Fifth Third Bancorp Purchases 398,319 Shares of The Walt Disney Company $DIS

Fifth Third Bancorp increased its position in The Walt Disney Company (NYSE:DISFree Report) by 60.6% during the 1st quarter, Holdings Channel.com reports. The firm owned 1,055,549 shares of the entertainment giant’s stock after purchasing an additional 398,319 shares during the period. Fifth Third Bancorp’s holdings in Walt Disney were worth $101,734,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in shares of Walt Disney by 7.7% in the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock worth $2,980,000 after acquiring an additional 1,904 shares in the last quarter. Sivia Capital Partners LLC boosted its stake in Walt Disney by 31.9% during the second quarter. Sivia Capital Partners LLC now owns 5,470 shares of the entertainment giant’s stock worth $678,000 after acquiring an additional 1,322 shares in the last quarter. Schnieders Capital Management LLC. boosted its stake in Walt Disney by 16.2% during the second quarter. Schnieders Capital Management LLC. now owns 17,955 shares of the entertainment giant’s stock worth $2,227,000 after acquiring an additional 2,503 shares in the last quarter. Main Street Financial Solutions LLC grew its holdings in Walt Disney by 28.6% in the second quarter. Main Street Financial Solutions LLC now owns 8,330 shares of the entertainment giant’s stock worth $1,033,000 after purchasing an additional 1,855 shares during the period. Finally, Ieq Capital LLC grew its holdings in Walt Disney by 10.8% in the second quarter. Ieq Capital LLC now owns 115,759 shares of the entertainment giant’s stock worth $14,355,000 after purchasing an additional 11,304 shares during the period. Institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Down 0.5%

Shares of DIS traded down $0.53 on Friday, hitting $95.64. 10,669,358 shares of the stock traded hands, compared to its average volume of 10,984,889. The Walt Disney Company has a one year low of $92.18 and a one year high of $123.40. The company has a market capitalization of $166.09 billion, a PE ratio of 15.28, a P/E/G ratio of 1.20 and a beta of 1.39. The business has a 50 day simple moving average of $101.51 and a 200 day simple moving average of $104.12. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.62 and a current ratio of 0.68.

Walt Disney (NYSE:DISGet Free Report) last released its quarterly earnings data on Wednesday, May 6th. The entertainment giant reported $1.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.08. Walt Disney had a return on equity of 8.92% and a net margin of 11.54%.The business had revenue of $25.17 billion for the quarter, compared to analysts’ expectations of $24.87 billion. During the same period in the prior year, the firm posted $1.45 EPS. The firm’s quarterly 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 forecast that The Walt Disney Company will post 6.86 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on DIS. Wolfe Research set a $131.00 target price on shares of Walt Disney in a report on Tuesday, June 30th. Wells Fargo & Company lowered their price objective on Walt Disney from $148.00 to $146.00 and set an “overweight” rating for the company 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 report on Monday, May 11th. Raymond James Financial cut their target price on Walt Disney from $119.00 to $111.00 and set an “outperform” rating on the stock in a research note on Thursday, July 2nd. Finally, Citigroup lifted their price target on Walt Disney from $135.00 to $145.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Walt Disney currently has an average rating of “Moderate Buy” and an average target price of $133.33.

View Our Latest Report on DIS

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Walt Disney 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.

Further Reading

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

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