Dolby Laboratories (NYSE:DLB) Given Consensus Rating of “Moderate Buy” by Analysts

Dolby Laboratories (NYSE:DLB) has received a consensus rating of “Moderate Buy” from the six analysts that are presently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $92.00.

Several brokerages recently issued reports on DLB. Barrington Research cut their target price on shares of Dolby Laboratories from $100.00 to $95.00 and set an “outperform” rating for the company in a research report on Wednesday, November 19th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Dolby Laboratories in a research note on Monday, December 29th. Wall Street Zen raised shares of Dolby Laboratories from a “hold” rating to a “buy” rating in a research report on Monday. Finally, Rosenblatt Securities reduced their price objective on Dolby Laboratories from $95.00 to $85.00 and set a “buy” rating for the company in a research note on Wednesday, November 19th.

Dolby Laboratories Stock Performance

DLB stock opened at $63.62 on Friday. The company has a market cap of $6.08 billion, a price-to-earnings ratio of 24.19 and a beta of 0.88. The business’s 50-day moving average is $65.99 and its two-hundred day moving average is $70.23. Dolby Laboratories has a fifty-two week low of $63.14 and a fifty-two week high of $89.66.

Dolby Laboratories (NYSE:DLB) last released its quarterly earnings results on Tuesday, November 18th. The electronics maker reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.70 by $0.29. Dolby Laboratories had a return on equity of 11.99% and a net margin of 18.90%.The business had revenue of $307.02 million during the quarter, compared to the consensus estimate of $305.76 million. During the same period in the previous year, the company posted $0.61 EPS. The business’s quarterly revenue was up .7% compared to the same quarter last year. Dolby Laboratories has set its FY 2026 guidance at 4.190-4.340 EPS and its Q1 2026 guidance at 0.790-0.940 EPS. Equities analysts predict that Dolby Laboratories will post 2.94 earnings per share for the current year.

Dolby Laboratories Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Tuesday, December 2nd were paid a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 2.3%. This is an increase from Dolby Laboratories’s previous quarterly dividend of $0.33. The ex-dividend date of this dividend was Tuesday, December 2nd. Dolby Laboratories’s dividend payout ratio is 54.75%.

Insider Buying and Selling

In related news, CEO Kevin J. Yeaman sold 36,699 shares of the business’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $66.91, for a total transaction of $2,455,530.09. Following the completion of the transaction, the chief executive officer directly owned 114,725 shares in the company, valued at approximately $7,676,249.75. The trade was a 24.24% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Mark Andrew Sherman sold 9,109 shares of the stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $66.73, for a total transaction of $607,843.57. Following the completion of the sale, the executive vice president directly owned 73,054 shares of the company’s stock, valued at $4,874,893.42. This represents a 11.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 162,120 shares of company stock valued at $10,906,559 in the last 90 days. Corporate insiders own 37.93% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Boothbay Fund Management LLC boosted its holdings in Dolby Laboratories by 4.1% in the 2nd quarter. Boothbay Fund Management LLC now owns 4,020 shares of the electronics maker’s stock worth $299,000 after buying an additional 157 shares during the period. Mitchell & Pahl Private Wealth LLC raised its holdings in Dolby Laboratories by 1.1% during the third quarter. Mitchell & Pahl Private Wealth LLC now owns 15,733 shares of the electronics maker’s stock valued at $1,139,000 after acquiring an additional 170 shares during the period. Equitable Trust Co. lifted its position in shares of Dolby Laboratories by 3.3% in the second quarter. Equitable Trust Co. now owns 5,567 shares of the electronics maker’s stock valued at $413,000 after acquiring an additional 177 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its position in shares of Dolby Laboratories by 13.9% in the second quarter. Steward Partners Investment Advisory LLC now owns 1,587 shares of the electronics maker’s stock valued at $118,000 after acquiring an additional 194 shares in the last quarter. Finally, State of Michigan Retirement System boosted its stake in shares of Dolby Laboratories by 1.4% in the second quarter. State of Michigan Retirement System now owns 14,800 shares of the electronics maker’s stock worth $1,099,000 after acquiring an additional 200 shares during the period. Hedge funds and other institutional investors own 58.56% of the company’s stock.

Dolby Laboratories Company Profile

Dolby Laboratories, Inc is a global leader in audio and imaging technologies, specializing in the development, licensing and deployment of solutions that enhance entertainment and communications experiences. The company’s core business revolves around creating advanced audio codecs, noise reduction systems and spatial sound technologies for a wide range of applications, including cinema, broadcast, gaming, streaming and personal devices. Dolby’s licensing model enables consumer electronics manufacturers, content creators and service providers to integrate its technologies into products such as televisions, smartphones, home theater systems and set-top boxes.

Among its flagship innovations are Dolby Atmos, an immersive audio format that delivers three-dimensional soundscapes for theaters and home systems; Dolby Digital and Dolby Digital Plus, widely adopted audio compression formats for broadcast and streaming; and Dolby Vision, a high-dynamic-range imaging technology that expands color, contrast and brightness in displays.