Dolby Laboratories $DLB Holdings Raised by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in Dolby Laboratories (NYSE:DLBFree Report) by 18.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,912 shares of the electronics maker’s stock after buying an additional 2,321 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Dolby Laboratories were worth $1,107,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of DLB. Vanguard Group Inc. lifted its stake in shares of Dolby Laboratories by 7.1% in the 1st quarter. Vanguard Group Inc. now owns 7,535,722 shares of the electronics maker’s stock worth $605,194,000 after acquiring an additional 502,110 shares during the period. AQR Capital Management LLC lifted its position in Dolby Laboratories by 63.6% in the first quarter. AQR Capital Management LLC now owns 1,143,978 shares of the electronics maker’s stock worth $90,946,000 after purchasing an additional 444,718 shares during the period. Jones Financial Companies Lllp lifted its position in Dolby Laboratories by 241,160.1% in the first quarter. Jones Financial Companies Lllp now owns 429,443 shares of the electronics maker’s stock worth $36,975,000 after purchasing an additional 429,265 shares during the period. Nuveen LLC bought a new position in Dolby Laboratories during the 1st quarter valued at $16,890,000. Finally, Martingale Asset Management L P acquired a new position in shares of Dolby Laboratories during the 1st quarter valued at $15,366,000. Institutional investors and hedge funds own 58.56% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Robert W. Baird assumed coverage on Dolby Laboratories in a research note on Friday, September 5th. They issued a “neutral” rating and a $74.00 price objective on the stock. Wall Street Zen cut shares of Dolby Laboratories from a “buy” rating to a “hold” rating in a research report on Saturday, November 22nd. Rosenblatt Securities cut their price target on shares of Dolby Laboratories from $95.00 to $85.00 and set a “buy” rating for the company in a report on Wednesday, November 19th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Dolby Laboratories in a research note on Thursday, November 13th. Finally, Barrington Research dropped their target price on shares of Dolby Laboratories from $100.00 to $95.00 and set an “outperform” rating on the stock in a report on Wednesday, November 19th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $92.00.

Get Our Latest Research Report on DLB

Dolby Laboratories Price Performance

Shares of DLB opened at $67.07 on Thursday. The company has a 50-day moving average of $68.31 and a two-hundred day moving average of $72.19. The stock has a market cap of $6.43 billion, a price-to-earnings ratio of 24.57 and a beta of 0.97. Dolby Laboratories has a one year low of $64.02 and a one year high of $89.66.

Dolby Laboratories (NYSE:DLBGet Free Report) last issued its quarterly earnings results on Tuesday, November 18th. The electronics maker reported $0.99 EPS for the quarter, beating the consensus estimate of $0.70 by $0.29. Dolby Laboratories had a net margin of 19.62% and a return on equity of 11.52%. The business had revenue of $307.02 million during the quarter, compared to the consensus estimate of $305.76 million. During the same quarter in the prior year, the firm earned $0.61 EPS. The firm’s quarterly revenue was up .7% on a year-over-year basis. Dolby Laboratories has set its FY 2026 guidance at 4.190-4.340 EPS. Q1 2026 guidance at 0.790-0.940 EPS. Analysts anticipate that Dolby Laboratories will post 2.94 earnings per share for the current year.

Dolby Laboratories Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Tuesday, December 2nd will be issued a dividend of $0.36 per share. This is a positive change from Dolby Laboratories’s previous quarterly dividend of $0.33. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Tuesday, December 2nd. Dolby Laboratories’s dividend payout ratio is presently 54.75%.

Insider Activity at Dolby Laboratories

In other news, SVP John D. Couling sold 6,164 shares of the company’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $66.12, for a total value of $407,563.68. Following the transaction, the senior vice president owned 115,338 shares in the company, valued at $7,626,148.56. This represents a 5.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Kevin J. Yeaman sold 36,699 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $66.91, for a total transaction of $2,455,530.09. Following the sale, the chief executive officer owned 114,725 shares of the company’s stock, valued at approximately $7,676,249.75. This represents a 24.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 95,863 shares of company stock valued at $6,572,994. Company insiders own 38.39% of the company’s stock.

Dolby Laboratories Company Profile

(Free Report)

Dolby Laboratories, Inc creates audio and imaging technologies that transform entertainment at the cinema, DTV transmissions and devices, mobile devices, OTT video and music services, home entertainment devices, and automobiles. The company develops and licenses its audio technologies, such as AAC & HE-AAC, a digital audio codec solution used for a range of media applications; AVC, a digital video codec with high bandwidth efficiency used in various media devices; Dolby AC-4, a digital audio coding technology that delivers new audio experiences to a range of playback devices; and Dolby Atmos technology for cinema and various media devices.

See Also

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Institutional Ownership by Quarter for Dolby Laboratories (NYSE:DLB)

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