Blume Capital Management Inc. Purchases 29,786 Shares of Comcast Corporation $CMCSA

Posted by Tammy Falkenburg on May 18th, 2026

Blume Capital Management Inc. lifted its position in shares of Comcast Corporation (NASDAQ:CMCSA – Free Report) by 9.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 360,131 shares of the cable giant’s stock after purchasing an additional 29,786 shares during the period. Comcast accounts for about 2.0% of Blume Capital Management Inc.’s holdings, making the stock its 21st biggest position. Blume Capital Management Inc.’s holdings in Comcast were worth $10,764,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Imprint Wealth LLC bought a new stake in Comcast in the third quarter worth about $26,000. United Financial Planning Group LLC bought a new stake in Comcast during the 3rd quarter worth approximately $28,000. Olistico Wealth LLC purchased a new position in shares of Comcast during the 4th quarter valued at $29,000. Richardson Financial Services Inc. grew its position in shares of Comcast by 212.6% during the 4th quarter. Richardson Financial Services Inc. now owns 1,016 shares of the cable giant’s stock valued at $30,000 after purchasing an additional 691 shares in the last quarter. Finally, Lodestone Wealth Management LLC purchased a new position in shares of Comcast during the 4th quarter valued at $33,000. Institutional investors own 84.32% of the company’s stock.

Comcast Stock Performance

Shares of CMCSA stock opened at $24.76 on Monday. Comcast Corporation has a one year low of $24.53 and a one year high of $36.66. The company’s 50-day moving average is $28.36 and its 200 day moving average is $28.74. The company has a market capitalization of $88.45 billion, a price-to-earnings ratio of 4.87, a price-to-earnings-growth ratio of 1.99 and a beta of 0.71. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.87 and a current ratio of 0.87.

Comcast (NASDAQ:CMCSA – Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The cable giant reported $0.79 EPS for the quarter, beating the consensus estimate of $0.73 by $0.06. The company had revenue of $31.46 billion for the quarter, compared to the consensus estimate of $30.42 billion. Comcast had a net margin of 15.00% and a return on equity of 15.47%. Comcast’s revenue for the quarter was up 5.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.09 EPS. Sell-side analysts expect that Comcast Corporation will post 3.58 EPS for the current fiscal year.

Comcast Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 1st will be issued a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend is Wednesday, July 1st. Comcast’s dividend payout ratio (DPR) is presently 25.98%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. New Street Research cut their price target on shares of Comcast from $36.00 to $31.00 and set a “buy” rating for the company in a research note on Wednesday, May 13th. Pivotal Research cut shares of Comcast from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 30th. Citigroup upped their price target on shares of Comcast from $33.00 to $35.50 and gave the company a “buy” rating in a report on Friday, April 24th. Deutsche Bank Aktiengesellschaft lowered shares of Comcast from a “buy” rating to a “hold” rating and set a $34.00 price objective for the company. in a report on Friday, April 24th. Finally, Evercore upped their price objective on shares of Comcast from $35.00 to $36.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Nine research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $34.79.

Read Our Latest Stock Report on Comcast

Comcast News Roundup

Here are the key news stories impacting Comcast this week:

Positive Sentiment: Comcast declared a quarterly dividend of $0.33 per share, reinforcing its income appeal and signaling management confidence in cash flow. Comcast Declares Quarterly Dividend
Positive Sentiment: Zacks highlighted Comcast as one of the better-positioned names in a challenging cable industry, citing growing demand for high-speed internet and stronger media consumption as cord-cutting shifts the market toward broadband. 2 Stocks to Watch From a Challenging Cable Television Industry
Positive Sentiment: Comcast continues expanding rural broadband access in Florida and Indiana through public-private partnerships, which supports long-term subscriber growth and reinforces the company’s core connectivity business. What Comcast (CMCSA)’s Dividend, Rural Broadband Push and Legal Settlement Means For Shareholders
Neutral Sentiment: Comcast’s Sky unit is reportedly advancing talks to acquire ITV’s media and entertainment business, a deal that could be strategic but is still early and may require a performance-based payout structure. Comcast’s Sky advances talks to acquire ITV unit with performance-based payout, sources say
Negative Sentiment: Investor sentiment remains weighed down by Comcast’s $117.5 million data-breach settlement, which keeps cybersecurity, legal liability, and reputation risks in focus. Comcast’s US$117.5m Breach Settlement Puts Data Security Risks In Focus
Negative Sentiment: Recent coverage also notes Comcast hit a new 12-month low after an analyst downgrade, underscoring ongoing concern about growth, competition, and margin pressure. Comcast (NASDAQ:CMCSA) Reaches New 12-Month Low Following Analyst Downgrade

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.