Parr Mcknight Wealth Management Group LLC Buys New Position in The Walt Disney Company $DIS

Parr Mcknight Wealth Management Group LLC acquired a new stake in shares of The Walt Disney Company (NYSE:DISFree Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 7,422 shares of the entertainment giant’s stock, valued at approximately $844,000.

Several other large investors also recently made changes to their positions in the business. Vanguard Group Inc. boosted its position in shares of Walt Disney by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 159,342,154 shares of the entertainment giant’s stock valued at $18,128,357,000 after purchasing an additional 1,220,207 shares in the last quarter. State Street Corp boosted its holdings in Walt Disney by 3.0% during the third quarter. State Street Corp now owns 82,019,749 shares of the entertainment giant’s stock worth $9,391,261,000 after buying an additional 2,376,706 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Walt Disney by 3.5% during the fourth quarter. Geode Capital Management LLC now owns 40,588,604 shares of the entertainment giant’s stock worth $4,597,804,000 after buying an additional 1,361,888 shares in the last quarter. Norges Bank bought a new stake in Walt Disney during the fourth quarter worth approximately $2,388,278,000. Finally, Invesco Ltd. boosted its holdings in Walt Disney by 6.5% during the third quarter. Invesco Ltd. now owns 12,994,916 shares of the entertainment giant’s stock worth $1,487,918,000 after buying an additional 790,365 shares in the last quarter. Institutional investors own 65.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. TD Cowen restated a “hold” rating and set a $123.00 target price on shares of Walt Disney in a report on Tuesday, February 3rd. Guggenheim raised their price objective on Walt Disney from $115.00 to $120.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Phillip Securities raised Walt Disney from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, May 11th. Weiss Ratings upgraded Walt Disney from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday. Finally, Wells Fargo & Company decreased their price target on Walt Disney from $148.00 to $146.00 and set an “overweight” rating for the company in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Walt Disney currently has a consensus rating of “Moderate Buy” and a consensus target price of $134.47.

Check Out Our Latest Research Report on Walt Disney

Trending Headlines about Walt Disney

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

Walt Disney Trading Up 0.2%

Walt Disney stock opened at $101.99 on Monday. The company has a 50 day moving average price of $101.53 and a 200 day moving average price of $105.74. The Walt Disney Company has a 52 week low of $92.18 and a 52 week high of $124.69. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.62 and a current ratio of 0.68. The firm has a market capitalization of $177.10 billion, a price-to-earnings ratio of 16.29, a P/E/G ratio of 1.33 and a beta of 1.39.

Walt Disney (NYSE:DISGet Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The entertainment giant reported $1.57 EPS 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 firm had revenue of $25.17 billion during the quarter, compared to analyst estimates of $24.87 billion. During the same quarter last year, the business posted $1.45 EPS. 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. Research analysts forecast that The Walt Disney Company will post 6.85 EPS for the current year.

Walt Disney Company Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding DIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Walt Disney Company (NYSE:DISFree Report).

Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

Receive News & Ratings for Walt Disney Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walt Disney and related companies with MarketBeat.com's FREE daily email newsletter.