Lazard Freres Gestion S.A.S. Sells 39,407 Shares of The Walt Disney Company $DIS

Key Points

• Lazard Freres Gestion S.A.S. cut its Disney position by 8.1% in the fourth quarter, selling 39,407 shares and leaving it with 445,278 shares worth about $50.7 million.
• Disney’s latest earnings beat expectations, reporting $1.57 EPS on revenue of $25.17 billion, both ahead of analyst estimates and up 6.5% year over year.
• Analysts remain broadly constructive, with several firms raising price targets and Disney carrying a Moderate Buy consensus and average target price of $134.47, even as the company faces a lawsuit over facial recognition use at California theme parks.

Lazard Freres Gestion S.A.S. lessened its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 8.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 445,278 shares of the entertainment giant's stock after selling 39,407 shares during the quarter. Lazard Freres Gestion S.A.S.'s holdings in Walt Disney were worth $50,659,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the business. Strengthening Families & Communities LLC bought a new stake in shares of Walt Disney during the 3rd quarter valued at $29,000. JPL Wealth Management LLC bought a new stake in shares of Walt Disney during the 3rd quarter valued at $30,000. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Walt Disney during the 3rd quarter valued at $33,000. Bare Financial Services Inc raised its position in shares of Walt Disney by 48.5% during the 3rd quarter. Bare Financial Services Inc now owns 291 shares of the entertainment giant's stock valued at $33,000 after acquiring an additional 95 shares during the last quarter. Finally, Eagle Bay Advisors LLC bought a new stake in shares of Walt Disney during the 4th quarter valued at $37,000. Institutional investors own 65.71% of the company's stock.

Walt Disney Price Performance

DIS opened at $102.25 on Wednesday. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.33. The Walt Disney Company has a 12 month low of $92.18 and a 12 month high of $124.69. The company has a fifty day simple moving average of $101.00 and a 200 day simple moving average of $106.20. The stock has a market cap of $177.55 billion, a P/E ratio of 16.33, a P/E/G ratio of 1.36 and a beta of 1.41.

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, beating analysts' consensus estimates of $1.49 by $0.08. Walt Disney had a net margin of 11.54% and a return on equity of 8.92%. The business had revenue of $25.17 billion during the quarter, compared to analysts' expectations of $24.87 billion. During the same quarter in the prior year, the company earned $1.45 EPS. The firm's quarterly revenue was up 6.5% on a year-over-year basis. Walt Disney has set its FY 2026 guidance at 6.640-6.640 EPS. On average, research analysts expect that The Walt Disney Company will post 6.82 EPS for the current year.

Key Walt Disney News

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

• Positive Sentiment: Erste Group raised its FY2026 earnings estimate for Disney to $6.86 per share from $6.63, slightly above the Street’s $6.82 consensus, signaling improving profit expectations for The Walt Disney Company (DIS). Erste Group raises Disney FY2026 estimates
• Positive Sentiment: Disney unveiled a “Blockbuster Summer” marketing push tied to upcoming releases like The Mandalorian and Grogu and Toy Story 5, which could help support park traffic, merchandise sales, and brand momentum. Disney Blockbuster Summer campaign article
• Positive Sentiment: Disney named Joe Schott as the new Walt Disney World president, a leadership change that may be viewed as an operational reset for the company’s most important domestic parks business. Joe Schott named new Walt Disney World president
• Neutral Sentiment: Disney’s Imagineering and park-development updates, including new courtyard music and signage work at Hollywood Studios, are incremental property enhancements with limited immediate financial impact. Walt Disney Studios Courtyard music revealed
• Neutral Sentiment: Multiple articles highlighted Disney’s community and military-family events, which are positive for brand image but unlikely to move the stock on their own. Blue Star Families and Disney event
• Negative Sentiment: Disney was sued over the use of facial recognition at California theme parks, adding a potential privacy and regulatory overhang for DIS even if the financial impact is still uncertain. Disney sued over facial recognition at California theme parks

Analyst Ratings Changes

Several analysts have commented on the stock. The Goldman Sachs Group reiterated a "buy" rating and set a $151.00 target price on shares of Walt Disney in a research report on Monday, February 2nd. Citigroup upped their target price on shares of Walt Disney from $135.00 to $145.00 and gave the company a "buy" rating in a research report on Friday, May 8th. Guggenheim lifted their price objective on shares of Walt Disney from $115.00 to $120.00 and gave the stock a "buy" rating in a research note on Thursday, May 7th. Weiss Ratings lowered shares of Walt Disney from a "hold (c+)" rating to a "hold (c)" rating in a research note on Wednesday, May 13th. Finally, Jefferies Financial Group reduced 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 note on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $134.47.

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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