Agate Pass Investment Management LLC Trims Stock Position in The Walt Disney Company $DIS

Key Points

• Agate Pass Investment Management cut its Disney stake by 61.2% in the second quarter, selling 8,235 shares and retaining 5,220 shares valued at approximately $502,000.
• Institutional investors own 65.71% of Disney, while analysts maintain a broadly positive outlook with a consensus rating of “Moderate Buy” and an average price target of $128.61.
• Disney’s latest quarterly earnings beat expectations, with EPS of $2.06 versus the $1.86 consensus, although revenue of $25.25 billion came in slightly below forecasts.

Agate Pass Investment Management LLC lessened its stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 61.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,220 shares of the entertainment giant's stock after selling 8,235 shares during the period. Agate Pass Investment Management LLC's holdings in Walt Disney were worth $502,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Alesco Advisors LLC lifted its stake in Walt Disney by 2.7% in the fourth quarter. Alesco Advisors LLC now owns 3,782 shares of the entertainment giant's stock worth $430,000 after acquiring an additional 99 shares during the period. Advisors Management Group Inc. ADV raised its holdings in shares of Walt Disney by 4.6% in the 1st quarter. Advisors Management Group Inc. ADV now owns 2,266 shares of the entertainment giant's stock valued at $218,000 after purchasing an additional 100 shares in the last quarter. Providence Wealth Advisors LLC lifted its position in shares of Walt Disney by 1.1% in the 1st quarter. Providence Wealth Advisors LLC now owns 9,192 shares of the entertainment giant's stock worth $888,000 after purchasing an additional 100 shares during the period. Guardian Partners Inc. lifted its position in shares of Walt Disney by 0.3% in the 1st quarter. Guardian Partners Inc. now owns 32,991 shares of the entertainment giant's stock worth $3,188,000 after purchasing an additional 101 shares during the period. Finally, China Universal Asset Management Co. Ltd. lifted its position in shares of Walt Disney by 2.2% in the 4th quarter. China Universal Asset Management Co. Ltd. now owns 4,688 shares of the entertainment giant's stock worth $537,000 after purchasing an additional 102 shares during the period. Hedge funds and other institutional investors own 65.71% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Truist Financial set a $115.00 price objective on shares of Walt Disney in a report on Monday, August 3rd. UBS Group reduced their price objective on shares of Walt Disney from $138.00 to $133.00 and set a "buy" rating for the company in a research note on Monday, July 20th. Benchmark restated a "buy" rating and set a $115.00 target price on shares of Walt Disney in a report on Thursday. Argus reaffirmed a "buy" rating and set a $134.00 target price on shares of Walt Disney in a research report on Thursday. Finally, Wolfe Research set a $131.00 price target on Walt Disney in a report on Tuesday, June 30th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $128.61.

Walt Disney Stock Performance

DIS opened at $104.92 on Friday. The Walt Disney Company has a 52-week low of $92.18 and a 52-week high of $119.78. The company has a quick ratio of 0.62, a current ratio of 0.71 and a debt-to-equity ratio of 0.32. The company has a market cap of $181.16 billion, a P/E ratio of 21.63, a price-to-earnings-growth ratio of 1.35 and a beta of 1.39. The firm's 50-day moving average price is $98.93 and its 200-day moving average price is $101.91.

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

Trending Headlines about Walt Disney

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

• Positive Sentiment: Analysts raise targets and reaffirm Buy ratings. Wells Fargo lifted its target to $132, Argus set a $134 target, and Barclays raised its target to $115 while maintaining an Overweight rating. Other firms, including Benchmark, Guggenheim, Rosenblatt and Needham, also reiterated bullish views. Are Wall Street Analysts Bullish on Walt Disney Stock?
• Positive Sentiment: Streaming momentum is improving. Disney’s streaming business delivered sharply higher profits, while Warner Bros. Discovery said the Disney+, Hulu and Max bundle is reducing churn and improving subscriber growth. Disney also plans to expand Disney+ into a broader ecosystem involving games, merchandise and interactive experiences. Warner Bros. Discovery Says Disney Bundle Is Delivering
• Positive Sentiment: Management strengthened its shareholder-return outlook. Disney reaffirmed its earnings-growth guidance and increased planned share repurchases to at least $9 billion, supporting per-share earnings and signaling confidence in future cash generation. Disney Q3 Earnings Call Highlights Parks and Streaming Growth
• Positive Sentiment: ESPN’s NFL strategy is gaining traction. Disney has already sold out advertising inventory for Super Bowl LXI, which ESPN will broadcast in 2027, highlighting strong demand for premium sports advertising.
• Neutral Sentiment: The TikTok partnership could expand Disney’s reach. Allowing creators to use Disney characters and distribute short-form videos on TikTok and Disney+ may deepen engagement, although the deal’s direct financial impact remains uncertain. Disney and TikTok Strike Short-Form Video-Sharing Deal
• Negative Sentiment: Revenue slightly missed expectations. Quarterly revenue of roughly $25.2 billion came in below the approximately $25.4 billion consensus forecast. Investors also remain cautious because DIS has underperformed the broader market and remains well below its 12-month high.
• Negative Sentiment: Growth concerns have not disappeared. A potential free, ad-supported streaming tier could broaden Disney’s audience but may pressure average revenue per user and increase execution risk. Some investors also question whether recent gains from blockbuster content and theme parks can be sustained.

Walt Disney 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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