Dolby Laboratories, Inc. (NYSE:DLB - Free Report) - Equities research analysts at Barrington Research cut their Q3 2025 earnings per share (EPS) estimates for Dolby Laboratories in a research note issued on Wednesday, November 20th. Barrington Research analyst J. Goss now expects that the electronics maker will earn $0.50 per share for the quarter, down from their previous estimate of $0.52. Barrington Research has a "Outperform" rating and a $100.00 price target on the stock. The consensus estimate for Dolby Laboratories' current full-year earnings is $2.67 per share.
A number of other brokerages have also recently issued reports on DLB. StockNews.com raised shares of Dolby Laboratories from a "buy" rating to a "strong-buy" rating in a report on Monday, November 18th. Rosenblatt Securities upped their price target on shares of Dolby Laboratories from $98.00 to $100.00 and gave the stock a "buy" rating in a report on Wednesday, November 20th.
Read Our Latest Stock Report on Dolby Laboratories
Dolby Laboratories Stock Down 0.0 %
Dolby Laboratories stock traded down $0.02 during trading on Monday, hitting $80.53. The stock had a trading volume of 387,355 shares, compared to its average volume of 406,336. Dolby Laboratories has a 1 year low of $66.35 and a 1 year high of $90.06. The stock's 50 day moving average is $74.33 and its two-hundred day moving average is $75.98. The stock has a market cap of $7.68 billion, a price-to-earnings ratio of 29.72 and a beta of 0.98.
Institutional Trading of Dolby Laboratories
Several institutional investors and hedge funds have recently bought and sold shares of the stock. First Affirmative Financial Network lifted its holdings in Dolby Laboratories by 4.9% in the second quarter. First Affirmative Financial Network now owns 2,766 shares of the electronics maker's stock worth $219,000 after buying an additional 129 shares during the period. LRI Investments LLC lifted its holdings in shares of Dolby Laboratories by 6.0% during the second quarter. LRI Investments LLC now owns 2,293 shares of the electronics maker's stock valued at $182,000 after purchasing an additional 130 shares during the last quarter. First Horizon Advisors Inc. lifted its holdings in shares of Dolby Laboratories by 22.7% during the third quarter. First Horizon Advisors Inc. now owns 790 shares of the electronics maker's stock valued at $60,000 after purchasing an additional 146 shares during the last quarter. Signaturefd LLC lifted its holdings in shares of Dolby Laboratories by 5.1% during the second quarter. Signaturefd LLC now owns 3,167 shares of the electronics maker's stock valued at $251,000 after purchasing an additional 153 shares during the last quarter. Finally, Mitchell & Pahl Private Wealth LLC lifted its holdings in shares of Dolby Laboratories by 1.3% during the second quarter. Mitchell & Pahl Private Wealth LLC now owns 13,817 shares of the electronics maker's stock valued at $1,095,000 after purchasing an additional 174 shares during the last quarter. 58.56% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling at Dolby Laboratories
In other Dolby Laboratories news, CEO Kevin J. Yeaman sold 28,512 shares of the firm's stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $74.12, for a total value of $2,113,309.44. Following the completion of the sale, the chief executive officer now directly owns 83,721 shares in the company, valued at $6,205,400.52. This trade represents a 25.40 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Peter C. Gotcher sold 6,079 shares of the firm's stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $78.96, for a total transaction of $479,997.84. Following the completion of the sale, the director now owns 37,593 shares of the company's stock, valued at $2,968,343.28. This trade represents a 13.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 39.54% of the company's stock.
Dolby Laboratories declared that its board has initiated a stock buyback plan on Wednesday, August 7th that allows the company to buyback $350.00 million in shares. This buyback authorization allows the electronics maker to purchase up to 5% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board believes its shares are undervalued.
Dolby Laboratories Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Tuesday, December 3rd will be given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 1.64%. This is a positive change from Dolby Laboratories's previous quarterly dividend of $0.30. The ex-dividend date is Tuesday, December 3rd. Dolby Laboratories's dividend payout ratio is presently 44.28%.
About Dolby Laboratories
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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.
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