The Walt Disney Company $DIS Shares Sold by Gateway Investment Advisers LLC

Key Points

• Gateway Investment Advisers LLC cut its Walt Disney stake by 11.4% in Q4, selling 43,671 shares and ending the quarter with 338,135 shares valued at about $38.47 million.
• Disney beat quarterly expectations with adjusted EPS of $1.57 (vs. $1.49 est.) and $25.17B in revenue, noted streaming reached its first double‑digit profit margin, the new CEO outlined a growth plan, and the company set FY‑26 EPS guidance at 6.64.
• Analysts have a consensus "Moderate Buy" on DIS with a $133.53 average price target (17 Buys, 5 Holds, 1 Sell).

Gateway Investment Advisers LLC reduced its stake in The Walt Disney Company (NYSE:DIS - Free Report) by 11.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 338,135 shares of the entertainment giant's stock after selling 43,671 shares during the quarter. Gateway Investment Advisers LLC's holdings in Walt Disney were worth $38,470,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Pinnacle Bancorp Inc. boosted its stake in shares of Walt Disney by 1.5% during the 4th quarter. Pinnacle Bancorp Inc. now owns 5,876 shares of the entertainment giant's stock worth $669,000 after purchasing an additional 89 shares during the last quarter. Jim Saulnier & Associates LLC grew its holdings in shares of Walt Disney by 3.1% during the third quarter. Jim Saulnier & Associates LLC now owns 2,995 shares of the entertainment giant's stock worth $343,000 after buying an additional 90 shares in the last quarter. CFO4Life Group LLC raised its position in shares of Walt Disney by 1.2% in the third quarter. CFO4Life Group LLC now owns 7,894 shares of the entertainment giant's stock valued at $904,000 after buying an additional 92 shares during the last quarter. Stonebrook Private Inc. raised its position in shares of Walt Disney by 4.1% in the third quarter. Stonebrook Private Inc. now owns 2,357 shares of the entertainment giant's stock valued at $270,000 after buying an additional 92 shares during the last quarter. Finally, Y.D. More Investments Ltd lifted its stake in shares of Walt Disney by 21.9% during the third quarter. Y.D. More Investments Ltd now owns 524 shares of the entertainment giant's stock valued at $60,000 after buying an additional 94 shares during the period. Institutional investors and hedge funds own 65.71% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on DIS shares. Jefferies Financial Group decreased their target price on shares of Walt Disney from $136.00 to $132.00 and set a "buy" rating on the stock in a research report on Tuesday, February 3rd. TD Cowen reiterated a "hold" rating and issued a $123.00 price target on shares of Walt Disney in a report on Tuesday, February 3rd. Citigroup reduced their price target on Walt Disney from $145.00 to $140.00 and set a "buy" rating on the stock in a research note on Friday, January 16th. Raymond James Financial raised Walt Disney from a "market perform" rating to an "outperform" rating and set a $115.00 price objective for the company in a research report on Wednesday, April 1st. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $125.00 target price on shares of Walt Disney in a research note on Tuesday, March 31st. Seventeen research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $133.53.

Walt Disney Price Performance

Walt Disney stock opened at $108.13 on Thursday. The Walt Disney Company has a 1 year low of $92.18 and a 1 year high of $124.69. The firm has a 50 day moving average price of $100.82 and a 200 day moving average price of $106.64. The company has a market cap of $191.55 billion, a price-to-earnings ratio of 15.90, a PEG ratio of 1.40 and a beta of 1.41. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.61 and a current ratio of 0.67.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The entertainment giant reported $1.57 earnings per share for the quarter, topping analysts' consensus estimates of $1.49 by $0.08. The company had revenue of $25.17 billion for the quarter, compared to the consensus estimate of $24.87 billion. Walt Disney had a net margin of 12.80% and a return on equity of 8.90%. Walt Disney's revenue was up 6.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.45 earnings per share. Walt Disney has set its FY 2026 guidance at 6.640-6.640 EPS. Sell-side analysts predict that The Walt Disney Company will post 6.61 earnings per share for the current year.

Walt Disney News Roundup

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

• Positive Sentiment: Quarterly beat and stronger revenue — Disney reported adjusted EPS of $1.57 and revenue of about $25.17B, both above Street expectations; streaming and parks were key drivers that pushed results past consensus. Disney earnings beat estimates as new CEO outlines growth strategy (Reuters)
• Positive Sentiment: Streaming profitability milestone — Direct-to-consumer reported its first double‑digit profit margin, showing Disney+ and Hulu are moving from cash‑burn toward durable profit contribution. That was a major catalyst for the rally. Disney Jumps 8.4% As Streaming Profitability Hits New Milestone (Yahoo)
• Positive Sentiment: New CEO lays out a focused growth plan — Josh D’Amaro’s first call and a detailed memo emphasized IP, global consumer reach and AI/tech to boost content economics and engagement; investors liked the clarity of strategy. Disney CEO unveils entertainment giant's new 3-pillar growth plan (Fox Business)
• Neutral Sentiment: FY‑26 guidance essentially reaffirmed — Disney provided EPS guidance (6.640) and guided for mid‑teens EPS growth targets; guidance removes some forecasting uncertainty but is in line with expectations rather than a surprise upside. Disney's stock rises as earnings signal that the theme-park business is healthy (MarketWatch)
• Neutral Sentiment: Long‑term projects continue — Disney confirmed its Abu Dhabi theme‑park plans remain on track, a positive long‑term development but not an immediate earnings driver. Disney Confirms Abu Dhabi Theme Park Plans “Unchanged” (Forbes)
• Negative Sentiment: US park attendance softened — Guest spending rose but overall attendance dipped (fewer international visitors), a potential headwind if the trend persists. Disney Q2 earnings beat, but US park attendance dips (Yahoo)
• Negative Sentiment: Rising sports/programming costs and recent layoffs — ESPN faces higher programming expenses and the company has already implemented ~1,000 job cuts, which can pressure margins and public perception in different ways. Disney's New CEO Starts With Job Cuts And A Corporate Reputation To Rebuild (Forbes)

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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