Cetera Investment Advisers Buys 99,759 Shares of Comcast Corporation $CMCSA

Cetera Investment Advisers lifted its stake in Comcast Corporation (NASDAQ:CMCSAFree Report) by 7.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,480,767 shares of the cable giant’s stock after purchasing an additional 99,759 shares during the period. Cetera Investment Advisers’ holdings in Comcast were worth $42,513,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of CMCSA. Imprint Wealth LLC bought a new position in Comcast in the 3rd quarter valued at $26,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in shares of Comcast during the fourth quarter worth $27,000. Whipplewood Advisors LLC raised its position 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 acquiring an additional 401 shares during the last quarter. Main Street Group LTD acquired a new position in shares of Comcast during the first quarter valued at $27,000. Finally, Richardson Financial Services Inc. boosted its holdings in Comcast by 212.6% in the fourth quarter. Richardson Financial Services Inc. now owns 1,016 shares of the cable giant’s stock valued at $30,000 after acquiring an additional 691 shares during the last quarter. Institutional investors own 84.32% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on CMCSA shares. Moffett Nathanson lowered their price objective on Comcast from $53.00 to $52.00 and set a “buy” rating for the company in a research report on Tuesday, June 16th. Seaport Research Partners raised shares of Comcast from a “neutral” rating to a “buy” rating in a research note on Thursday, July 2nd. UBS Group reiterated a “neutral” rating on shares of Comcast in a research report on Tuesday, June 23rd. Barclays set a $26.00 price target on shares of Comcast and gave the stock an “equal weight” rating in a research note on Friday. Finally, New Street Research cut their price objective on shares of Comcast from $31.00 to $30.00 and set a “buy” rating on the stock in a report on Thursday, June 25th. Eleven investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, Comcast currently has a consensus rating of “Hold” and an average price target of $32.96.

Check Out Our Latest Stock Analysis on Comcast

Comcast Trading Up 1.7%

NASDAQ:CMCSA opened at $22.30 on Friday. Comcast Corporation has a 1-year low of $21.28 and a 1-year high of $34.45. The business’s 50-day moving average price is $23.82 and its two-hundred day moving average price is $27.26. The company has a current ratio of 0.80, a quick ratio of 0.87 and a debt-to-equity ratio of 0.94. The firm has a market capitalization of $79.66 billion, a price-to-earnings ratio of 7.22, a PEG ratio of 1.84 and a beta of 0.67.

Comcast (NASDAQ:CMCSAGet Free Report) last posted its earnings results on Thursday, July 23rd. The cable giant reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.07. The company had revenue of $29.94 billion during the quarter, compared to analyst estimates of $29.24 billion. Comcast had a return on equity of 14.77% and a net margin of 8.97%.The company’s revenue for the quarter was down 1.2% compared to the same quarter last year. During the same period in the previous year, the company earned $1.25 EPS. On average, equities analysts expect that Comcast Corporation will post 3.47 earnings per share for the current year.

Comcast Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 28th. Shareholders of record on Wednesday, October 7th will be paid a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend is Wednesday, October 7th. Comcast’s dividend payout ratio is presently 25.98%.

Trending Headlines about Comcast

Here are the key news stories impacting Comcast this week:

  • Positive Sentiment: Comcast beat second-quarter estimates, with adjusted EPS of $1.04 and revenue of $29.94 billion, both above Wall Street expectations. The beat was supported by record wireless additions, stronger studio performance, and improving broadband trends. Comcast Reports 2nd Quarter 2026 Results
  • Positive Sentiment: Peacock turned profitable for the first time, adding 2 million paid subscribers to reach 48 million, which is boosting sentiment around Comcast’s media and streaming turnaround. Comcast’s Peacock records first ever profit on World Cup, ‘Love Island USA’ boost
  • Positive Sentiment: Management said broadband repositioning, wireless growth, and the planned NBCUniversal/Sky separation are progressing, while Rosenblatt reiterated a Buy rating and a $31 price target, implying meaningful upside from recent levels. CMCSA Q2 Earnings Call Highlights Broadband Pivot and Wireless Growth
  • Neutral Sentiment: Comcast declared a quarterly dividend of $0.33 per share, reinforcing its income profile, but this is unlikely to be the main driver of the stock’s move today.
  • Neutral Sentiment: Recent short-interest data was effectively flat at zero, so there is no clear short-squeeze or bearish positioning signal helping explain the move.
  • Negative Sentiment: Offsetting the positives, domestic broadband customer losses continued and second-quarter profit was lower year over year, which keeps pressure on Comcast’s core connectivity business. Comcast Reports Lower Profit, Narrows Domestic Broadband Subscriber Losses
  • Negative Sentiment: Some investors were also disappointed that Comcast paused share repurchases while it prepares for the planned business separation, reducing a prior source of stock support. Comcast slips as broadband losses and buyback pause overshadow Q2 beat

Comcast Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding CMCSA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Comcast Corporation (NASDAQ:CMCSAFree Report).

Institutional Ownership by Quarter for Comcast (NASDAQ:CMCSA)

Receive News & Ratings for Comcast Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Comcast and related companies with MarketBeat.com's FREE daily email newsletter.