LazardLAZ
LAZ
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 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
245% more call options, than puts
Call options by funds: $19.4M | Put options by funds: $5.61M
96% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 27
40% more repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 81
7% more funds holding
Funds holding: 270 [Q3] → 288 (+18) [Q4]
6% more capital invested
Capital invested by funds: $3.93B [Q3] → $4.17B (+$242M) [Q4]
2.73% more ownership
Funds ownership: 69.18% [Q3] → 71.92% (+2.73%) [Q4]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q3] → 2 (-1) [Q4]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$33
7%
downside
Avg. target
$47
33%
upside
High target
$57
60%
upside
5 analyst ratings
1 positive
20%
3 neutral
60%
1 negative
20%
Wells Fargo Michael Brown 40% 1-year accuracy 30 / 75 met price target | 7%upside $38 | Equal-Weight Maintained | 8 Apr 2025 |
JMP Securities Devin Ryan 67% 1-year accuracy 4 / 6 met price target | 55%upside $55 | Market Outperform Maintained | 8 Apr 2025 |
Morgan Stanley Ryan Kenny 9% 1-year accuracy 2 / 22 met price target | 7%downside $33 | Underweight Downgraded | 7 Apr 2025 |
UBS Brennan Hawken 50% 1-year accuracy 16 / 32 met price target | 52%upside $54 | Neutral Maintained | 3 Feb 2025 |
Keefe, Bruyette & Woods Aidan Hall 38% 1-year accuracy 6 / 16 met price target | 60%upside $57 | Market Perform Maintained | 31 Jan 2025 |
Financial journalist opinion
Based on 7 articles about LAZ published over the past 30 days
Positive
Reuters
3 days ago
Lazard boosts UAE footprint with financial advisory office in Abu Dhabi
Lazard is strengthening its footprint in the United Arab Emirates by opening an office in the capital city of Abu Dhabi which will serve as the investment bank's main financial advisory hub in the country, it said on Tuesday.
Neutral
Business Wire
3 days ago
Lazard Marks Strategic Expansion Into the UAE, Reinforcing Its Financial Advisory Base in MENA
NEW YORK & ABU DHABI, United Arab Emirates & RIYADH, Saudi Arabia--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) announced today its strategic expansion into the United Arab Emirates, establishing Abu Dhabi as the Financial Advisory main office for the country, subject to regulatory approval. The establishment of this office reflects the role of Abu Dhabi as a leading business and financial center globally and underscores Lazard's commitment to deepening its presence in MENA and serving as a truste.
Neutral
Business Wire
1 week ago
Lazard Reports March 2025 Assets Under Management
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of March 31, 2025 totaled approximately $227.4 billion. The month's AUM included market depreciation of $5.4 billion, net outflows of $3.1 billion and foreign exchange appreciation of $3.1 billion. Preliminary average AUM for the quarter ended March 31, 2025 was $230.8 billion. LAZARD, INC. ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions) As of: March 31, F.
Neutral
Business Wire
1 week ago
Lazard to Announce First Quarter 2025 Financial Results
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) will announce its first quarter 2025 financial results in a press release to be issued Friday morning, April 25, 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 April 25, 2025, to discuss the company's financial results for the first quarter 2025. The conference call can be accessed via a live audio webcast available t.
Negative
CNBC International TV
1 week ago
Lazard CEO outlines 'several aspects' adding to the market uncertainty
Lazard CEO and Chairman Peter Orszag joins CNBC's Silvia Amaro at the Ambrosetti conference, discussing the impact of U.S. President Donald Trump's sweeping tariffs announcement.
Negative
CNBC Television
2 weeks ago
The markets are still in 'a state of denial' when it comes to tariffs, says Lazard's Ron Temple
Ron Temple, Lazard chief market strategist, joins 'Squawk Box' to discuss the latest market trends, impact of tariff uncertainty, where investors can find opportunities right now, and more.
Neutral
Business Wire
3 weeks ago
Lazard and Arini Enter Cooperation and Sourcing Agreement for EMEA Private Credit
LONDON & PARIS--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ), a global financial advisory and asset management firm, and Arini Capital Management (“Arini”), a leading alternative credit manager, today announced an alliance focused on direct lending solutions for borrowers across EMEA. The alliance further expands Lazard's leading debt advisory and capital solutions services across EMEA and will provide Lazard's corporate and sponsor advisory clients access to a potential new source of flexible fin.
Positive
Zacks Investment Research
1 month ago
Lazard's February AUM Balance Declines Sequentially on Net Outflows
LAZ's AUM balance in February 2025 declines marginally on the back of net outflows, partially offset by market and foreign exchange appreciation.
Neutral
Business Wire
1 month ago
Lazard Reports February 2025 Assets Under Management
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of February 28, 2025, totaled approximately $232.9 billion. The month's AUM included net outflows of $0.8 billion, foreign exchange appreciation of $0.5 billion and market appreciation of $0.1 billion. LAZARD, INC. ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions) As of: February 28, January 31, 20251 2025 Equity .
Positive
Seeking Alpha
1 month ago
Buy Two Ideal March 'Safer' Dividend Dogs Of 34 Barron's 2025 Pro-Picks
Barron's New-Year (NY) Roundtable (RT) selections published in three issues 1/13-27/2025, listed 34 dividend picks as the best of 2025. Analysts predict top picks like AdvanSix, Applied Materials, and Salesforce could net significant returns, with an average gain estimate of 28.85%. Two standout "safer" stocks, AT&T and Annaly Capital, meet the dogcatcher ideal, offering high yields relative to their prices.
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