Bank of New York Mellon Corp Sells 432,152 Shares of The Walt Disney Company $DIS

Posted by Francis Steltz on Jun 3rd, 2026

Bank of New York Mellon Corp cut its position in shares of The Walt Disney Company (NYSE:DIS – Free Report) by 2.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 14,907,192 shares of the entertainment giant’s stock after selling 432,152 shares during the quarter. Bank of New York Mellon Corp’s holdings in Walt Disney were worth $1,695,991,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of DIS. Brighton Jones LLC grew its holdings in shares of Walt Disney by 7.7% during the fourth quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock worth $2,980,000 after buying an additional 1,904 shares in the last quarter. Sivia Capital Partners LLC grew its holdings in shares of 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 buying an additional 1,322 shares in the last quarter. Schnieders Capital Management LLC. grew 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 valued at $2,227,000 after purchasing an additional 2,503 shares in the last quarter. Main Street Financial Solutions LLC grew its stake 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 valued at $1,033,000 after purchasing an additional 1,855 shares in the last quarter. Finally, Ieq Capital LLC grew its stake in Walt Disney by 10.8% in the second quarter. Ieq Capital LLC now owns 115,759 shares of the entertainment giant’s stock valued at $14,355,000 after purchasing an additional 11,304 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on DIS. 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 note on Thursday, May 7th. Barclays raised their price target on Walt Disney from $130.00 to $135.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Morgan Stanley began coverage on Walt Disney in a research note on Tuesday, February 3rd. They issued an “overweight” rating and a $135.00 price target for the company. Citigroup raised their price target on Walt Disney from $135.00 to $145.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Finally, TD Cowen restated a “hold” rating and issued a $123.00 price target on shares of Walt Disney in a research note on Tuesday, February 3rd. One research 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.com, Walt Disney has an average rating of “Moderate Buy” and a consensus target price of $134.47.

Read Our Latest Stock Analysis on DIS

Key Stories Impacting Walt Disney

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

Positive Sentiment: Disney’s brand strength remains visible, with multiple stories highlighting upcoming live-action adaptations, a refreshed Walt Disney World “Carousel of Progress” attraction, and ongoing family/travel demand tied to Disney parks. These reinforce the company’s ability to monetize its intellectual property and theme park assets. Article Title
Positive Sentiment: Playtika’s earnings call noted that “Disney Solitaire” has scaled faster than any title in the company’s 15-year history, which suggests Disney-branded mobile content is resonating strongly with players and could support licensing/value creation around the Disney name. Article Title
Neutral Sentiment: Zacks noted that Disney is attracting unusual investor attention, but the piece does not point to a specific catalyst such as earnings, guidance, or a major deal. This is more of a sentiment/visibility signal than a fundamental update. Article Title
Neutral Sentiment: Several articles were lifestyle- or entertainment-oriented references to Disney parks and Disney characters, which support the company’s cultural relevance but are unlikely to move the stock on their own. Article Title
Negative Sentiment: Most of the day’s headlines do not show a clear financial catalyst to offset the stock’s recent weakness, so the lack of a strong positive earnings or guidance update may be contributing to downside pressure in DIS.

Walt Disney Stock Performance

DIS opened at $101.38 on Wednesday. The Walt Disney Company has a 12-month low of $92.18 and a 12-month high of $124.69. The stock has a market cap of $176.05 billion, a price-to-earnings ratio of 16.20, a PEG ratio of 1.34 and a beta of 1.39. The business has a 50 day moving average of $101.60 and a 200-day moving average of $105.65. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.33.

Walt Disney (NYSE:DIS – Get 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 analysts’ consensus estimates of $1.49 by $0.08. The company had revenue of $25.17 billion during the quarter, compared to analysts’ expectations of $24.87 billion. Walt Disney had a return on equity of 8.92% and a net margin of 11.54%.The business’s revenue was up 6.5% on a year-over-year basis. During the same period last year, the firm posted $1.45 earnings per share. Walt Disney has set its FY 2026 guidance at 6.640-6.640 EPS. On average, equities research analysts expect that The Walt Disney Company will post 6.85 earnings per share for the current year.

About Walt Disney

(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.