State of Alaska Department of Revenue Sells 8,920 Shares of The Walt Disney Company $DIS

State of Alaska Department of Revenue lessened its holdings in shares of The Walt Disney Company (NYSE:DIS) by 4.4% in the third quarter, Holdings Channel.com reports. The fund owned 192,738 shares of the entertainment giant’s stock after selling 8,920 shares during the quarter. State of Alaska Department of Revenue’s holdings in Walt Disney were worth $22,068,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Kondo Wealth Advisors Inc. raised its stake in Walt Disney by 1.2% during the 2nd quarter. Kondo Wealth Advisors Inc. now owns 7,317 shares of the entertainment giant’s stock worth $904,000 after buying an additional 84 shares during the period. Cornerstone Advisory LLC lifted its position in Walt Disney by 1.5% during the 2nd quarter. Cornerstone Advisory LLC now owns 5,890 shares of the entertainment giant’s stock worth $730,000 after buying an additional 86 shares in the last quarter. Physician Wealth Advisors Inc. grew its holdings in shares of Walt Disney by 3.5% in the 2nd quarter. Physician Wealth Advisors Inc. now owns 2,606 shares of the entertainment giant’s stock valued at $323,000 after acquiring an additional 87 shares in the last quarter. Childress Capital Advisors LLC increased its position in shares of Walt Disney by 3.3% in the second quarter. Childress Capital Advisors LLC now owns 2,749 shares of the entertainment giant’s stock valued at $341,000 after acquiring an additional 87 shares during the last quarter. Finally, Apollon Financial LLC increased its position in shares of Walt Disney by 1.5% in the second quarter. Apollon Financial LLC now owns 6,086 shares of the entertainment giant’s stock valued at $755,000 after acquiring an additional 87 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on DIS shares. Cowen restated a “hold” rating on shares of Walt Disney in a research note on Friday, November 14th. Wells Fargo & Company decreased their target price on shares of Walt Disney from $159.00 to $152.00 and set an “overweight” rating for the company in a research note on Friday, November 14th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Walt Disney in a research report on Wednesday, November 12th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Walt Disney in a report on Monday, December 29th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $141.00 price objective on shares of Walt Disney in a report on Friday, October 17th. Eighteen analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $135.20.

Walt Disney Stock Up 1.1%

Shares of DIS opened at $114.18 on Friday. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.31. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $124.69. The firm’s 50 day moving average is $109.78 and its 200-day moving average is $114.25. The stock has a market capitalization of $203.84 billion, a PE ratio of 16.64, a P/E/G ratio of 1.57 and a beta of 1.44.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Thursday, November 13th. The entertainment giant reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.08. Walt Disney had a return on equity of 9.37% and a net margin of 13.14%.The business had revenue of $22.46 billion during the quarter, compared to analysts’ expectations of $22.78 billion. During the same period in the previous year, the company posted $1.14 earnings per share. The firm’s revenue for the quarter was down .5% compared to the same quarter last year. Equities research analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.

Walt Disney Dividend Announcement

The firm also recently announced a dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Tuesday, June 30th will be given a $0.75 dividend. This represents a yield of 139.0%. The ex-dividend date is Tuesday, June 30th. Walt Disney’s payout ratio is currently 21.87%.

Walt Disney News Summary

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

• Positive Sentiment: Bob Iger met with a top Chinese official in Beijing as Disney seeks to shore up relations and expand its footprint in China — a key market for parks, consumer products and content distribution that could support international revenue growth. Disney CEO meets top Chinese official
• Positive Sentiment: Disney announced it will add short-form video to Disney+ in the U.S. this year to boost daily engagement and compete with TikTok/Reels — a product move that could lift retention, ad inventory and ARPU over time. Disney+ is launching short-form videos this year
• Positive Sentiment: Walt Disney World is offering new Florida‑resident ticket discounts — a tactical pricing move that can boost local attendance and park cash flow in the near term as consumer demand remains a focus for parks profitability. Walt Disney World offers Florida resident discounts
• Positive Sentiment: Jimmy Zasowski was promoted to president of platform distribution for Disney Entertainment and ESPN — a leadership change that could sharpen distribution strategy and monetization across platforms. Jimmy Zasowski promoted
• Neutral Sentiment: Market coverage and social interest: recent pieces note DIS as a trending stock and report the shares have outperformed the broader market in the latest sessions — increased attention can amplify moves but doesn’t change fundamentals. Walt Disney (DIS) Outperforms Broader Market
• Neutral Sentiment: Content and parks pipeline updates (live-action casting for Tangled, new rides and event weekends) support long‑term content refresh and parks demand but are incremental and timing-dependent for revenue impact. Tangled casting confirmed
• Negative Sentiment: Earnings outlook: analysts expect Disney’s Q1 2025 profits to decline in the low double digits, signaling near-term margin pressure or softer content/park revenue trends that could weigh on the share multiple ahead of the report. What to Expect From Walt Disney’s Q1 2025 Earnings Report
• Negative Sentiment: Reputational and legal risk: a reported choking death at a Disney restaurant has resulted in a lawsuit that could generate negative headlines and potential liabilities. Lawsuit after choking death at Disney restaurant

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.