Lazard
About: Lazard Inc has a storied history that can be traced back to 1848. The company's revenue is fairly evenly split between financial advisory, such as acquisition and restructuring advisory, and asset management. The company's asset management business is primarily driven by equities (over 80% of assets under management), has an international focus, and targets institutional clients. By geography, the company earns approximately 60% of revenue in the Americas, 35% in EMEA, and 5% in Asia-Pacific. Lazard has offices across more than 20 countries and over 3,000 employees.
Employees: 3,263
0
Funds holding %
of 7,312 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
86% more call options, than puts
Call options by funds: $10.2M | Put options by funds: $5.49M
32% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 79
4.99% more ownership
Funds ownership: 71.97% [Q4 2024] → 76.96% (+4.99%) [Q1 2025]
4% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 49
3% less funds holding
Funds holding: 290 [Q4 2024] → 281 (-9) [Q1 2025]
10% less capital invested
Capital invested by funds: $4.17B [Q4 2024] → $3.75B (-$426M) [Q1 2025]
50% less funds holding in top 10
Funds holding in top 10: 2 [Q4 2024] → 1 (-1) [Q1 2025]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$40
23%
downside
Avg. target
$47
9%
downside
High target
$55
6%
upside
5 analyst ratings
1 positive
20%
2 neutral
40%
2 negative
40%
Wells Fargo Michael Brown | 4%downside $50 | Equal-Weight Maintained | 11 Jul 2025 |
Morgan Stanley Ryan Kenny | 13%downside $45 | Underweight Maintained | 23 Jun 2025 |
Goldman Sachs Richard Ramsden | 23%downside $40 | Sell Maintained | 15 May 2025 |
Keefe, Bruyette & Woods Aidan Hall | 11%downside $46 | Market Perform Maintained | 12 May 2025 |
JMP Securities Devin Ryan | 6%upside $55 | Market Outperform Reiterated | 28 Apr 2025 |
Financial journalist opinion
Based on 7 articles about LAZ published over the past 30 days
Neutral
Business Wire
1 day ago
Lazard Reports June 2025 Assets Under Management
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of June 30, 2025 totaled approximately $248.4 billion. The month's AUM included market appreciation of $5.4 billion, net inflows of $4.6 billion, and FX appreciation of $3.1 billion. Preliminary average AUM for the quarter ended June 30, 2025 was $238.6 billion. LAZARD, INC. ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions) As of: June 30, May 31.
Neutral
Business Wire
3 days ago
Lazard to Announce Second Quarter and First Half 2025 Financial Results
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) will announce its second quarter and first half 2025 financial results in a press release to be issued Thursday morning, July 24, 2025. The press release will be available in the News & Announcements section of Lazard's website at www.lazard.com. Lazard will host a conference call at 8:00 a.m. ET on July 24, 2025, to discuss the company's financial results. The conference call can be accessed via a live audio webcast available through the.
Positive
Reuters
1 week ago
Lazard hires BofA banker to strengthen financial sponsors division, source says
Investment bank Lazard has hired Bank of America's Bill Hart to lead their financial sponsors division's coverage focused on West Coast clients, a person familiar with the move said on Thursday.
Neutral
Business Wire
1 week ago
Lazard Welcomes Klaus H. Hessberger as Managing Director and Global Co-Head of Financial Sponsors Group
LONDON--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today announced that Klaus H. Hessberger has been appointed to the firm as Managing Director, Global Co-Head, and Head of Europe for Lazard's Financial Sponsors Group, based in London. Adam Cady, previously Lazard's Head of Large-Cap Financial Sponsor Coverage North America in New York, has also been named Global Co-Head of the Global Financial Sponsors Group, running the team together with Klaus. These appointments reflect Lazard's expanding co.
Neutral
CNBC Television
2 weeks ago
The IPO market is coming back, but it won't be linear, says Lazard CEO Peter Orszag
Peter Orszag, Lazard CEO, joins 'Money Movers' to discuss the movement in the IPO market, M&A environment and the geopolitical climate.
Neutral
CNBC Television
3 weeks ago
Lazard's George Bilicic breakdowns the company's 2025 energy report
George Bilicic, Lazard managing director, joins 'Money Movers' to discuss the energy sector and ramping up production to meet demand.
Neutral
Business Wire
3 weeks ago
Lazard Releases 2025 Levelized Cost of Energy+ Report
NEW YORK--(BUSINESS WIRE)--Lazard Inc. (NYSE: LAZ) is proud to announce the release of the 18th edition of its Levelized Cost of Energy+ (LCOE+) report, a widely-cited, annual analysis that provides insights into the cost competitiveness of various energy generation technologies. The report explores key aspects of energy generation, energy storage, and system-level considerations while reflecting on developments over the past 12 months. “In today's rapidly evolving energy landscape, the relevan.
Positive
Zacks Investment Research
1 month ago
Lazard Reports 1.7% Sequential AUM Growth in May on Market Gains
LAZ posts 1.7% AUM growth in May to $235.3 billion, lifted by upbeat markets despite $3.7 billion in net outflows and a $4.3 billion client withdrawal.
Neutral
Business Wire
1 month ago
Lazard Reports May 2025 Assets Under Management
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of May 31, 2025 totaled approximately $235.3 billion. The month's AUM included market appreciation of $7.4 billion, net outflows of $3.7 billion, and FX appreciation of $0.2 billion. Outflows included $4.3 billion from a single sub-advised relationship. LAZARD, INC. ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions) As of: May 31, April 30, 20251 2025 Equi.
Neutral
Business Wire
1 month ago
Lazard Asset Management Appoints Eric Van Nostrand Global Head of Markets and Chief Economist
NEW YORK--(BUSINESS WIRE)--Lazard Asset Management (LAM) today announced that Eric Van Nostrand has joined the firm as Global Head of Markets and Chief Economist. In this newly created role reporting to LAM CEO Evan Russo, Mr. Van Nostrand will work across the firm's investment and research teams, bringing additional macro insights and market perspectives to our investment decisions. As a member of the executive leadership team for Lazard's Asset Management business, he will lead economic and m.
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