The Walt Disney Company $DIS Shares Bought by Washington Trust Bank

Washington Trust Bank boosted its position in shares of The Walt Disney Company (NYSE:DISFree Report) by 4.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 150,793 shares of the entertainment giant’s stock after buying an additional 5,894 shares during the quarter. Walt Disney makes up 1.2% of Washington Trust Bank’s holdings, making the stock its 22nd biggest position. Washington Trust Bank’s holdings in Walt Disney were worth $17,156,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in shares of Walt Disney by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 159,342,154 shares of the entertainment giant’s stock valued at $18,128,357,000 after purchasing an additional 1,220,207 shares during the period. State Street Corp grew its position in shares of Walt Disney by 3.0% in the third quarter. State Street Corp now owns 82,019,749 shares of the entertainment giant’s stock valued at $9,391,261,000 after purchasing an additional 2,376,706 shares during the period. Invesco Ltd. grew its position in shares of Walt Disney by 6.5% in the third quarter. Invesco Ltd. now owns 12,994,916 shares of the entertainment giant’s stock valued at $1,487,918,000 after purchasing an additional 790,365 shares during the period. Amundi grew its position in shares of Walt Disney by 2.0% in the third quarter. Amundi now owns 12,971,705 shares of the entertainment giant’s stock valued at $1,462,645,000 after purchasing an additional 254,626 shares during the period. Finally, Alliancebernstein L.P. grew its position in shares of Walt Disney by 4.3% in the third quarter. Alliancebernstein L.P. now owns 12,650,425 shares of the entertainment giant’s stock valued at $1,448,474,000 after purchasing an additional 515,938 shares during the period. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Stock Performance

DIS opened at $104.48 on Tuesday. The firm has a market capitalization of $181.44 billion, a PE ratio of 16.69, a PEG ratio of 1.42 and a beta of 1.41. The Walt Disney Company has a twelve month low of $92.18 and a twelve month high of $124.69. The firm’s 50-day moving average price is $100.91 and its 200 day moving average price is $106.53. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.33.

Walt Disney (NYSE:DISGet Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The entertainment giant reported $1.57 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.08. The firm had revenue of $25.17 billion for the quarter, compared to analyst estimates of $24.87 billion. Walt Disney had a net margin of 11.54% and a return on equity of 8.92%. Walt Disney’s quarterly revenue was up 6.5% on a year-over-year basis. During the same period in the previous year, the business posted $1.45 earnings per share. Walt Disney has set its FY 2026 guidance at 6.640-6.640 EPS. As a group, sell-side analysts expect that The Walt Disney Company will post 6.82 EPS for the current fiscal year.

Key Headlines Impacting Walt Disney

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

Analyst Ratings Changes

DIS has been the topic of several research analyst reports. Weiss Ratings upgraded shares of Walt Disney from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, April 29th. Citigroup lifted their target price on shares of Walt Disney from $135.00 to $145.00 and gave the company a “buy” rating in a research report on Friday. UBS Group reiterated a “mixed” rating on shares of Walt Disney in a research report on Monday, February 2nd. Guggenheim lifted their target price on shares of Walt Disney from $115.00 to $120.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $151.00 target price on shares of Walt Disney in a research report on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $134.47.

Check Out Our Latest Report on Walt Disney

Walt Disney Company Profile

(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.

Further Reading

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Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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