Addenda Capital Inc. Sells 6,648 Shares of The Walt Disney Company $DIS

Key Points

• Addenda Capital Inc. sold 6,648 shares of The Walt Disney Company, trimming its stake by 9.8% to 60,900 shares worth about $6.97 million as of the latest SEC filing.
• Several other institutional investors increased Disney positions (e.g., AXA, Brighton Jones, Intact), and institutions now own roughly 65.71% of the stock.
• Analyst sentiment remains mostly positive: MarketBeat shows a consensus rating of Moderate Buy with a consensus price target of $132.19, while firms like Goldman Sachs and Raymond James maintain bullish targets.

Addenda Capital Inc. reduced its stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 9.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 60,900 shares of the entertainment giant's stock after selling 6,648 shares during the quarter. Addenda Capital Inc.'s holdings in Walt Disney were worth $6,974,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in shares of Walt Disney by 7.7% during the fourth quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant's stock valued at $2,980,000 after buying an additional 1,904 shares during the last quarter. Sivia Capital Partners LLC grew its stake in shares of Walt Disney by 31.9% during the second quarter. Sivia Capital Partners LLC now owns 5,470 shares of the entertainment giant's stock valued at $678,000 after buying an additional 1,322 shares during the last quarter. Schnieders Capital Management LLC. grew its stake in shares of Walt Disney by 16.2% during the second quarter. Schnieders Capital Management LLC. now owns 17,955 shares of the entertainment giant's stock valued at $2,227,000 after buying an additional 2,503 shares during the last quarter. AXA S.A. grew its stake in shares of Walt Disney by 9.0% during the second quarter. AXA S.A. now owns 214,421 shares of the entertainment giant's stock valued at $26,590,000 after buying an additional 17,734 shares during the last quarter. Finally, Intact Investment Management Inc. boosted its holdings in shares of Walt Disney by 61.1% in the second quarter. Intact Investment Management Inc. now owns 17,000 shares of the entertainment giant's stock valued at $2,108,000 after purchasing an additional 6,450 shares during the period. 65.71% of the stock is owned by institutional investors.

Key Stories Impacting Walt Disney

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

• Positive Sentiment: Raymond James upgraded Disney to Outperform and set a $115 price target, citing a more compelling valuation as macro and visitation headwinds ease — a dealer-level vote of confidence that likely supports buying interest. A $115 Price Target Puts Disney (DIS) Back in Focus — But Why Now?
• Positive Sentiment: Goldman Sachs reiterated a Buy and maintains a $151 price target, reinforcing upside expectations ahead of Disney’s fiscal Q2 results and supporting bullish positioning. Goldman Sachs Remains a Buy on Walt Disney Company (DIS)
• Positive Sentiment: Disney is expanding ESPN content distribution by adding ESPN sports to its flagship streaming service in an additional 53 countries, which should help engagement and monetization internationally. Analysts Cheer as Disney (DIS) Adds ESPN Sports to Its Streaming Platform
• Positive Sentiment: Disney earned a record 96 News & Documentary Emmy nominations, a content-quality signal that can bolster brand, licensing and subscriber interest over time. The Walt Disney Company Earns 96 News & Documentary Emmy® Award Nominations in 2026
• Neutral Sentiment: Barclays trimmed its price target from $140 to $130 but kept an Overweight rating — a downgrade in target that tempers upside, offset by continued buy-side support. Benzinga Coverage
• Neutral Sentiment: Zacks highlights the Experiences (parks/cruises) segment showing expansion-driven revenue growth, but warns rising costs and softer international visitation could limit near-term margin upside. Can Disney's Experiences Segment Maintain Its Growth Momentum?
• Neutral Sentiment: OpenAI’s shutdown of its Sora app removes one AI-video competitor but reportedly cost OpenAI a $1B content partnership tied to Disney — a development with unclear near-term impact on Disney’s streaming/content strategy. OpenAI Shutters Sora: A Win for Meta Platforms Amid a Rocky Stretch (DIS)
• Negative Sentiment: Michigan’s Supreme Court declined to hear an appeal, leaving Disney potentially liable for a significant state tax bill — a legal/tax liability that could pressure near-term cash flows if resolved unfavorably. Disney may be on hook for Michigan taxes after justices decline appeal

Walt Disney Stock Up 3.3%

Walt Disney stock opened at $98.95 on Thursday. The business has a fifty day moving average of $102.15 and a two-hundred day moving average of $107.83. The company has a quick ratio of 0.61, a current ratio of 0.67 and a debt-to-equity ratio of 0.31. The firm has a market cap of $175.28 billion, a P/E ratio of 14.55, a P/E/G ratio of 1.35 and a beta of 1.44. The Walt Disney Company has a twelve month low of $81.19 and a twelve month high of $124.69.

Walt Disney (NYSE:DIS - Get Free Report) last posted its earnings results on Monday, February 2nd. The entertainment giant reported $1.63 earnings per share for the quarter, topping analysts' consensus estimates of $1.57 by $0.06. The company had revenue of $25.98 billion during the quarter, compared to analyst estimates of $25.54 billion. Walt Disney had a return on equity of 8.90% and a net margin of 12.80%.Walt Disney's revenue was up 5.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.40 earnings per share. On average, analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on DIS. Jefferies Financial Group lowered their price target on Walt Disney from $136.00 to $132.00 and set a "buy" rating for the company in a report on Tuesday, February 3rd. Guggenheim lowered their price target on Walt Disney from $140.00 to $115.00 and set a "buy" rating for the company in a report on Wednesday, March 18th. Phillip Securities upgraded Walt Disney to a "moderate buy" rating in a report on Monday, January 12th. The Goldman Sachs Group reiterated a "buy" rating and issued a $151.00 price target on shares of Walt Disney in a report on Monday, February 2nd. Finally, Weiss Ratings lowered Walt Disney from a "buy (b-)" rating to a "hold (c+)" rating in a report on Tuesday, February 3rd. Eighteen research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Walt Disney has a consensus rating of "Moderate Buy" and a consensus price target of $132.19.

Walt Disney Company Profile

The Walt Disney Company NYSE: DIS, commonly known as Disney, is a diversified global entertainment and media conglomerate headquartered in Burbank, California. Founded in 1923 by Walt and Roy O. Disney, the company grew from an animation studio into a multi‑national entertainment enterprise known for iconic intellectual property and family‑oriented storytelling. Disney's operations span film and television production, streaming services, theme parks and resorts, consumer products, and live entertainment.

On the content side, Disney produces and distributes feature films and television programming through a portfolio of studios and labels that includes Walt Disney Pictures, Pixar, Marvel Studios, Lucasfilm and 20th Century Studios, along with broadcast and cable networks such as ABC, FX and National Geographic.

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