Entropy Technologies LP Cuts Position in Comcast Corporation $CMCSA

Entropy Technologies LP lessened its position in Comcast Corporation (NASDAQ:CMCSA) by 61.1% during the first quarter, Holdings Channel reports. The fund owned 155,234 shares of the cable giant’s stock after selling 243,637 shares during the period. Entropy Technologies LP’s holdings in Comcast were worth $4,457,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Healthcare of Ontario Pension Plan Trust Fund lifted its stake 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 worth $333,509,000 after purchasing an additional 10,359,800 shares during the last quarter. Bollard Group LLC increased its position in shares of Comcast by 1.1% during the 1st quarter. Bollard Group LLC now owns 37,607 shares of the cable giant’s stock valued at $1,080,000 after purchasing an additional 405 shares during the last quarter. Morningstar Investment Management LLC increased its position in shares of Comcast by 6.4% during the 1st quarter. Morningstar Investment Management LLC now owns 173,139 shares of the cable giant’s stock valued at $4,971,000 after purchasing an additional 10,378 shares during the last quarter. Public Employees Retirement System of Ohio raised its holdings in shares of Comcast by 0.8% during the 1st quarter. Public Employees Retirement System of Ohio now owns 1,772,703 shares of the cable giant’s stock valued at $50,894,000 after buying an additional 13,227 shares in the last quarter. Finally, Compound Planning Inc. raised its holdings in shares of Comcast by 48.8% during the 1st quarter. Compound Planning Inc. now owns 39,767 shares of the cable giant’s stock valued at $1,142,000 after buying an additional 13,042 shares in the last quarter. Hedge funds and other institutional investors own 84.32% of the company’s stock.

Comcast Stock Performance

Shares of NASDAQ:CMCSA opened at $22.30 on Friday. The company has a market cap of $79.66 billion, a price-to-earnings ratio of 7.22, a price-to-earnings-growth ratio of 1.84 and a beta of 0.67. The company has a 50-day moving average price of $23.82 and a 200-day moving average price of $27.26. The company has a current ratio of 0.80, a quick ratio of 0.87 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.

Comcast (NASDAQ:CMCSA) last posted its earnings results on Thursday, July 23rd. The cable giant reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.97 by $0.07. The company had revenue of $29.94 billion during the quarter, compared to analyst estimates of $29.24 billion. Comcast had a net margin of 8.97% and a return on equity of 14.77%. Comcast’s revenue for the quarter was down 1.2% on a year-over-year basis. During the same period in the prior year, the business posted $1.25 earnings per share. As a group, equities analysts anticipate that Comcast Corporation will post 3.47 EPS for the current year.

Comcast Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 28th. Shareholders of record on Wednesday, October 7th will be issued a $0.33 dividend. The ex-dividend date is Wednesday, October 7th. This represents a $1.32 annualized dividend and a yield of 5.9%. Comcast’s dividend payout ratio (DPR) is 25.98%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on CMCSA shares. Barclays set a $26.00 target price on Comcast and gave the stock an “equal weight” rating in a research note on Friday. KeyCorp reissued a “sector weight” rating on shares of Comcast in a research note on Thursday, April 23rd. Rosenblatt Securities restated a “buy” rating and issued a $31.00 price objective on shares of Comcast in a report on Friday. Citigroup reduced their target price on shares of Comcast from $35.50 to $32.00 and set a “buy” rating on the stock in a report on Monday, June 29th. Finally, New Street Research decreased their target price on shares of Comcast from $31.00 to $30.00 and set a “buy” rating on the stock in a research report on Thursday, June 25th. Eleven research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $32.96.

Key Comcast News

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: Comcast beat second-quarter estimates, with adjusted EPS of $1.04 and revenue of $29.94 billion, both above Wall Street expectations. The beat was supported by record wireless additions, stronger studio performance, and improving broadband trends. Comcast Reports 2nd Quarter 2026 Results
• Positive Sentiment: Peacock turned profitable for the first time, adding 2 million paid subscribers to reach 48 million, which is boosting sentiment around Comcast’s media and streaming turnaround. Comcast’s Peacock records first ever profit on World Cup, ‘Love Island USA’ boost
• Positive Sentiment: Management said broadband repositioning, wireless growth, and the planned NBCUniversal/Sky separation are progressing, while Rosenblatt reiterated a Buy rating and a $31 price target, implying meaningful upside from recent levels. CMCSA Q2 Earnings Call Highlights Broadband Pivot and Wireless Growth
• Neutral Sentiment: Comcast declared a quarterly dividend of $0.33 per share, reinforcing its income profile, but this is unlikely to be the main driver of the stock’s move today.
• Neutral Sentiment: Recent short-interest data was effectively flat at zero, so there is no clear short-squeeze or bearish positioning signal helping explain the move.
• Negative Sentiment: Offsetting the positives, domestic broadband customer losses continued and second-quarter profit was lower year over year, which keeps pressure on Comcast’s core connectivity business. Comcast Reports Lower Profit, Narrows Domestic Broadband Subscriber Losses
• Negative Sentiment: Some investors were also disappointed that Comcast paused share repurchases while it prepares for the planned business separation, reducing a prior source of stock support. Comcast slips as broadband losses and buyback pause overshadow Q2 beat

About Comcast

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.