William Blair Has Optimistic Outlook of DLB Q3 Earnings

Dolby Laboratories, Inc. (NYSE:DLB) – Equities research analysts at William Blair raised their Q3 2025 EPS estimates for shares of Dolby Laboratories in a report released on Wednesday, November 20th. William Blair analyst R. Schackart now expects that the electronics maker will post earnings per share of $0.52 for the quarter, up from their prior forecast of $0.43. The consensus estimate for Dolby Laboratories’ current full-year earnings is $2.67 per share.

Other equities analysts have also issued research reports about the stock. Barrington Research reissued an “outperform” rating and issued a $100.00 price target on shares of Dolby Laboratories in a report on Wednesday, November 20th. StockNews.com raised Dolby Laboratories from a “buy” rating to a “strong-buy” rating in a research note on Monday, November 18th. Finally, Rosenblatt Securities raised their price target on Dolby Laboratories from $98.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th.

Dolby Laboratories Stock Performance

Shares of NYSE:DLB opened at $80.33 on Monday. The company has a 50 day moving average price of $74.50 and a two-hundred day moving average price of $75.96. The company has a market capitalization of $7.66 billion, a PE ratio of 29.64 and a beta of 0.98. Dolby Laboratories has a 52 week low of $66.35 and a 52 week high of $90.06.

Hedge Funds Weigh In On Dolby Laboratories

A number of large investors have recently modified their holdings of the business. Blue Trust Inc. increased its position in shares of Dolby Laboratories by 398.8% in the second quarter. Blue Trust Inc. now owns 414 shares of the electronics maker’s stock valued at $35,000 after acquiring an additional 331 shares during the last quarter. Point72 Hong Kong Ltd acquired a new position in Dolby Laboratories during the second quarter valued at approximately $37,000. GAMMA Investing LLC grew its stake in Dolby Laboratories by 64.6% in the second quarter. GAMMA Investing LLC now owns 489 shares of the electronics maker’s stock valued at $39,000 after purchasing an additional 192 shares in the last quarter. Whittier Trust Co. of Nevada Inc. increased its position in shares of Dolby Laboratories by 192.4% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 576 shares of the electronics maker’s stock worth $46,000 after purchasing an additional 379 shares during the last quarter. Finally, First Horizon Advisors Inc. raised its stake in shares of Dolby Laboratories by 22.7% during the 3rd 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. 58.56% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Dolby Laboratories news, Director Peter C. Gotcher sold 6,079 shares of the company’s stock in a transaction that occurred on 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 transaction, the director now owns 37,593 shares of the company’s stock, valued at $2,968,343.28. This represents a 13.92 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Kevin J. Yeaman sold 28,512 shares of the firm’s stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $74.12, for a total transaction of $2,113,309.44. Following the transaction, the chief executive officer now directly owns 83,721 shares of the company’s stock, valued at $6,205,400.52. This represents a 25.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 39.54% of the stock is currently owned by company insiders.

Dolby Laboratories Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Tuesday, December 3rd will be given a dividend of $0.33 per share. This is an increase from Dolby Laboratories’s previous quarterly dividend of $0.30. The ex-dividend date is Tuesday, December 3rd. This represents a $1.32 annualized dividend and a dividend yield of 1.64%. Dolby Laboratories’s dividend payout ratio is currently 48.71%.

Dolby Laboratories declared that its board has authorized a stock repurchase plan on Wednesday, August 7th that permits the company to repurchase $350.00 million in shares. This repurchase authorization permits the electronics maker to repurchase up to 5% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its shares are undervalued.

About Dolby Laboratories

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.