Lazard, Inc. $LAZ Shares Sold by TD Private Client Wealth LLC

TD Private Client Wealth LLC decreased its stake in shares of Lazard, Inc. (NYSE:LAZ) by 87.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,075 shares of the asset manager’s stock after selling 67,764 shares during the period. TD Private Client Wealth LLC’s holdings in Lazard were worth $532,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in LAZ. AQR Capital Management LLC raised its holdings in Lazard by 131.8% during the first quarter. AQR Capital Management LLC now owns 12,563 shares of the asset manager’s stock worth $544,000 after purchasing an additional 7,144 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Lazard by 27.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 759,867 shares of the asset manager’s stock valued at $32,902,000 after purchasing an additional 163,983 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Lazard by 8.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 238,288 shares of the asset manager’s stock valued at $10,318,000 after purchasing an additional 18,444 shares during the period. Parallel Advisors LLC raised its stake in shares of Lazard by 170.8% in the 2nd quarter. Parallel Advisors LLC now owns 1,771 shares of the asset manager’s stock worth $85,000 after buying an additional 1,117 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Lazard by 34.5% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 8,542 shares of the asset manager’s stock valued at $430,000 after buying an additional 2,192 shares during the period. 54.80% of the stock is currently owned by institutional investors.

Lazard Stock Down 0.7%

LAZ stock opened at $53.36 on Friday. The company has a debt-to-equity ratio of 1.92, a current ratio of 2.58 and a quick ratio of 2.58. The firm has a market capitalization of $6.02 billion, a P/E ratio of 21.09 and a beta of 1.38. Lazard, Inc. has a 52-week low of $31.97 and a 52-week high of $58.07. The company’s 50 day simple moving average is $50.42 and its 200-day simple moving average is $51.86.

Lazard (NYSE:LAZ) last posted its quarterly earnings data on Thursday, October 23rd. The asset manager reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.17. Lazard had a net margin of 8.89% and a return on equity of 35.02%. The firm had revenue of $770.76 million for the quarter, compared to analysts’ expectations of $739.91 million. During the same period in the previous year, the company posted $0.38 EPS. The company’s quarterly revenue was down 4.7% compared to the same quarter last year. As a group, equities research analysts anticipate that Lazard, Inc. will post 4.24 EPS for the current year.

Lazard Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 14th. Stockholders of record on Monday, November 3rd were issued a dividend of $0.50 per share. The ex-dividend date was Monday, November 3rd. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.7%. Lazard’s payout ratio is currently 79.05%.

Trending Headlines about Lazard

Here are the key news stories impacting Lazard this week:

• Positive Sentiment: Lazard executive Ron Temple said AI-driven productivity gains in the U.S. are likely to materialize starting next year and sooner in other markets — a comment investors may view as signaling Lazard’s awareness of secular drivers that could boost advisory deal flow and efficiency over time. AI impact on US productivity likely from next year, sooner elsewhere: Lazard’s Ron Temple
• Neutral Sentiment: Market commentary pieces are parsing how Lazard fits within the financial-services group and why its stock sometimes moves differently from peers — useful context but not an immediate catalyst. Understanding market reactions around Lazard within financial services
• Negative Sentiment: Zacks Research cut multiple near- and medium-term EPS forecasts for LAZ (Q1/Q2 FY2026, FY2025–FY2027) and maintains a “Strong Sell” stance — the repeated downward revisions and negative rating are the main near-term headwind pressuring the stock. Zacks Research Analysts Reduce Earnings Estimates for Lazard

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Zacks Research downgraded shares of Lazard from a “hold” rating to a “strong sell” rating in a report on Monday, January 12th. UBS Group initiated coverage on shares of Lazard in a report on Thursday, December 11th. They issued a “neutral” rating and a $54.00 target price on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Lazard in a report on Monday, December 29th. The Goldman Sachs Group set a $46.00 price target on shares of Lazard and gave the stock a “sell” rating in a research report on Thursday, October 23rd. Finally, Keefe, Bruyette & Woods dropped their price target on Lazard from $60.00 to $59.00 and set an “outperform” rating on the stock in a report on Thursday, January 8th. Three analysts have rated the stock with a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Lazard presently has an average rating of “Hold” and an average target price of $54.86.

Lazard Profile

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.