Summitry LLC Buys 6,862 Shares of The Walt Disney Company $DIS

Key Points

• Summitry LLC increased its Disney stake by 169.2% in the first quarter, buying 6,862 additional shares for a total of 10,918 shares valued at approximately $1.05 million.
• Institutional ownership remains substantial, with hedge funds and other institutions holding 65.71% of Disney’s outstanding shares; major holders including Vanguard, State Street and Geode also increased their positions.
• Disney faces a key near-term catalyst with fiscal third-quarter earnings scheduled for August 5. Investors will focus on streaming profitability, parks performance and content results amid mixed analyst sentiment, while the stock recently traded near $96.29 versus a consensus price target of $128.38.

Summitry LLC increased its stake in The Walt Disney Company (NYSE:DIS - Free Report) by 169.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,918 shares of the entertainment giant's stock after buying an additional 6,862 shares during the quarter. Summitry LLC's holdings in Walt Disney were worth $1,052,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in shares of Walt Disney by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 159,342,154 shares of the entertainment giant's stock valued at $18,128,357,000 after acquiring an additional 1,220,207 shares during the period. State Street Corp lifted its holdings in shares of Walt Disney by 2.3% in the 4th quarter. State Street Corp now owns 83,873,646 shares of the entertainment giant's stock worth $9,604,567,000 after acquiring an additional 1,853,897 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Walt Disney by 3.5% during the 4th quarter. Geode Capital Management LLC now owns 40,588,604 shares of the entertainment giant's stock worth $4,597,804,000 after purchasing an additional 1,361,888 shares during the period. J. Stern & Co. LLP grew its holdings in Walt Disney by 9,060.1% during the 4th quarter. J. Stern & Co. LLP now owns 38,135,363 shares of the entertainment giant's stock valued at $4,338,660,000 after purchasing an additional 37,719,041 shares during the last quarter. Finally, Norges Bank bought a new position in Walt Disney during the 4th quarter valued at about $2,388,278,000. 65.71% of the stock is owned by hedge funds and other institutional investors.

Walt Disney News Roundup

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

• Positive Sentiment: Disney is reportedly selling its remaining 50% stake in A+E Networks to Hearst for more than $1 billion. The transaction, expected to close alongside earnings, would provide cash and allow Disney to further simplify its portfolio, although it also removes exposure to A&E, History and Lifetime. Disney Selling 50% A+E Stake To Hearst For More Than $1B
• Positive Sentiment: Disney’s streaming business is being positioned as a growth driver. A report says the company has moved from multibillion-dollar streaming losses to profitability and is now pursuing international expansion, supporting the investment case if subscriber growth and margins continue improving. Disney turns $4 billion streaming loss into profit, and now it chases global growth
• Neutral Sentiment: Disney reports fiscal third-quarter results on August 5. Analysts are examining streaming profitability, park trends, content performance and other operating metrics beyond revenue and earnings estimates. The report is a near-term catalyst after the stock’s recent decline. Stay Ahead of the Game With Disney Q3 Earnings
• Neutral Sentiment: Walt Disney World President Jeff Vahle is retiring after 36 years. The leadership transition could create execution uncertainty for the parks division, but the departure was presented as a planned retirement rather than an abrupt management change. Walt Disney World President Jeff Vahle Signs Off on His Last Day
• Neutral Sentiment: Disney continues investing in its parks and consumer experiences, including a planned Carousel of Progress refurbishment and new merchandise collaborations with Starbucks. These initiatives may support attendance and per-guest spending, but their financial impact is not yet quantified. Disney and Starbucks Fall Collection Debuts
• Negative Sentiment: Analyst caution is weighing on sentiment. Citigroup issued a pessimistic forecast for DIS, while other reports discuss FY2027 earnings estimates. The divergence highlights uncertainty around Disney’s medium-term growth and valuation. Citigroup Issues Pessimistic Forecast for Walt Disney Stock
• Negative Sentiment: Disney’s restructuring includes additional Pixar job cuts. Pixar reportedly eliminated 108 positions, reinforcing concerns about cost pressure, content-production efficiency and the pace of Disney’s creative recovery, even as the company continues investing in its parks. How Pixar Cuts and Park Investments Have Changed Disney’s Investment Story

Walt Disney Stock Up 0.1%

Shares of Walt Disney stock opened at $96.29 on Friday. The Walt Disney Company has a 52-week low of $92.18 and a 52-week high of $119.91. The firm's 50 day moving average price is $99.10 and its 200-day moving average price is $102.30. 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 company has a market cap of $167.22 billion, a P/E ratio of 15.38, a PEG ratio of 1.21 and a beta of 1.39.

Walt Disney (NYSE:DIS - Get Free Report) last released 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. The business had revenue of $25.17 billion for the quarter, compared to analyst estimates of $24.87 billion. Walt Disney had a net margin of 11.54% and a return on equity of 8.92%. The business's revenue for the quarter was up 6.5% on a year-over-year basis. During the same period in the previous year, the company earned $1.45 earnings per share. Walt Disney has set its FY 2026 guidance at 6.640-6.640 EPS. On average, sell-side analysts predict that The Walt Disney Company will post 6.83 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on DIS shares. Raymond James Financial decreased their target price on Walt Disney from $119.00 to $111.00 and set an "outperform" rating for the company in a research report on Thursday, July 2nd. Phillip Securities upgraded shares of Walt Disney from a "moderate buy" rating to a "strong-buy" rating in a report on Monday, May 11th. Benchmark reiterated a "buy" rating on shares of Walt Disney in a report on Monday, July 20th. Guggenheim raised their price target on Walt Disney from $115.00 to $120.00 and gave the company a "buy" rating in a research note on Thursday, May 7th. Finally, Wells Fargo & Company decreased their price objective on Walt Disney from $146.00 to $125.00 and set an "overweight" rating for the company in a report on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $128.38.

Walt Disney Company 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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