A number of research firms have changed their ratings and price targets for Lazard (NYSE: LAZ):
- 3/14/2026 – Lazard was downgraded by Wall Street Zen from “buy” to “hold”.
- 3/12/2026 – Lazard had its price target lowered by UBS Group AG from $59.00 to $48.00. They now have a “neutral” rating on the stock.
- 3/12/2026 – Lazard had its price target lowered by The Goldman Sachs Group, Inc. from $53.00 to $46.00. They now have a “sell” rating on the stock.
- 3/6/2026 – Lazard was upgraded by Zacks Research from “strong sell” to “hold”.
- 2/28/2026 – Lazard was upgraded by Wall Street Zen from “hold” to “buy”.
- 1/30/2026 – Lazard had its “neutral” rating reaffirmed by UBS Group AG. They now have a $59.00 price target on the stock.
- 1/30/2026 – Lazard had its “market outperform” rating reaffirmed by Citigroup Inc..
- 1/30/2026 – Lazard had its price target raised by Keefe, Bruyette & Woods from $59.00 to $62.00. They now have an “outperform” rating on the stock.
- 1/26/2026 – Lazard is now covered by Bank of America Corporation. They set a “buy” rating and a $65.00 price target on the stock.
Lazard Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, February 20th. Investors of record on Monday, February 9th were paid a $0.50 dividend. The ex-dividend date was Monday, February 9th. This represents a $2.00 dividend on an annualized basis and a yield of 4.9%. Lazard’s payout ratio is presently 91.74%.
Insider Activity
In other Lazard news, CEO Christopher Hogbin sold 3,944 shares of the firm’s stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $39.37, for a total transaction of $155,275.28. Following the completion of the sale, the chief executive officer directly owned 11,829 shares in the company, valued at approximately $465,707.73. This trade represents a 25.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Peter Richard Orszag sold 69,170 shares of Lazard stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $40.76, for a total transaction of $2,819,369.20. Following the completion of the transaction, the chief executive officer directly owned 210,942 shares of the company’s stock, valued at $8,597,995.92. This trade represents a 24.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 80,999 shares of company stock worth $3,292,962 over the last three months. 3.86% of the stock is currently owned by insiders.
Lazard Ltd. (NYSE: LAZ) is a leading global financial advisory and asset management firm, offering a comprehensive suite of services to corporations, governments and individuals. Founded in 1848, Lazard has built a reputation for providing independent advice and innovative solutions in complex financial transactions. The firm is publicly traded on the New York Stock Exchange under the ticker symbol LAZ and maintains its headquarters in Hamilton, Bermuda.
In its Financial Advisory segment, Lazard assists clients with mergers and acquisitions, restructurings, capital structure optimization and strategic planning.
Recommended Stories
Receive News & Ratings for Lazard Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lazard Inc and related companies with MarketBeat.com's FREE daily email newsletter.
