Comcast Corporation $CMCSA Shares Purchased by Rakuten Investment Management Inc.

Posted by Geri Gentry on Nov 5th, 2026

Rakuten Investment Management Inc. raised its stake in Comcast Corporation (NASDAQ:CMCSA – Free Report) by 9.8% in the 3rd quarter, Holdings Channel.com reports. The fund owned 943,795 shares of the cable giant’s stock after buying an additional 83,925 shares during the quarter. Rakuten Investment Management Inc.’s holdings in Comcast were worth $20,386,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Bank of America Corp DE grew its position in Comcast by 10.2% during the 1st quarter. Bank of America Corp DE now owns 40,864,921 shares of the cable giant’s stock worth $1,173,232,000 after acquiring an additional 3,783,234 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Comcast by 1.8% during the first quarter. Dimensional Fund Advisors LP now owns 29,461,308 shares of the cable giant’s stock valued at $845,919,000 after acquiring an additional 507,097 shares in the last quarter. First Trust Advisors LP lifted its stake in shares of Comcast by 4.9% in the first 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 in the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its holdings in Comcast by 824.4% during 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 purchasing an additional 10,359,800 shares in the last quarter. Finally, Swiss National Bank boosted its holdings in Comcast by 5.7% during the first quarter. Swiss National Bank now owns 10,666,200 shares of the cable giant’s stock worth $306,227,000 after purchasing an additional 574,300 shares during the last quarter. Institutional investors and hedge funds own 84.32% of the company’s stock.

Comcast Price Performance

Shares of NASDAQ CMCSA opened at $24.85 on Thursday. Comcast Corporation has a 1 year low of $20.48 and a 1 year high of $32.85. The stock has a market capitalization of $88.24 billion, a P/E ratio of 7.86, a P/E/G ratio of 1.67 and a beta of 0.72. The company’s 50-day moving average is $23.23 and its 200 day moving average is $26.03. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.82 and a quick ratio of 0.82.

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

Comcast Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 27th. Stockholders of record on Wednesday, January 6th will be issued a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 5.3%. The ex-dividend date is Wednesday, January 6th. Comcast’s dividend payout ratio (DPR) is 41.77%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Raymond James Financial restated a “market perform” rating on shares of Comcast in a research note on Friday, October 2nd. Scotiabank reduced their price target on shares of Comcast from $29.00 to $27.50 and set a “sector perform” rating for the company in a research report on Friday, October 2nd. KeyCorp lowered Comcast from a “sector weight” rating to an “underweight” rating and set a $18.00 price objective for the company. in a research note on Thursday, September 24th. TD Cowen cut their price objective on Comcast from $39.00 to $36.00 and set a “buy” rating for the company in a report on Friday, October 23rd. Finally, Citigroup dropped their target price on shares of Comcast from $30.00 to $27.50 and set a “buy” rating for the company in a research report on Thursday, September 24th. Ten equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and six have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $28.77.

Check Out Our Latest Research Report on CMCSA

About Comcast

(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.