Palouse Capital Management Inc. Has $39,000 Stock Position in Comcast Corporation $CMCSA

Palouse Capital Management Inc. reduced its stake in Comcast Corporation (NASDAQ:CMCSA) by 96.1% during the 1st quarter, Holdings Channel reports. The firm owned 1,350 shares of the cable giant’s stock after selling 33,423 shares during the period. Palouse Capital Management Inc.’s holdings in Comcast were worth $39,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Imprint Wealth LLC acquired a new position in Comcast in the third quarter valued at about $26,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in Comcast during the fourth quarter worth about $27,000. United Financial Planning Group LLC acquired a new position in shares of Comcast during the 3rd quarter worth about $28,000. Olistico Wealth LLC acquired a new position in shares of Comcast during the 4th quarter worth about $29,000. Finally, Richardson Financial Services Inc. increased its stake in shares of Comcast by 212.6% in the 4th 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. 84.32% of the stock is owned by institutional investors and hedge funds.

Comcast Stock Down 3.3%

Shares of CMCSA stock opened at $23.73 on Thursday. Comcast Corporation has a 12-month low of $22.13 and a 12-month high of $36.40. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 1.01. The firm has a fifty day moving average of $24.97 and a 200-day moving average of $27.98. The company has a market capitalization of $84.77 billion, a price-to-earnings ratio of 4.67, a P/E/G ratio of 2.01 and a beta of 0.67.

Comcast (NASDAQ:CMCSA) last posted 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 business had revenue of $31.46 billion for the quarter, compared to analysts’ expectations of $30.42 billion. Comcast had a net margin of 15.00% and a return on equity of 15.47%. The firm’s revenue was up 5.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.09 EPS. As a group, equities research analysts predict that Comcast Corporation will post 3.51 earnings per share for the current fiscal year.

Comcast Dividend Announcement

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

Analysts Set New Price Targets

Several research analysts recently weighed in on CMCSA shares. Rosenblatt Securities raised shares of Comcast from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $24.00 to $31.00 in a research note on Tuesday. Wall Street Zen upgraded shares of Comcast to a “hold” rating in a report on Saturday, March 14th. Weiss Ratings reissued a “hold (c-)” rating on shares of Comcast in a report on Wednesday, April 8th. Scotiabank upped their price objective on shares of Comcast from $34.00 to $36.00 and gave the company a “sector perform” rating in a research report on Friday, April 24th. Finally, BNP Paribas Exane dropped their price objective on Comcast from $26.00 to $25.00 and set an “underperform” rating on the stock in a research note on Wednesday, April 8th. Eleven analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $34.52.

Key Comcast News

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: Comcast’s announced spin-off of NBCUniversal and Sky is being viewed as a value-unlocking move that could help narrow the company’s long-standing conglomerate discount and sharpen the focus of its connectivity business. Comcast’s NBCUniversal Split Puts Broadband Back in Focus
• Positive Sentiment: Rosenblatt Securities upgraded Comcast from neutral to buy and raised its price target, signaling improved analyst confidence after the restructuring announcement. Benzinga analyst note
• Positive Sentiment: Multiple reports suggest the breakup could create better M&A optionality for the media assets, with NBCUniversal potentially becoming a more appealing standalone target in a consolidating industry. The Comcast-NBCUniversal Spinoff News Could Mean More ‘Supersized’ Media M&A in 2026
• Neutral Sentiment: Several recent articles frame Comcast as still cheap on valuation metrics, but also note that its stock has been under pressure from broadband competition and margin concerns, leaving the long-term outlook dependent on execution. Has Comcast (CMCSA) Fallen Too Far To Be Undervalued?
• Neutral Sentiment: Investors are also waiting for Comcast’s upcoming earnings release, which could either validate the turnaround story or refocus attention on core business softness. What you need to know ahead of Comcast’s earnings release
• Negative Sentiment: Despite the restructuring optimism, Comcast still faces mounting competitive pressure in broadband and lingering margin concerns, which have weighed on the stock over the past month. Comcast Corporation (CMCSA) Trading Close to 52-Week Lows, Should You Buy?

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.