Market Cap
$3.5B
LAZ
Lazard, Inc.
$36.44 ▲ +0.00%
Prev close $36.44Market cap$3.5B
ConsensusHold
12-mo target$46.63 (+28.0%)
▲ Neutral
Analyst conviction 5/10
Insider Selling Cluster (2 insiders)35 New Institutional Positions15 Institutional Exits Traditional Finance
Snapshot
The big-picture read on LAZ right now — valuation, ownership and activity at a glance.
Cap Size
Mid Cap
Analyst Consensus
Hold (47%)
Inst. Holders
50 funds
Inst. Value
$3.5B
Inst. Activity
35 buys / 15 sells
Insider Activity
$0.00 buy / $8.7M sell
Insider Net $
-$8.7M
SEC Reports
3
Price chart 30d -15.2%
Daily candles (open–high–low–close) with volume. Green = up day, red = down day.
No data for this timeframe.
Vol
Recent activity
The latest filings, insider trades, analyst actions, press and options flow — newest first.
Sep 30, 2026 short_volume
Short Volume: LAZ — 78.0% short (0.5M / 0.6M)
Short: 475,977 | Exempt: 1 | TRF Vol: 610,242 | Short Ratio: 78.0% | Off-exchange volume (dark pool
Aug 25, 2026 Insider
Orszag Peter Richard sold 125,000 shares
CEO & Chairman @ $43.52 ($5.4M)
Aug 24, 2026 Insider
Orszag Peter Richard acquired via exercise 250,000 shares
CEO & Chairman
Aug 24, 2026 Insider
Jul 23, 2026 SEC Orszag Peter Richard disposed of 75,000 shares
CEO & Chairman
Lazard reported Q2 2026 adjusted EPS of $0.12, a 71% miss vs consensus of $0.42, driven by an anomalously high effective
8-K — Impact 5/10
Lazard announced the retirement of board member Andrew M. Alper after 13 years and the appointment of Kathy Elsesser, a
8-K — Impact 2/10
Jun 30, 2026 Inst.
STATE STREET CORP — ADD
3,632,893 shares ($152.4M)
Jun 30, 2026 Inst.
GOLDMAN SACHS GROUP INC — DOUBLED
2,986,539 shares ($125.3M)
Analyst ratings buy % -6.0%
How Wall Street rates the stock today, and the latest firm-by-firm actions.
47% rate it Buy or better · 15 analysts
Recent analyst actions
| Date | Firm | Action | Rating | Firm rating |
|---|---|---|---|---|
| Oct 1, 2026 | Goldman Sachs | MAINTAIN | Sell | 54% |
| Jul 24, 2026 | Keefe, Bruyette & Woods | MAINTAIN | Market Perform | 58% |
| Jul 10, 2026 | Keefe, Bruyette & Woods | MAINTAIN | Market Perform | 58% |
| Jul 9, 2026 | Morgan Stanley | MAINTAIN | Underweight | 55% |
| May 5, 2026 | Argus Research | MAINTAIN | Buy | 54% |
| May 4, 2026 | UBS | MAINTAIN | Neutral | 55% |
| May 4, 2026 | Keefe, Bruyette & Woods | MAINTAIN | Market Perform | 58% |
| Apr 14, 2026 | Goldman Sachs | MAINTAIN | Sell | 54% |
| Apr 10, 2026 | Citizens | MAINTAIN | Market Outperform | 38% |
| Apr 9, 2026 | Morgan Stanley | MAINTAIN | Underweight | 55% |
Monthly consensus history
| Period | Str. Buy | Buy | Hold | Sell | Str. Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Sep 1, 2026 | 3 | 4 | 6 | 2 | 0 | 47% | |
| Aug 1, 2026 | 3 | 4 | 6 | 2 | 0 | 47% | |
| Jul 1, 2026 | 3 | 4 | 6 | 2 | 0 | 47% | |
| Jun 1, 2026 | 3 | 4 | 6 | 2 | 0 | 47% | |
| May 1, 2026 | 3 | 4 | 6 | 2 | 0 | 47% | |
| Apr 1, 2026 | 3 | 5 | 5 | 2 | 0 | 53% | |
| Mar 1, 2026 | 3 | 5 | 5 | 2 | 0 | 53% | |
| Feb 1, 2026 | 3 | 5 | 5 | 2 | 0 | 53% |
Price targets
Where 8 covering analysts think LAZ trades over the next 12 months.
