California Public Employees Retirement System Sells 208,848 Shares of The Walt Disney Company $DIS

California Public Employees Retirement System reduced its stake in shares of The Walt Disney Company (NYSE:DIS) by 6.2% in the 1st quarter, HoldingsChannel.com reports. The fund owned 3,147,240 shares of the entertainment giant’s stock after selling 208,848 shares during the quarter. California Public Employees Retirement System’s holdings in Walt Disney were worth $303,331,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DIS. Swiss RE Ltd. bought a new stake in shares of Walt Disney in the 4th quarter worth about $25,000. Curio Wealth LLC increased its position in shares of Walt Disney by 110.4% during the 4th quarter. Curio Wealth LLC now owns 223 shares of the entertainment giant’s stock worth $26,000 after purchasing an additional 117 shares in the last quarter. Osbon Capital Management LLC bought a new position in Walt Disney during the 4th quarter valued at about $26,000. Sfam LLC bought a new position in Walt Disney during the 4th quarter valued at about $26,000. Finally, Greenline Wealth Management LLC acquired a new position in Walt Disney in the fourth quarter valued at about $26,000. 65.71% of the stock is owned by institutional investors.

Walt Disney News Roundup

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

• Positive Sentiment: Disney is expanding its parks and experiences business, with multiple reports highlighting new and reimagined attractions at Hollywood Studios and an official opening date for the newest Disney World attraction, which could support long-term theme park revenue. Disney World’s newest attraction has an official opening date
• Positive Sentiment: Disney continues to lean into sports fandom through a new NFL partnership, reinforcing the value of its sports/ESPN strategy and helping offset concerns about streaming competition. Disney Continues To Bet On Sports Fandom With New NFL Partnership
• Positive Sentiment: Recent reporting says Disney’s cruise business generated $3 billion last fiscal year and the company plans a major fleet expansion, pointing to another growth engine beyond streaming. Disney’s cruise ship fleet generated $3 billion…
• Neutral Sentiment: News that Disney is considering a free streaming option may be seen as a way to attract viewers, but it also suggests management is still searching for the right monetization model for streaming. Disney considers launching free streaming option for consumers
• Negative Sentiment: Investor debate over whether Disney should exit the streaming business highlights ongoing concerns about profitability and growth in Disney’s direct-to-consumer segment. SA Asks: Should Disney get out of the streaming business?
• Negative Sentiment: Regulatory scrutiny is a headwind after reports that the FCC is moving closer to rulings against Disney over “The View” and broadcast licenses, adding legal and reputational uncertainty. FCC Nearing Rulings Against Disney Over ‘The View,’ TV Licenses

Walt Disney Trading Down 1.9%

DIS opened at $97.77 on Friday. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.33. The stock has a market capitalization of $169.78 billion, a PE ratio of 15.62, a PEG ratio of 1.25 and a beta of 1.39. The Walt Disney Company has a 1-year low of $92.18 and a 1-year high of $123.40. The firm has a 50-day moving average price of $100.66 and a two-hundred day moving average price of $103.55.

Walt Disney (NYSE:DIS) last announced its earnings results on Wednesday, May 6th. The entertainment giant reported $1.57 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.08. Walt Disney had a net margin of 11.54% and a return on equity of 8.92%. The company had revenue of $25.17 billion during the quarter, compared to the consensus estimate of $24.87 billion. During the same period in the previous year, the firm posted $1.45 earnings per share. The company’s 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. As a group, equities analysts anticipate that The Walt Disney Company will post 6.86 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on DIS. Rosenblatt Securities reaffirmed a “buy” rating and set a $126.00 price objective on shares of Walt Disney in a report on Tuesday, July 7th. Barclays cut their target price on shares of Walt Disney from $135.00 to $110.00 and set an “overweight” rating for the company in a research note on Tuesday. Wolfe Research set a $131.00 price target on Walt Disney in a research report on Tuesday, June 30th. Weiss Ratings cut Walt Disney from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 11th. Finally, Phillip Securities raised Walt Disney from a “moderate buy” rating to a “strong-buy” rating in a report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $129.31.

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.