Pacer Advisors Inc. lowered its stake in The Walt Disney Company (NYSE:DIS – Free Report) by 97.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 88,708 shares of the entertainment giant’s stock after selling 3,458,726 shares during the quarter. Pacer Advisors Inc.’s holdings in Walt Disney were worth $8,550,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also added to or reduced their stakes in the stock. Swiss RE Ltd. purchased a new stake in shares of Walt Disney in the fourth quarter worth about $25,000. Curio Wealth LLC grew its stake in Walt Disney by 110.4% during the fourth quarter. Curio Wealth LLC now owns 223 shares of the entertainment giant’s stock valued at $26,000 after acquiring an additional 117 shares in the last quarter. Osbon Capital Management LLC purchased a new position in Walt Disney during the fourth quarter valued at approximately $26,000. Sfam LLC bought a new stake in Walt Disney during the 4th quarter worth approximately $26,000. Finally, Greenline Wealth Management LLC purchased a new stake in Walt Disney in the 4th quarter worth approximately $26,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.
Key Walt Disney News
Here are the key news stories impacting Walt Disney this week:
- Positive Sentiment: Disney agreed to sell its 50% stake in A+E Global Media to Hearst for approximately $1.2 billion in cash. The transaction gives Hearst full ownership of Lifetime, The History Channel and other brands, while providing Disney with cash and further simplifying its media portfolio. Reuters article
- Positive Sentiment: “Spider-Man: Brand New Day” reportedly delivered a record-setting domestic opening weekend and is tracking toward the second-biggest opening in U.S. history. The performance reinforces investor interest in Disney’s premium superhero franchises and could support its studio and licensing businesses. Yahoo Finance article
- Neutral Sentiment: Disney’s fiscal third-quarter report is the immediate catalyst. Analysts expect roughly $25.48 billion in revenue, while options markets imply a potentially large post-earnings move. Disney has a history of exceeding estimates, but investors appear to require more than an earnings beat—particularly encouraging guidance and evidence of sustained streaming, parks and studio momentum. Investopedia article
- Neutral Sentiment: Disney also announced Joe Schott’s return as president of Walt Disney World. The leadership change and new park experiences may support long-term attendance and engagement, but are unlikely to materially affect the stock ahead of earnings.
Walt Disney Price Performance
Walt Disney (NYSE:DIS – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The entertainment giant reported $1.57 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $24.87 billion. During the same quarter last year, the company posted $1.45 EPS. The business’s quarterly revenue was up 6.5% on a year-over-year basis. On average, analysts predict that The Walt Disney Company will post 6.83 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several research firms have recently weighed in on DIS. Phillip Securities raised shares of Walt Disney from a “moderate buy” rating to a “strong-buy” rating in a report on Monday, May 11th. Needham & Company LLC reiterated a “buy” rating and issued a $125.00 price objective on shares of Walt Disney in a research report on Friday, June 12th. Raymond James Financial dropped their price objective on Walt Disney from $119.00 to $111.00 and set an “outperform” rating for the company in a research note on Thursday, July 2nd. Wells Fargo & Company reduced their target price on Walt Disney from $146.00 to $125.00 and set an “overweight” rating for the company in a research report on Monday, July 13th. Finally, Weiss Ratings lowered Walt Disney from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, June 11th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $127.59.
Check Out Our Latest Research Report on Walt Disney
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.
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