Geode Capital Management LLC Acquires 1,361,888 Shares of The Walt Disney Company $DIS

Key Points

• Geode Capital Management increased its Walt Disney stake by 3.5% in the fourth quarter, adding 1,361,888 shares to bring its total to 40,588,604 shares valued at about $4.6 billion.
• Disney reported better-than-expected quarterly results, with EPS of $1.57 versus the $1.49 estimate and revenue of $25.17 billion, up 6.5% year over year.
• Wall Street remains broadly positive on DIS, with a Moderate Buy consensus and an average price target of $134.47 after several firms raised targets and ratings.

Geode Capital Management LLC grew its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 3.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 40,588,604 shares of the entertainment giant's stock after buying an additional 1,361,888 shares during the quarter. Geode Capital Management LLC owned 2.29% of Walt Disney worth $4,597,804,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Strengthening Families & Communities LLC bought a new position in shares of Walt Disney during the third quarter valued at approximately $29,000. JPL Wealth Management LLC bought a new position in shares of Walt Disney during the third quarter valued at approximately $30,000. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Walt Disney during the third quarter valued at approximately $33,000. Bare Financial Services Inc grew its stake in shares of Walt Disney by 48.5% during the third quarter. Bare Financial Services Inc now owns 291 shares of the entertainment giant's stock valued at $33,000 after buying an additional 95 shares during the last quarter. Finally, Eagle Bay Advisors LLC bought a new position in shares of Walt Disney during the fourth quarter valued at approximately $37,000. Institutional investors own 65.71% of the company's stock.

Walt Disney Trading Up 0.9%

DIS opened at $104.19 on Thursday. The stock's fifty day moving average is $101.41 and its two-hundred day moving average is $105.86. The company has a market capitalization of $180.92 billion, a P/E ratio of 16.64, a PEG ratio of 1.35 and a beta of 1.41. The Walt Disney Company has a 52 week low of $92.18 and a 52 week high of $124.69. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.33.

Walt Disney (NYSE:DIS - Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The entertainment giant reported $1.57 EPS for the quarter, topping the consensus estimate of $1.49 by $0.08. The company had revenue of $25.17 billion for the quarter, compared to the consensus estimate of $24.87 billion. Walt Disney had a return on equity of 8.92% and a net margin of 11.54%.Walt Disney's quarterly revenue was up 6.5% on a year-over-year basis. During the same period last year, the business posted $1.45 EPS. Walt Disney has set its FY 2026 guidance at 6.640-6.640 EPS. Analysts forecast that The Walt Disney Company will post 6.85 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on DIS. Phillip Securities raised Walt Disney from a "moderate buy" rating to a "strong-buy" rating in a research note on Monday, May 11th. Barclays increased their price objective on Walt Disney from $130.00 to $135.00 and gave the stock an "overweight" rating in a research note on Thursday, May 7th. Morgan Stanley began coverage on Walt Disney in a report on Tuesday, February 3rd. They set an "overweight" rating and a $135.00 price objective on the stock. UBS Group restated a "mixed" rating on shares of Walt Disney in a report on Monday, February 2nd. Finally, JPMorgan Chase & Co. raised their price objective on Walt Disney from $138.00 to $139.00 and gave the stock an "overweight" rating in a report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $134.47.

Key Walt Disney News

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

• Positive Sentiment: Disney World is entering the summer season with multiple new attractions, upgrades, and refreshed guest services, including new park debuts and the return of airport luggage transfer for resort guests. Disney World springs into summer with updates, upgrades
• Positive Sentiment: Disney and Pixar’s Toy Story 5 is benefiting from a major promotional push, including Papa Johns-themed pop-ups, collectibles, and an animated Pixar spot that should help build audience awareness ahead of the movie’s June 19 release. Papa Johns Teams Up with Disney and Pixar for the Release of Toy Story 5
• Positive Sentiment: Disney World continues to roll out new family-focused entertainment, including “Bluey” and Muppets-related attractions, reinforcing the company’s theme park momentum and pricing power. Bluey, Muppets Coaster open at Walt Disney World
• Neutral Sentiment: Disney is also drawing attention for a new “Disney Celebrates America” initiative, but the story appears more branding-oriented than financially material in the near term. Walt Disney Company unveils new ‘Disney Celebrates America’ initiative
• Negative Sentiment: Investor sentiment may be tempered by commentary that The Mandalorian and Grogu underperformed at the box office, raising questions about Disney’s Star Wars film strategy and the strength of its theatrical pipeline. The Mandalorian and Grogu was a box-office disappointment
• Negative Sentiment: One Animal Kingdom attraction update has drawn complaints from fans, a reminder that not every park change is being welcomed by visitors. Disney changed Animal Kingdom attraction and fans are not happy

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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