LAZ - Lazard Inc
Lazard Inc.'s LAZ stock has lost 14.1% over the past six months against the industry's growth of 5.5%. The underperformance raises questions about whether the recent pullback presents an attractive entry point or if investors should wait for greater clarity on the company's growth outlook.
Deutsche Bank AG acquired a new position in shares of Lazard, Inc. (NYSE: LAZ) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 26,056 shares of the asset manager's stock, valued at approximately $1,093,000. Other hedge funds
Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in July
NEW YORK, Aug. 21, 2026 /PRNewswire/ -- Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.15340 per share on the Fund's outstanding common stock. The distribution is payable on September 22, 2026, to shareholders of record on September 10, 2026.
Bank of America Corp DE lifted its stake in Lazard, Inc. (NYSE: LAZ) by 28.4% during the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 448,446 shares of the asset manager's stock after buying an additional 99,110 shares during the period.
Algebris UK Ltd. bought a new position in shares of Lazard, Inc. (NYSE: LAZ) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 261,796 shares of the asset manager's stock, valued at approximately $10,945,000. Algebris UK Ltd. owned 0.24% of Lazard as
ZURICH, Aug. 17, 2026 /PRNewswire/ -- Lazard today announced the expansion of its Financial Advisory business with the appointment of Dr. Marco Superina to lead investment banking for Switzerland, strengthening the firm's dedicated coverage of the DACH region and its focus on clients across Switzerland. This expansion and appointment reflect the firm's ongoing investment to accelerate growth in Europe by broadening coverage in key markets across the region and its global Financial Advisory franchise as part of its long-term growth strategy, Lazard 2030.
LAZ's AUM rises marginally in July to $286.9B on market appreciation despite net outflows. Let's see if it can sustain AUM growth on strong client demand.
NEW YORK, Aug. 12, 2026 /PRNewswire/ -- Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management ("AUM") as of July 31, 2026 totaled approximately $286.9 billion. The month's AUM included market appreciation of $1.5 billion, net inflows of $0.4 billion and FX appreciation of $0.4 billion.
Amundi grew its position in Lazard, Inc. (NYSE: LAZ) by 2,607.1% in the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 155,224 shares of the asset manager's stock after acquiring an additional 149,490 shares during the quarter. Amundi owned about 0.14% of Lazard worth
Bank of New York Mellon Corp lowered its stake in Lazard, Inc. (NYSE: LAZ) by 4.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 477,912 shares of the asset manager's stock after selling 23,842 shares during the
Chris Bricker joins as Head of Corporate Development Theodore P. "TP" Enders joins as Head of Product NEW YORK, July 27, 2026 /PRNewswire/ -- Lazard Asset Management (LAM) today announced the appointment of two senior leaders as it advances its long-term growth strategy: Chris Bricker joins as Head of Corporate Development, and Theodore P.
Lazard shows strength in Asset Management, with revenue up 23% YoY and positive fee mix shifts on AUM growth. Advisory faces headwinds from geopolitics, rising capital costs and associated subdued private equity M&A, limiting near-term catalysts. Strategic activity and restructuring support advisory, but DCM and ECM outlook remains weak amid ongoing market uncertainty driven by capital cost risks.
On July 24, 2026, Lazard Inc (LAZ) shares rose 3.0% today, reaching a current price of $44.35. The stock has experienced a 52-week range between $38.67 and $58.
Lazard's Q2 results are hurt by weaker Financial Advisory revenues and higher expenses. Shares fell 1.2% despite growth in Asset Management and AUM.
Lazard NYSE: LAZ reported second-quarter adjusted net revenue of $786 million and first-half adjusted net revenue of $1.5 billion, while executives said the firm is seeing signs that its multi-year Lazard 2030 strategy is beginning to show through in client activity, asset flows and advisory pipelines.
Lazard, Inc. (LAZ) Q2 2026 Earnings Call Transcript
Although the revenue and EPS for Lazard (LAZ) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Lazard (LAZ) came out with quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.52 per share a year ago.
Peter Orszag, Lazard CEO and former OMB director under President Obama, joins 'Squawk Box' to discuss the company's quarterly earnings results, state of the company's 2030 plan, impact of AI, and more.