PNC Financial Services Group Inc. Has $98.54 Million Stock Holdings in Comcast Corporation $CMCSA

PNC Financial Services Group Inc. decreased its position in Comcast Corporation (NASDAQ:CMCSA) by 35.4% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 3,432,176 shares of the cable giant’s stock after selling 1,884,316 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Comcast were worth $98,538,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Imprint Wealth LLC bought a new position in Comcast during the 3rd quarter valued at about $26,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in Comcast during the fourth quarter worth about $27,000. Whipplewood Advisors LLC increased its holdings in shares of Comcast by 75.5% during the first quarter. Whipplewood Advisors LLC now owns 932 shares of the cable giant’s stock worth $27,000 after buying an additional 401 shares in the last quarter. Main Street Group LTD acquired a new stake in shares of Comcast during the first quarter worth approximately $27,000. Finally, Olistico Wealth LLC bought a new position in shares of Comcast in the fourth quarter valued at approximately $29,000. Institutional investors and hedge funds own 84.32% of the company’s stock.

Comcast Stock Performance

Shares of Comcast stock opened at $23.52 on Thursday. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.87 and a quick ratio of 0.87. The firm has a market cap of $84.02 billion, a P/E ratio of 4.63, a P/E/G ratio of 1.96 and a beta of 0.67. The firm has a 50 day simple moving average of $23.93 and a 200 day simple moving average of $27.35. Comcast Corporation has a fifty-two week low of $22.13 and a fifty-two week high of $36.01.

Comcast (NASDAQ:CMCSA) last posted its quarterly earnings data on Thursday, April 23rd. The cable giant reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.06. Comcast had a net margin of 15.00% and a return on equity of 15.47%. The firm had revenue of $31.46 billion during the quarter, compared to analysts’ expectations of $30.42 billion. During the same quarter in the previous year, the company posted $1.09 EPS. Comcast’s revenue was up 5.3% on a year-over-year basis. Sell-side analysts predict that Comcast Corporation will post 3.48 earnings per share for the current fiscal year.

Comcast Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 1st were paid a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 5.6%. The ex-dividend date of this dividend was Wednesday, July 1st. Comcast’s dividend payout ratio (DPR) is 25.98%.

Wall Street Analyst Weigh In

CMCSA has been the topic of several recent analyst reports. Moffett Nathanson reduced their target price on Comcast from $53.00 to $52.00 and set a “buy” rating on the stock in a report on Tuesday, June 16th. Freedom Capital raised Comcast to a “hold” rating in a report on Friday, June 12th. Royal Bank Of Canada cut their price objective on Comcast from $32.00 to $27.00 and set a “sector perform” rating for the company in a research report on Monday. Scotiabank reduced their price objective on Comcast from $36.00 to $32.75 and set a “sector perform” rating on the stock in a research note on Wednesday, July 15th. Finally, Rosenblatt Securities upgraded Comcast from a “neutral” rating to a “buy” rating and increased their target price for the stock from $24.00 to $31.00 in a report on Tuesday, June 30th. Eleven investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $33.45.

Trending Headlines about Comcast

Here are the key news stories impacting Comcast this week:

• Neutral Sentiment: Wall Street is looking for Comcast to report Q2 results this Thursday, with analysts and preview pieces focusing on whether broadband, media, and theme park weakness has stabilized. What To Expect From Comcast’s (CMCSA) Q2 Earnings
• Neutral Sentiment: Several articles highlight Comcast as a value and restructuring story, with investors watching whether a strategic split involving NBCUniversal could unlock shareholder value. Comcast (NASDAQ:CMCSA) Builds Value Case Through Strategic Split
• Neutral Sentiment: RBC Capital reiterated a Hold rating but trimmed its price target to $27, signaling continued caution rather than a strong bullish catalyst. RBC Capital Sticks to Their Hold Rating for Comcast (CMCSA)
• Negative Sentiment: Analysts are broadly expecting Comcast’s upcoming quarter to show softer performance, reinforcing concerns that growth is slowing in key businesses. Comcast Q2 2026 earnings preview: Analysts anticipate quarterly decline
• Negative Sentiment: Coverage also points to ongoing pressure in broadband, media, and theme parks, which could limit near-term upside if management does not deliver a positive surprise on earnings or guidance. Comcast Gears Up to Report Q2 Earnings: What’s in the Cards?

Comcast Profile

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.