First Fiduciary Investment Counsel Inc. Sells 5,577 Shares of The Walt Disney Company $DIS

Key Points

• First Fiduciary Investment Counsel reduced its Disney stake by 4.4%, selling 5,577 shares and retaining 120,990 shares valued at approximately $12.7 million. Institutional investors collectively own 65.71% of Disney.
• Analysts remain broadly positive, with Disney receiving a “Moderate Buy” consensus rating and an average price target of $128.16; ratings include one Strong Buy, 17 Buys and three Holds.
• Disney insiders sold 20,926 shares worth roughly $2.23 million over the past 90 days, while the company’s latest quarterly results exceeded EPS estimates and revenue rose 6.8% year over year.

First Fiduciary Investment Counsel Inc. decreased its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 4.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 120,990 shares of the entertainment giant's stock after selling 5,577 shares during the quarter. Walt Disney makes up 2.4% of First Fiduciary Investment Counsel Inc.'s investment portfolio, making the stock its 17th biggest holding. First Fiduciary Investment Counsel Inc.'s holdings in Walt Disney were worth $12,692,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of DIS. Advisors Management Group Inc. ADV raised its position in Walt Disney by 4.6% during the 1st quarter. Advisors Management Group Inc. ADV now owns 2,266 shares of the entertainment giant's stock worth $218,000 after purchasing an additional 100 shares during the last quarter. Providence Wealth Advisors LLC grew 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 valued at $888,000 after buying an additional 100 shares during the last quarter. Guardian Partners Inc. grew 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 valued at $3,188,000 after buying an additional 101 shares during the last quarter. Chapin Davis Inc. grew its position in shares of Walt Disney by 0.3% in the 2nd quarter. Chapin Davis Inc. now owns 32,101 shares of the entertainment giant's stock valued at $3,090,000 after buying an additional 103 shares during the last quarter. Finally, Bannerman Wealth Management Group LLC increased its stake in shares of Walt Disney by 4.4% in the second quarter. Bannerman Wealth Management Group LLC now owns 2,609 shares of the entertainment giant's stock valued at $251,000 after buying an additional 109 shares during the period. Institutional investors own 65.71% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on DIS. UBS Group set a $115.00 price target on Walt Disney in a research note on Monday, August 24th. Weiss Ratings raised Walt Disney from a "hold (c)" rating to a "hold (c+)" rating in a research note on Friday, October 9th. Barclays upped their target price on Walt Disney from $110.00 to $115.00 and gave the company an "overweight" rating in a report on Thursday, August 6th. Benchmark reissued a "buy" rating on shares of Walt Disney in a research report on Monday, August 31st. Finally, Guggenheim reissued a "buy" rating and set a $120.00 target price on shares of Walt Disney in a research report on Monday, September 28th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $128.16.

Insider Activity

In related news, EVP Paul M. Roeder sold 3,596 shares of the firm's stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $106.32, for a total transaction 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 2,856 shares of Walt Disney stock in a transaction that occurred on Friday, October 16th. The stock was sold at an average price of $111.68, for a total value of $318,958.08. Following the completion of the sale, the executive vice president owned 62,995 shares of the company's stock, valued at approximately $7,035,281.60. The trade was a 4.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 20,926 shares of company stock worth $2,232,126. 0.17% of the stock is owned by corporate insiders.

Walt Disney News Summary

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

• Positive Sentiment: Analysts expect Disney’s fourth-quarter earnings per share to increase by more than 50% year over year. Strong earnings expectations could support the stock if Disney delivers on growth in streaming, entertainment and parks. Walt Disney Earnings Preview: What to Expect
• Positive Sentiment: Disney reportedly bid $20 million for a nonexclusive, perpetual license to Character.AI technology and offered positions to most of its engineers. The move could strengthen Disney’s artificial-intelligence capabilities, although the financial impact and strategic benefits remain uncertain. Walt Disney Bids For Character.AI
• Positive Sentiment: Disney and Channel 4 reached a deal to bring Channel 4 content to Disney+, potentially improving the streaming service’s content offering and international appeal. Channel 4 and Disney+ Deal
• Neutral Sentiment: A comparison with Versant focuses on which media company offers better value, keeping attention on Disney’s valuation rather than identifying a new company-specific catalyst. VSNT or DIS: Which Is the Better Value Stock Right Now?
• Negative Sentiment: Disney’s decline while the broader market gained indicates near-term selling pressure and investor reluctance to bid up the shares before earnings. The report did not identify a new operational problem, so the move may reflect positioning, valuation concerns or profit-taking. Walt Disney Stock Drops Despite Market Gains
• Negative Sentiment: Netflix’s weaker forward revenue outlook and slowing growth pressured its shares, potentially reinforcing broader concerns about streaming-sector growth and competition ahead of Disney’s results. Netflix Growth Concerns

Walt Disney Price Performance

DIS stock opened at $109.08 on Thursday. The firm has a market cap of $188.35 billion, a price-to-earnings ratio of 22.49, a PEG ratio of 1.30 and a beta of 1.41. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.32. The Walt Disney Company has a 12-month low of $92.18 and a 12-month high of $117.09. The company's fifty day simple moving average is $107.21 and its 200 day simple moving average is $103.62.

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 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 during the quarter, compared to the consensus estimate of $25.39 billion. During the same period last year, the business posted $1.61 EPS. The business's revenue was up 6.8% compared to the same quarter last year. Walt Disney has set its FY 2026 guidance at 6.642-6.642 EPS. On average, analysts expect that The Walt Disney Company will post 6.92 earnings per share for the current year.

Walt Disney Profile

The Walt Disney Company NYSE: DIS is a global entertainment and media company that develops, produces and distributes branded content through film studios, television networks and streaming services. Its portfolio includes Disney, Pixar, Marvel, Star Wars, National Geographic and other entertainment brands, with distribution through services such as Disney+ and Hulu.

Disney also operates ESPN and related sports media businesses, as well as theme parks, resorts, cruise lines and vacation experiences.

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.