Perkins Coie Trust Co reduced its position in The Walt Disney Company (NYSE:DIS – Free Report) by 17.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,855 shares of the entertainment giant’s stock after selling 4,948 shares during the quarter. Perkins Coie Trust Co’s holdings in Walt Disney were worth $2,200,000 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. Fulton Bank N.A. increased its stake in shares of Walt Disney by 3.6% in the second quarter. Fulton Bank N.A. now owns 48,769 shares of the entertainment giant’s stock worth $4,694,000 after purchasing an additional 1,680 shares in the last quarter. Harrell Investment Partners LLC lifted its stake in shares of Walt Disney by 2.1% during the 2nd quarter. Harrell Investment Partners LLC now owns 14,694 shares of the entertainment giant’s stock valued at $1,414,000 after buying an additional 299 shares in the last quarter. Revolve Wealth Partners LLC boosted its holdings in Walt Disney by 7.3% in the 2nd quarter. Revolve Wealth Partners LLC now owns 4,831 shares of the entertainment giant’s stock worth $465,000 after buying an additional 327 shares during the period. Vista Investment Partners LLC boosted its holdings in Walt Disney by 81.5% in the 2nd quarter. Vista Investment Partners LLC now owns 13,552 shares of the entertainment giant’s stock worth $1,304,000 after buying an additional 6,084 shares during the period. Finally, Franklin Street Advisors Inc. NC grew its stake in Walt Disney by 48.4% in the 2nd quarter. Franklin Street Advisors Inc. NC now owns 252,218 shares of the entertainment giant’s stock valued at $24,276,000 after buying an additional 82,270 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on the stock. Truist Financial set a $115.00 target price on shares of Walt Disney in a report on Monday, August 3rd. Wolfe Research set a $131.00 price target on Walt Disney in a research report on Tuesday, June 30th. Guggenheim reiterated a “buy” rating and set a $120.00 price objective on shares of Walt Disney in a research note on Thursday, August 6th. UBS Group decreased their price objective on Walt Disney from $138.00 to $133.00 and set a “buy” rating on the stock in a research note on Monday, July 20th. Finally, Argus reissued a “buy” rating and set a $134.00 price objective on shares of Walt Disney in a report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $128.61.
Walt Disney Price Performance
NYSE:DIS opened at $103.31 on Tuesday. The Walt Disney Company has a 52-week low of $92.18 and a 52-week high of $119.78. The stock has a fifty day moving average of $98.94 and a 200 day moving average of $101.80. 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 firm has a market capitalization of $178.38 billion, a price-to-earnings ratio of 21.30, a P/E/G ratio of 1.23 and a beta of 1.39.
Walt Disney (NYSE:DIS – Get Free Report) last announced its earnings results on Wednesday, August 5th. The entertainment giant reported $2.06 earnings per share for the quarter, topping analysts’ consensus estimates 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 earned $1.61 EPS. The company’s quarterly 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, research analysts expect that The Walt Disney Company will post 6.91 EPS for the current fiscal year.
Key Headlines Impacting Walt Disney
Here are the key news stories impacting Walt Disney this week:
- Positive Sentiment: Streaming bundle performance is improving. Warner Bros. Discovery executives said the Disney Bundle is reducing churn and supporting subscriber growth, providing outside validation of Disney’s bundling strategy and potentially improving streaming economics. Warner Bros. Discovery Says Disney Bundle Is Delivering
- Positive Sentiment: Parks and streaming remain key growth drivers. Disney reportedly exceeded expectations on operating performance, supported by gains in its parks and streaming businesses. Analysts remain constructive, although they cited some regional softness and cost pressures. Disney Beats on Parks and Streaming Growth in Q3
- Positive Sentiment: Analyst sentiment is supportive. Needham maintained an optimistic view of DIS amid rising competition, while other coverage cited a reiterated buy rating and a higher $115 price target. Needham Remains Optimistic on Disney
- Positive Sentiment: Disney is expanding content and engagement opportunities. A new iHeartMedia video-podcast agreement for Disney+ and Hulu, including “Hey Jonas!” and other titles, could broaden viewing hours and strengthen the platforms’ entertainment ecosystems. Disney Hulu and iHeartMedia Announce Video Podcast Deal
- Neutral Sentiment: Disney+ is testing AI-powered discovery tools and planning a broader fan ecosystem spanning games, merchandise, interactive experiences, and partnerships. These initiatives may support engagement and retention, but their financial impact remains unproven. Disney Plus AI Search and Discovery Beta
- Neutral Sentiment: Upcoming Experiences announcements and potential Florida theme-park expansion reinforce Disney’s long-term capital-investment pipeline, but they are unlikely to materially affect near-term results. Disney Experiences Showcase at D23
- Negative Sentiment: Near-term concerns include Asian-market softness, rising costs, and litigation. A lawsuit accusing Epcot restaurant operators of wage theft could create reputational and legal overhang, although it does not currently indicate a companywide financial impact. Epcot Restaurant Operators Accused of Wage Theft
Walt Disney 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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