$46.63 +28.0% upside Strong Buy
Current$36.44 Low$36.00 Median$44.50 High$60.00 8 analysts
$36.00$60.00
Analyst rating Hold· 2.7/5 as of Oct 2, 2026
Reports & filings
AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.
3 SEC filing reports analyzed · 0 bullish, 1 bearish, 0 mixed, 2 neutral · avg impact 3.3/10.
BEARISH8-K5/10
Lazard reported Q2 2026 adjusted EPS of $0.12, a 71% miss vs consensus of $0.42, driven by an anomal
Jul 23, 2026
NEUTRAL8-K2/10
Lazard announced the retirement of board member Andrew M. Alper after 13 years and the appointment o
Jul 7, 2026
NEUTRALDEFA14A3/10
Lazard, Inc. filed a definitive additional proxy statement (DEFA14A) related to a shareholder meetin
Apr 7, 2026
Upcoming & catalyst events
Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.
Sep 30, 2026
short_volume
Short Volume: LAZ — 78.0% short (0.5M / 0.6M)
Short: 475,977 | Exempt: 1 | TRF Vol: 610,242 | Short Ratio: 78.0% | Off-exchange volume (dark pool + OTC)
Sep 29, 2026
short_volume
Short Volume: LAZ — 61.8% short (0.5M / 0.8M)
Short: 484,291 | Exempt: 0 | TRF Vol: 783,019 | Short Ratio: 61.8% | Off-exchange volume (dark pool + OTC)
Sep 28, 2026
other
Pranjal Gambhir Joins Lazard as Head of Medical Technology
NEW YORK, Sept. 28, 2026 /PRNewswire/ -- Lazard, Inc. (NYSE: LAZ) announced today that Pranjal Gambhir joined the firm as Head of Medical Technology,
Sep 18, 2026
short_volume
Short Volume: LAZ — 81.7% short (1.0M / 1.2M)
Short: 986,687 | Exempt: 3 | TRF Vol: 1,208,378 | Short Ratio: 81.7% | Off-exchange volume (dark pool + OTC)
Sep 16, 2026
short_volume
Short Volume: LAZ — 57.3% short (0.5M / 0.9M)
Short: 523,439 | Exempt: 4,103 | TRF Vol: 913,270 | Short Ratio: 57.3% | Off-exchange volume (dark pool + OTC)
Earnings estimates
Forecast earnings per share and revenue by period — and whether estimates are rising.
| Period | EPS Est. | Range | Growth | 30d Rev | Up/Dn | Revenue | # |
|---|---|---|---|---|---|---|---|
| Current Q | $0.59 | $0.38–$0.70 | 5.0% | -3.1% | 1↑ 7↓ | $0.8B | 9 |
| Next Q | $1.10 | $0.85–$1.35 | 37.6% | +0.5% | 3↑ 5↓ | $1.0B | 8 |
| Current FY | $2.22 | $1.77–$2.50 | -9.1% | -0.6% | 0↑ 9↓ | $3.3B | 10 |
| Next FY | $3.83 | $3.15–$4.70 | 72.6% | -0.5% | 0↑ 7↓ | $4.0B | 10 |
Current-quarter EPS estimate — revision history
| When | EPS estimate | Change vs now |
|---|---|---|
| Current | $0.588 | — |
| 7d ago | $0.607 | -0.019 |
| 30d ago | $0.607 | -0.019 |
| 60d ago | $0.606 | -0.018 |
| 90d ago | $0.739 | -0.151 |
Institutional ownership
Which big funds own LAZ (from quarterly 13F filings) and who is adding or trimming.
50 institutional holders with $3.5B total value (82,994,407 shares) as of 2026-Q2. Top holders: FMR, BlackRock,, VANGUARD. Net buying activity: 35 institutions added/increased vs 15 reduced.
