Comcast Corporation $CMCSA Holdings Cut by GAMMA Investing LLC

Posted by Brenda Bartman on Aug 8th, 2026

GAMMA Investing LLC lowered its stake in shares of Comcast Corporation (NASDAQ:CMCSA – Free Report) by 39.2% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 39,496 shares of the cable giant’s stock after selling 25,457 shares during the period. GAMMA Investing LLC’s holdings in Comcast were worth $970,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of CMCSA. Norges Bank acquired a new stake in shares of Comcast during the 4th quarter valued at about $2,498,626,000. Capital World Investors increased its holdings in Comcast by 20.8% in the fourth quarter. Capital World Investors now owns 140,343,399 shares of the cable giant’s stock worth $4,194,929,000 after buying an additional 24,166,881 shares during the last quarter. Capital Research Global Investors raised its position in Comcast by 65.1% during the fourth quarter. Capital Research Global Investors now owns 55,664,933 shares of the cable giant’s stock valued at $1,663,825,000 after acquiring an additional 21,958,603 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its position in Comcast by 824.4% during the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 11,616,490 shares of the cable giant’s stock valued at $333,509,000 after acquiring an additional 10,359,800 shares in the last quarter. Finally, State Street Corp lifted its stake in Comcast by 4.6% in the third quarter. State Street Corp now owns 180,687,135 shares of the cable giant’s stock valued at $5,677,190,000 after acquiring an additional 7,917,335 shares during the last quarter. 84.32% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. Morgan Stanley set a $29.00 price target on shares of Comcast in a research note on Friday, July 24th. Royal Bank Of Canada set a $26.00 price objective on shares of Comcast and gave the company a “sector perform” rating in a research note on Friday, July 24th. Wells Fargo & Company set a $23.00 price objective on shares of Comcast and gave the stock an “underweight” rating in a report on Friday, July 24th. Sanford C. Bernstein reissued a “market perform” rating and set a $28.00 target price on shares of Comcast in a research report on Monday, July 13th. Finally, BNP Paribas Exane cut their target price on Comcast from $25.00 to $22.00 and set an “underperform” rating on the stock in a report on Tuesday, July 14th. Eleven research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $32.96.

Check Out Our Latest Stock Report on CMCSA

Comcast Trading Up 0.8%

NASDAQ:CMCSA opened at $25.36 on Friday. The company’s 50 day moving average is $23.69 and its 200-day moving average is $27.00. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.94. Comcast Corporation has a 12 month low of $21.28 and a 12 month high of $34.45. The firm has a market cap of $89.99 billion, a price-to-earnings ratio of 8.21, a P/E/G ratio of 1.43 and a beta of 0.67.

Comcast (NASDAQ:CMCSA – Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The cable giant reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.07. The business had revenue of $29.94 billion during the quarter, compared to the consensus estimate of $29.24 billion. Comcast had a net margin of 8.97% and a return on equity of 14.77%. Comcast’s quarterly revenue was down 1.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.25 EPS. Equities analysts anticipate that Comcast Corporation will post 3.52 EPS for the current year.

Comcast Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 28th. Shareholders of record on Wednesday, October 7th will be issued a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date is Wednesday, October 7th. Comcast’s dividend payout ratio is 42.72%.

About Comcast

(Free Report)

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.