The Walt Disney Company $DIS Shares Sold by Pictet Asset Management Holding SA

Key Points

• Pictet Asset Management Holding SA cut its Disney stake by 4.7% in Q1, selling 49,715 shares and leaving it with about 1.01 million shares valued at roughly $97.3 million.
• Disney’s recent news flow was generally positive, including parks investments like Pirates of the Caribbean upgrades and new 2026 Walt Disney World event dates, which support the company’s experiences business.
• On the financial and market side, Disney beat Q2 earnings expectations and revenue rose 6.5% year over year, but the stock still faces pressure from streaming-related legal costs and broader valuation/momentum concerns.

Pictet Asset Management Holding SA reduced its stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 4.7% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,009,077 shares of the entertainment giant's stock after selling 49,715 shares during the quarter. Pictet Asset Management Holding SA owned 0.06% of Walt Disney worth $97,255,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Union Bancaire Privee UBP SA raised its stake in shares of Walt Disney by 2.8% during the first quarter. Union Bancaire Privee UBP SA now owns 94,639 shares of the entertainment giant's stock valued at $8,833,000 after purchasing an additional 2,539 shares during the period. River Street Advisors LLC boosted its stake in shares of Walt Disney by 10.1% in the first quarter. River Street Advisors LLC now owns 8,830 shares of the entertainment giant's stock valued at $851,000 after purchasing an additional 812 shares during the period. Merkkuri Wealth Advisors LLC purchased a new position in shares of Walt Disney in the first quarter valued at $29,000. Venturi Wealth Management LLC grew its holdings in Walt Disney by 1,374.8% during the 1st quarter. Venturi Wealth Management LLC now owns 123,778 shares of the entertainment giant's stock valued at $11,930,000 after purchasing an additional 115,385 shares in the last quarter. Finally, Laurel Oak Wealth Management LLC grew its holdings in Walt Disney by 1.9% during the 1st quarter. Laurel Oak Wealth Management LLC now owns 8,842 shares of the entertainment giant's stock valued at $852,000 after purchasing an additional 165 shares in the last quarter. Hedge funds and other institutional investors own 65.71% of the company's stock.

Walt Disney News Summary

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

• Positive Sentiment: Disney unveiled new updates tied to Pirates of the Caribbean and broader parks revamps, including upgraded animatronics and other immersive tech. That suggests continued capital investment in the Parks, Experiences and Products segment, which can support long-term revenue growth and fan engagement. Disney Officially Unveils New Pirates of the Caribbean Release
• Positive Sentiment: Disney also announced 2026 holiday party and festival dates at Walt Disney World, reinforcing demand drivers for the parks business and helping investors gauge strong seasonal attendance and ticketing opportunities. Walt Disney World Announces Dates and Details for 2026 Holiday Parties and Festivals
• Positive Sentiment: Disney highlighted new film marketing around Hexed and a new Lilo & Stitch short, while box-office coverage said Disney became the first studio to pass $3 billion worldwide, both of which support the company’s content and theatrical momentum. Box Office: Disney First Studio to Pass $3B Worldwide
• Neutral Sentiment: Several articles focused on consumer interest in Disney stock, parks tips, merchandise tests, and family-travel rankings. These headlines reflect ongoing brand visibility, but they are unlikely to move shares on their own. The Walt Disney Company (DIS) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Disney World-related fire reports at the Dolphin Hotel led to a brief evacuation and restaurant closure, but the incidents appear contained and operationally limited so far. Fire causes short evacuation at Walt Disney World’s Dolphin resort
• Negative Sentiment: Disney agreed to a $50 million settlement over claims tied to streaming pricing, which is a modest legal/financial overhang and adds to concerns about the economics of the streaming business. Millions may qualify for payouts in Disney streaming case deal
• Negative Sentiment: Coverage also noted Disney’s stock has been under selling pressure and remains below recent moving averages, suggesting the shares are still dealing with broader valuation and momentum concerns despite the recent uptick. Disney (DIS) Stock After Five-Year Slump Is The Current Valuation Opportunity Enough?

Analysts Set New Price Targets

DIS has been the topic of a number of recent analyst reports. Citigroup boosted their price objective on shares of Walt Disney from $135.00 to $145.00 and gave the stock a "buy" rating in a report on Friday, May 8th. Needham & Company LLC restated a "buy" rating and set a $125.00 target price on shares of Walt Disney in a research note on Friday, June 12th. Weiss Ratings lowered Walt Disney from a "hold (c+)" rating to a "hold (c)" rating in a research report on Thursday, June 11th. Guggenheim boosted 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. Finally, Rosenblatt Securities increased their price target on Walt Disney from $121.00 to $126.00 and gave the company a "buy" rating in a report on Friday, June 5th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $133.71.

Walt Disney Trading Up 0.2%

DIS opened at $98.95 on Monday. The Walt Disney Company has a 12-month low of $92.18 and a 12-month high of $124.69. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.68 and a quick ratio of 0.62. The stock has a market capitalization of $171.82 billion, a PE ratio of 15.81, a P/E/G ratio of 1.24 and a beta of 1.39. The firm's fifty day moving average price is $102.80 and its 200 day moving average price is $105.00.

Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The entertainment giant reported $1.57 earnings per share for the quarter, topping the consensus estimate of $1.49 by $0.08. The company had revenue of $25.17 billion during 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 firm's revenue for the quarter was up 6.5% compared to the same quarter last year. During the same period last year, the business earned $1.45 EPS. 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 6.85 EPS for the current fiscal year.

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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