The Walt Disney Company $DIS Shares Sold by Banco Santander S.A.

Key Points

• Banco Santander S.A. trimmed its Walt Disney stake by 3.8% in the fourth quarter, selling 12,747 shares and leaving it with 320,225 shares valued at about $36.4 million.
• Wall Street sentiment remains broadly positive, with several analysts raising price targets and Needham reaffirming a Buy rating with a $125 target; Disney’s overall analyst consensus is still “Moderate Buy.”
• Disney’s latest earnings beat expectations, reporting $1.57 EPS on revenue of $25.17 billion, while company shares recently traded near $99.89, below both the 50-day and 200-day moving averages.

Banco Santander S.A. lessened its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 3.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 320,225 shares of the entertainment giant's stock after selling 12,747 shares during the quarter. Banco Santander S.A.'s holdings in Walt Disney were worth $36,432,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Franklin Resources Inc. grew its stake in Walt Disney by 29.2% in the fourth quarter. Franklin Resources Inc. now owns 8,522,860 shares of the entertainment giant's stock valued at $969,646,000 after purchasing an additional 1,924,200 shares in the last quarter. Vanguard Group Inc. grew its stake in Walt Disney by 0.4% in the third quarter. Vanguard Group Inc. now owns 158,121,947 shares of the entertainment giant's stock valued at $18,104,963,000 after purchasing an additional 620,463 shares in the last quarter. World Investment Advisors grew its stake in Walt Disney by 18.8% in the fourth quarter. World Investment Advisors now owns 96,476 shares of the entertainment giant's stock valued at $10,976,000 after purchasing an additional 15,243 shares in the last quarter. NEOS Investment Management LLC grew its stake in Walt Disney by 50.4% in the third quarter. NEOS Investment Management LLC now owns 226,240 shares of the entertainment giant's stock valued at $25,904,000 after purchasing an additional 75,791 shares in the last quarter. Finally, Public Sector Pension Investment Board grew its stake in Walt Disney by 92.4% in the third quarter. Public Sector Pension Investment Board now owns 833,540 shares of the entertainment giant's stock valued at $95,440,000 after purchasing an additional 400,307 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company's stock.

Key Headlines Impacting Walt Disney

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

• Positive Sentiment: Needham & Company reaffirmed its Buy rating on Disney and set a $125 price target, implying meaningful upside from recent trading levels and reinforcing bullish sentiment around the stock. Benzinga report on Needham rating reaffirmation
• Positive Sentiment: Erste Group Bank raised its FY2026 and FY2027 earnings estimates for Disney, signaling improving profit expectations and suggesting analysts see stronger fundamentals ahead.
• Positive Sentiment: Disney upgraded the My Disney Experience app to make vacation planning easier, a small but constructive sign that the company is improving the guest experience and supporting its parks business. AOL article on My Disney Experience app upgrade
• Neutral Sentiment: Several entertainment articles about Kevin Costner meeting Walt Disney, and other Disney-related lifestyle/travel pieces, are mostly brand awareness items and are unlikely to materially affect the stock price. Yahoo Entertainment article on Kevin Costner story
• Neutral Sentiment: Recent commentary also noted Disney’s share price weakness and valuation debate, but that appears more reflective of the broader pullback than a new company-specific catalyst. Yahoo Finance article on DIS share price weakness

Walt Disney Stock Down 0.5%

Shares of DIS opened at $99.89 on Friday. The firm has a market capitalization of $173.45 billion, a price-to-earnings ratio of 15.96, a PEG ratio of 1.31 and a beta of 1.39. 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 business's fifty day moving average price is $102.28 and its two-hundred day moving average price is $105.22. The Walt Disney Company has a 52 week low of $92.18 and a 52 week high of $124.69.

Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The entertainment giant reported $1.57 EPS for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to analyst estimates of $24.87 billion. During the same period last year, the company earned $1.45 EPS. The business's quarterly 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. On average, analysts predict that The Walt Disney Company will post 6.85 earnings per share for the current year.

Wall Street Analysts Forecast Growth

DIS has been the topic of a number of recent research reports. Barclays boosted their target price on Walt Disney from $130.00 to $135.00 and gave the company an "overweight" rating in a research note on Thursday, May 7th. Guggenheim upped their price target on Walt Disney from $115.00 to $120.00 and gave the stock a "buy" rating in a research note on Thursday, May 7th. Citigroup upped their price target on Walt Disney from $135.00 to $145.00 and gave the stock a "buy" rating in a research note on Friday, May 8th. Needham & Company LLC reiterated a "buy" rating and set a $125.00 price target on shares of Walt Disney in a research note on Friday. Finally, JPMorgan Chase & Co. upped their price target on Walt Disney from $138.00 to $139.00 and gave the stock an "overweight" rating in a research note on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $133.71.

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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