Lazard Inc (LAZ)

Lazard's stock price decreased by 19.05% over the past six months. However, the company reported strong third-quarter 2025 results, surpassing revenue and earnings expectations, with adjusted earnings per share of 56 cents and quarterly adjusted net revenues rising 12.4% year-over-year to $724.6 million. Assets Under Management (AUM) also saw a significant rise, reaching $264.5 billion. Despite the positive earnings report, the market's response was modestly negative, and insider selling of Lazard shares has been observed.

While explicit seasonality data is not available, the nature of Lazard's business suggests some influences. Asset growth can be erratic and seasonal. Demand for certain advisory services can be influenced by broader economic cycles and market conditions, which may exhibit seasonal patterns. A "LAZ Seasonality" tool exists to display mean and median monthly returns for the stock, which could indirectly reflect seasonal patterns in demand for its services.

Lazard, Inc. is a global financial advisory and asset management firm operating in the Financials sector, specifically in Investment Management & Fund Operators and Capital Markets. The company's core business is divided into Financial Advisory, which includes strategic advice on M&A, capital markets, and restructuring, and Asset Management, which offers global investment solutions and wealth management services.

Lazard has a significant global presence, operating from 41 cities across 26 countries in North and South America, Europe, the Middle East, Asia, and Australia. Its principal executive offices are located in New York City, Paris, and London.

Lazard is recognized as a preeminent financial advisory and asset management firm, known for providing sophisticated advice and investment solutions. The firm emphasizes excellence, integrity, and innovation. In September 2025, Lazard's CEO and Chairman, Peter Orszag, shared the "Lazard 2030" vision, outlining the firm's future ambitions and long-term growth strategy.

Lazard's ownership structure includes institutional and individual investors. Major institutional owners include Vanguard Group Inc., Fmr Llc, Price T Rowe Associates Inc /md/, and BlackRock, Inc. Key individual owners include Kenneth M. Jacobs, Lazard's Chairman and CEO, who holds 2.28% of Class A Common shares. Institutions collectively hold approximately 90.9% of the company's shares.