Lazard (NYSE: LAZ) has recently received a number of price target changes and ratings updates:
- 7/14/2025 – Lazard had its “outperform” rating reaffirmed by analysts at Citigroup Inc..
- 7/14/2025 – Lazard had its price target raised by analysts at Keefe, Bruyette & Woods from $46.00 to $57.00. They now have a “market perform” rating on the stock.
- 7/14/2025 – Lazard was given a new $60.00 price target on by analysts at JMP Securities. They now have a “market outperform” rating on the stock.
- 7/11/2025 – Lazard had its price target raised by analysts at Wells Fargo & Company from $38.00 to $50.00. They now have an “equal weight” rating on the stock.
- 6/23/2025 – Lazard had its price target raised by analysts at Morgan Stanley from $33.00 to $45.00. They now have an “underweight” rating on the stock.
Lazard Trading Down 2.8%
Shares of LAZ opened at $52.85 on Tuesday. The business’s 50-day moving average price is $46.69 and its 200-day moving average price is $46.15. Lazard, Inc. has a twelve month low of $31.97 and a twelve month high of $61.14. The stock has a market cap of $5.96 billion, a PE ratio of 18.42 and a beta of 1.33. The company has a quick ratio of 3.24, a current ratio of 3.24 and a debt-to-equity ratio of 2.60.
Lazard (NYSE:LAZ – Get Free Report) last issued its quarterly earnings data on Friday, April 25th. The asset manager reported $0.56 EPS for the quarter, topping the consensus estimate of $0.29 by $0.27. Lazard had a return on equity of 37.64% and a net margin of 10.15%. The company had revenue of $669.16 million during the quarter, compared to analyst estimates of $698.39 million. During the same quarter in the previous year, the firm earned $0.66 earnings per share. Lazard’s revenue was down 15.3% on a year-over-year basis. On average, equities analysts forecast that Lazard, Inc. will post 4.24 EPS for the current fiscal year.
Lazard Announces Dividend
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of LAZ. Vanguard Group Inc. boosted its stake in Lazard by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 10,788,512 shares of the asset manager’s stock worth $555,393,000 after buying an additional 81,559 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in Lazard by 2,324.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 6,099,179 shares of the asset manager’s stock worth $264,096,000 after buying an additional 5,847,608 shares in the last quarter. Ariel Investments LLC boosted its stake in Lazard by 0.4% in the first quarter. Ariel Investments LLC now owns 5,619,280 shares of the asset manager’s stock worth $243,315,000 after buying an additional 21,065 shares in the last quarter. Capital Research Global Investors boosted its stake in Lazard by 5.8% in the fourth quarter. Capital Research Global Investors now owns 4,429,776 shares of the asset manager’s stock worth $228,045,000 after buying an additional 240,938 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in Lazard by 26.7% in the fourth quarter. Geode Capital Management LLC now owns 2,297,249 shares of the asset manager’s stock worth $118,294,000 after buying an additional 483,696 shares in the last quarter. Hedge funds and other institutional investors own 54.80% of the company’s stock.
Lazard, Inc, together with its subsidiaries, operates as a financial advisory and asset management firm in North and South America, Europe, the Middle East, Asia, and Australia. It operates in two segments, Financial Advisory and Asset Management. The Financial Advisory segment offers financial advisory services, such as mergers and acquisitions, capital markets, shareholder, sovereign, geopolitical advisory, and other strategic advisory services, as well as restructuring and liability management, and capital raising and placement services.
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