Saudi Central Bank Buys 58,109 Shares of The Walt Disney Company $DIS

Key Points

• Saudi Central Bank increased its Disney stake by 88.2% during the second quarter, adding 58,109 shares for a total holding of 124,006 shares valued at approximately $11.9 million.
• Institutional investors and hedge funds own 65.71% of Disney, with major changes including new stakes from Norges Bank, Bank of New York Mellon and Viking Global Investors.
• Disney shares opened at $105.36 after falling 1.7%; despite macroeconomic pressure on media stocks, analysts maintain a Moderate Buy consensus with an average price target of $127.61.

Saudi Central Bank grew its position in The Walt Disney Company (NYSE:DIS - Free Report) by 88.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 124,006 shares of the entertainment giant's stock after purchasing an additional 58,109 shares during the quarter. Saudi Central Bank's holdings in Walt Disney were worth $11,936,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. J. Stern & Co. LLP raised its holdings in Walt Disney by 9,060.1% in the 4th quarter. J. Stern & Co. LLP now owns 38,135,363 shares of the entertainment giant's stock worth $4,338,660,000 after acquiring an additional 37,719,041 shares during the period. Norges Bank acquired a new position in Walt Disney during the 4th quarter worth $2,388,278,000. Bank of New York Mellon Corp bought a new stake in Walt Disney during the second quarter valued at about $1,386,720,000. Viking Global Investors LP acquired a new stake in shares of Walt Disney in the second quarter valued at about $725,219,000. Finally, Price T Rowe Associates Inc. MD grew its position in shares of Walt Disney by 62.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 13,876,878 shares of the entertainment giant's stock valued at $1,578,773,000 after purchasing an additional 5,334,866 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Walt Disney

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

• Positive Sentiment: Disney and Optimum renewed their carriage agreement, reducing the risk of a disruption for viewers and supporting the company’s traditional television distribution business. Disney and Optimum renew carriage deal
• Positive Sentiment: Disney’s controlling stake in FuboTV and planned Hulu + Live TV integration are being viewed as potential long-term catalysts for its streaming strategy, although the opportunity remains speculative and depends on improving Fubo’s profitability. FuboTV and Disney streaming strategy
• Positive Sentiment: Recent analyst commentary highlights Disney’s relatively discounted valuation, improving earnings outlook and valuable entertainment, parks and consumer-products intellectual property. One analysis estimates the shares are close to fair value, while broader analyst coverage maintains a Moderate Buy consensus and an average target of $127.61. Disney valuation and analyst outlook
• Neutral Sentiment: Disney World is promoting new seasonal food and beverages and merchandise, which could support guest spending, but these announcements are unlikely to materially change near-term earnings expectations. Disney World fall offerings
• Neutral Sentiment: Planned and unexpected closures of several Disney World attractions and resort areas create temporary guest-experience and capacity concerns, though no financial impact was disclosed. Disney World resort closure
• Negative Sentiment: Market rates are weighing on long-duration growth stocks, with streaming and media companies particularly exposed to valuation compression. This macro pressure is a key reason Disney is trading lower alongside the broader sector. Interest-rate pressure on media stocks
• Negative Sentiment: Executive Vice President Brent Woodford sold 3,618 shares worth approximately $387,600, reducing his direct holdings by 5.49%. The transaction occurred under a pre-arranged Rule 10b5-1 plan, which lessens its significance as a discretionary bearish signal. Disney executive stock sale

Walt Disney Stock Down 1.7%

DIS stock opened at $105.36 on Friday. The Walt Disney Company has a twelve month low of $92.18 and a twelve month high of $119.78. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.32. The company has a market cap of $181.92 billion, a PE ratio of 21.72, a price-to-earnings-growth ratio of 1.31 and a beta of 1.41. The business's 50-day simple moving average is $101.23 and its 200 day simple moving average is $101.59.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The entertainment giant reported $2.06 EPS for the quarter, beating the consensus estimate of $1.86 by $0.20. The firm had revenue of $25.25 billion during the quarter, compared to analysts' expectations of $25.39 billion. Walt Disney had a return on equity of 9.90% and a net margin of 8.70%.The company's revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.61 EPS. Walt Disney has set its FY 2026 guidance at 6.642-6.642 EPS. On average, research analysts anticipate that The Walt Disney Company will post 6.91 earnings per share for the current year.

Insider Transactions at Walt Disney

In other news, EVP Paul Roeder sold 3,596 shares of the firm's stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $106.32, for a total transaction of $382,326.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Brent Woodford sold 3,618 shares of the business's stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $107.13, for a total value of $387,596.34. Following the completion of the transaction, the executive vice president directly owned 62,328 shares in the company, valued at $6,677,198.64. The trade was a 5.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 14,452 shares of company stock valued at $1,532,157 in the last quarter. 0.17% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

DIS has been the subject of several research analyst reports. Citigroup cut their price objective on Walt Disney from $145.00 to $135.00 and set a "buy" rating for the company in a research report on Wednesday, July 29th. JPMorgan Chase & Co. raised their target price on Walt Disney from $139.00 to $140.00 and gave the company an "overweight" rating in a report on Tuesday, June 30th. Raymond James Financial dropped their price target on Walt Disney from $119.00 to $111.00 and set an "outperform" rating on the stock in a research report on Thursday, July 2nd. Wells Fargo & Company raised their price objective on shares of Walt Disney from $125.00 to $132.00 and gave the stock an "overweight" rating in a research note on Thursday, August 6th. Finally, Argus reaffirmed a "buy" rating and set a $134.00 target price on shares of Walt Disney in a research report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $127.61.

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.

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.

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