Comcast Corporation $CMCSA Shares Acquired by Assetmark Inc.

Posted by Francis Steltz on Jul 17th, 2026

Assetmark Inc. lifted its stake in shares of Comcast Corporation (NASDAQ:CMCSA – Free Report) by 9.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,061,076 shares of the cable giant’s stock after purchasing an additional 367,244 shares during the period. Assetmark Inc.’s holdings in Comcast were worth $116,593,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in Comcast by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 369,311,219 shares of the cable giant’s stock worth $11,038,712,000 after buying an additional 2,160,829 shares during the last quarter. State Street Corp increased its position in shares of Comcast by 3.4% during the fourth quarter. State Street Corp now owns 186,805,081 shares of the cable giant’s stock worth $5,583,604,000 after purchasing an additional 6,117,946 shares in the last quarter. Capital World Investors raised its stake in Comcast by 20.8% in the 4th quarter. Capital World Investors now owns 140,343,399 shares of the cable giant’s stock valued at $4,194,929,000 after purchasing an additional 24,166,881 shares during the last quarter. Dodge & Cox lifted its holdings in Comcast by 0.4% in the 4th quarter. Dodge & Cox now owns 112,967,514 shares of the cable giant’s stock valued at $3,376,599,000 after purchasing an additional 399,596 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Comcast by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 89,913,362 shares of the cable giant’s stock valued at $2,680,747,000 after purchasing an additional 1,465,428 shares in the last quarter. Institutional investors and hedge funds own 84.32% of the company’s stock.

Key Comcast News

Here are the key news stories impacting Comcast this week:

Positive Sentiment: Comcast has recently shown relative strength versus the broader market, with one report noting the shares outperformed in the latest session and closed higher, suggesting some investors are still buying the dip ahead of earnings.
Neutral Sentiment: The company is set to report earnings on Thursday, and analysts are framing the release as a key test of whether Comcast can beat expectations amid signs of declining earnings. Analysts Estimate Comcast (CMCSA) to Report a Decline in Earnings: What to Look Out for
Neutral Sentiment: Scotiabank lowered its price target on Comcast to $32.75 from $36 while keeping a sector perform rating, signaling reduced upside expectations rather than a major change in outlook.
Neutral Sentiment: Wells Fargo also trimmed its price target to $28 from $29 and maintained an Underweight rating, reinforcing a cautious stance on the stock.
Negative Sentiment: Comcast agreed to a $117.5 million settlement related to the Xfinity data breach, adding legal, reputational, and cybersecurity overhang ahead of earnings.

Comcast Trading Up 2.6%

Shares of CMCSA stock opened at $24.10 on Friday. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.01. Comcast Corporation has a twelve month low of $22.13 and a twelve month high of $36.01. The company’s 50-day moving average price is $24.04 and its 200-day moving average price is $27.53. The stock has a market cap of $86.09 billion, a price-to-earnings ratio of 4.74, a PEG ratio of 1.94 and a beta of 0.67.

Comcast (NASDAQ:CMCSA – Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The cable giant reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.06. Comcast had a net margin of 15.00% and a return on equity of 15.47%. The firm had revenue of $31.46 billion during the quarter, compared to analysts’ expectations of $30.42 billion. During the same period last year, the business earned $1.09 earnings per share. Comcast’s revenue was up 5.3% compared to the same quarter last year. As a group, equities analysts predict that Comcast Corporation will post 3.49 earnings per share for the current year.

Comcast Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 1st will be given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 5.5%. The ex-dividend date of this dividend is Wednesday, July 1st. Comcast’s payout ratio is presently 25.98%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on CMCSA. Evercore upped their target price on shares of Comcast from $35.00 to $36.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. New Street Research decreased their price target on shares of Comcast from $31.00 to $30.00 and set a “buy” rating on the stock in a research note on Thursday, June 25th. Freedom Capital upgraded shares of Comcast to a “hold” rating in a research report on Friday, June 12th. The Goldman Sachs Group dropped their price objective on shares of Comcast from $29.00 to $26.00 and set a “neutral” rating for the company in a research note on Thursday, July 2nd. Finally, Zacks Research raised shares of Comcast from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. Eleven investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Comcast presently has a consensus rating of “Hold” and an average price target of $33.64.

Get Our Latest Report on CMCSA

Comcast Company Profile

(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.