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 7,296 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
4.81% more ownership
Funds ownership: 71.97% [Q4 2024] → 76.77% (+4.81%) [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] → 280 (-10) [Q1 2025]
10% less capital invested
Capital invested by funds: $4.17B [Q4 2024] → $3.74B (-$435M) [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
$33
24%
downside
Avg. target
$42
2%
downside
High target
$55
27%
upside
5 analyst ratings
1 positive
20%
2 neutral
40%
2 negative
40%
Goldman Sachs Richard Ramsden | 7%downside $40 | Sell Maintained | 15 May 2025 |
Keefe, Bruyette & Woods Aidan Hall | 7%upside $46 | Market Perform Maintained | 12 May 2025 |
JMP Securities Devin Ryan | 27%upside $55 | Market Outperform Reiterated | 28 Apr 2025 |
Wells Fargo Michael Brown | 12%downside $38 | Equal-Weight Maintained | 8 Apr 2025 |
Morgan Stanley Ryan Kenny | 24%downside $33 | Underweight Downgraded | 7 Apr 2025 |
Financial journalist opinion
Based on 8 articles about LAZ published over the past 30 days
Positive
Zacks Investment Research
3 days 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
5 days 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 week 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.
Neutral
Business Wire
1 week ago
Lazard Opens New UK Headquarters in Historic Manchester Square, W1
LONDON--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) announced today that its new UK headquarters opened at 20 Manchester Square, housing both the firm's Financial Advisory and Asset Management businesses. The new, larger office reflects Lazard's commitment to London as one of the world's leading financial centres and the firm's continued growth in Europe. 20 Manchester Square will become part of Lazard's European footprint and one of its three main global offices, alongside New York and Paris. As.
Positive
Reuters
3 weeks ago
JPMorgan expands tech team with four veteran bankers from BofA, Goldman, Lazard
JPMorgan is expanding its technology team in the investment bank with four West Coast hires from Goldman Sachs, Bank of America and Lazard, according to a memo to staff seen by Reuters.
Positive
CNBC International TV
3 weeks ago
Lazard: Emerging markets outside China will benefit from trade tensions
Ron Temple of Lazard says the U.S. stock market looks 'unreasonably optimistic', and that emerging markets will benefit from trade tensions as companies de-risk their supply chains. He also believes the U.S.-China trade tensions are far from over.
Neutral
Business Wire
3 weeks ago
Lazard CEO and Chairman Peter R. Orszag to Speak at the 2025 Morgan Stanley U.S. Financials, Payments & CRE Conference
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today announced Peter R. Orszag, CEO and Chairman, is scheduled to participate in a fireside discussion at the Morgan Stanley U.S. Financials, Payments & CRE Conference on Tuesday, June 10, at 9:00 a.m. E.T. A live audio webcast will be available via the Lazard Investor Relations website at www.lazard.com. A replay will be available on the same website, shortly after the conference. About Lazard Founded in 1848, Lazard is the preeminent fi.
Positive
Seeking Alpha
4 weeks ago
35 Barron's Pro-Picks: One Ideal May DiviDog
Barron's interviewed eleven financial industry Roundtable-pros who tapped 65 predictions. Six non-ADR foreign-stocks and four mutual funds were dropped by YCharts screens of active US listings, leaving 55. AT&T stands out as the only 'safer' ideal dividend dog, with its price well below annual dividends from a $1,000 investment. Top ten yield picks project average 28.12% total return by May 2026, with risk/volatility 12% below the market average.
Positive
Zacks Investment Research
1 month ago
Lazard Reports 1.8% Sequential Increase in April AUM Balance
LAZ's April AUM balance increases sequentially, driven by the positive impact from foreign exchange.
Neutral
Business Wire
1 month ago
Lazard Reports April 2025 Assets Under Management
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of April 30, 2025 totaled approximately $231.4 billion. The month's AUM included FX appreciation of $5.1 billion, market depreciation of $0.9 billion, and net outflows of $0.2 billion. LAZARD, INC. ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions) As of: April 30, March 31, 20251 2025 Equity $176,313 $174,130 Fixed Income 46,341 44,024 Other 8,754 9,.
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