D.A. Davidson & CO. Buys 38,173 Shares of Comcast Corporation $CMCSA

D.A. Davidson & CO. lifted its stake in shares of Comcast Corporation (NASDAQ:CMCSA) by 26.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 179,913 shares of the cable giant’s stock after purchasing an additional 38,173 shares during the quarter. D.A. Davidson & CO.’s holdings in Comcast were worth $5,653,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bigelow Investment Advisors LLC grew its stake in shares of Comcast by 10.8% during the third quarter. Bigelow Investment Advisors LLC now owns 7,726 shares of the cable giant’s stock worth $243,000 after buying an additional 755 shares during the last quarter. Motco boosted its holdings in shares of Comcast by 0.4% during the 3rd quarter. Motco now owns 126,022 shares of the cable giant’s stock valued at $3,960,000 after acquiring an additional 524 shares in the last quarter. River Street Advisors LLC boosted its holdings in shares of Comcast by 5.9% during the 3rd quarter. River Street Advisors LLC now owns 12,955 shares of the cable giant’s stock valued at $407,000 after acquiring an additional 717 shares in the last quarter. Harbor Island Capital LLC raised its position in Comcast by 43.2% in the third quarter. Harbor Island Capital LLC now owns 310,401 shares of the cable giant’s stock valued at $9,753,000 after purchasing an additional 93,608 shares during the last quarter. Finally, Fifth Third Wealth Advisors LLC boosted its stake in shares of Comcast by 6.9% during the third quarter. Fifth Third Wealth Advisors LLC now owns 68,524 shares of the cable giant’s stock valued at $2,153,000 after purchasing an additional 4,399 shares in the last quarter. Institutional investors own 84.32% of the company’s stock.

Wall Street Analyst Weigh In

CMCSA has been the subject of several recent research reports. Bank of America lowered their price objective on Comcast from $38.00 to $36.00 and set a “neutral” rating for the company in a research note on Monday, September 29th. Citigroup decreased their price target on shares of Comcast from $39.00 to $35.00 and set a “buy” rating for the company in a research report on Friday, October 31st. Rosenblatt Securities cut their price target on shares of Comcast from $33.00 to $30.00 and set a “neutral” rating on the stock in a report on Monday, December 1st. Moffett Nathanson reduced their price objective on shares of Comcast from $58.00 to $53.00 and set a “buy” rating on the stock in a research note on Thursday, November 13th. Finally, Arete Research set a $23.00 target price on Comcast in a research report on Tuesday. Eleven research analysts have rated the stock with a Buy rating, twenty-one have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Comcast presently has a consensus rating of “Hold” and a consensus price target of $35.37.

Comcast Price Performance

Shares of NASDAQ CMCSA opened at $27.42 on Wednesday. The company has a market capitalization of $99.92 billion, a PE ratio of 4.56, a P/E/G ratio of 1.97 and a beta of 0.81. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.96. Comcast Corporation has a twelve month low of $25.75 and a twelve month high of $38.40. The firm has a fifty day simple moving average of $27.98 and a 200 day simple moving average of $31.15.

Comcast (NASDAQ:CMCSA) last issued its quarterly earnings results on Monday, March 13th. The cable giant reported $0.77 earnings per share for the quarter. The firm had revenue of $30.34 billion during the quarter. Comcast had a return on equity of 18.06% and a net margin of 18.33%. On average, sell-side analysts forecast that Comcast Corporation will post 4.33 EPS for the current year.

Comcast Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 4th. Shareholders of record on Wednesday, January 14th will be issued a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date is Wednesday, January 14th. Comcast’s payout ratio is presently 21.96%.

Key Stories Impacting Comcast

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: Benchmark kept a “buy” rating and trimmed its price target slightly to $44, signaling still-constructive analyst support and a sizable implied upside relative to current levels. Benchmark adjusts price target
• Positive Sentiment: Coverage and value-oriented pieces point to Comcast’s strong free cash flow, solid dividend and diversified businesses (broadband, wireless, parks, advertising) — a narrative that supports a longer-term recovery if earnings execution continues. MarketBeat CMCSA value thesis
• Positive Sentiment: Some coverage notes Comcast can benefit from the Versant separation — letting management focus capital on broadband, wireless and Peacock — which could improve margins and strategy clarity over time. Seeking Alpha on Comcast positives
• Neutral Sentiment: Comcast is scheduled to report Q4 2025 results soon; previews note items investors will watch (broadband adds, advertising recovery, Peacock trends, parks performance). Upcoming results can drive near-term volatility. Yahoo Finance earnings preview
• Neutral Sentiment: Product and strategy news: Xumo (Comcast-related) launched an identity solution to improve streaming ad targeting — a small positive for ad revenue potential but unlikely to move the stock immediately. BusinessWire on Xumo
• Negative Sentiment: Versant’s market debut was weak — shares slid on their first day — which raises questions about market appetite for the carved-out media assets and may have increased near-term uncertainty over valuation realization from the spin-off. MarketWatch on Versant debut
• Negative Sentiment: Arete downgraded Comcast from “neutral” to “sell” and set a $23 target, a bearish signal that can pressure sentiment and trigger short-term selling from funds sensitive to analyst ratings. TickerReport on Arete downgrade

About Comcast

Comcast Corporation (NASDAQ: CMCSA) is a diversified global media and technology company headquartered in Philadelphia, Pennsylvania. Its principal operations are organized around Comcast Cable, which provides broadband internet, video, voice and wireless services to residential and business customers in the United States under the Xfinity and Comcast Business brands, and NBCUniversal, a media and entertainment group that develops, produces and distributes content across broadcast and cable networks, film, and streaming platforms.

NBCUniversal’s assets include the NBC broadcast network, a portfolio of cable channels, Universal Pictures and other film and television production businesses, and the Peacock streaming service.