KCM Investment Advisors LLC Sells 7,560 Shares of The Walt Disney Company $DIS

Key Points

• KCM Investment Advisors cut its stake in The Walt Disney Company by 22.6%, selling 7,560 shares and retaining 25,965 shares worth about $2.97 million as of the latest 13F filing.
• Several large institutions either initiated or materially increased Disney positions—Norges Bank and Viking Global opened multi‑hundred‑million dollar stakes while Assenagon, Boston Partners and Laurel Wealth significantly boosted holdings—leaving institutional ownership at 65.71%.
• Analysts hold a consensus " Moderate Buy " with an average target of $135.80; Disney also beat Q1 EPS estimates ($1.63 vs. $1.57) and secured new credit lines totaling $9.25 billion to strengthen liquidity.

KCM Investment Advisors LLC cut its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 22.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 25,965 shares of the entertainment giant's stock after selling 7,560 shares during the period. KCM Investment Advisors LLC's holdings in Walt Disney were worth $2,973,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Norges Bank acquired a new position in Walt Disney in the second quarter valued at approximately $2,618,295,000. Viking Global Investors LP acquired a new stake in Walt Disney during the 2nd quarter worth $725,219,000. Assenagon Asset Management S.A. raised its position in shares of Walt Disney by 231.4% during the 3rd quarter. Assenagon Asset Management S.A. now owns 4,711,353 shares of the entertainment giant's stock valued at $539,450,000 after acquiring an additional 3,289,707 shares during the last quarter. Boston Partners lifted its stake in shares of Walt Disney by 84.2% in the 2nd quarter. Boston Partners now owns 6,921,229 shares of the entertainment giant's stock valued at $856,582,000 after purchasing an additional 3,162,938 shares during the period. Finally, Laurel Wealth Advisors LLC boosted its position in shares of Walt Disney by 11,943.6% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,827,112 shares of the entertainment giant's stock worth $350,590,000 after purchasing an additional 2,803,638 shares during the last quarter. Institutional investors own 65.71% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently commented on DIS. Weiss Ratings downgraded Walt Disney from a "buy (b-)" rating to a "hold (c+)" rating in a report on Tuesday, February 3rd. Phillip Securities upgraded Walt Disney to a "moderate buy" rating in a research report on Monday, January 12th. Jefferies Financial Group lowered their price target on Walt Disney from $136.00 to $132.00 and set a "buy" rating for the company in a research note on Tuesday, February 3rd. KeyCorp reissued a "sector weight" rating on shares of Walt Disney in a research note on Friday, November 14th. Finally, Raymond James Financial restated a "market perform" rating on shares of Walt Disney in a report on Friday, November 14th. Seventeen analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $135.80.

Key Stories Impacting Walt Disney

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

• Positive Sentiment: Disney secured large new credit lines ($5.25B short-term and $4B long-term), strengthening near-term liquidity and reducing refinancing risk. This supports operational flexibility and park/cruise investments. Disney Secures New $5.25 Billion Short-Term, $4 Billion Long-Term Credit Lines
• Positive Sentiment: Disney Cruise Line christened its largest ship, the Disney Adventure, in Singapore — a strategic push into Southeast Asia that could expand international revenue and diversify cruise demand. Disney Cruise Line Christens Newest Ship in Singapore
• Positive Sentiment: Promotional moves aimed at driving park demand this summer — e.g., free dining plans for Disney Visa cardmembers — could boost occupancy and F&B spending if broadly adopted. Disney Visa Cardmembers Can Get a Free Dining Plan at Walt Disney World This Summer
• Neutral Sentiment: Operational and attraction updates (Frozen Ever After animatronic refresh, Avengers Campus expansion, ride replacements) improve guest experience but are incremental to near-term earnings. How Disney Updated the Elsa, Anna, and Kristoff Audio-Animatronics
• Neutral Sentiment: Analyst discourse is split: some research argues Disney’s IP and fair value justify a higher target (~$130), while others flag execution risk — keeping valuations in a tight but contested range. Why The Narrative Around Walt Disney (DIS) Is Shifting
• Negative Sentiment: Investor uncertainty about management transition (Bob Iger stepping aside, Josh D’Amaro set to lead) plus lingering questions after the earnings cadence are weighing on sentiment; some coverage frames Disney at an "inflection point." Disney Bull vs Bear: What Big Changes at the Entertainment Giant Really Mean for Investors
• Negative Sentiment: Shares have also dipped since the last earnings report as investors parse guidance, margin outlook and whether recent promotions dilute near-term profitability. Why Is Disney (DIS) Down 0.9% Since Last Earnings Report?

Walt Disney Price Performance

NYSE DIS opened at $102.29 on Friday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.61 and a current ratio of 0.67. The stock has a market cap of $181.21 billion, a price-to-earnings ratio of 15.04, a PEG ratio of 1.40 and a beta of 1.42. The business has a 50 day simple moving average of $109.31 and a 200 day simple moving average of $111.08. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69.

Walt Disney (NYSE:DIS - Get Free Report) last released its quarterly earnings results on Monday, February 2nd. The entertainment giant reported $1.63 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.06. Walt Disney had a net margin of 12.80% and a return on equity of 8.90%. The company had revenue of $25.98 billion during the quarter, compared to analysts' expectations of $25.54 billion. During the same quarter in the prior year, the company earned $1.40 earnings per share. The business's quarterly revenue was up 5.2% compared to the same quarter last year. Analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

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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