Ameritas Investment Partners Inc. Has $888,000 Stock Holdings in Dolby Laboratories $DLB

Ameritas Investment Partners Inc. decreased its holdings in shares of Dolby Laboratories (NYSE:DLB) by 46.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,953 shares of the electronics maker’s stock after selling 10,300 shares during the period. Ameritas Investment Partners Inc.’s holdings in Dolby Laboratories were worth $888,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. MAI Capital Management lifted its stake in Dolby Laboratories by 87.1% in the first quarter. MAI Capital Management now owns 348 shares of the electronics maker’s stock valued at $28,000 after buying an additional 162 shares during the period. Cheviot Value Management LLC bought a new stake in shares of Dolby Laboratories in the 1st quarter valued at $27,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Dolby Laboratories during the 1st quarter valued at $29,000. Allworth Financial LP boosted its stake in Dolby Laboratories by 590.4% during the second quarter. Allworth Financial LP now owns 504 shares of the electronics maker’s stock worth $37,000 after acquiring an additional 431 shares in the last quarter. Finally, Ameritas Advisory Services LLC bought a new position in Dolby Laboratories during the second quarter worth $48,000. 58.56% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

DLB has been the subject of several research analyst reports. Barrington Research decreased their price target on shares of Dolby Laboratories from $100.00 to $95.00 and set an “outperform” rating for the company in a research note on Wednesday, November 19th. Rosenblatt Securities decreased their target price on Dolby Laboratories from $95.00 to $85.00 and set a “buy” rating for the company in a research report on Wednesday, November 19th. Tigress Financial upped their price target on Dolby Laboratories from $112.00 to $114.00 and gave the stock a “buy” rating in a research note on Friday, August 15th. Robert W. Baird started coverage on Dolby Laboratories in a research note on Friday, September 5th. They issued a “neutral” rating and a $74.00 price objective for the company. Finally, Wall Street Zen lowered Dolby Laboratories from a “buy” rating to a “hold” rating in a research report on Saturday, November 22nd. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $92.00.

Dolby Laboratories Stock Performance

Shares of DLB opened at $67.07 on Friday. The stock has a 50 day moving average price of $68.21 and a two-hundred day moving average price of $72.15. The firm has a market capitalization of $6.43 billion, a P/E ratio of 24.57 and a beta of 0.97. Dolby Laboratories has a 52 week low of $64.02 and a 52 week high of $89.66.

Dolby Laboratories (NYSE:DLB) last posted its earnings results on Tuesday, November 18th. The electronics maker reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.70 by $0.29. Dolby Laboratories had a return on equity of 11.52% and a net margin of 19.62%.The company had revenue of $307.02 million for the quarter, compared to analyst estimates of $305.76 million. During the same quarter last year, the company earned $0.61 earnings per share. The company’s revenue for the quarter was up .7% on a year-over-year basis. Dolby Laboratories has set its FY 2026 guidance at 4.190-4.340 EPS. Q1 2026 guidance at 0.790-0.940 EPS. On average, equities analysts forecast that Dolby Laboratories will post 2.94 earnings per share for the current year.

Dolby Laboratories Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Tuesday, December 2nd will be issued a dividend of $0.36 per share. The ex-dividend date of this dividend is Tuesday, December 2nd. This represents a $1.44 dividend on an annualized basis and a yield of 2.1%. This is a positive change from Dolby Laboratories’s previous quarterly dividend of $0.33. Dolby Laboratories’s payout ratio is presently 54.75%.

Insider Transactions at Dolby Laboratories

In other Dolby Laboratories news, SVP Shriram Revankar sold 3,000 shares of the company’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $65.55, for a total value of $196,650.00. Following the completion of the sale, the senior vice president directly owned 67,435 shares of the company’s stock, valued at approximately $4,420,364.25. This represents a 4.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Kevin J. Yeaman sold 36,699 shares of the stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $66.91, for a total transaction of $2,455,530.09. Following the completion of the sale, the chief executive officer owned 114,725 shares of the company’s stock, valued at approximately $7,676,249.75. This trade represents a 24.24% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 95,863 shares of company stock worth $6,572,994 in the last quarter. 38.39% of the stock is currently owned by corporate insiders.

About Dolby Laboratories

Dolby Laboratories, Inc creates audio and imaging technologies that transform entertainment at the cinema, DTV transmissions and devices, mobile devices, OTT video and music services, home entertainment devices, and automobiles. The company develops and licenses its audio technologies, such as AAC & HE-AAC, a digital audio codec solution used for a range of media applications; AVC, a digital video codec with high bandwidth efficiency used in various media devices; Dolby AC-4, a digital audio coding technology that delivers new audio experiences to a range of playback devices; and Dolby Atmos technology for cinema and various media devices.