Strs Ohio Sells 58,273 Shares of The Walt Disney Company $DIS

Key Points

• Strs Ohio trimmed its Disney stake by 5.5% in the first quarter, selling 58,273 shares and leaving it with 1,004,108 shares valued at about $96.8 million.
• Disney reported better-than-expected quarterly results, posting EPS of $1.57 versus estimates of $1.49 on revenue of $25.17 billion, with revenue up 6.5% year over year.
• Analyst sentiment remains mostly positive, with several firms maintaining or raising ratings and a consensus price target of $133.33, even as Disney faces some near-term headwinds like a $50 million streaming settlement.

Strs Ohio lessened its stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 5.5% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,004,108 shares of the entertainment giant's stock after selling 58,273 shares during the quarter. Strs Ohio owned about 0.06% of Walt Disney worth $96,776,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. J. Stern & Co. LLP boosted its position in shares of Walt Disney by 9,060.1% in the fourth quarter. J. Stern & Co. LLP now owns 38,135,363 shares of the entertainment giant's stock valued at $4,338,660,000 after acquiring an additional 37,719,041 shares during the period. Norges Bank bought a new stake in Walt Disney during the 4th quarter worth approximately $2,388,278,000. Viking Global Investors LP bought a new stake in Walt Disney during the 2nd quarter worth approximately $725,219,000. Price T Rowe Associates Inc. MD lifted its stake in Walt Disney by 62.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 13,876,878 shares of the entertainment giant's stock worth $1,578,773,000 after purchasing an additional 5,334,866 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its stake in Walt Disney by 37.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 12,569,185 shares of the entertainment giant's stock worth $1,429,996,000 after purchasing an additional 3,450,198 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Stock Up 3.9%

DIS opened at $99.42 on Friday. The stock has a market cap of $172.65 billion, a PE ratio of 15.88, a P/E/G ratio of 1.20 and a beta of 1.39. 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 52 week low of $92.18 and a 52 week high of $124.61. The business's fifty day simple moving average is $102.18 and its 200 day simple moving average is $104.66.

Walt Disney (NYSE:DIS - Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The entertainment giant reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.08. Walt Disney had a return on equity of 8.92% and a net margin of 11.54%.The firm had revenue of $25.17 billion during the quarter, compared to analyst estimates of $24.87 billion. During the same quarter in the previous year, the company posted $1.45 earnings per share. The company's revenue was up 6.5% compared to the same quarter last year. Walt Disney has set its FY 2026 guidance at 6.640-6.640 EPS. As a group, research analysts expect that The Walt Disney Company will post 6.86 earnings per share for the current fiscal year.

Walt Disney News Summary

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

• Positive Sentiment: Erste Group slightly raised its FY2026 earnings estimate for Disney, reinforcing expectations for solid profit growth. Erste Group estimate update
• Positive Sentiment: Raymond James kept an outperform rating on Disney despite lowering its price target, signaling continued confidence in the stock’s longer-term upside. Raymond James price target update
• Positive Sentiment: Disney is adding fresh Disney+ content and expanding its JioStar India joint venture, both of which could support subscriber engagement and international growth. Disney streaming/content and JV news
• Neutral Sentiment: Disney-related promotional and community stories, including park events and special screenings, are supportive of the brand but unlikely to materially move the stock on their own. Disney JioStar JV article
• Neutral Sentiment: A report that Disney stock has been labeled a strong value stock by Zacks may help sentiment, but it is more of a valuation call than a near-term catalyst. Zacks value stock article
• Negative Sentiment: Disney agreed to a $50 million settlement tied to live TV streaming pricing claims, adding legal and financial overhang even if the dollar amount is manageable. Disney settlement article
• Negative Sentiment: Recent reports of a fire inside the “It’s a Small World” ride and ride shutdown at a Disney park create short-term operational and reputational noise, though they do not appear to be a major fundamental issue. Disney ride fire article

Wall Street Analyst Weigh In

A number of research analysts have recently commented on DIS shares. JPMorgan Chase & Co. boosted their price target on shares of Walt Disney from $139.00 to $140.00 and gave the company an "overweight" rating in a research report on Tuesday. Phillip Securities upgraded Walt Disney from a "moderate buy" rating to a "strong-buy" rating in a research report on Monday, May 11th. Wells Fargo & Company dropped their price objective on Walt Disney from $148.00 to $146.00 and set an "overweight" rating for the company in a research note on Thursday, May 7th. Barclays boosted their target price on Walt Disney from $130.00 to $135.00 and gave the stock an "overweight" rating in a research report on Thursday, May 7th. Finally, Raymond James Financial decreased their target price on Walt Disney from $119.00 to $111.00 and set an "outperform" rating on the stock in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, fifteen 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 presently has an average rating of "Moderate Buy" and a consensus price target of $133.33.

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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