Bank of New York Mellon Corp Acquires New Position in The Walt Disney Company $DIS

Key Points

• Bank of New York Mellon acquired 14.4 million Disney shares worth approximately $1.39 billion, giving it an estimated 0.83% stake. Institutional investors collectively own 65.71% of the company.
• Wall Street sentiment remains positive: Disney has a “Moderate Buy” consensus rating and an average price target of $128.61, above its reported opening price of $107.25.
• Disney exceeded quarterly EPS expectations, reporting $2.06 versus the $1.86 consensus, while revenue rose 6.8% year over year to $25.25 billion. Two executive vice presidents also sold shares under reported transactions, though insider ownership remains low at 0.17%.

Bank of New York Mellon Corp bought a new position in The Walt Disney Company (NYSE:DIS - Free Report) in the second quarter, according to its most recent filing with the SEC. The firm bought 14,407,485 shares of the entertainment giant's stock, valued at approximately $1,386,720,000. Bank of New York Mellon Corp owned approximately 0.83% of Walt Disney as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Swiss RE Ltd. purchased a new stake in Walt Disney in the fourth quarter valued at $25,000. Curio Wealth LLC grew its holdings in Walt Disney by 110.4% during the fourth quarter. Curio Wealth LLC now owns 223 shares of the entertainment giant's stock worth $26,000 after acquiring an additional 117 shares during the period. Osbon Capital Management LLC acquired a new stake in Walt Disney during the fourth quarter worth about $26,000. Sfam LLC purchased a new position in Walt Disney during the fourth quarter valued at approximately $26,000. Finally, Greenline Wealth Management LLC acquired a new position in Walt Disney in the fourth quarter valued at approximately $26,000. Hedge funds and other institutional investors own 65.71% of the company's stock.

Wall Street Analyst Weigh In

Several analysts recently commented on DIS shares. JPMorgan Chase & Co. raised their price target on shares of Walt Disney from $139.00 to $140.00 and gave the company an "overweight" rating in a research report on Tuesday, June 30th. Phillip Securities upgraded shares of Walt Disney from a "moderate buy" rating to a "strong-buy" rating in a research report on Monday, May 11th. Wells Fargo & Company increased their target price on shares of Walt Disney from $125.00 to $132.00 and gave the stock an "overweight" rating in a research note on Thursday, August 6th. Rosenblatt Securities restated a "buy" rating and set a $126.00 target price on shares of Walt Disney in a research report on Thursday, August 6th. Finally, Barclays lifted their price target on Walt Disney from $110.00 to $115.00 and gave the company an "overweight" rating in a research note on Thursday, August 6th. One investment 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 assigned a Sell rating to the stock. According to data from MarketBeat, Walt Disney currently has an average rating of "Moderate Buy" and a consensus price target of $128.61.

Insider Transactions at Walt Disney

In related news, EVP Paul M. Roeder sold 3,596 shares of the 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. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Brent Woodford sold 7,238 shares of the firm's stock in a transaction 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 of the company's stock, valued at $6,563,235.13. This trade represents a 10.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.17% of the stock is currently owned by corporate insiders.

Walt Disney Trading Up 0.3%

Shares of Walt Disney stock opened at $107.25 on Friday. The company has a current ratio of 0.71, a quick ratio of 0.65 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 $119.78. The firm has a market capitalization of $185.19 billion, a PE ratio of 22.11, a P/E/G ratio of 1.25 and a beta of 1.39. The firm's 50-day moving average price is $99.79 and its 200 day moving average price is $101.42.

Walt Disney (NYSE:DIS - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The entertainment giant reported $2.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.86 by $0.20. Walt Disney had a return on equity of 9.90% and a net margin of 8.70%.The firm had revenue of $25.25 billion for the quarter, compared to analyst estimates of $25.39 billion. During the same period in the previous year, the company posted $1.61 earnings per share. The business's revenue was up 6.8% on a year-over-year basis. Walt Disney has set its FY 2026 guidance at 6.642-6.642 EPS. On average, sell-side analysts predict that The Walt Disney Company will post 6.9 EPS for the current fiscal year.

Key Stories Impacting Walt Disney

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

• Positive Sentiment: Disney’s parks and cruise expansion is emerging as a key potential growth driver. New capacity is reportedly filling up, while guests are spending more per visit—an combination that could support higher revenue and margins in the Experiences segment. Walt Disney Stock's Next Leg Depends On What It Has Been Building
• Positive Sentiment: Disney continues to disclose future theme-park additions, including development of its Abu Dhabi park and new attractions at existing resorts. These projects may strengthen the company’s long-term attendance, licensing and consumer-spending prospects, although benefits are years away. Disney just revealed more about its next theme park additions
• Positive Sentiment: Management commentary and announcements about upcoming films and series, along with potential development of a Kingdom Hearts movie, could provide additional intellectual-property monetization opportunities. These remain speculative rather than near-term earnings catalysts. A Kingdom Hearts Movie? It’s Not Ruled Out
• Neutral Sentiment: Disney plans to introduce an employee stock-purchase program while changing health-insurance plans. The program could improve retention and employee alignment, but it follows a reduction in stock-based compensation for some technology workers, making the overall effect on costs and morale unclear. Disney is starting an employee stock purchase program and changing its health insurance plans
• Negative Sentiment: Disney and ABC sued the FCC, alleging First Amendment violations and seeking to halt an early review of broadcast licenses. The litigation highlights regulatory and political risk for Disney’s television assets and could create additional legal costs and uncertainty. ABC, Disney sue FCC over First Amendment violations
• Negative Sentiment: Executive Vice President Paul M. Roeder sold 3,596 DIS shares worth approximately $382,327. A single insider sale is not necessarily a signal of deteriorating fundamentals, but it can modestly weigh on sentiment. SEC insider transaction filing

About Walt Disney

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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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