Trace Wealth Advisors LLC Purchases New Stake in Comcast Corporation $CMCSA

Posted by Stanley Muller on Nov 5th, 2026

Trace Wealth Advisors LLC purchased a new position in Comcast Corporation (NASDAQ:CMCSA – Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 87,826 shares of the cable giant’s stock, valued at approximately $1,911,000. Comcast accounts for about 1.4% of Trace Wealth Advisors LLC’s investment portfolio, making the stock its 16th largest position.

A number of other large investors have also bought and sold shares of the stock. Bank of America Corp DE increased its stake in shares of Comcast by 10.2% in the first quarter. Bank of America Corp DE now owns 40,864,921 shares of the cable giant’s stock worth $1,173,232,000 after buying an additional 3,783,234 shares during the period. Dimensional Fund Advisors LP boosted its position in Comcast by 1.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 29,461,308 shares of the cable giant’s stock valued at $845,919,000 after buying an additional 507,097 shares during the period. First Trust Advisors LP boosted its position in Comcast by 4.9% during the 1st quarter. First Trust Advisors LP now owns 13,592,149 shares of the cable giant’s stock valued at $390,231,000 after buying an additional 630,902 shares during the period. Healthcare of Ontario Pension Plan Trust Fund grew its holdings in Comcast by 824.4% in the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 11,616,490 shares of the cable giant’s stock worth $333,509,000 after acquiring an additional 10,359,800 shares during the last quarter. Finally, Swiss National Bank grew its holdings in Comcast by 5.7% in the 1st quarter. Swiss National Bank now owns 10,666,200 shares of the cable giant’s stock worth $306,227,000 after acquiring an additional 574,300 shares during the last quarter. 84.32% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently weighed in on CMCSA. The Goldman Sachs Group reiterated a “neutral” rating and set a $23.00 target price on shares of Comcast in a report on Thursday, October 22nd. TD Cowen reduced their price target on Comcast from $39.00 to $36.00 and set a “buy” rating on the stock in a report on Friday, October 23rd. Freedom Broker lowered their price target on Comcast from $29.00 to $25.00 and set a “hold” rating for the company in a research report on Monday, October 26th. Citigroup dropped their price objective on Comcast from $30.00 to $27.50 and set a “buy” rating for the company in a report on Thursday, September 24th. Finally, Wells Fargo & Company set a $23.00 price objective on Comcast and gave the stock an “underweight” rating in a research report on Friday, July 24th. Ten equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and six have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Comcast currently has an average rating of “Hold” and a consensus price target of $28.77.

Get Our Latest Analysis on Comcast

Comcast Stock Up 5.0%

Shares of NASDAQ:CMCSA opened at $24.85 on Thursday. The stock has a fifty day simple moving average of $23.23 and a two-hundred day simple moving average of $26.03. The stock has a market capitalization of $88.24 billion, a price-to-earnings ratio of 7.86, a PEG ratio of 1.67 and a beta of 0.72. Comcast Corporation has a 12-month low of $20.48 and a 12-month high of $32.85. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.91.

Comcast (NASDAQ:CMCSA – Get Free Report) last released its earnings results on Thursday, October 22nd. The cable giant reported $1.07 EPS for the quarter, topping the consensus estimate of $0.99 by $0.08. Comcast had a return on equity of 14.64% and a net margin of 9.20%. The business had revenue of $29.30 billion for the quarter, compared to the consensus estimate of $29.22 billion. During the same period in the previous year, the company posted $1.12 earnings per share. The company’s revenue for the quarter was down 6.1% compared to the same quarter last year. On average, research analysts anticipate that Comcast Corporation will post 3.54 earnings per share for the current fiscal year.

Comcast Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 27th. Investors of record on Wednesday, January 6th will be paid a $0.33 dividend. The ex-dividend date is Wednesday, January 6th. This represents a $1.32 dividend on an annualized basis and a yield of 5.3%. Comcast’s payout ratio is presently 41.77%.

Comcast Company Profile

(Free Report)

Comcast Corporation is a global media and communications company headquartered in Philadelphia, Pennsylvania. Founded in 1963 as American Cable Systems, the company grew through the expansion of cable television and broadband services and adopted the Comcast name in 1969.

Through its Connectivity & Platforms businesses, Comcast provides residential and business customers with broadband internet, video, voice, mobile and related services. Its Xfinity brand offers internet, television, streaming and wireless products in the United States, while Comcast Business serves commercial and enterprise customers with connectivity, communications and technology solutions.