Engineers Gate Manager LP Has $4.01 Million Stock Holdings in Lazard, Inc. $LAZ

Posted by Francis Steltz on Sep 13th, 2026

Engineers Gate Manager LP boosted its stake in Lazard, Inc. (NYSE:LAZ – Free Report) by 74.7% during the second quarter, Holdings Channel reports. The institutional investor owned 95,509 shares of the asset manager’s stock after buying an additional 40,846 shares during the period. Engineers Gate Manager LP’s holdings in Lazard were worth $4,006,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Kestra Advisory Services LLC bought a new stake in shares of Lazard during the fourth quarter worth approximately $26,000. IFP Advisors Inc increased its stake in shares of Lazard by 53.5% during the third quarter. IFP Advisors Inc now owns 643 shares of the asset manager’s stock worth $34,000 after purchasing an additional 224 shares during the period. State of Wyoming acquired a new stake in Lazard during the 2nd quarter worth approximately $38,000. Triumph Capital Management bought a new stake in Lazard in the 3rd quarter valued at $42,000. Finally, Integrated Wealth Concepts LLC bought a new stake in Lazard in the 2nd quarter valued at $36,000. 54.80% of the stock is owned by institutional investors.

Insider Transactions at Lazard

In other Lazard news, CEO Peter Orszag sold 125,000 shares of Lazard stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $43.52, for a total value of $5,440,000.00. Following the transaction, the chief executive officer owned 260,942 shares in the company, valued at $11,356,195.84. The trade was a 32.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.95% of the stock is currently owned by corporate insiders.

Lazard Price Performance

LAZ stock opened at $41.15 on Friday. The company’s 50-day moving average price is $43.23 and its two-hundred day moving average price is $44.46. The firm has a market cap of $4.55 billion, a P/E ratio of 20.17, a P/E/G ratio of 1.12 and a beta of 1.43. The company has a quick ratio of 2.84, a current ratio of 2.84 and a debt-to-equity ratio of 1.87. Lazard, Inc. has a 12 month low of $38.67 and a 12 month high of $58.75.

Lazard (NYSE:LAZ – Get Free Report) last posted its quarterly earnings results on Friday, July 24th. The asset manager reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.22). Lazard had a return on equity of 23.58% and a net margin of 6.95%.The firm had revenue of $786.47 million for the quarter, compared to analyst estimates of $736.29 million. During the same quarter in the prior year, the business posted $0.52 EPS. The business’s revenue was up 1.5% on a year-over-year basis. On average, analysts anticipate that Lazard, Inc. will post 2.18 earnings per share for the current fiscal year.

Lazard Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Monday, August 3rd were paid a $0.50 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $2.00 annualized dividend and a yield of 4.9%. Lazard’s dividend payout ratio (DPR) is 98.04%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. UBS Group reiterated a “neutral” rating and set a $44.00 price objective on shares of Lazard in a research report on Tuesday, June 9th. Keefe, Bruyette & Woods lowered their price target on shares of Lazard from $44.00 to $42.00 and set a “market perform” rating on the stock in a research report on Friday, July 24th. Weiss Ratings cut shares of Lazard from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, July 29th. The Goldman Sachs Group restated a “sell” rating on shares of Lazard in a research report on Thursday, July 23rd. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Lazard in a report on Friday, July 24th. Four analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $50.38.

Check Out Our Latest Stock Analysis on Lazard

About Lazard

(Free Report)

Lazard Ltd. (NYSE: LAZ) is a global financial advisory and asset management firm. The company provides advice on mergers and acquisitions, capital structure, restructuring, strategic matters and other corporate finance activities. Lazard also offers asset management services for institutions, financial intermediaries, private clients and other investors.

Lazard traces its origins to 1848, when the Lazard brothers established a business in New Orleans. The firm later expanded to San Francisco and Paris, developing an international platform that serves clients across North America, Europe, Asia-Pacific and other key global markets.

The company operates through financial advisory and asset management businesses, with teams serving corporations, governments, institutions and high-net-worth individuals.