CIBC Bancorp USA Inc. Acquires New Stake in The Walt Disney Company $DIS

Key Points

• CIBC Bancorp USA bought a new position of 393,599 Walt Disney shares in Q3, valued at approximately $45.07 million.
• Disney beat quarterly estimates (EPS $1.63 vs. $1.57; revenue $25.98B) and says streaming has passed breakeven, while analysts hold a consensus "Moderate Buy" rating with a $135.80 price target.
• Institutional investors own 65.71% of Disney, with large managers like Vanguard and State Street materially increasing their stakes (158.1M and 82.0M shares, respectively), reflecting substantial institutional backing.

CIBC Bancorp USA Inc. bought a new position in shares of The Walt Disney Company (NYSE:DIS - Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 393,599 shares of the entertainment giant's stock, valued at approximately $45,067,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of DIS. Vanguard Group Inc. lifted its holdings in shares of Walt Disney by 0.4% in the third quarter. Vanguard Group Inc. now owns 158,121,947 shares of the entertainment giant's stock valued at $18,104,963,000 after purchasing an additional 620,463 shares in the last quarter. State Street Corp grew its holdings in shares of Walt Disney by 3.0% during the third quarter. State Street Corp now owns 82,019,749 shares of the entertainment giant's stock worth $9,391,261,000 after buying an additional 2,376,706 shares in the last quarter. Norges Bank acquired a new stake in Walt Disney in the 2nd quarter valued at approximately $2,618,295,000. Ameriprise Financial Inc. raised its position in Walt Disney by 7.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 15,258,722 shares of the entertainment giant's stock valued at $1,892,393,000 after buying an additional 1,080,427 shares during the last quarter. Finally, Loomis Sayles & Co. L P lifted its stake in Walt Disney by 1.5% in the 2nd quarter. Loomis Sayles & Co. L P now owns 14,335,828 shares of the entertainment giant's stock valued at $1,777,786,000 after acquiring an additional 217,142 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company's stock.

Walt Disney Trading Up 1.7%

Shares of Walt Disney stock opened at $100.38 on Wednesday. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $124.69. 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 business's 50 day moving average is $107.16 and its 200-day moving average is $110.03. The stock has a market cap of $177.83 billion, a P/E ratio of 14.76, a P/E/G ratio of 1.34 and a beta of 1.42.

Walt Disney (NYSE:DIS - Get Free Report) last issued 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. Walt Disney had a net margin of 12.80% and a return on equity of 8.90%. The business had revenue of $25.98 billion for the quarter, compared to the consensus estimate of $25.54 billion. During the same period in the previous year, the company earned $1.40 earnings per share. The firm's revenue for the quarter was up 5.2% on a year-over-year basis. Equities research analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Trending Headlines about Walt Disney

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

• Positive Sentiment: Disney says its streaming business has passed breakeven and is now contributing operating income, and ESPN finalized a broad NFL partnership that reshapes distribution and revenue opportunity — evidence that the company’s restructuring and streaming turnaround are working. Disney’s Streaming Profit Turn and ESPN NFL Deal Reframe Investment Case
• Positive Sentiment: Dana Walden unveiled a consolidated Disney Entertainment leadership team that brings streaming, film, TV and games under coordinated oversight — a move investors may view as reducing fragmentation and improving creative/operational execution. Dana Walden Sets Leadership Team at Disney Entertainment
• Positive Sentiment: Disney highlighted advanced robotics/AI work with NVIDIA (the Olaf robot) — a PR/tech win that showcases IP monetization, park/experience differentiation and potential merchandising and experiential revenue. Tech partnerships strengthen Disney’s content-to-experience moat. Nvidia and Disney Bring 'Olaf' to Life at GTC 2026
• Positive Sentiment: Leadership continuity at the top: Josh D’Amaro formally takes over as CEO — his parks/experiences background aligns with Disney’s heavy capex plan for parks and could reassure investors focused on cash generation. Josh D’Amaro Takes Over for Bob Iger as CEO
• Neutral Sentiment: Some analysts point out DIS trades at a historically low multiple — this could be an opportunity if fundamentals keep improving, but also a value‑trap if macro/creative risks persist. Investors are weighing valuation against execution risk. Disney Stock Trading at Historically Low Multiple
• Neutral Sentiment: Market commentary notes the CEO transition is a focal point for investors — leadership changes can create short‑term volatility but also opportunity if new strategy sticks. How to Play 3 Major CEO Transitions in Early 2026
• Negative Sentiment: Reports of internal friction: a New York Post piece says longtime entertainment chief Alan Bergman is “miserable” reporting to Dana Walden — such high‑profile internal tension can spook investors worried about talent attrition and culture disruption. Top Disney exec ‘miserable' over reporting to No. 2 Dana Walden
• Negative Sentiment: Analyses criticizing Iger’s second stint and highlighting past disappointment can weigh on sentiment as investors reassess management track record during transition. Disney's Iger Is About to Step Down. How the Stock Can Rediscover Its Magic.
• Negative Sentiment: Legal/reputation noise: a former games executive filed suit alleging investigative reporting and other disputes — legal distractions can be a headwind if they escalate. Disney chief behind Star Wars games drops explosive suit

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on DIS. Phillip Securities raised shares of Walt Disney to a "moderate buy" rating in a research note on Monday, January 12th. Jefferies Financial Group cut their price objective on shares of Walt Disney from $136.00 to $132.00 and set a "buy" rating on the stock in a research report on Tuesday, February 3rd. Wells Fargo & Company decreased their target price on shares of Walt Disney from $152.00 to $150.00 and set an "overweight" rating for the company in a research report on Tuesday, February 3rd. UBS Group reiterated a "mixed" rating on shares of Walt Disney in a research note on Monday, February 2nd. Finally, Needham & Company LLC reissued a "buy" rating and set a $125.00 price target on shares of Walt Disney in a research report on Monday, February 2nd. Seventeen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $135.80.

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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