TENCENT MUSIC ENTERTAINMENT ($TME) posted quarterly earnings results for Q2 2026 on Tuesday, August 11th. The company reported earnings of $1.69 per share, beating estimates of $1.62 by $0.07. The company also reported revenue of $8,885,272,200, beating estimates of $8,866,154,144 by $19,118,056.
You can see Quiver Quantitative's $TME stock page to track data on insider trading, hedge fund activity, congressional trading, and more.
TENCENT MUSIC ENTERTAINMENT Hedge Fund Activity
We have seen 152 institutional investors add shares of TENCENT MUSIC ENTERTAINMENT stock to their portfolio, and 180 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ARGA INVESTMENT MANAGEMENT, LP added 18,186,510 shares (+inf%) to their portfolio in Q2 2026, for an estimated $151,857,358
- CANTILLON CAPITAL MANAGEMENT LLC removed 13,382,595 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $111,744,668
- CAPITAL WORLD INVESTORS removed 7,030,660 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $65,244,524
- HIMALAYA CAPITAL MANAGEMENT LLC added 6,590,836 shares (+inf%) to their portfolio in Q1 2026, for an estimated $61,162,958
- FMR LLC removed 5,217,032 shares (-30.2%) from their portfolio in Q1 2026, for an estimated $48,414,056
- VOLORIDGE INVESTMENT MANAGEMENT, LLC added 5,148,885 shares (+1003.6%) to their portfolio in Q1 2026, for an estimated $47,781,652
- BAILLIE GIFFORD & CO removed 4,410,286 shares (-33.8%) from their portfolio in Q2 2026, for an estimated $36,825,888
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
TENCENT MUSIC ENTERTAINMENT Price Targets
Multiple analysts have issued price targets for $TME recently. We have seen 5 analysts offer price targets for $TME in the last 6 months, with a median target of $14.1.
Here are some recent targets:
- Alex Yao from JP Morgan set a target price of $10.0 on 05/14/2026
- Wei Fang from Mizuho set a target price of $18.0 on 05/13/2026
- Jiong Shao from Barclays set a target price of $20.0 on 03/19/2026
- Wei Xiong from UBS set a target price of $13.0 on 03/18/2026
- Ellie Jiang from Macquarie set a target price of $14.1 on 03/05/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
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