,225 shares of the company's stock, valued at $315,816.50. This represents a 31.73 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Patrick Whitesell acquired 263,200 shares of the company's stock in a transaction dated Monday, December 16th. The shares were acquired at an average cost of $146.97 per share, with a total value of $38,682,504.00. Following the completion of the purchase, the insider now owns 418,587 shares in the company, valued at approximately $61,519,731.39. This represents a 169.38 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders have bought 2,498,297 shares of company stock worth $387,671,461 and have sold 71,457 shares worth $10,153,456. Insiders own 53.80% of the company's stock.

Institutional Trading of TKO Group

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Smartleaf Asset Management LLC raised its stake in TKO Group by 559.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 178 shares of the company's stock valued at $26,000 after purchasing an additional 151 shares during the last quarter. Geneos Wealth Management Inc. purchased a new stake in shares of TKO Group during the fourth quarter worth about $32,000. First Horizon Advisors Inc. raised its position in shares of TKO Group by 491.5% in the third quarter. First Horizon Advisors Inc. now owns 278 shares of the company's stock valued at $34,000 after buying an additional 231 shares during the last quarter. Game Plan Financial Advisors LLC lifted its stake in shares of TKO Group by 172.2% during the fourth quarter. Game Plan Financial Advisors LLC now owns 245 shares of the company's stock valued at $35,000 after buying an additional 155 shares during the period. Finally, SBI Securities Co. Ltd. purchased a new position in shares of TKO Group during the fourth quarter valued at approximately $38,000. 89.79% of the stock is currently owned by hedge funds and other institutional investors.

About TKO Group

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.