Top holders — 2026-Q2
| Fund | Shares | Value | % Tracked | Last move |
|---|---|---|---|---|
| FMR LLC | 11,152,391 | $467.7M | 13.4% | — |
| BlackRock, Inc. | 9,038,924 | $379.1M | 10.9% | — |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 6,136,015 | $257.3M | 7.4% | — |
| ARIEL INVESTMENTS, LLC | 5,755,404 | $241.4M | 6.9% | — |
| VANGUARD CAPITAL MANAGEMENT LLC | 5,021,304 | $210.6M | 6.1% | — |
| STATE STREET CORP | 3,632,893 | $152.4M | 4.4% | ADD +93.0% |
| GOLDMAN SACHS GROUP INC | 2,986,539 | $125.3M | 3.6% | DOUBLED +217.8% |
| GEODE CAPITAL MANAGEMENT, LLC | 2,561,497 | $107.5M | 3.1% | — |
| Capital Research Global Investors | 2,242,241 | $94.0M | 2.7% | — |
| Fisher Asset Management, LLC | 2,148,377 | $90.1M | 2.6% | — |
Recent position changes
| Fund | Action | Prev | Current | Change | Value |
|---|---|---|---|---|---|
| STATE STREET CORP | ADD | 1,882,592 | 3,632,893 | +93.0% | $152.4M |
| GOLDMAN SACHS GROUP INC | DOUBLED | 939,892 | 2,986,539 | +217.8% | $125.3M |
| MORGAN STANLEY | ADD | 1,504,196 | 2,137,354 | +42.1% | $89.6M |
| NORGES BANK | NEW | — | 1,757,418 | — | $73.7M |
| BNP PARIBAS FINANCIAL MARKETS | DOUBLED | 51,231 | 1,362,926 | +2560.4% | $57.2M |
| BANK OF AMERICA CORP /DE/ | DOUBLED | 448,446 | 1,004,339 | +124.0% | $42.1M |
| JPMORGAN CHASE & CO | DOUBLED | 315,105 | 1,024,305 | +225.1% | $41.5M |
| UBS Group AG | DOUBLED | 395,447 | 964,653 | +143.9% | $40.5M |
| BANK OF NOVA SCOTIA | NEW | — | 804,872 | — | $33.8M |
| Bank of New York Mellon Corp | ADD | 477,912 | 752,606 | +57.5% | $31.6M |
Insider activity
Buying and selling by company executives and directors (SEC Form 4).
14 insiders, 41 transactions. Net -$8.7M — $0.00 bought, $8.7M sold.
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Aug 25, 2026 | Orszag Peter Richard | CEO & Chairman | SELL | 125,000 | $43.52 | $5.4M |
| Aug 24, 2026 | Orszag Peter Richard | CEO & Chairman | EXERCISE | 250,000 | — | — |
| Aug 24, 2026 | Orszag Peter Richard | CEO & Chairman | D | 75,000 | — | — |
| Aug 17, 2026 | Howe Stephen R. Jr. | Director | AWARD | 103 | — | — |
| Aug 14, 2026 | Gathy Michael | Chief Accounting Officer | AWARD | 145 | — | — |
| Aug 14, 2026 | Hogbin Christopher | CEO Asset Management | AWARD | 2,954 | — | — |
| Aug 14, 2026 | Farr Tracy | Chief Financial Officer | AWARD | 426 | — | — |
| Aug 14, 2026 | Soto Alexandra | Chief Operating Officer | AWARD | 3,413 | — | — |
| Jul 23, 2026 | Elsesser Kathy | Director | AWARD | 3,982 | — | — |
| Jun 1, 2026 | Shevelenko Dmitry | Director | AWARD | 3,777 | — | — |
Short interest & halts
FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for LAZ.
Shares short
9,934,545
Settlement Sep 15, 2026
Change vs prior
+6.4%
Semi-monthly cycle
Days to cover
8.7
At avg daily volume
Of shares outstanding
≈10.2%
Estimate — not % of float
All LAZ filing & press-release reports (3)
- 8-K reportJul 23, 2026
- 8-K reportJul 7, 2026
- DEFA14A reportApr 7, 2026