13,089 The Walt Disney Company $DIS Shares Bought by CX Institutional

Key Points

• CX Institutional increased its Disney holdings by 72.6% in the third quarter, buying 13,089 shares for a total position of 31,125 shares valued at approximately $3.27 million. Institutional investors collectively own 65.71% of Disney stock.
• Wall Street maintains a generally positive view, with an average rating of “Moderate Buy” and an average price target of $127.61. Disney recently reported quarterly EPS of $2.06, beating estimates of $1.86, while revenue rose 6.8% year over year to $25.25 billion.
• Disney shares opened at $102.17, within a 52-week range of $92.18 to $117.09. While the company continues pursuing streaming growth and restructuring, insiders sold 14,452 shares worth about $1.53 million over the past three months.

CX Institutional raised its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 72.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 31,125 shares of the entertainment giant's stock after buying an additional 13,089 shares during the period. CX Institutional's holdings in Walt Disney were worth $3,265,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Highland Investment Advisors LLC acquired a new position in shares of Walt Disney in the 2nd quarter valued at $25,000. Curio Wealth LLC raised its holdings in Walt Disney by 110.4% during the 4th quarter. Curio Wealth LLC now owns 223 shares of the entertainment giant's stock worth $26,000 after buying an additional 117 shares during the period. Osbon Capital Management LLC acquired a new stake in Walt Disney during the 4th quarter worth about $26,000. Marquette Asset Management LLC lifted its stake in Walt Disney by 316.4% during the second quarter. Marquette Asset Management LLC now owns 279 shares of the entertainment giant's stock valued at $27,000 after buying an additional 212 shares in the last quarter. Finally, Commonwealth Retirement Investments LLC purchased a new stake in Walt Disney during the fourth quarter valued at about $29,000. 65.71% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on DIS shares. Truist Financial set a $115.00 target price on shares of Walt Disney in a research report on Monday, August 3rd. JPMorgan Chase & Co. raised their price objective on shares of Walt Disney from $139.00 to $140.00 and gave the stock an "overweight" rating in a research note on Tuesday, June 30th. Wells Fargo & Company lifted their price objective on shares of Walt Disney from $125.00 to $132.00 and gave the stock an "overweight" rating in a research report on Thursday, August 6th. Wolfe Research set a $131.00 target price on shares of Walt Disney in a research note on Tuesday, June 30th. Finally, The Goldman Sachs Group restated a "buy" rating on shares of Walt Disney in a report on Monday. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $127.61.

Walt Disney Price Performance

Shares of NYSE:DIS opened at $102.17 on Friday. The company has a market cap of $176.42 billion, a price-to-earnings ratio of 21.07, a PEG ratio of 1.17 and a beta of 1.41. The business has a 50 day moving average price of $104.52 and a 200 day moving average price of $101.77. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.32. The Walt Disney Company has a twelve month low of $92.18 and a twelve month high of $117.09.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The entertainment giant reported $2.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.86 by $0.20. Walt Disney had a net margin of 8.70% and a return on equity of 9.90%. The company had revenue of $25.25 billion for the quarter, compared to the consensus estimate of $25.39 billion. During the same quarter in the previous year, the firm posted $1.61 EPS. The business's revenue was up 6.8% compared to the same quarter last year. Walt Disney has set its FY 2026 guidance at 6.642-6.642 EPS. Research analysts predict that The Walt Disney Company will post 6.93 earnings per share for the current year.

Key Walt Disney News

Here are the key news stories impacting Walt Disney this week:

• Positive Sentiment: Disney is reportedly licensing exclusive content to Netflix, creating an additional monetization opportunity for its intellectual property and potentially supporting streaming-related revenue. Disney licensing agreement with Netflix
• Positive Sentiment: Management says the restructuring is intended to eliminate siloed operations, consolidate television divisions and redirect resources toward growth initiatives, including streaming. Cost reductions could support margins over time. Disney TV restructuring
• Neutral Sentiment: Disney announced additional resort hotels, merchandise and guest experiences at Walt Disney World. The developments may support theme-park attendance and consumer spending, but they are unlikely to materially affect near-term valuation. Disney World hotel addition
• Negative Sentiment: Disney is cutting roughly 300 jobs, mainly in human resources and technology, in what is described as the company’s third layoff round this year. The reductions reinforce concerns about operating pressure and repeated restructuring. Disney layoffs
• Negative Sentiment: President Dana Walden defended the layoffs as “extremely painful” but necessary, while reports indicate the television reorganization could affect hundreds more employees. Investors may view the scale of the changes as evidence that traditional television remains under significant pressure. Disney president discusses layoffs

Insider Transactions at Walt Disney

In related news, EVP Brent Woodford sold 3,618 shares of the stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $107.13, for a total value of $387,596.34. Following the completion of the transaction, the executive vice president owned 62,328 shares of the company's stock, valued at $6,677,198.64. This represents a 5.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Roeder sold 3,596 shares of the firm's stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $106.32, for a total value of $382,326.72. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 14,452 shares of company stock worth $1,532,157. 0.17% of the stock is currently owned by insiders.

Walt Disney Profile

The Walt Disney Company NYSE: DIS is a global entertainment company that develops, produces and distributes branded content across film, television, streaming and other media platforms. Its portfolio includes Disney, Pixar, Marvel, Star Wars, National Geographic and 20th Century Studios, as well as ABC, Hulu, Disney+ and ESPN. The company also licenses its characters and intellectual property for consumer products, games and other experiences.

Disney operates theme parks, resorts and cruise lines through its Experiences business.

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