Lazard Asset Management LLC Sells 273,381 Shares of The Walt Disney Company $DIS

Lazard Asset Management LLC lowered its holdings in shares of The Walt Disney Company (NYSE:DIS) by 21.7% during the first quarter, Holdings Channel reports. The firm owned 987,573 shares of the entertainment giant’s stock after selling 273,381 shares during the period. Lazard Asset Management LLC’s holdings in Walt Disney were worth $95,182,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Swiss RE Ltd. acquired a new position in Walt Disney during the fourth quarter worth $25,000. Curio Wealth LLC lifted its position in shares of Walt Disney by 110.4% in the fourth quarter. Curio Wealth LLC now owns 223 shares of the entertainment giant’s stock worth $26,000 after buying an additional 117 shares during the last quarter. Osbon Capital Management LLC acquired a new stake in shares of Walt Disney in the fourth quarter worth about $26,000. Sfam LLC bought a new stake in shares of Walt Disney during the 4th quarter worth about $26,000. Finally, Greenline Wealth Management LLC bought a new stake in shares of Walt Disney during the 4th quarter worth about $26,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Stock Performance

Shares of NYSE DIS opened at $96.61 on Tuesday. The Walt Disney Company has a 12 month low of $92.18 and a 12 month high of $121.40. The company has a market cap of $167.76 billion, a P/E ratio of 15.43, a P/E/G ratio of 1.20 and a beta of 1.39. The business’s 50 day moving average is $99.57 and its two-hundred day moving average is $102.70. 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) last announced its quarterly earnings data on Wednesday, May 6th. The entertainment giant reported $1.57 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to the consensus estimate of $24.87 billion. During the same quarter last year, the company posted $1.45 earnings per share. Walt Disney’s quarterly revenue 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 analysts expect that The Walt Disney Company will post 6.83 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on DIS. Raymond James Financial cut their price objective on Walt Disney from $119.00 to $111.00 and set an “outperform” rating on the stock in a research note on Thursday, July 2nd. UBS Group lowered their price target on Walt Disney from $138.00 to $133.00 and set a “buy” rating on the stock in a report on Monday, July 20th. Weiss Ratings lowered shares of Walt Disney from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, June 11th. Phillip Securities upgraded shares of Walt Disney from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, May 11th. Finally, Wolfe Research set a $131.00 price objective on shares of Walt Disney in a report on Tuesday, June 30th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Walt Disney has an average rating of “Moderate Buy” and a consensus target price of $129.00.

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.