KBC Group NV Sells 505,727 Shares of The Walt Disney Company $DIS

KBC Group NV trimmed its position in shares of The Walt Disney Company (NYSE:DIS) by 28.7% during the first quarter, Holdings Channel.com reports. The fund owned 1,254,116 shares of the entertainment giant’s stock after selling 505,727 shares during the quarter. KBC Group NV’s holdings in Walt Disney were worth $120,871,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. J. Stern & Co. LLP lifted its position in shares of Walt Disney by 9,060.1% during the fourth 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. Norges Bank purchased a new position in Walt Disney during the fourth quarter worth about $2,388,278,000. Viking Global Investors LP bought a new stake in Walt Disney in the 2nd quarter worth about $725,219,000. Price T Rowe Associates Inc. MD grew its position in Walt Disney by 62.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 13,876,878 shares of the entertainment giant’s stock worth $1,578,773,000 after purchasing an additional 5,334,866 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its stake in 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 buying an additional 3,450,198 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.

More Walt Disney News

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

• Positive Sentiment: Disney is expanding its parks and experiences business, with multiple reports highlighting new and reimagined attractions at Hollywood Studios and an official opening date for the newest Disney World attraction, which could support long-term theme park revenue. Disney World’s newest attraction has an official opening date
• Positive Sentiment: Disney continues to lean into sports fandom through a new NFL partnership, reinforcing the value of its sports/ESPN strategy and helping offset concerns about streaming competition. Disney Continues To Bet On Sports Fandom With New NFL Partnership
• Positive Sentiment: Recent reporting says Disney’s cruise business generated $3 billion last fiscal year and the company plans a major fleet expansion, pointing to another growth engine beyond streaming. Disney’s cruise ship fleet generated $3 billion…
• Neutral Sentiment: News that Disney is considering a free streaming option may be seen as a way to attract viewers, but it also suggests management is still searching for the right monetization model for streaming. Disney considers launching free streaming option for consumers
• Negative Sentiment: Investor debate over whether Disney should exit the streaming business highlights ongoing concerns about profitability and growth in Disney’s direct-to-consumer segment. SA Asks: Should Disney get out of the streaming business?
• Negative Sentiment: Regulatory scrutiny is a headwind after reports that the FCC is moving closer to rulings against Disney over “The View” and broadcast licenses, adding legal and reputational uncertainty. FCC Nearing Rulings Against Disney Over ‘The View,’ TV Licenses

Wall Street Analysts Forecast Growth

DIS has been the topic of several recent analyst reports. Wells Fargo & Company dropped their target price on shares of Walt Disney from $146.00 to $125.00 and set an “overweight” rating on the stock in a research report on Monday, July 13th. Citigroup upped their target price on Walt Disney from $135.00 to $145.00 and gave the company a “buy” rating in a report on Friday, May 8th. Rosenblatt Securities reaffirmed a “buy” rating and set a $126.00 price target on shares of Walt Disney in a research report on Tuesday, July 7th. Weiss Ratings lowered Walt Disney from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 11th. Finally, Wolfe Research set a $131.00 price objective on Walt Disney in a research report on Tuesday, June 30th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $129.31.

Walt Disney Trading Up 0.1%

Shares of DIS stock opened at $97.77 on Monday. The company has a market capitalization of $169.78 billion, a PE ratio of 15.62, a price-to-earnings-growth ratio of 1.23 and a beta of 1.39. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.62 and a current ratio of 0.68. The business’s fifty day moving average is $100.66 and its 200 day moving average is $103.47. The Walt Disney Company has a 52-week low of $92.18 and a 52-week high of $123.40.

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

Walt Disney Company 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.