The Walt Disney Company $DIS Shares Sold by NewEdge Advisors LLC

Key Points

• NewEdge Advisors reduced its Disney position by 25.5% in the first quarter, selling 69,616 shares and retaining 203,028 shares worth approximately $19.6 million. Institutional investors collectively own 65.71% of Disney’s stock.
• Disney reported quarterly EPS of $2.06, exceeding the $1.86 consensus estimate, while revenue rose 6.8% year over year to $25.25 billion but fell slightly short of expectations.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $128.61. Streaming profitability, planned share repurchases of at least $9 billion, and strong parks and sports demand support the outlook, though revenue misses and streaming execution risks remain concerns.

NewEdge Advisors LLC cut its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 25.5% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 203,028 shares of the entertainment giant's stock after selling 69,616 shares during the period. NewEdge Advisors LLC's holdings in Walt Disney were worth $19,568,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DIS. J. Stern & Co. LLP lifted 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 in the last quarter. Norges Bank acquired a new position in shares of Walt Disney in the 4th quarter valued at $2,388,278,000. Viking Global Investors LP acquired a new position in Walt Disney in the second quarter valued at $725,219,000. Price T Rowe Associates Inc. MD lifted its stake in shares of 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 valued at $1,578,773,000 after purchasing an additional 5,334,866 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of 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 valued at $1,429,996,000 after acquiring an additional 3,450,198 shares during the period. Hedge funds and other institutional investors own 65.71% of the company's stock.

Trending Headlines about Walt Disney

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

• Positive Sentiment: Analysts raise targets and reaffirm Buy ratings. Wells Fargo lifted its target to $132, Argus set a $134 target, and Barclays raised its target to $115 while maintaining an Overweight rating. Other firms, including Benchmark, Guggenheim, Rosenblatt and Needham, also reiterated bullish views. Are Wall Street Analysts Bullish on Walt Disney Stock?
• Positive Sentiment: Streaming momentum is improving. Disney’s streaming business delivered sharply higher profits, while Warner Bros. Discovery said the Disney+, Hulu and Max bundle is reducing churn and improving subscriber growth. Disney also plans to expand Disney+ into a broader ecosystem involving games, merchandise and interactive experiences. Warner Bros. Discovery Says Disney Bundle Is Delivering
• Positive Sentiment: Management strengthened its shareholder-return outlook. Disney reaffirmed its earnings-growth guidance and increased planned share repurchases to at least $9 billion, supporting per-share earnings and signaling confidence in future cash generation. Disney Q3 Earnings Call Highlights Parks and Streaming Growth
• Positive Sentiment: ESPN’s NFL strategy is gaining traction. Disney has already sold out advertising inventory for Super Bowl LXI, which ESPN will broadcast in 2027, highlighting strong demand for premium sports advertising.
• Neutral Sentiment: The TikTok partnership could expand Disney’s reach. Allowing creators to use Disney characters and distribute short-form videos on TikTok and Disney+ may deepen engagement, although the deal’s direct financial impact remains uncertain. Disney and TikTok Strike Short-Form Video-Sharing Deal
• Negative Sentiment: Revenue slightly missed expectations. Quarterly revenue of roughly $25.2 billion came in below the approximately $25.4 billion consensus forecast. Investors also remain cautious because DIS has underperformed the broader market and remains well below its 12-month high.
• Negative Sentiment: Growth concerns have not disappeared. A potential free, ad-supported streaming tier could broaden Disney’s audience but may pressure average revenue per user and increase execution risk. Some investors also question whether recent gains from blockbuster content and theme parks can be sustained.

Walt Disney Trading Up 0.2%

NYSE:DIS opened at $104.92 on Friday. The company has a market cap of $181.16 billion, a PE ratio of 21.63, a P/E/G ratio of 1.35 and a beta of 1.39. The business's 50 day moving average is $98.93 and its two-hundred day moving average is $101.91. The company has a quick ratio of 0.62, a current ratio of 0.71 and a debt-to-equity ratio of 0.32. The Walt Disney Company has a 52 week low of $92.18 and a 52 week high of $119.78.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The entertainment giant reported $2.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.20. Walt Disney had a return on equity of 9.90% and a net margin of 8.70%.The business had revenue of $25.25 billion for the quarter, compared to analyst estimates of $25.39 billion. During the same period in the prior year, the company posted $1.61 EPS. The business's revenue was up 6.8% compared to the same quarter last year. Walt Disney has set its FY 2026 guidance at 6.642-6.642 EPS. On average, analysts predict that The Walt Disney Company will post 6.95 EPS for the current year.

Analyst Ratings Changes

A number of research firms have recently issued reports on DIS. Raymond James Financial lowered their target price on Walt Disney from $119.00 to $111.00 and set an "outperform" rating for the company in a research note on Thursday, July 2nd. Truist Financial set a $115.00 price objective on shares of Walt Disney in a research report on Monday. Wells Fargo & Company lifted their price objective on shares of Walt Disney from $125.00 to $132.00 and gave the company an "overweight" rating in a research note on Thursday. Argus restated a "buy" rating and issued a $134.00 target price on shares of Walt Disney in a research note on Thursday. Finally, Wolfe Research set a $131.00 price target on shares of Walt Disney in a report on Tuesday, June 30th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $128.61.

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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