Welch & Forbes LLC Has $11.81 Million Position in Comcast Corporation $CMCSA

Welch & Forbes LLC cut its holdings in Comcast Corporation (NASDAQ:CMCSA) by 20.8% in the third quarter, Holdings Channel.com reports. The fund owned 375,868 shares of the cable giant’s stock after selling 98,790 shares during the quarter. Welch & Forbes LLC’s holdings in Comcast were worth $11,810,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Brighton Jones LLC increased its holdings in shares of Comcast by 150.9% during the 4th quarter. Brighton Jones LLC now owns 166,265 shares of the cable giant’s stock worth $6,240,000 after purchasing an additional 99,986 shares during the period. Voya Financial Advisors Inc. raised its holdings in Comcast by 3.2% in the 2nd quarter. Voya Financial Advisors Inc. now owns 83,883 shares of the cable giant’s stock valued at $2,963,000 after acquiring an additional 2,593 shares in the last quarter. Consolidated Portfolio Review Corp bought a new stake in shares of Comcast in the 2nd quarter worth approximately $219,000. Robeco Institutional Asset Management B.V. grew its holdings in shares of Comcast by 18.7% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 1,572,629 shares of the cable giant’s stock worth $56,127,000 after purchasing an additional 248,144 shares in the last quarter. Finally, Pure Financial Advisors LLC increased its position in shares of Comcast by 18.4% during the second quarter. Pure Financial Advisors LLC now owns 9,107 shares of the cable giant’s stock valued at $325,000 after purchasing an additional 1,415 shares during the period. Institutional investors and hedge funds own 84.32% of the company’s stock.

Trending Headlines about Comcast

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: Q4 earnings beat — Comcast reported adjusted EPS of $0.84 (above consensus) with revenue roughly in line; management highlighted Theme Parks and Peacock as growth drivers that offset headwinds in broadband and Studios. CMCSA Q4 Earnings Beat On Theme Parks and Peacock Strength
• Positive Sentiment: Peacock subscriber growth and Theme Parks momentum — Peacock reached large subscriber counts (~44M) and parks (including Epic Universe) drove better consumer revenue, supporting upside to future content and leisure revenue. Peacock Hits 44 Million Subscribers But Losses Widen
• Positive Sentiment: Dividend maintained — Comcast confirmed a quarterly dividend ($0.33 / $1.32 annualized), supporting income-focused investors and the stock’s yield profile. Comcast Maintains Dividend on an Annualized Basis in 2026
• Positive Sentiment: Unusual options activity — Heavy call buying was reported around the print, indicating some traders positioned for further upside or volatility following the earnings release. Looking At Comcast’s Recent Unusual Options Activity
• Neutral Sentiment: Market reaction mixed — coverage notes the company beat on EPS but revenue was essentially flat y/y and key metrics (broadband churn, studio comps) created a mixed read for near-term growth. Comcast shares rise after in-line Q4 report, overcoming tough environment
• Negative Sentiment: Broadband subscriber losses persisted — Comcast lost more broadband customers than expected as wireless competitors lure consumers, adding pressure to its core high-margin business and long-term growth outlook. Comcast sheds more broadband customers as wireless competition mounts
• Negative Sentiment: Analysts trimmed price targets — Several firms lowered PTs (TD Cowen to $39, Deutsche Bank to $35, Scotiabank to $35.25) citing slower broadband trends and studio uncertainty; ratings largely remain Buy/Peer‑perform, but lowered PTs can weigh on sentiment. TD Cowen Adjusts Price Target Deutsche Bank Adjusts Price Target on Comcast to $35 Scotiabank Adjusts Price Target on Comcast to $35.25
• Negative Sentiment: Studio and box-office headwinds — Broader industry weakness in franchise box-office performance raises near-term risk for Comcast’s Studios revenue and content profitability. Hollywood has an IP problem: Box office sales are banking on franchise hits that keep falling flat

Comcast Stock Up 1.7%

NASDAQ:CMCSA opened at $29.75 on Friday. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.96. Comcast Corporation has a 12-month low of $25.75 and a 12-month high of $37.97. The stock’s fifty day simple moving average is $28.41 and its 200-day simple moving average is $30.35. The firm has a market capitalization of $108.41 billion, a P/E ratio of 5.54, a P/E/G ratio of 2.06 and a beta of 0.81.

Comcast (NASDAQ:CMCSA) last announced its quarterly earnings results on Thursday, January 29th. The cable giant reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.09. The company had revenue of $32.31 billion during the quarter, compared to the consensus estimate of $32.35 billion. Comcast had a return on equity of 16.86% and a net margin of 16.17%.The company’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.96 earnings per share. Equities research analysts expect that Comcast Corporation will post 4.33 earnings per share for the current year.

Comcast Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 22nd. Investors of record on Wednesday, April 1st will be paid a $0.33 dividend. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a $1.32 annualized dividend and a dividend yield of 4.4%. Comcast’s dividend payout ratio (DPR) is currently 21.96%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on CMCSA. Rosenblatt Securities reiterated a “neutral” rating and set a $30.00 target price on shares of Comcast in a research report on Friday. Williams Trading set a $40.00 price objective on Comcast in a research note on Friday, October 31st. BNP Paribas Exane cut their target price on Comcast from $28.10 to $28.00 and set a “neutral” rating for the company in a research report on Tuesday. Pivotal Research lowered their price target on Comcast from $40.00 to $36.00 and set a “buy” rating on the stock in a research report on Friday, October 31st. Finally, Oppenheimer set a $38.00 target price on shares of Comcast in a research note on Tuesday, November 4th. Eleven analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $35.08.

Comcast Company 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.