Old North State Trust LLC Buys Shares of 4,729 The Walt Disney Company $DIS

Old North State Trust LLC purchased a new position in shares of The Walt Disney Company (NYSE:DIS) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,729 shares of the entertainment giant’s stock, valued at approximately $455,000.

Other large investors have also made changes to their positions in the company. J. Stern & Co. LLP lifted its holdings in 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 worth $4,338,660,000 after acquiring an additional 37,719,041 shares in the last quarter. Norges Bank acquired a new stake in shares of Walt Disney during the fourth quarter worth about $2,388,278,000. Bank of New York Mellon Corp acquired a new stake in shares of Walt Disney during the second quarter worth about $1,386,720,000. Viking Global Investors LP bought a new position in shares of Walt Disney during the 2nd quarter valued at about $725,219,000. Finally, Price T Rowe Associates Inc. MD grew its position in shares of Walt Disney by 62.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 13,876,878 shares of the entertainment giant’s stock valued at $1,578,773,000 after purchasing an additional 5,334,866 shares during the period. Institutional investors own 65.71% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on DIS. Wells Fargo & Company raised their target price on shares of Walt Disney from $125.00 to $132.00 and gave the stock an “overweight” rating in a report on Thursday, August 6th. Needham & Company LLC reiterated a “buy” rating and issued a $125.00 price target on shares of Walt Disney in a report on Friday, June 12th. Wolfe Research set a $131.00 price objective on shares of Walt Disney in a research report on Tuesday, June 30th. JPMorgan Chase & Co. boosted their price objective on shares of Walt Disney from $139.00 to $140.00 and gave the company an “overweight” rating in a research report on Tuesday, June 30th. Finally, UBS Group set a $115.00 target price on shares of Walt Disney in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $127.61.

Key Walt Disney News

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

• Positive Sentiment: Disney’s Experiences segment generated approximately $3 billion in quarterly operating profit, with theme parks and cruise lines offsetting mixed performance elsewhere. The results support the view that parks, resorts, and cruises are key earnings drivers. Disney’s Experiences Generated $3 Billion in One Quarter
• Positive Sentiment: Disney announced a new Lakeshore Lodge near the Magic Kingdom, scheduled to open in July 2027. The resort’s room offerings and early cash-booking program for Disney Vacation Club members could expand high-margin lodging revenue and strengthen the company’s vacation ecosystem. Disney’s Lakeshore Lodge Reveals Rooms
• Positive Sentiment: Disney Cruise Line announced fall 2027 and spring 2028 sailings, including a new Disney Adventure port of call, providing additional evidence of continued investment in its growing cruise business. Disney Cruise Line Sailings Announced
• Positive Sentiment: Disney and the NFL are launching a merchandise collaboration, creating another licensing and consumer-products opportunity. Disney and NFL Partner for Apparel Collaboration
• Neutral Sentiment: CFO Hugh Johnston will participate in Goldman Sachs’ Communacopia + Technology Conference on September 9. Investors may look for commentary on streaming, parks demand, margins, and financial targets, but no new guidance was provided. Disney to Participate in Goldman Sachs Conference
• Negative Sentiment: Reports concerning a former actress’s lawsuit against Disney and a prior confidential settlement involving another party add legal and reputational noise, although the reported settlement could limit potential exposure. Raquel Lee Settlement Report

Insider Activity

In related news, EVP Paul M. Roeder sold 3,596 shares of the stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $106.32, for a total transaction of $382,326.72. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Brent Woodford sold 7,238 shares of the firm’s stock in a transaction that occurred 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 transaction, the executive vice president owned 62,323 shares of the company’s stock, valued at approximately $6,563,235.13. This represents a 10.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.17% of the company’s stock.

Walt Disney Stock Performance

Shares of DIS opened at $106.80 on Friday. The Walt Disney Company has a 12 month low of $92.18 and a 12 month high of $119.78. The firm has a fifty day simple moving average of $100.55 and a 200 day simple moving average of $101.53. The stock has a market capitalization of $184.40 billion, a price-to-earnings ratio of 22.02, a PEG ratio of 1.29 and a beta of 1.39. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.32.

Walt Disney (NYSE:DIS) last issued 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. Walt Disney had a net margin of 8.70% and a return on equity of 9.90%. The firm had revenue of $25.25 billion for the quarter, compared to analysts’ expectations of $25.39 billion. During the same period in the previous year, the firm posted $1.61 EPS. The company’s revenue for the quarter was up 6.8% on a year-over-year basis. Walt Disney has set its FY 2026 guidance at 6.642-6.642 EPS. Research analysts forecast that The Walt Disney Company will post 6.9 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.