The Walt Disney Company $DIS Shares Newly Bought by Community Trust & Investment Co.

Community Trust & Investment Co. acquired a new stake in The Walt Disney Company (NYSE:DIS) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 6,000 shares of the entertainment giant’s stock, valued at approximately $629,000.

Several other large investors also recently added to or reduced their stakes in DIS. Advisors Management Group Inc. ADV grew its stake in Walt Disney by 4.6% in the first quarter. Advisors Management Group Inc. ADV now owns 2,266 shares of the entertainment giant’s stock worth $218,000 after purchasing an additional 100 shares in the last quarter. Providence Wealth Advisors LLC increased its holdings in Walt Disney by 1.1% during the 1st quarter. Providence Wealth Advisors LLC now owns 9,192 shares of the entertainment giant’s stock worth $888,000 after purchasing an additional 100 shares during the period. Guardian Partners Inc. raised its position in Walt Disney by 0.3% during the 1st quarter. Guardian Partners Inc. now owns 32,991 shares of the entertainment giant’s stock valued at $3,188,000 after purchasing an additional 101 shares in the last quarter. Chapin Davis Inc. raised its position in Walt Disney by 0.3% during the 2nd quarter. Chapin Davis Inc. now owns 32,101 shares of the entertainment giant’s stock valued at $3,090,000 after purchasing an additional 103 shares in the last quarter. Finally, Bannerman Wealth Management Group LLC raised its position in Walt Disney by 4.4% during the 2nd quarter. Bannerman Wealth Management Group LLC now owns 2,609 shares of the entertainment giant’s stock valued at $251,000 after purchasing an additional 109 shares in the last quarter. 65.71% of the stock is owned by hedge funds and other institutional investors.

More Walt Disney News

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

• Positive Sentiment: Disney agreed to acquire selected Character.AI assets for approximately $20 million through the startup’s bankruptcy process. The deal could give Disney additional artificial-intelligence technology and content capabilities at a relatively modest cost. Character.AI files for bankruptcy, will sell some assets to Disney for $20 million
• Positive Sentiment: Disney signed a major creator partnership with Dude Perfect, expanding its relationships with digital personalities and potentially strengthening audience reach across streaming, social media and consumer products. Disney Inks Major Creator Deal With Dude Perfect
• Positive Sentiment: Analysts highlighted Disney’s financial strength, park and cruise expansion, premium experiences, improving streaming retention and a strong live-events schedule as potential drivers of fiscal 2027 growth. Disney’s first Japan-based cruise ship, Disney Imagination, is planned for 2029, broadening its international experiences strategy. Disney: Cruise Expansion, Strong Live Event Schedule, And Retention Support Good FY 2027 Growth
• Positive Sentiment: Recent research coverage pointed to earnings growth, price momentum and a valuation that could support investor interest, while Erste Group reportedly raised its earnings estimates for Disney. Earnings Growth & Price Strength Make Walt Disney a Stock to Watch

Walt Disney Stock Performance

Shares of NYSE:DIS opened at $110.54 on Friday. The company has a market capitalization of $190.87 billion, a price-to-earnings ratio of 17.11, a price-to-earnings-growth ratio of 1.26 and a beta of 1.41. The Walt Disney Company has a 52 week low of $92.18 and a 52 week high of $117.09. 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 firm has a 50 day moving average of $106.03 and a 200 day moving average of $102.42.

Walt Disney (NYSE:DIS) last posted its earnings results on Wednesday, August 5th. The entertainment giant reported $2.06 earnings per share for the quarter, topping analysts’ consensus estimates of $1.86 by $0.20. The company had revenue of $25.25 billion during the quarter, compared to analyst estimates of $25.39 billion. Walt Disney had a return on equity of 9.90% and a net margin of 8.70%. Walt Disney’s revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.61 earnings per share. Walt Disney has set its FY 2026 guidance at 6.642-6.642 EPS. On average, sell-side analysts predict that The Walt Disney Company will post 6.92 earnings per share for the current fiscal year.

Insider Transactions at Walt Disney

In other news, EVP Brent Woodford sold 3,618 shares of Walt Disney stock in a transaction that occurred on Thursday, October 8th. The shares were sold at an average price of $105.31, for a total value of $381,011.58. Following the transaction, the executive vice president owned 62,995 shares of the company’s stock, valued at $6,634,003.45. The trade was a 5.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Roeder sold 3,596 shares of Walt Disney 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 18,070 shares of company stock worth $1,913,168 over the last 90 days. Company insiders own 0.17% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on DIS. Weiss Ratings upgraded Walt Disney from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, October 9th. Needham & Company LLC restated a “buy” rating and set a $125.00 price target on shares of Walt Disney in a research note on Friday, October 9th. JPMorgan Chase & Co. raised their price target on Walt Disney from $139.00 to $140.00 and gave the company an “overweight” rating in a research note on Tuesday, June 30th. Citigroup decreased their price objective on Walt Disney from $145.00 to $135.00 and set a “buy” rating for the company in a report on Wednesday, July 29th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $126.00 price objective on shares of Walt Disney in a research note on Thursday, August 6th. One 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 given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $128.06.

Walt Disney 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.