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

Posted by Andrew Walz on Sep 3rd, 2026

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 Stock Performance

Shares of DIS opened at $108.08 on Thursday. The Walt Disney Company has a 1 year low of $92.18 and a 1 year high of $119.78. The stock has a market capitalization of $186.62 billion, a PE ratio of 22.28, a PEG ratio of 1.33 and a beta of 1.41. 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 50-day simple moving average of $100.93 and a 200-day simple moving average of $101.55.

Walt Disney (NYSE:DIS – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The entertainment giant reported $2.06 EPS for the quarter, topping the consensus estimate of $1.86 by $0.20. The firm had revenue of $25.25 billion for the quarter, compared to analyst estimates 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 last year, the business earned $1.61 EPS. Walt Disney has set its FY 2026 guidance at 6.642-6.642 EPS. On average, analysts predict that The Walt Disney Company will post 6.93 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on DIS shares. Needham & Company LLC restated a “buy” rating and set a $125.00 price target on shares of Walt Disney in a research note on Friday, June 12th. Phillip Securities upgraded shares of Walt Disney from a “moderate buy” rating to a “strong-buy” rating in a research report on Monday, May 11th. Benchmark reaffirmed a “buy” rating on shares of Walt Disney in a report on Monday. Rosenblatt Securities reissued a “buy” rating and set a $126.00 target price on shares of Walt Disney in a research note on Thursday, August 6th. Finally, Weiss Ratings cut Walt Disney from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 11th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Walt Disney has an average rating of “Moderate Buy” and a consensus target price of $127.61.

Read Our Latest Stock Report on Walt Disney

Key Headlines Impacting Walt Disney

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

Positive Sentiment: Broad-market gains supported DIS. Walt Disney was among the companies helping lead the Dow higher, indicating that investor buying was part of a wider risk-on market move rather than solely company-specific news. NVIDIA Corp., Walt Disney share gains lead Dow’s nearly 450-point climb
Positive Sentiment: Investors may be giving more credit to Disney’s Hulu Live TV strategy. Market coverage pointed to Disney’s Hulu Live TV deal as a possible reason for strength across the streaming sector. The arrangement could improve Disney’s position in live television and support streaming growth, although the financial impact is still developing. FuboTV Rallies 7%, Disney Ticks Up: Is the Hulu Live TV Deal Finally Getting Credit?
Positive Sentiment: Analyst expectations remain favorable. The reported $127.61 consensus price target is well above recent trading levels, reinforcing the view that Disney’s earnings recovery, streaming prospects and cost controls could support further appreciation. The Walt Disney Company Receives $127.61 Consensus Target Price from Analysts
Neutral Sentiment: Theme-park disruptions are unlikely to materially move the stock. Slinky Dog Dash and other Walt Disney World attractions were reportedly closed, while a separate incident at Disney’s Animal Kingdom involved first responders. These developments may affect guest experience and near-term park operations but do not currently indicate a company-wide financial impact. Walt Disney World Unexpectedly Shuts Down Slinky Dog Dash
Negative Sentiment: Disney faces another European patent injunction. InterDigital said a Unified Patent Court ruling covering Germany and the Netherlands found Disney infringed technology related to seamless video viewing. A third injunction increases potential licensing costs, legal exposure and possible product or service restrictions, though the immediate earnings effect is unclear. InterDigital wins third injunction against Disney from Unified Patent Court

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in DIS. California State Teachers Retirement System increased its holdings in Walt Disney by 9,500.4% during the 2nd quarter. California State Teachers Retirement System now owns 261,941,488 shares of the entertainment giant’s stock valued at $25,211,868,000 after acquiring an additional 259,213,056 shares in the last quarter. J. Stern & Co. LLP lifted its holdings 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 in the last quarter. Norges Bank acquired a new stake in shares of Walt Disney in the fourth quarter valued at approximately $2,388,278,000. Bank of New York Mellon Corp purchased a new position in shares of Walt Disney during the 2nd quarter worth approximately $1,386,720,000. Finally, Viking Global Investors LP purchased a new position in shares of Walt Disney during the 2nd quarter worth approximately $725,219,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Walt Disney news, EVP Paul M. Roeder sold 3,596 shares of Walt Disney stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $106.32, for a total value of $382,326.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Brent Woodford sold 7,238 shares of Walt Disney stock in a transaction on 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 sale, the executive vice president directly owned 62,323 shares of the company’s stock, valued at approximately $6,563,235.13. This represents a 10.41% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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

(Get Free Report)

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.