The Walt Disney Company $DIS Shares Sold by Confluence Investment Management LLC

Confluence Investment Management LLC decreased its position in The Walt Disney Company (NYSE:DIS) by 7.9% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 104,103 shares of the entertainment giant’s stock after selling 8,918 shares during the quarter. Confluence Investment Management LLC’s holdings in Walt Disney were worth $10,920,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. State Street Corp grew its position in Walt Disney by 2.3% in the fourth quarter. State Street Corp now owns 83,873,646 shares of the entertainment giant’s stock worth $9,604,567,000 after acquiring an additional 1,853,897 shares in the last quarter. J. Stern & Co. LLP raised its holdings in shares of Walt Disney by 9,060.1% during the 4th quarter. J. Stern & Co. LLP now owns 38,135,363 shares of the entertainment giant’s stock valued at $4,338,660,000 after purchasing an additional 37,719,041 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Walt Disney by 16.2% during the 4th quarter. Invesco Ltd. now owns 15,106,105 shares of the entertainment giant’s stock valued at $1,718,622,000 after purchasing an additional 2,111,189 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in shares of Walt Disney by 37.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 12,569,185 shares of the entertainment giant’s stock valued at $1,429,996,000 after purchasing an additional 3,450,198 shares during the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Walt Disney in the 2nd quarter valued at $1,386,720,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Stock Performance

Shares of DIS traded down $3.17 during trading hours on Thursday, reaching $101.73. 3,307,697 shares of the company traded hands, compared to its average volume of 10,233,016. The Walt Disney Company has a 1-year low of $92.18 and a 1-year high of $117.09. The stock has a market cap of $175.66 billion, a P/E ratio of 20.97, a price-to-earnings-growth ratio of 1.32 and a beta of 1.41. The stock’s fifty day moving average is $104.21 and its 200 day moving average is $101.75. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.65 and a current ratio of 0.71.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Wednesday, August 5th. The entertainment giant reported $2.06 EPS for the quarter, topping analysts’ consensus estimates of $1.86 by $0.20. Walt Disney had a return on equity of 9.90% and a net margin of 8.70%.The company had revenue of $25.25 billion during the quarter, compared to the consensus estimate of $25.39 billion. During the same quarter last year, the company earned $1.61 EPS. The company’s quarterly revenue was up 6.8% on a year-over-year basis. Walt Disney has set its FY 2026 guidance at 6.642-6.642 EPS. Equities research analysts anticipate that The Walt Disney Company will post 6.91 earnings per share for the current fiscal year.

Key Headlines Impacting Walt Disney

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

• Positive Sentiment: Bank of America maintained its Buy rating and $125 price target, forecasting fiscal 2027 revenue of approximately $105 billion and EPS of $7.52. The firm also modestly raised its operating-income estimate, while expecting parks, cruises and an extra fiscal week to support upcoming results. Disney faces uneven 2027 as Bank of America stays positive
• Positive Sentiment: Disney World is raising ticket prices for the remainder of 2026 and into 2027, and Disney has increased streaming subscription prices. The moves could improve revenue per visitor and average revenue per subscriber, although they may test consumer demand. Walt Disney World price increases
• Neutral Sentiment: Disney World’s 55th-anniversary coverage, new merchandise and expanded Dreamers Academy program reinforce brand engagement, but these developments are unlikely to materially affect near-term earnings. Disney expands Dreamers Academy
• Neutral Sentiment: Disney is beta-testing new vacation-planning tools, including AI capabilities. The tools could improve trip conversion and operating efficiency, but reports of planning mistakes and customer frustration create execution risk. Disney World vacation planning tools
• Negative Sentiment: Disney is cutting roughly 300 employees, mainly in human resources and technology, in its third 2026 layoff round under CEO Josh D’Amaro. The cuts may lower expenses, but their frequency highlights ongoing restructuring and uncertainty about the company’s growth strategy. Disney layoffs reported by Reuters
• Negative Sentiment: Reports of widespread ride closures and storm-related disruptions at Walt Disney World could hurt guest satisfaction and near-term park spending, though the impact is likely temporary. Disney World ride closures

Analysts Set New Price Targets

DIS has been the topic of several analyst reports. The Goldman Sachs Group reissued a “buy” rating on shares of Walt Disney in a research report on Monday. Argus reaffirmed a “buy” rating and issued a $134.00 price target on shares of Walt Disney in a research report on Thursday, August 6th. Citigroup decreased their price target on Walt Disney from $145.00 to $135.00 and set a “buy” rating for the company in a research note on Wednesday, July 29th. Raymond James Financial lowered their price objective on Walt Disney from $119.00 to $111.00 and set an “outperform” rating on the stock in a report on Thursday, July 2nd. Finally, JPMorgan Chase & Co. boosted their target price on Walt Disney from $139.00 to $140.00 and gave the stock an “overweight” rating in a report on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $127.61.

Insider Buying and Selling at Walt Disney

In related news, EVP Brent Woodford sold 7,238 shares of the firm’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $105.31, for a total value of $762,233.78. Following the completion of the transaction, the executive vice president directly owned 62,323 shares of the company’s stock, valued at $6,563,235.13. This trade represents a 10.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Roeder sold 3,596 shares of the business’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $106.32, for a total transaction of $382,326.72. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 14,452 shares of company stock valued at $1,532,157. 0.17% of the stock is owned by company insiders.

Walt Disney Company 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.