5,633 The Walt Disney Company $DIS Shares Sold by American National Bank & Trust

Key Points

• American National Bank & Trust reduced its Disney stake by 8.8% in the third quarter, selling 5,633 shares and retaining 58,347 shares valued at approximately $6.1 million.
• Other institutions, including State Street, J. Stern & Co., Invesco and Arrowstreet Capital, increased their Disney holdings; institutional investors collectively own 65.71% of the company.
• Disney reported quarterly EPS of $2.06, exceeding the $1.86 consensus estimate, while revenue rose 6.8% year over year. Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus rating and an average price target of $128.06.

American National Bank & Trust lessened its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 8.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 58,347 shares of the entertainment giant's stock after selling 5,633 shares during the period. American National Bank & Trust's holdings in Walt Disney were worth $6,121,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in DIS. State Street Corp lifted its stake in shares of Walt Disney by 2.3% during the fourth quarter. State Street Corp now owns 83,873,646 shares of the entertainment giant's stock valued at $9,604,567,000 after acquiring an additional 1,853,897 shares during the period. J. Stern & Co. LLP raised its position in shares of Walt Disney by 9,060.1% during the 4th quarter. J. Stern & Co. LLP now owns 38,135,363 shares of the entertainment giant's stock valued at $4,338,660,000 after acquiring an additional 37,719,041 shares during the last quarter. Invesco Ltd. boosted its position in shares of Walt Disney by 16.2% in the 4th quarter. Invesco Ltd. now owns 15,106,105 shares of the entertainment giant's stock worth $1,718,622,000 after purchasing an additional 2,111,189 shares during the last quarter. Bank of New York Mellon Corp acquired a new position in shares of Walt Disney during the 2nd quarter worth about $1,386,720,000. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of Walt Disney by 13.6% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 14,272,449 shares of the entertainment giant's stock valued at $1,375,579,000 after acquiring an additional 1,703,264 shares during the period. Institutional investors own 65.71% of the company's stock.

Insider Activity at Walt Disney

In related news, EVP Brent Woodford sold 7,238 shares of the business's stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $105.31, for a total value of $762,233.78. Following the completion of the sale, the executive vice president directly owned 62,323 shares in the company, valued at approximately $6,563,235.13. The trade was a 10.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Roeder sold 3,596 shares of the company's stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $106.32, for a total value of $382,326.72. The SEC filing for this sale provides additional information. Insiders have sold 14,452 shares of company stock worth $1,532,157 over the last ninety days. Insiders own 0.17% of the company's stock.

Walt Disney Stock Performance

DIS stock traded up $0.19 during midday trading on Wednesday, reaching $104.22. 2,863,152 shares of the company were exchanged, compared to its average volume of 10,169,447. The Walt Disney Company has a one year low of $92.18 and a one year high of $117.09. The firm has a market capitalization of $179.96 billion, a price-to-earnings ratio of 21.50, a price-to-earnings-growth ratio of 1.20 and a beta of 1.41. The business has a 50-day moving average price of $104.76 and a two-hundred day moving average price of $101.85. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.71 and a quick ratio of 0.65.

Walt Disney (NYSE:DIS - Get Free Report) last issued 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. The firm had revenue of $25.25 billion during the quarter, compared to the consensus estimate of $25.39 billion. Walt Disney had a net margin of 8.70% and a return on equity of 9.90%. The business's revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period last year, the business posted $1.61 earnings per share. Walt Disney has set its FY 2026 guidance at 6.642-6.642 EPS. Equities research analysts forecast that The Walt Disney Company will post 6.93 EPS for the current year.

Walt Disney News Summary

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

• Positive Sentiment: Disney+ gains major sports exposure: Disney said the upcoming Super Bowl will stream on Disney+, along with two Monday Night Football games ahead of the championship. The move could increase subscriber engagement, advertising inventory and the strategic value of Disney’s streaming platform. Disney+ to stream upcoming Super Bowl
• Positive Sentiment: Theme parks continue to support profitability: Analysts and investors are highlighting Disney’s Experiences segment—particularly its parks, resorts and intellectual property—as the company’s most lucrative business. Disney World’s higher ticket, annual-pass and Lightning Lane prices could lift revenue per visitor and margins if attendance remains resilient. Disney's most lucrative business segment
• Positive Sentiment: Relative positioning improved after the Paramount-Warner merger: Commentary argues that the combined company’s expected debt burden and aggressive cost-cutting make Disney and Netflix comparatively more attractive media investments. Paramount-Warner merger and Disney
• Neutral Sentiment: Analyst support remains constructive: Raymond James trimmed its price target to $119 from $120 but retained an Outperform rating, suggesting continued confidence despite modestly reduced expectations. Raymond James adjusts Disney price target
• Negative Sentiment: FCC litigation creates regulatory risk: Disney is taking its dispute with the Federal Communications Commission over ABC’s license review to court. The case could prolong uncertainty around ABC and increase legal and political pressure on management. Battle between Disney and the FCC
• Negative Sentiment: Television restructuring remains a concern: Planned changes to Disney’s television division, potentially affecting hundreds of jobs, underscore continued weakness and disruption in traditional media. Investors may remain focused on whether streaming growth can offset declining legacy-TV economics. Disney television restructuring

Analyst Ratings Changes

Several brokerages have recently issued reports on DIS. Citigroup decreased their price target on shares of Walt Disney from $145.00 to $135.00 and set a "buy" rating for the company in a report on Wednesday, July 29th. Rosenblatt Securities restated a "buy" rating and set a $126.00 price objective on shares of Walt Disney in a report on Thursday, August 6th. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Walt Disney in a research report on Tuesday. Barclays boosted their target price on Walt Disney from $110.00 to $115.00 and gave the company an "overweight" rating in a research note on Thursday, August 6th. Finally, Wolfe Research set a $131.00 price objective on shares of Walt Disney in a report on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $128.06.

Walt Disney Company 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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