NewEdge Wealth LLC Sells 10,352 Shares of The Walt Disney Company $DIS

Key Points

• NewEdge Wealth LLC cut its Disney position by 36.7% in the first quarter, selling 10,352 shares and retaining 17,822 shares valued at approximately $1.72 million.
• Institutional investors own 65.71% of Disney, while other funds recently initiated or increased positions in the stock.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $129. Disney’s latest quarterly results exceeded expectations, with $1.57 in adjusted EPS and $25.17 billion in revenue.

NewEdge Wealth LLC decreased its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 36.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,822 shares of the entertainment giant's stock after selling 10,352 shares during the quarter. NewEdge Wealth LLC's holdings in Walt Disney were worth $1,718,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in DIS. Swiss RE Ltd. bought a new position in Walt Disney in the 4th quarter valued at approximately $25,000. Curio Wealth LLC grew its stake in shares of Walt Disney by 110.4% during the fourth quarter. Curio Wealth LLC now owns 223 shares of the entertainment giant's stock worth $26,000 after buying an additional 117 shares during the last quarter. Osbon Capital Management LLC bought a new stake in shares of Walt Disney during the fourth quarter worth $26,000. Sfam LLC acquired a new position in shares of Walt Disney during the fourth quarter worth $26,000. Finally, Greenline Wealth Management LLC acquired a new position in shares of Walt Disney during the fourth quarter worth $26,000. Institutional investors own 65.71% of the company's stock.

Key Walt Disney News

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

• Positive Sentiment: Disney shares are rising on expectations that another round of layoffs could support margins by lowering expenses across Pixar, ESPN, and National Geographic, reinforcing management’s cost-cutting narrative ahead of earnings. Disney Shares Rise as Investors Weigh Fresh Cost Cuts and Upcoming Earnings
• Positive Sentiment: Investor sentiment is also being supported by confidence in Disney’s streaming turnaround, strong parks and experiences performance, and optimism around the long-term ESPN direct-to-consumer opportunity. Disney Shares Rise as Investors Weigh Fresh Cost Cuts and Upcoming Earnings
• Positive Sentiment: Unusual call-option buying suggests traders are positioning for additional upside, with bullish flow potentially reflecting expectations for a favorable earnings update on August 5. Disney Shares Rise as Investors Weigh Fresh Cost Cuts and Upcoming Earnings
• Neutral Sentiment: Wall Street coverage remains generally constructive, with recent analyst commentary and price targets implying the stock could have room to recover if execution improves. Is Disney (DIS) a Buy as Wall Street Analysts Look Optimistic?
• Negative Sentiment: Recent layoffs at Pixar, ESPN, and National Geographic also highlight ongoing restructuring pressure and underscore that Disney is still working through a broader efficiency reset. Pixar and National Geographic hit in latest round of Disney layoffs
• Negative Sentiment: The stock has also faced recent weakness after a sharp selloff, leaving DIS close to its 52-week low and reminding investors that sentiment can remain fragile despite the positive catalyst. Walt Disney (DIS) Registers a Bigger Fall Than the Market: Important Facts to Note

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on DIS shares. Citigroup raised their price objective on Walt Disney from $135.00 to $145.00 and gave the company a "buy" rating in a report on Friday, May 8th. Raymond James Financial lowered their target price on Walt Disney from $119.00 to $111.00 and set an "outperform" rating for the company in a report on Thursday, July 2nd. Weiss Ratings downgraded Walt Disney from a "hold (c+)" rating to a "hold (c)" rating in a research report on Thursday, June 11th. Needham & Company LLC reissued a "buy" rating and set a $125.00 price target on shares of Walt Disney in a research note on Friday, June 12th. Finally, Phillip Securities upgraded Walt Disney from a "moderate buy" rating to a "strong-buy" rating in a report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $129.00.

Walt Disney Price Performance

DIS stock opened at $94.78 on Monday. The company has a market capitalization of $164.58 billion, a P/E ratio of 15.14, a PEG ratio of 1.20 and a beta of 1.39. The company has a fifty day moving average price of $99.71 and a 200-day moving average price of $102.82. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.62 and a current ratio of 0.68. The Walt Disney Company has a 52-week low of $92.18 and a 52-week high of $122.45.

Walt Disney (NYSE:DIS - Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The entertainment giant reported $1.57 earnings per share 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 analysts' expectations of $24.87 billion. Walt Disney had a net margin of 11.54% and a return on equity of 8.92%. Walt Disney's revenue for the quarter was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.45 earnings per share. Walt Disney has set its FY 2026 guidance at 6.640-6.640 EPS. As a group, equities analysts expect that The Walt Disney Company will post 6.83 EPS for the current year.

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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