Confluence Investment Management LLC Trims Stock Position in The Walt Disney Company $DIS

Confluence Investment Management LLC reduced its position in shares of The Walt Disney Company (NYSE:DIS) by 8.2% in the second quarter, Holdings Channel reports. The firm owned 113,021 shares of the entertainment giant’s stock after selling 10,135 shares during the period. Confluence Investment Management LLC’s holdings in Walt Disney were worth $10,878,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. grew its stake in Walt Disney by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 159,342,154 shares of the entertainment giant’s stock worth $18,128,357,000 after buying an additional 1,220,207 shares in the last quarter. State Street Corp grew its stake in shares of Walt Disney by 2.3% during 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 buying an additional 1,853,897 shares during the last quarter. Geode Capital Management LLC grew its position in Walt Disney by 3.5% during the 4th quarter. Geode Capital Management LLC now owns 40,588,604 shares of the entertainment giant’s stock worth $4,597,804,000 after acquiring an additional 1,361,888 shares during the last quarter. J. Stern & Co. LLP grew 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 worth $4,338,660,000 after purchasing an additional 37,719,041 shares during the last quarter. Finally, Norges Bank bought a new stake in Walt Disney in the 4th quarter worth $2,388,278,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Trading Up 2.1%

NYSE:DIS opened at $98.23 on Tuesday. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.68 and a quick ratio of 0.62. The business has a fifty day moving average price of $99.00 and a 200-day moving average price of $102.13. The firm has a market capitalization of $170.57 billion, a price-to-earnings ratio of 15.69, a price-to-earnings-growth ratio of 1.21 and a beta of 1.39. The Walt Disney Company has a one year low of $92.18 and a one year high of $119.78.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Wednesday, May 6th. The entertainment giant reported $1.57 earnings per share for the quarter, beating analysts’ consensus estimates of $1.49 by $0.08. Walt Disney had a return on equity of 8.92% and a net margin of 11.54%.The firm had revenue of $25.17 billion for the quarter, compared to analysts’ expectations of $24.87 billion. During the same period in the previous year, the firm earned $1.45 EPS. The business’s quarterly revenue was up 6.5% on a year-over-year basis. Walt Disney has set its FY 2026 guidance at 6.640-6.640 EPS. Sell-side analysts forecast that The Walt Disney Company will post 6.83 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on DIS shares. Raymond James Financial cut their price objective on Walt Disney from $119.00 to $111.00 and set an “outperform” rating on the stock in a research report on Thursday, July 2nd. Guggenheim upped their price objective on shares of Walt Disney from $115.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. UBS Group reduced their price target on Walt Disney from $138.00 to $133.00 and set a “buy” rating for the company in a report on Monday, July 20th. Needham & Company LLC reissued a “buy” rating and set a $125.00 price target on shares of Walt Disney in a research report on Friday, June 12th. Finally, Benchmark reiterated a “buy” rating on shares of Walt Disney in a report on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Walt Disney presently has a consensus rating of “Moderate Buy” and an average target price of $127.59.

Walt Disney Company 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.