Mackenzie Financial Corp Buys 557,884 Shares of Comcast Corporation $CMCSA

Key Points

• Mackenzie Financial Corp increased its stake in Comcast (NASDAQ:CMCSA) by 39.2%, buying 557,884 shares to own 1,981,398 shares valued at about $62.26 million (roughly 0.05% of the company).
• CEO Michael J. Cavanagh sold 57,947 shares on Feb. 11 for approximately $1.89 million, reducing his personal holding by 8.52% to 622,336 shares.
• Comcast beat Q results with EPS of $0.84 vs. $0.75 expected and revenue of $32.31 billion (roughly in line with estimates), and announced a $0.33 quarterly dividend (annualized $1.32) implying a roughly 4.4% yield.

Mackenzie Financial Corp lifted its stake in Comcast Corporation (NASDAQ:CMCSA - Free Report) by 39.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,981,398 shares of the cable giant's stock after buying an additional 557,884 shares during the period. Mackenzie Financial Corp owned approximately 0.05% of Comcast worth $62,256,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of CMCSA. Capital A Wealth Management LLC raised its holdings in Comcast by 173.7% during the 2nd quarter. Capital A Wealth Management LLC now owns 687 shares of the cable giant's stock valued at $25,000 after buying an additional 436 shares during the last quarter. Avalon Trust Co grew its holdings in Comcast by 433.3% in the 2nd quarter. Avalon Trust Co now owns 768 shares of the cable giant's stock worth $27,000 after acquiring an additional 624 shares during the last quarter. Howard Hughes Medical Institute bought a new stake in Comcast in the 2nd quarter worth $29,000. Newbridge Financial Services Group Inc. purchased a new position in shares of Comcast in the second quarter valued at about $31,000. Finally, Corsicana & Co. bought a new position in shares of Comcast during the third quarter valued at about $32,000. Institutional investors own 84.32% of the company's stock.

Key Headlines Impacting Comcast

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: Comcast will expand its Comcast Business high‑speed, symmetrical internet, cybersecurity and tech services into the Quad Cities — its first infrastructure investment in Iowa — which should grow B2B recurring revenue and widen the company’s service footprint. Read More.
• Positive Sentiment: FreeWheel (Comcast’s ad tech unit) launched an AI agent infrastructure to streamline buying/selling of premium video ads and is piloting with PMG — a product that can boost ad yield and margin over time if adoption scales. Read More.
• Positive Sentiment: Xfinity will deliver THE PLAYERS Championship in RealTime4K via NBC Sports/Golf Channel, a content/tech differentiator that can aid customer retention and upsell for video/broadband bundles. Read More.
• Neutral Sentiment: Comcast scheduled its Q1 2026 earnings conference call for April 23 — a clear near‑term catalyst when management will give updated subscriber, ad and parks/streaming outlooks. Read More.
• Neutral Sentiment: Industry piece comparing Charter vs. Comcast highlights strategic differences (Charter focused on connectivity; Comcast more diversified into theme parks, streaming, live sports). Useful framing for investors weighing relative long‑term bets. Read More.
• Neutral Sentiment: Short‑interest reports this week show a flagged “large increase” but the published values are zero/NaN and days‑to‑cover = 0.0 — likely a data/reporting anomaly, so treat short‑interest impact as unclear until corrected filings are posted.
• Negative Sentiment: Market coverage notes Comcast shares have dipped more than the broader market in recent sessions, reflecting short‑term selling pressure and investor caution despite recent product wins. Read More.

Insider Buying and Selling

In related news, CEO Michael J. Cavanagh sold 57,947 shares of the stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $32.66, for a total transaction of $1,892,549.02. Following the sale, the chief executive officer directly owned 622,336 shares of the company's stock, valued at approximately $20,325,493.76. This represents a 8.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.32% of the company's stock.

Comcast Stock Performance

Shares of CMCSA opened at $30.16 on Friday. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.96. The stock has a market cap of $108.51 billion, a P/E ratio of 5.62, a P/E/G ratio of 2.38 and a beta of 0.79. The business's 50 day moving average price is $30.12 and its 200-day moving average price is $29.91. Comcast Corporation has a 52 week low of $25.75 and a 52 week high of $37.72.

Comcast (NASDAQ:CMCSA - Get Free Report) last posted its quarterly earnings data on Thursday, January 29th. The cable giant reported $0.84 earnings per share for the quarter, beating analysts' consensus estimates of $0.75 by $0.09. Comcast had a return on equity of 16.86% and a net margin of 16.17%.The company had revenue of $32.31 billion during the quarter, compared to analyst estimates of $32.35 billion. During the same quarter last year, the company earned $0.96 EPS. The firm's revenue for the quarter was up 1.2% on a year-over-year basis. Equities research analysts anticipate that Comcast Corporation will post 4.33 earnings per share for the current fiscal year.

Comcast Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 22nd. Investors of record on Wednesday, April 1st will be paid a $0.33 dividend. The ex-dividend date is Wednesday, April 1st. This represents a $1.32 dividend on an annualized basis and a yield of 4.4%. Comcast's payout ratio is presently 24.58%.

Analyst Upgrades and Downgrades

CMCSA has been the subject of a number of analyst reports. Bank of America upgraded shares of Comcast from a "neutral" rating to a "buy" rating and increased their target price for the stock from $31.00 to $37.00 in a report on Monday, January 12th. Arete Research set a $23.00 price target on Comcast in a research report on Tuesday, January 6th. Barclays set a $28.00 price objective on Comcast and gave the stock an "equal weight" rating in a report on Tuesday, January 13th. UBS Group cut their price objective on Comcast from $36.00 to $32.00 and set a "neutral" rating on the stock in a research report on Friday, January 30th. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on Comcast from $40.00 to $35.00 and set a "buy" rating on the stock in a research note on Friday, January 30th. Ten equities research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $34.87.

Comcast Profile

Comcast Corporation NASDAQ: CMCSA is a diversified global media and technology company headquartered in Philadelphia, Pennsylvania. Its principal operations are organized around Comcast Cable, which provides broadband internet, video, voice and wireless services to residential and business customers in the United States under the Xfinity and Comcast Business brands, and NBCUniversal, a media and entertainment group that develops, produces and distributes content across broadcast and cable networks, film, and streaming platforms.

NBCUniversal's assets include the NBC broadcast network, a portfolio of cable channels, Universal Pictures and other film and television production businesses, and the Peacock streaming service.

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