Rep. Kevin Hern Unloads The Walt Disney Company (NYSE:DIS) Stock

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of The Walt Disney Company (NYSE:DIS). In a filing disclosed on September 01st, the Representative disclosed that they had sold between $15,001 and $50,000 in Walt Disney stock on August 10th. The trade occurred in the Representative’s “HERN FAMILY REVOCABLE TRUST” account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 8/24/2026.
• Sold $15,001 – $50,000 in shares of Medtronic (NYSE:MDT) on 8/24/2026.
• Sold $50,001 – $100,000 in shares of Home Depot (NYSE:HD) on 8/24/2026.
• Sold $50,001 – $100,000 in shares of Procter & Gamble (NYSE:PG) on 8/24/2026.
• Sold $1,001 – $15,000 in shares of Lowe’s Companies (NYSE:LOW) on 8/24/2026.
• Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 8/21/2026.
• Sold $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 8/21/2026.
• Sold $15,001 – $50,000 in shares of Honeywell Aerospace (NASDAQ:HONA) on 8/19/2026.
• Sold $1,001 – $15,000 in shares of Colgate-Palmolive (NYSE:CL) on 8/19/2026.
• Sold $1,001 – $15,000 in shares of Biogen (NASDAQ:BIIB) on 8/18/2026.

Walt Disney Trading Down 1.0%

Shares of DIS opened at $106.92 on Friday. The Walt Disney Company has a twelve month low of $92.18 and a twelve month high of $119.78. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $184.62 billion, a P/E ratio of 22.05, a PEG ratio of 1.35 and a beta of 1.41. The firm’s 50-day moving average is $101.10 and its two-hundred day moving average is $101.56.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Wednesday, August 5th. The entertainment giant reported $2.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.86 by $0.20. The company had revenue of $25.25 billion during the quarter, compared to the consensus estimate of $25.39 billion. Walt Disney had a net margin of 8.70% and a return on equity of 9.90%. The company’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period last year, the firm earned $1.61 EPS. Walt Disney has set its FY 2026 guidance at 6.642-6.642 EPS. On average, research analysts predict that The Walt Disney Company will post 6.93 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Walt Disney

Institutional investors and hedge funds have recently bought and sold shares of the stock. California State Teachers Retirement System raised its holdings in shares of Walt Disney by 9,500.4% in the second quarter. California State Teachers Retirement System now owns 261,941,488 shares of the entertainment giant’s stock worth $25,211,868,000 after acquiring an additional 259,213,056 shares during the last quarter. State Street Corp lifted its position 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 valued at $9,604,567,000 after acquiring an additional 1,853,897 shares in the last quarter. Geode Capital Management LLC boosted 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 acquiring an additional 1,361,888 shares during the last quarter. J. Stern & Co. LLP boosted its stake in shares of Walt Disney by 9,060.1% during 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 acquiring an additional 37,719,041 shares during the last quarter. Finally, Norges Bank purchased a new stake in Walt Disney during the 4th quarter worth about $2,388,278,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Key Walt Disney News

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

• Positive Sentiment: Analysts cited a consensus price target of $127.61, well above Disney’s recent trading level, suggesting potential upside if the company delivers on its earnings and streaming objectives. Disney receives $127.61 consensus target price
• Positive Sentiment: Disney shares participated in a broad market rally and were among the companies helping lift the Dow, reflecting continued momentum and favorable market sentiment toward large-cap media and technology names. Disney shares lead Dow gains
• Positive Sentiment: A report suggested investors may be increasingly crediting Disney’s Hulu Live TV arrangement, which could support the company’s broader streaming strategy and improve sentiment around its direct-to-consumer business. Hulu Live TV deal and streaming sentiment

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on DIS. Benchmark reaffirmed a “buy” rating on shares of Walt Disney in a report on Monday. Wells Fargo & Company upped their target price on Walt Disney from $125.00 to $132.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. Wolfe Research set a $131.00 price target on Walt Disney in a research report on Tuesday, June 30th. Citigroup cut their price target on Walt Disney from $145.00 to $135.00 and set a “buy” rating for the company in a research note on Wednesday, July 29th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $125.00 price objective on shares of Walt Disney in a research report on Friday, June 12th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Walt Disney has a consensus rating of “Moderate Buy” and a consensus target price of $127.61.

Insider Activity

In related news, EVP Brent Woodford sold 7,238 shares of the business’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $105.31, for a total value of $762,233.78. Following the completion of the transaction, the executive vice president owned 62,323 shares of the company’s stock, valued at approximately $6,563,235.13. The trade was a 10.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Roeder sold 3,596 shares of the company’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $106.32, for a total transaction of $382,326.72. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 14,452 shares of company stock valued at $1,532,157 in the last three months. 0.17% of the stock is currently owned by corporate insiders.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

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.