North Star Asset Management Inc. acquired a new position in The Walt Disney Company (NYSE:DIS – Free Report) during the second quarter, according to its most recent filing with the SEC. The firm acquired 160,151 shares of the entertainment giant’s stock, valued at approximately $15,415,000.
Several other hedge funds have also recently made changes to their positions in the business. Brighton Jones LLC boosted its stake in shares of Walt Disney by 7.7% during the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock valued at $2,980,000 after purchasing an additional 1,904 shares in the last quarter. Sivia Capital Partners LLC raised its stake in Walt Disney by 31.9% in the second quarter. Sivia Capital Partners LLC now owns 5,470 shares of the entertainment giant’s stock worth $678,000 after buying an additional 1,322 shares in the last quarter. Schnieders Capital Management LLC. raised its stake in Walt Disney by 16.2% in the second quarter. Schnieders Capital Management LLC. now owns 17,955 shares of the entertainment giant’s stock worth $2,227,000 after buying an additional 2,503 shares in the last quarter. Main Street Financial Solutions LLC lifted 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 buying an additional 1,855 shares during the period. Finally, Ieq Capital LLC lifted 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 buying an additional 11,304 shares during the period. 65.71% of the stock is owned by hedge funds and other institutional investors.
Walt Disney News Summary
Here are the key news stories impacting Walt Disney this week:
- Positive Sentiment: Disney’s Experiences segment generated approximately $3 billion in quarterly operating profit, with theme parks and cruise lines offsetting mixed performance elsewhere. The results support the view that parks, resorts, and cruises are key earnings drivers. Disney’s Experiences Generated $3 Billion in One Quarter
- Positive Sentiment: Disney announced a new Lakeshore Lodge near the Magic Kingdom, scheduled to open in July 2027. The resort’s room offerings and early cash-booking program for Disney Vacation Club members could expand high-margin lodging revenue and strengthen the company’s vacation ecosystem. Disney’s Lakeshore Lodge Reveals Rooms
- Positive Sentiment: Disney Cruise Line announced fall 2027 and spring 2028 sailings, including a new Disney Adventure port of call, providing additional evidence of continued investment in its growing cruise business. Disney Cruise Line Sailings Announced
- Positive Sentiment: Disney and the NFL are launching a merchandise collaboration, creating another licensing and consumer-products opportunity. Disney and NFL Partner for Apparel Collaboration
- Neutral Sentiment: CFO Hugh Johnston will participate in Goldman Sachs’ Communacopia + Technology Conference on September 9. Investors may look for commentary on streaming, parks demand, margins, and financial targets, but no new guidance was provided. Disney to Participate in Goldman Sachs Conference
- Negative Sentiment: Reports concerning a former actress’s lawsuit against Disney and a prior confidential settlement involving another party add legal and reputational noise, although the reported settlement could limit potential exposure. Raquel Lee Settlement Report
Walt Disney Price Performance
Walt Disney (NYSE:DIS – Get Free Report) last announced its earnings results on Wednesday, August 5th. The entertainment giant reported $2.06 earnings per share for the quarter, beating analysts’ consensus estimates of $1.86 by $0.20. Walt Disney had a net margin of 8.70% and a return on equity of 9.90%. The business 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 firm earned $1.61 earnings per share. The business’s revenue for the quarter was up 6.8% on a year-over-year basis. Walt Disney has set its FY 2026 guidance at 6.642-6.642 EPS. Analysts anticipate that The Walt Disney Company will post 6.9 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of research analysts have weighed in on DIS shares. Raymond James Financial reduced their target price on Walt Disney from $119.00 to $111.00 and set an “outperform” rating on the stock in a report on Thursday, July 2nd. Rosenblatt Securities restated a “buy” rating and issued a $126.00 target price on shares of Walt Disney in a research note on Thursday, August 6th. Truist Financial set a $115.00 price target on Walt Disney in a research report on Monday, August 3rd. Guggenheim reaffirmed a “buy” rating and issued a $120.00 price target on shares of Walt Disney in a research note on Thursday, August 6th. Finally, Argus reiterated a “buy” rating and issued a $134.00 price objective on shares of Walt Disney in a report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $127.61.
View Our Latest Research Report on Walt Disney
Insider Activity at Walt Disney
In related news, EVP Brent Woodford sold 7,238 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $105.31, for a total transaction of $762,233.78. Following the completion of the transaction, the executive vice president owned 62,323 shares of the company’s stock, valued at $6,563,235.13. This trade represents a 10.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul M. Roeder sold 3,596 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $106.32, for a total value of $382,326.72. The SEC filing for this sale provides additional information. Corporate insiders own 0.17% of the company’s stock.
About Walt Disney
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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