American National Bank & Trust trimmed its position in shares of The Walt Disney Company (NYSE:DIS – Free Report) by 8.8% during the third quarter, HoldingsChannel.com reports. The firm owned 58,347 shares of the entertainment giant’s stock after selling 5,633 shares during the period. American National Bank & Trust’s holdings in Walt Disney were worth $6,121,000 at the end of the most recent quarter.
A number of other hedge funds also recently modified their holdings of the business. State Street Corp lifted its holdings in Walt Disney by 2.3% during the 4th quarter. State Street Corp now owns 83,873,646 shares of the entertainment giant’s stock worth $9,604,567,000 after buying an additional 1,853,897 shares during the period. J. Stern & Co. LLP lifted its holdings in 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 buying an additional 37,719,041 shares during the period. Invesco Ltd. grew its holdings in Walt Disney by 16.2% during the 4th quarter. Invesco Ltd. now owns 15,106,105 shares of the entertainment giant’s stock worth $1,718,622,000 after acquiring an additional 2,111,189 shares during the period. Arrowstreet Capital Limited Partnership raised its position in shares of Walt Disney by 37.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 12,569,185 shares of the entertainment giant’s stock worth $1,429,996,000 after acquiring an additional 3,450,198 shares in the last quarter. Finally, Bank of New York Mellon Corp bought a new position in shares of Walt Disney in the 2nd quarter worth about $1,386,720,000. Institutional investors and hedge funds own 65.71% of the company’s stock.
Walt Disney Stock Performance
Walt Disney stock traded up $0.19 during trading on Wednesday, hitting $104.22. The stock had a trading volume of 2,863,152 shares, compared to its average volume of 10,169,447. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.32. The stock’s 50 day moving average is $104.76 and its two-hundred day moving average is $101.85. The Walt Disney Company has a 1 year low of $92.18 and a 1 year high of $117.09. The stock has a market cap of $179.96 billion, a price-to-earnings ratio of 21.50, a price-to-earnings-growth ratio of 1.20 and a beta of 1.41.
Trending Headlines about Walt Disney
Here are the key news stories impacting Walt Disney this week:
- Positive Sentiment: Disney+ gains major sports exposure: Disney said the upcoming Super Bowl will stream on Disney+, along with two Monday Night Football games ahead of the championship. The move could increase subscriber engagement, advertising inventory and the strategic value of Disney’s streaming platform. Disney+ to stream upcoming Super Bowl
- Positive Sentiment: Theme parks continue to support profitability: Analysts and investors are highlighting Disney’s Experiences segment—particularly its parks, resorts and intellectual property—as the company’s most lucrative business. Disney World’s higher ticket, annual-pass and Lightning Lane prices could lift revenue per visitor and margins if attendance remains resilient. Disney’s most lucrative business segment
- Positive Sentiment: Relative positioning improved after the Paramount-Warner merger: Commentary argues that the combined company’s expected debt burden and aggressive cost-cutting make Disney and Netflix comparatively more attractive media investments. Paramount-Warner merger and Disney
- Neutral Sentiment: Analyst support remains constructive: Raymond James trimmed its price target to $119 from $120 but retained an Outperform rating, suggesting continued confidence despite modestly reduced expectations. Raymond James adjusts Disney price target
- Negative Sentiment: FCC litigation creates regulatory risk: Disney is taking its dispute with the Federal Communications Commission over ABC’s license review to court. The case could prolong uncertainty around ABC and increase legal and political pressure on management. Battle between Disney and the FCC
- Negative Sentiment: Television restructuring remains a concern: Planned changes to Disney’s television division, potentially affecting hundreds of jobs, underscore continued weakness and disruption in traditional media. Investors may remain focused on whether streaming growth can offset declining legacy-TV economics. Disney television restructuring
Wall Street Analyst Weigh In
DIS has been the subject of several recent analyst reports. Wells Fargo & Company raised their price objective on shares of Walt Disney from $125.00 to $132.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. Wolfe Research set a $131.00 price target on Walt Disney in a report on Tuesday, June 30th. Wall Street Zen raised shares of Walt Disney from a “hold” rating to a “buy” rating in a research report on Saturday, September 19th. Needham & Company LLC reiterated a “buy” rating and set a $125.00 price objective on shares of Walt Disney in a report on Friday, June 12th. Finally, Guggenheim reissued a “buy” rating and set a $120.00 price objective on shares of Walt Disney in a report on Monday, September 28th. One investment 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 issued a Sell rating to the company’s stock. According to MarketBeat, Walt Disney currently has a consensus rating of “Moderate Buy” and an average price target of $128.06.
Check Out Our Latest Stock Report on Walt Disney
Insider Transactions at Walt Disney
In related news, EVP Paul M. Roeder sold 3,596 shares of the firm’s 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 sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Brent Woodford sold 3,618 shares of the stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $107.13, for a total value of $387,596.34. Following the completion of the transaction, the executive vice president directly owned 62,328 shares in the company, valued at approximately $6,677,198.64. This represents a 5.49% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 14,452 shares of company stock worth $1,532,157. Insiders own 0.17% of the company’s stock.
Walt Disney Company Profile
The Walt Disney Company (NYSE:DIS) is a global entertainment company that develops, produces and distributes branded content across film, television, streaming and other media platforms. Its portfolio includes Disney, Pixar, Marvel, Star Wars, National Geographic and 20th Century Studios, as well as ABC, Hulu, Disney+ and ESPN. The company also licenses its characters and intellectual property for consumer products, games and other experiences.
Disney operates theme parks, resorts and cruise lines through its Experiences business.
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