The Walt Disney Company $DIS Shares Sold by First Manhattan CO. LLC.

First Manhattan CO. LLC. trimmed its position in The Walt Disney Company (NYSE:DIS) by 4.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 210,175 shares of the entertainment giant’s stock after selling 10,935 shares during the period. First Manhattan CO. LLC.’s holdings in Walt Disney were worth $24,069,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Franklin Resources Inc. grew its position in Walt Disney by 29.2% during the 4th quarter. Franklin Resources Inc. now owns 8,522,860 shares of the entertainment giant’s stock worth $969,646,000 after purchasing an additional 1,924,200 shares during the period. Aviva PLC grew its position in Walt Disney by 5.5% during the 4th quarter. Aviva PLC now owns 1,516,177 shares of the entertainment giant’s stock worth $172,495,000 after purchasing an additional 78,914 shares during the period. World Investment Advisors grew its position in Walt Disney by 18.8% during the 4th quarter. World Investment Advisors now owns 96,476 shares of the entertainment giant’s stock worth $10,976,000 after purchasing an additional 15,243 shares during the period. Park Avenue Securities LLC grew its position in Walt Disney by 23.1% during the 4th quarter. Park Avenue Securities LLC now owns 61,677 shares of the entertainment giant’s stock worth $7,016,000 after purchasing an additional 11,570 shares during the period. Finally, Lockheed Martin Investment Management Co. grew its position in Walt Disney by 54.8% during the 4th quarter. Lockheed Martin Investment Management Co. now owns 41,800 shares of the entertainment giant’s stock worth $4,756,000 after purchasing an additional 14,800 shares during the period. 65.71% of the stock is owned by institutional investors and hedge funds.

Walt Disney Trading Down 0.4%

DIS stock opened at $100.91 on Thursday. The company’s 50-day simple moving average is $102.57 and its 200-day simple moving average is $105.20. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.33. The Walt Disney Company has a 52-week low of $92.18 and a 52-week high of $124.69. The firm has a market cap of $175.23 billion, a P/E ratio of 16.12, a PEG ratio of 1.32 and a beta of 1.39.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Wednesday, May 6th. The entertainment giant reported $1.57 earnings per share for the quarter, beating analysts’ consensus estimates of $1.49 by $0.08. Walt Disney had a net margin of 11.54% and a return on equity of 8.92%. 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 posted $1.45 EPS. Walt Disney’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. As a group, equities analysts forecast that The Walt Disney Company will post 6.85 EPS for the current fiscal year.

Key Headlines Impacting Walt Disney

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

• Positive Sentiment: Disney is expanding its advertising opportunity with plans to launch AI-generated TV ads in July, aimed at small and medium-sized businesses, which could help improve ad revenue and make its platform more attractive to marketers. Get ready for Disney’s big AI ads push
• Positive Sentiment: Disney also highlighted AI use in theme park design through partnerships involving Adobe Firefly, suggesting potential efficiency gains and faster development for parks and attractions. Disney’s Imagineering Arm Using Adobe’s Firefly AI Models for Park Designs
• Positive Sentiment: Disney released the first teaser for its animated film Hexed, giving investors another sign of a stronger studio slate ahead of the holiday season. Disney Releases First Teaser Trailer For ‘Hexed,’ A Magical Animated Film Arriving This Thanksgiving
• Positive Sentiment: Several reports pointed to optimism around Disney’s film slate and parks business, with commentary suggesting the stock may be undervalued if upcoming releases and park demand deliver as expected. Walt Disney (DIS) Stock Could Be 23% Undervalued On Film Slate And Parks Optimism
• Neutral Sentiment: Disney World announced new ticket and transportation changes, including a two-day ticket option and restrictions on some resort bus access from Disney Springs. These are operational updates, but their near-term stock impact is likely limited. Disney World launches 2-park ticket offer for summer and fall
• Negative Sentiment: Disney faces a pan-European patent injunction over video encoding technology, which could create legal and operational complications for its streaming and distribution businesses across 11 EU countries. InterDigital awarded injunction against Disney by Unified Patent Court
• Negative Sentiment: Additional commentary noted Disney has lagged the broader market over the past six months, reinforcing concerns about recent share performance and investor sentiment. 3 Reasons to Sell DIS and 1 Stock to Buy Instead

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on DIS shares. Citigroup increased their target price on shares of 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 reissued a “buy” rating and set a $125.00 target price on shares of Walt Disney in a research note on Friday, June 12th. Raymond James Financial raised shares of Walt Disney from a “market perform” rating to an “outperform” rating and set a $115.00 target price on the stock in a research note on Wednesday, April 1st. Barclays increased their target price on shares of Walt Disney from $130.00 to $135.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Finally, Phillip Securities raised shares of Walt Disney from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, May 11th. 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 company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $133.71.

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.