The Walt Disney Company $DIS Shares Bought by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC grew its stake in The Walt Disney Company (NYSE:DIS) by 29.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 86,908 shares of the entertainment giant’s stock after purchasing an additional 19,626 shares during the period. Axxcess Wealth Management LLC’s holdings in Walt Disney were worth $9,888,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. grew its holdings in Walt Disney by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 159,342,154 shares of the entertainment giant’s stock worth $18,128,357,000 after acquiring an additional 1,220,207 shares during the period. State Street Corp lifted its stake in shares of Walt Disney by 3.0% in the 3rd 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 in the last quarter. Invesco Ltd. lifted its holdings in shares of Walt Disney by 6.5% during the 3rd quarter. Invesco Ltd. now owns 12,994,916 shares of the entertainment giant’s stock valued at $1,487,918,000 after acquiring an additional 790,365 shares in the last quarter. Amundi lifted its holdings in shares of Walt Disney by 2.0% during the 3rd quarter. Amundi now owns 12,971,705 shares of the entertainment giant’s stock valued at $1,462,645,000 after acquiring an additional 254,626 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its holdings in Walt Disney by 4.3% in the 3rd quarter. Alliancebernstein L.P. now owns 12,650,425 shares of the entertainment giant’s stock worth $1,448,474,000 after acquiring an additional 515,938 shares during the period. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Key Walt Disney News

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

• Positive Sentiment: Disney continues to draw bullish investor attention after stronger-than-expected fiscal Q2 results, with analysts highlighting improving streaming, content, and Parks & Experiences performance. Should Disney’s Strong Q2 and Institutional Support Require Action From Walt Disney (DIS) Investors?
• Positive Sentiment: Disney is also benefiting from ongoing interest in its theme parks and consumer products, including new summer attractions, ride updates, and merchandise releases that can support park traffic and spending. Disney World unveils new summer attractions and ride updates
• Neutral Sentiment: Several articles frame Disney as a long-term value name and note that the stock is attracting increased investor and user attention, which may help keep sentiment supported but does not by itself change fundamentals. The Walt Disney Company (DIS) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: Buzz around The Mandalorian and Grogu is turning cautious after the film logged the lowest Thursday preview sales in franchise history, raising concern that opening-weekend box office could come in below expectations. Disney’s ‘Star Wars: The Mandalorian and Grogu’ tallies lowest Thursday preview sales in franchise history
• Negative Sentiment: Disney is facing multiple lawsuits over its use of facial-recognition technology at park entrances, adding legal and reputational risk to its high-margin experiences business. Disney sued over new facial recognition technology at Disneyland entrances

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on DIS. TD Cowen restated a “hold” rating and issued a $123.00 target price on shares of Walt Disney in a research note on Tuesday, February 3rd. JPMorgan Chase & Co. raised their price objective on shares of Walt Disney from $138.00 to $139.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Wells Fargo & Company decreased their price target on shares of Walt Disney from $148.00 to $146.00 and set an “overweight” rating on the stock in a research report on Thursday, May 7th. The Goldman Sachs Group reissued a “buy” rating and issued a $151.00 price target on shares of Walt Disney in a research note on Monday, February 2nd. Finally, Needham & Company LLC reiterated a “buy” rating and set a $125.00 price objective on shares of Walt Disney in a research report on Tuesday, March 31st. 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 assigned a Sell rating to the company. According to MarketBeat.com, Walt Disney has an average rating of “Moderate Buy” and a consensus target price of $134.47.

Walt Disney Stock Down 0.4%

NYSE DIS opened at $103.12 on Friday. 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 firm has a 50-day simple moving average of $101.14 and a 200 day simple moving average of $106.06. The Walt Disney Company has a twelve month low of $92.18 and a twelve month high of $124.69. The stock has a market cap of $179.07 billion, a PE ratio of 16.47, a PEG ratio of 1.35 and a beta of 1.41.

Walt Disney (NYSE:DIS) last issued its earnings results on Wednesday, May 6th. The entertainment giant reported $1.57 EPS for the quarter, topping the consensus estimate of $1.49 by $0.08. The firm 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%.Walt Disney’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same period last year, the business earned $1.45 earnings per share. Walt Disney has set its FY 2026 guidance at 6.640-6.640 EPS. On average, research analysts forecast that The Walt Disney Company will post 6.85 EPS for the current year.

Walt Disney 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.