Janney Montgomery Scott LLC Sells 11,261 Shares of The Walt Disney Company $DIS

Janney Montgomery Scott LLC lessened its position in shares of The Walt Disney Company (NYSE:DIS) by 3.2% during the first quarter, Holdings Channel reports. The institutional investor owned 335,488 shares of the entertainment giant’s stock after selling 11,261 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Walt Disney were worth $32,334,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in Walt Disney by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 159,342,154 shares of the entertainment giant’s stock valued at $18,128,357,000 after purchasing an additional 1,220,207 shares during the last quarter. State Street Corp increased its stake in shares of Walt Disney by 2.3% in the fourth quarter. State Street Corp now owns 83,873,646 shares of the entertainment giant’s stock worth $9,604,567,000 after purchasing an additional 1,853,897 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Walt Disney by 3.5% in 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 purchasing an additional 1,361,888 shares during the period. J. Stern & Co. LLP raised 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 purchasing an additional 37,719,041 shares during the period. Finally, Norges Bank purchased a new stake in shares of Walt Disney during the 4th quarter valued at approximately $2,388,278,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on DIS shares. Citigroup raised 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. Wells Fargo & Company dropped their target price on Walt Disney from $148.00 to $146.00 and set an “overweight” rating on the stock in a research report on Thursday, May 7th. Barclays raised their price target on Walt Disney from $130.00 to $135.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Weiss Ratings cut Walt Disney from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, June 11th. Finally, Guggenheim boosted their price objective on Walt Disney from $115.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. One equities 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 given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $133.71.

Key Stories Impacting Walt Disney

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

• Positive Sentiment: Disney is expanding fan engagement ahead of its D23 event, with concerts, panels, and new activations planned for this summer, which could support interest in the brand and parks business. Article Title
• Positive Sentiment: Delta Airlines joined Disney World’s airport luggage transfer service, a small but consumer-friendly perk that may improve the guest experience and reinforce the value of Disney’s parks offering. Article Title
• Neutral Sentiment: Disney’s streaming division is back in the spotlight after the company agreed to a $50 million settlement tied to streaming services; the payout is manageable for a company Disney’s size, but it adds to ongoing scrutiny around the segment. Article Title
• Neutral Sentiment: Comcast’s decision to split NBCUniversal and Sky has renewed talk about competitive pressure in streaming and media, but the impact on Disney is indirect and mostly strategic rather than immediate. Article Title
• Negative Sentiment: Media coverage highlighting Disney’s $50 million streaming settlement could weigh on sentiment by reminding investors of regulatory and legal costs in the streaming business. Article Title

Walt Disney Price Performance

Shares of NYSE:DIS opened at $98.64 on Tuesday. The company has a 50 day moving average of $102.69 and a 200 day moving average of $104.95. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.33. The stock has a market cap of $171.30 billion, a P/E ratio of 15.76, a P/E/G ratio of 1.24 and a beta of 1.39. The Walt Disney Company has a 12 month low of $92.18 and a 12 month high of $124.69.

Walt Disney (NYSE:DIS) last posted its earnings results on Wednesday, May 6th. The entertainment giant reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.08. Walt Disney had a net margin of 11.54% and a return on equity of 8.92%. The business had revenue of $25.17 billion for the quarter, compared to analysts’ expectations of $24.87 billion. During the same period in the prior year, the company posted $1.45 EPS. The business’s revenue for the quarter 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, sell-side analysts forecast that The Walt Disney Company will post 6.85 EPS for the current fiscal year.

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.