Pictet Asset Management Holding SA Sells 470,524 Shares of The Walt Disney Company $DIS

Pictet Asset Management Holding SA reduced its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 30.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,058,792 shares of the entertainment giant's stock after selling 470,524 shares during the quarter. Pictet Asset Management Holding SA owned 0.06% of Walt Disney worth $120,459,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Copeland Capital Management LLC bought a new stake in shares of Walt Disney during the 3rd quarter valued at about $25,000. Strengthening Families & Communities LLC bought a new stake in shares of Walt Disney during the 3rd quarter valued at about $29,000. JPL Wealth Management LLC bought a new stake in shares of Walt Disney during the 3rd quarter valued at about $30,000. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Walt Disney during the 3rd quarter valued at about $33,000. Finally, Bare Financial Services Inc grew its stake 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 period. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Trading Down 0.2%

DIS stock opened at $102.40 on Tuesday. The Walt Disney Company has a 1-year low of $88.56 and a 1-year high of $124.69. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.67 and a quick ratio of 0.61. The company has a market capitalization of $181.40 billion, a price-to-earnings ratio of 15.06, a PEG ratio of 1.43 and a beta of 1.44. The business has a 50 day simple moving average of $101.09 and a two-hundred day simple moving average of $106.90.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings results on Monday, February 2nd. The entertainment giant reported $1.63 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.06. Walt Disney had a return on equity of 8.90% and a net margin of 12.80%.The business had revenue of $25.98 billion during the quarter, compared to the consensus estimate of $25.54 billion. During the same period in the prior year, the company posted $1.40 EPS. The firm's revenue for the quarter was up 5.2% compared to the same quarter last year. Research analysts anticipate that The Walt Disney Company will post 6.61 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on DIS. The Goldman Sachs Group reiterated a "buy" rating and set a $151.00 price objective on shares of Walt Disney in a research note on Monday, February 2nd. Guggenheim cut their price objective on Walt Disney from $140.00 to $115.00 and set a "buy" rating for the company in a research note on Wednesday, March 18th. Needham & Company LLC reiterated a "buy" rating and set a $125.00 price objective on shares of Walt Disney in a research note on Tuesday, March 31st. Phillip Securities upgraded Walt Disney to a "moderate buy" rating in a research note on Monday, January 12th. Finally, Wells Fargo & Company cut their price objective on Walt Disney from $150.00 to $148.00 and set an "overweight" rating for the company in a research note on Friday, March 27th. Seventeen research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $133.53.

More Walt Disney News

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

• Positive Sentiment: Disney launched "Disney Week of Wishes" with Make‑A‑Wish, a high‑visibility CSR and PR push that reinforces brand goodwill and guest engagement across parks and media, which can support consumer demand and sponsorships. Disney and Make-A-Wish Team Up
• Positive Sentiment: Parks news — previews of updated Disney World roller coasters and rededication of a reimagined Wish Lounge help maintain park experience momentum and pricing power heading into peak travel season. These operational highlights support the parks & experiences revenue narrative. Disney Imagineers Peek Wish Lounge Rededication
• Neutral Sentiment: Streaming org shake‑up — Disney is reorganizing streaming data teams after the imminent departure of SVP Ajay Arora. Reorgs can create short‑term disruption but could also improve data alignment long‑term; investors will watch execution and whether content/monetization metrics are affected. Streaming Teams Reorg Business Insider Memo
• Neutral Sentiment: Internal AI adoption — leaked internal docs show heavy employee use of AI tools and token consumption; signals large‑scale adoption (and potential cost) but not an immediate revenue driver. Watch for corporate guidance on AI spend and product integration. AI Adoption Dashboard
• Negative Sentiment: Political backlash — President Trump and the First Lady publicly demanded ABC (owned by Disney) fire Jimmy Kimmel over a recent joke. The escalation draws Disney into partisan controversy, raising short‑term reputational risk, potential advertiser pressure, and renewed regulatory scrutiny. Market participants tend to penalize media owners facing political headlines. Trump Says ABC Should Fire Jimmy Kimmel Bloomberg: Trump Calls Kimmel Jokes Despicable
• Negative Sentiment: Regulatory/political pressure spotlight — reporting and filings noted that Disney has expanded federal lobbying and is under greater scrutiny on content and platform policy. Combined with the Kimmel dispute, this raises the risk premium for Disney’s media assets and could influence future regulatory outcomes. QuiverQuant: Renewed Political Pressure

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.

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.