Dolby Laboratories, Inc. (NYSE:DLB – Free Report) – Analysts at William Blair upped their Q3 2025 earnings estimates for shares of Dolby Laboratories in a note issued to investors on Wednesday, November 20th. William Blair analyst R. Schackart now expects that the electronics maker will earn $0.52 per share for the quarter, up from their previous estimate of $0.43. The consensus estimate for Dolby Laboratories’ current full-year earnings is $2.67 per share.
Several other analysts have also weighed in on DLB. Barrington Research restated an “outperform” rating and issued a $100.00 price objective on shares of Dolby Laboratories in a report on Wednesday, November 20th. StockNews.com upgraded shares of Dolby Laboratories from a “buy” rating to a “strong-buy” rating in a research report on Monday, November 18th. Finally, Rosenblatt Securities upped their price target on shares of Dolby Laboratories from $98.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th.
Dolby Laboratories Stock Up 0.4 %
DLB stock opened at $80.55 on Monday. The company has a 50-day simple moving average of $74.33 and a 200 day simple moving average of $75.98. The company has a market capitalization of $7.68 billion, a P/E ratio of 29.72 and a beta of 0.98. Dolby Laboratories has a fifty-two week low of $66.35 and a fifty-two week high of $90.06.
Dolby Laboratories declared that its Board of Directors has authorized a share buyback plan on Wednesday, August 7th that authorizes the company to repurchase $350.00 million in outstanding shares. This repurchase authorization authorizes the electronics maker to purchase up to 5% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board believes its shares are undervalued.
Dolby Laboratories Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 10th. Investors of record on Tuesday, December 3rd will be paid a $0.33 dividend. This is an increase from Dolby Laboratories’s previous quarterly dividend of $0.30. This represents a $1.32 annualized dividend and a yield of 1.64%. The ex-dividend date is Tuesday, December 3rd. Dolby Laboratories’s dividend payout ratio is currently 44.28%.
Insiders Place Their Bets
In other Dolby Laboratories news, Director Peter C. Gotcher sold 6,079 shares of the stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $78.96, for a total value of $479,997.84. Following the completion of the sale, the director now owns 37,593 shares in the company, valued at $2,968,343.28. This represents a 13.92 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Kevin J. Yeaman sold 28,512 shares of Dolby Laboratories stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $74.12, for a total transaction of $2,113,309.44. Following the sale, the chief executive officer now directly owns 83,721 shares of the company’s stock, valued at $6,205,400.52. This trade represents a 25.40 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 39.54% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of the company. First Affirmative Financial Network lifted its stake 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 valued at $219,000 after acquiring an additional 129 shares during the last quarter. LRI Investments LLC lifted its stake in shares of Dolby Laboratories by 6.0% in the 2nd 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. boosted its holdings in Dolby Laboratories by 22.7% in the third quarter. First Horizon Advisors Inc. now owns 790 shares of the electronics maker’s stock worth $60,000 after purchasing an additional 146 shares in the last quarter. Signaturefd LLC increased its position in Dolby Laboratories by 5.1% during the second quarter. Signaturefd LLC now owns 3,167 shares of the electronics maker’s stock worth $251,000 after buying an additional 153 shares during the last quarter. Finally, Mitchell & Pahl Private Wealth LLC increased its position in 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 worth $1,095,000 after buying an additional 174 shares during the last quarter. 58.56% of the stock is owned by institutional investors and hedge funds.
Dolby Laboratories Company Profile
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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