Walt Disney (NYSE:DIS) Shares Sold Off Rep. Mike Kelly

Key Points

• Rep. Mike Kelly sold Walt Disney shares valued between $1,001 and $15,000 on July 17 through the Victoria Kelly Trust account; he also sold shares of Abbott Laboratories and PepsiCo.
• Disney reported quarterly adjusted earnings of $2.06 per share, beating the $1.86 consensus estimate, while revenue reached $25.25 billion and rose 6.8% year over year.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $128.61; institutional investors own 65.71% of the stock.

Representative Mike Kelly (Republican-Pennsylvania) recently sold shares of The Walt Disney Company NYSE: DIS. In a filing disclosed on August 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Walt Disney stock on July 17th. The trade occurred in the Representative's "VICTORIA KELLY TRUST ICA" account.

Representative Mike Kelly also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Abbott Laboratories NYSE: ABT on 7/17/2026.
• Sold $15,001 - $50,000 in shares of PepsiCo NASDAQ: PEP on 7/17/2026.

Walt Disney Price Performance

NYSE:DIS opened at $103.24 on Thursday. The firm has a market capitalization of $178.26 billion, a price-to-earnings ratio of 21.29, a P/E/G ratio of 1.21 and a beta of 1.39. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.65 and a current ratio of 0.71. The stock has a fifty day moving average of $99.05 and a 200 day moving average of $101.66. 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 data on Wednesday, August 5th. The entertainment giant reported $2.06 earnings per share for the quarter, topping the consensus estimate of $1.86 by $0.20. The company had revenue of $25.25 billion for the quarter, compared to analysts' expectations of $25.39 billion. Walt Disney had a net margin of 8.70% and a return on equity of 9.90%. Walt Disney's revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the prior year, the business earned $1.61 earnings per share. Walt Disney has set its FY 2026 guidance at 6.642-6.642 EPS. On average, research analysts expect that The Walt Disney Company will post 6.9 EPS for the current fiscal year.

Institutional Investors Weigh In On Walt Disney

A number of hedge funds have recently made changes to their positions in DIS. Vanguard Group Inc. lifted its stake in Walt Disney by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 159,342,154 shares of the entertainment giant's stock worth $18,128,357,000 after purchasing an additional 1,220,207 shares during the last quarter. State Street Corp grew its stake in shares of Walt Disney by 2.3% during the fourth quarter. State Street Corp now owns 83,873,646 shares of the entertainment giant's stock valued at $9,604,567,000 after buying an additional 1,853,897 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Walt Disney by 3.5% during the fourth quarter. Geode Capital Management LLC now owns 40,588,604 shares of the entertainment giant's stock valued at $4,597,804,000 after buying an additional 1,361,888 shares during the last quarter. J. Stern & Co. LLP grew its position 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 worth $4,338,660,000 after acquiring an additional 37,719,041 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of Walt Disney in the fourth quarter worth $2,388,278,000. 65.71% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Raymond James Financial cut their price target on shares of Walt Disney from $119.00 to $111.00 and set an "outperform" rating for the company in a research note on Thursday, July 2nd. UBS Group dropped their price objective on shares of Walt Disney from $138.00 to $133.00 and set a "buy" rating for the company in a report on Monday, July 20th. Truist Financial set a $115.00 target price on shares of Walt Disney in a research report on Monday, August 3rd. Guggenheim reissued a "buy" rating and issued a $120.00 target price on shares of Walt Disney in a research note on Thursday, August 6th. Finally, Barclays raised their price target on Walt Disney from $110.00 to $115.00 and gave the company an "overweight" rating in a research report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Walt Disney currently has a consensus rating of "Moderate Buy" and an average target price of $128.61.

Key Stories Impacting Walt Disney

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

• Positive Sentiment: Disney reported a strong fiscal third quarter, with record Experiences revenue and 28% earnings-per-share growth. The results included adjusted EPS of $2.06, ahead of the $1.86 consensus, while Disney+ and Hulu remained profitable. Disney Q3 2026 Earnings Call Transcript
• Positive Sentiment: Disney is expanding its live sports portfolio through a multi-year global streaming agreement with Formula E covering Disney+ and ESPN in 144 countries. The deal could support engagement and subscriber growth, although its financial contribution is not yet known. Formula E announces global streaming deal with Disney+ and ESPN
• Positive Sentiment: Walt Disney Studios became the second film studio to surpass $4 billion in worldwide box-office revenue in 2026, offering evidence of continued strength in Disney’s film franchises. Walt Disney Studios Becomes Second Studio to Cross $4B Worldwide in 2026
• Positive Sentiment: Disney is reportedly evaluating FAST channels, which could create a lower-cost, advertising-supported distribution channel and help monetize its large content library. However, the company trails Fox’s Tubi and Paramount’s Pluto TV in the category. Disney Isn't Late to the FAST Party
• Neutral Sentiment: Disney is advancing theme-park projects, hotel signage upgrades and earlier delivery of new cruise ships. These initiatives support long-term Experiences growth but could require significant capital investment. Disney Brings Forward Delivery of Newbuilds
• Neutral Sentiment: Recent publicity and marketing leadership appointments, along with D23 programming announcements, are operationally relevant but unlikely to materially affect near-term earnings. Melissa Stone Named SVP of Publicity
• Negative Sentiment: An FCC in-house judge’s retirement is transferring a Disney-related probe to FCC Chair Brendan Carr, extending regulatory uncertainty. The development does not establish wrongdoing, but could weigh on sentiment until the investigation’s direction becomes clearer. FCC In-House Judge Retired, Punting Disney Probe to Carr

About Representative Kelly

Mike Kelly (Republican Party) is a member of the U.S. House, representing Pennsylvania's 16th Congressional District. He assumed office on January 3, 2019. His current term ends on January 3, 2027. Kelly (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 16th Congressional District. He declared candidacy for the 2026 election.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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