8,918 The Walt Disney Company $DIS Shares Sold by Confluence Investment Management LLC

Key Points

• Confluence Investment Management reduced its Walt Disney stake by 7.9%, selling 8,918 shares and retaining 104,103 shares valued at approximately $10.9 million. Institutional investors collectively own 65.71% of Disney’s stock.
• Wall Street remains broadly positive, with Disney receiving a “Moderate Buy” consensus rating and an average price target of $127.61, above its recent price of $101.73.
• Disney’s latest quarterly results exceeded EPS expectations, reporting $2.06 versus the $1.86 consensus, while revenue rose 6.8% year over year to $25.25 billion. However, the stock recently fell 3.0%, and the company faces restructuring pressure, including roughly 300 layoffs.

Confluence Investment Management LLC decreased its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 7.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 104,103 shares of the entertainment giant's stock after selling 8,918 shares during the quarter. Confluence Investment Management LLC's holdings in Walt Disney were worth $10,920,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Cim Investment Management Inc. boosted its position in Walt Disney by 66.2% during the 2nd quarter. Cim Investment Management Inc. now owns 13,883 shares of the entertainment giant's stock valued at $1,336,000 after purchasing an additional 5,530 shares during the period. Silicon Valley Capital Partners grew its position in shares of Walt Disney by 29.4% during the second quarter. Silicon Valley Capital Partners now owns 783 shares of the entertainment giant's stock worth $75,000 after acquiring an additional 178 shares during the last quarter. Wellington Altus USA Inc. grew its position in Walt Disney by 234.7% in the 2nd quarter. Wellington Altus USA Inc. now owns 1,426 shares of the entertainment giant's stock worth $137,000 after purchasing an additional 1,000 shares during the last quarter. SkyView Investment Advisors LLC bought a new position in Walt Disney in the 2nd quarter worth approximately $58,000. Finally, Scholtz & Company LLC acquired a new position in shares of Walt Disney during the second quarter valued at $2,818,000. Institutional investors own 65.71% of the company's stock.

Key Stories Impacting Walt Disney

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

• Positive Sentiment: Bank of America maintained its Buy rating and $125 price target, forecasting fiscal 2027 revenue of approximately $105 billion and EPS of $7.52. The firm also modestly raised its operating-income estimate, while expecting parks, cruises and an extra fiscal week to support upcoming results. Disney faces uneven 2027 as Bank of America stays positive
• Positive Sentiment: Disney World is raising ticket prices for the remainder of 2026 and into 2027, and Disney has increased streaming subscription prices. The moves could improve revenue per visitor and average revenue per subscriber, although they may test consumer demand. Walt Disney World price increases
• Neutral Sentiment: Disney World’s 55th-anniversary coverage, new merchandise and expanded Dreamers Academy program reinforce brand engagement, but these developments are unlikely to materially affect near-term earnings. Disney expands Dreamers Academy
• Neutral Sentiment: Disney is beta-testing new vacation-planning tools, including AI capabilities. The tools could improve trip conversion and operating efficiency, but reports of planning mistakes and customer frustration create execution risk. Disney World vacation planning tools
• Negative Sentiment: Disney is cutting roughly 300 employees, mainly in human resources and technology, in its third 2026 layoff round under CEO Josh D’Amaro. The cuts may lower expenses, but their frequency highlights ongoing restructuring and uncertainty about the company’s growth strategy. Disney layoffs reported by Reuters
• Negative Sentiment: Reports of widespread ride closures and storm-related disruptions at Walt Disney World could hurt guest satisfaction and near-term park spending, though the impact is likely temporary. Disney World ride closures

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on DIS. Wolfe Research set a $131.00 target price on shares of Walt Disney in a research report on Tuesday, June 30th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Walt Disney in a research note on Monday. Truist Financial set a $115.00 target price on Walt Disney in a report on Monday, August 3rd. Raymond James Financial cut their price target on shares of Walt Disney from $119.00 to $111.00 and set an "outperform" rating for the company in a report on Thursday, July 2nd. Finally, UBS Group set a $115.00 price objective on shares of Walt Disney in a research note on Monday, August 24th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $127.61.

Insider Transactions at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 3,618 shares of Walt Disney stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $107.13, for a total transaction of $387,596.34. Following the transaction, the executive vice president owned 62,328 shares of the company's stock, valued at $6,677,198.64. The trade was a 5.49% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through 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 company's stock in a transaction dated 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 a total of 14,452 shares of company stock valued at $1,532,157 over the last 90 days. Corporate insiders own 0.17% of the company's stock.

Walt Disney Trading Down 3.0%

Walt Disney stock traded down $3.17 during midday trading on Thursday, reaching $101.73. The stock had a trading volume of 3,307,697 shares, compared to its average volume of 10,233,016. The Walt Disney Company has a twelve month low of $92.18 and a twelve month high of $117.09. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.71 and a quick ratio of 0.65. The firm has a market cap of $175.66 billion, a price-to-earnings ratio of 20.97, a PEG ratio of 1.32 and a beta of 1.41. The firm's fifty day simple moving average is $104.21 and its two-hundred day simple moving average is $101.75.

Walt Disney (NYSE:DIS - Get Free Report) last released its earnings results on Wednesday, August 5th. The entertainment giant reported $2.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.86 by $0.20. The company had revenue of $25.25 billion during the quarter, compared to analyst estimates of $25.39 billion. Walt Disney had a return on equity of 9.90% and a net margin of 8.70%.The company's revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.61 earnings per share. Walt Disney has set its FY 2026 guidance at 6.642-6.642 EPS. Equities analysts anticipate that The Walt Disney Company will post 6.91 EPS for the current fiscal year.

About Walt Disney

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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