Lazard Inc (LAZ)

Over the past six months, Lazard's stock experienced several notable events. Lazard reported Q3 2025 earnings with net revenue of $748 million and record adjusted net revenue of $725 million. The firm reported preliminary AUM of approximately $264.5 billion as of September 30, 2025. Lazard appointed Bill Young as Head of Diversified Industrials, along with Jean Greene and Paolo Battaglia as Managing Directors. Lazard reported a strong fourth quarter for 2025, exceeding analyst expectations with adjusted EPS of $0.80. Lazard declared a quarterly dividend of $0.50 per share. Lazard Asset Management announced the expansion of its credit platform with a new Head of Leveraged Loans and High Yield. The stock price has seen daily fluctuations, with a 52-week high of 58.07 and a low of 31.97.

Demand for Lazard's services is influenced by economic activity, market confidence, and corporate strategic initiatives. Demand for M&A advisory, restructuring, and capital solutions often correlates with overall economic activity. Asset management services can be affected by market performance, investor sentiment, and capital flows. The firm's diversified business model helps mitigate the impact of seasonality.

Lazard, Inc. is a global financial advisory and asset management firm operating in the financial services sector. It provides advice and investment solutions through two segments: Financial Advisory, offering services like M&A advice and restructuring, and Asset Management, providing global investment solutions. As of September 30, 2025, Lazard's preliminary assets under management totaled approximately $264.5 billion.

Lazard has a global presence, operating from 41 cities across 26 countries in North America, South America, Europe, the Middle East, Asia, and Australia. Its principal executive offices are located in New York City, Paris, and London. In April 2025, Lazard expanded into the United Arab Emirates, establishing Abu Dhabi as its main financial advisory office for the country.

Lazard is recognized for excellence, integrity, and innovation in global financial services. In September 2025, Lazard CEO and Chairman Peter Orszag shared an update on the firm's 2030 vision, focusing on relevance, revenue, and returns. The establishment of a new financial advisory office in Abu Dhabi highlights Lazard's commitment to deepening its presence in the MENA region. The appointment of new managing directors in its Global Industrials Group demonstrates Lazard's ongoing investment in top-tier advisory talent.

Lazard, Inc. has a significant number of institutional owners and shareholders. As of January 26, 2026, there were 598 institutional owners holding a total of 102,029,987 shares. Major institutional owners include Vanguard Group Inc., Fmr Llc, Price T Rowe Associates Inc /md/, BlackRock, Inc., and Ariel Investments, Llc. Kenneth M. Jacobs is noted as a significant individual beneficial owner.