Lazard Inc.'s LAZ stock has lost 14.1% over the past six months against the industry's growth of 5.5%. The underperformance raises questions about whether the recent pullback presents an attractive entry point or if investors should wait for greater clarity on the company's growth outlook.
LAZ's AUM rises marginally in July to $286.9B on market appreciation despite net outflows. Let's see if it can sustain AUM growth on strong client demand.
Lazard shows strength in Asset Management, with revenue up 23% YoY and positive fee mix shifts on AUM growth. Advisory faces headwinds from geopolitics, rising capital costs and associated subdued private equity M&A, limiting near-term catalysts. Strategic activity and restructuring support advisory, but DCM and ECM outlook remains weak amid ongoing market uncertainty driven by capital cost risks.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 6,547 | $236,107.67 | $288,591.76 | $52,484.09 | 22.23% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 27,722 | $1.16M | $1.23M | $62,661.4 | 5.39% |
Mason Hawkins Southeastern Asset Management | 18,608 | $763,415.98 | $830,661.12 | $67,245.14 | 8.81% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 179 | $7,532.53 | $7,788.29 | $255.76 | 3.4% |
| NA Nizar Araji National Bank Of Canada /FI/ | 116,445 | $4.71M | $5.15M | $440,485.23 | 9.36% |
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| RK Ryan Kenny Morgan Stanley | -804.3 | $34,273.22 | $34,086.35 | $186.87 | 0.55% |
| Capital Markets Industry | Financials Sector | Jonathan S. Thomas CEO | NYSE Exchange | 52110M109 CUSIP |
| US Country | 3,279 Employees | 3 Aug 2026 Last Dividend | - Last Split | 5 May 2005 IPO Date |
Lazard, Inc. is a distinguished financial advisory and asset management firm that has established a global footprint across North and South America, Europe, the Middle East, Asia, and Australia. Founded in 1848 and headquartered in New York, New York, Lazard operates through its subsidiaries to offer comprehensive financial services. It is structured into two main segments: Financial Advisory and Asset Management, catering to a diverse clientele that includes corporations, partnerships, institutions, governments, sovereign entities, and individuals. Lazard's extensive industry expertise covers a wide range of sectors such as consumer, financial institutions, healthcare and life sciences, industrials, power and energy/infrastructure, real estate, technology, telecommunications, and media and entertainment.
This segment provides a plethora of financial advisory services inclusive of mergers and acquisitions, capital markets advisory, shareholder and geopolitical advisory, and various strategic advisory services. Moreover, it engages in restructuring and liability management, along with capital raising and placement services. These services are tailored for a broad spectrum of clients, ranging from corporate, partnership, institutional, government, sovereign, to individuals within numerous industry areas.
The Asset Management segment delivers a comprehensive array of investment solutions and wealth management services in equity and fixed income strategies. It focuses on asset allocation strategies and alternative investments including private equity funds, catering to a varied clientele such as corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries, and private clients.