Nomura Asset Management Co. Ltd. Sells 201,786 Shares of Tencent Music Entertainment Group Sponsored ADR $TME

Posted by Brian Himes on Jun 6th, 2026

Nomura Asset Management Co. Ltd. decreased its holdings in Tencent Music Entertainment Group Sponsored ADR (NYSE:TME – Free Report) by 72.0% in the fourth quarter, Holdings Channel reports. The firm owned 78,300 shares of the company’s stock after selling 201,786 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Tencent Music Entertainment Group were worth $1,373,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of TME. Norges Bank bought a new stake in shares of Tencent Music Entertainment Group in the fourth quarter worth $94,360,000. Green Court Capital Management Ltd grew its holdings in shares of Tencent Music Entertainment Group by 467.2% in the fourth quarter. Green Court Capital Management Ltd now owns 5,893,162 shares of the company’s stock worth $108,729,000 after acquiring an additional 4,854,084 shares during the period. Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of Tencent Music Entertainment Group by 312.3% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 5,764,321 shares of the company’s stock worth $101,049,000 after acquiring an additional 4,366,226 shares during the period. Krane Funds Advisors LLC grew its holdings in shares of Tencent Music Entertainment Group by 25.4% in the third quarter. Krane Funds Advisors LLC now owns 19,020,641 shares of the company’s stock worth $421,593,000 after acquiring an additional 3,856,410 shares during the period. Finally, William Blair Investment Management LLC bought a new stake in shares of Tencent Music Entertainment Group in the third quarter worth $88,175,000. Institutional investors own 24.32% of the company’s stock.

Wall Street Analysts Forecast Growth

TME has been the subject of several research analyst reports. UBS Group reaffirmed a “neutral” rating and issued a $13.00 price objective (down from $26.00) on shares of Tencent Music Entertainment Group in a report on Wednesday, March 18th. Zacks Research raised Tencent Music Entertainment Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 19th. Barclays cut their price objective on Tencent Music Entertainment Group from $28.00 to $20.00 and set an “overweight” rating for the company in a report on Thursday, March 19th. Benchmark reaffirmed a “hold” rating on shares of Tencent Music Entertainment Group in a report on Wednesday, March 18th. Finally, Daiwa Securities Group reaffirmed a “hold” rating and issued a $12.00 price objective on shares of Tencent Music Entertainment Group in a report on Wednesday, March 18th. Six research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, Tencent Music Entertainment Group currently has an average rating of “Hold” and an average price target of $21.44.

Check Out Our Latest Report on Tencent Music Entertainment Group

Tencent Music Entertainment Group Price Performance

NYSE TME opened at $9.10 on Friday. The company has a market capitalization of $14.09 billion, a PE ratio of 11.37, a price-to-earnings-growth ratio of 0.60 and a beta of 0.80. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.08 and a current ratio of 2.09. The business’s fifty day moving average is $9.28 and its 200 day moving average is $13.82. Tencent Music Entertainment Group Sponsored ADR has a fifty-two week low of $8.44 and a fifty-two week high of $26.70.

Tencent Music Entertainment Group (NYSE:TME – Get Free Report) last released its earnings results on Tuesday, March 31st. The company reported $0.11 earnings per share for the quarter. The company had revenue of $1.15 billion for the quarter. Tencent Music Entertainment Group had a return on equity of 11.20% and a net margin of 26.45%. Sell-side analysts predict that Tencent Music Entertainment Group Sponsored ADR will post 0.9 earnings per share for the current year.

Tencent Music Entertainment Group Increases Dividend

The business also recently announced an annual dividend, which was paid on Thursday, April 23rd. Investors of record on Thursday, April 2nd were given a dividend of $0.24 per share. This represents a yield of 262.0%. This is a boost from Tencent Music Entertainment Group’s previous annual dividend of $0.18. The ex-dividend date was Thursday, April 2nd. Tencent Music Entertainment Group’s dividend payout ratio (DPR) is presently 28.75%.

About Tencent Music Entertainment Group

(Free Report)

Tencent Music Entertainment Group (NYSE: TME) is a China-based digital music and audio entertainment platform that operates a portfolio of leading music streaming and social entertainment services. Its core consumer-facing products include streaming apps, online karaoke (KTV) services and live music and entertainment broadcasts. The company monetizes its content through a mix of subscriptions, digital music sales, in-app purchases, virtual gifting, advertising and licensing arrangements with rights holders.

The company traces its roots to the consolidation of Tencent’s music assets and was established in the mid-2010s to unify several prominent music properties under a single operating entity.