Evelyn Partners Investment Management Services Ltd Sells 72,419 Shares of The Walt Disney Company $DIS

Evelyn Partners Investment Management Services Ltd trimmed its position in shares of The Walt Disney Company (NYSE:DIS) by 45.9% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 85,308 shares of the entertainment giant’s stock after selling 72,419 shares during the quarter. Walt Disney accounts for about 1.0% of Evelyn Partners Investment Management Services Ltd’s holdings, making the stock its 29th largest holding. Evelyn Partners Investment Management Services Ltd’s holdings in Walt Disney were worth $8,222,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Swiss RE Ltd. bought a new position in shares of Walt Disney during the 4th quarter valued at $25,000. Curio Wealth LLC raised its position in Walt Disney by 110.4% in the 4th quarter. Curio Wealth LLC now owns 223 shares of the entertainment giant’s stock worth $26,000 after purchasing an additional 117 shares during the period. Sfam LLC bought a new stake in Walt Disney in the fourth quarter worth $26,000. Greenline Wealth Management LLC purchased a new stake in Walt Disney during the fourth quarter valued at about $26,000. Finally, Osbon Capital Management LLC purchased a new stake in Walt Disney during the fourth quarter valued at about $26,000. Institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Performance

Shares of DIS stock opened at $96.61 on Tuesday. The firm has a market capitalization of $167.76 billion, a price-to-earnings ratio of 15.43, a PEG ratio of 1.20 and a beta of 1.39. The stock has a fifty day moving average of $99.57 and a 200 day moving average of $102.70. The Walt Disney Company has a 52 week low of $92.18 and a 52 week high of $121.40. 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 issued its quarterly earnings data on Wednesday, May 6th. The entertainment giant reported $1.57 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 during the quarter, compared to analyst estimates of $24.87 billion. During the same period in the prior year, the business earned $1.45 EPS. The company’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. As a group, research analysts expect that The Walt Disney Company will post 6.83 earnings per share for the current year.

Wall Street Analysts Forecast Growth

DIS has been the topic of several analyst reports. Needham & Company LLC reiterated a “buy” rating and issued a $125.00 price objective on shares of Walt Disney in a report on Friday, June 12th. Benchmark restated a “buy” rating on shares of Walt Disney in a research report on Monday, July 20th. Guggenheim lifted their price target on Walt Disney from $115.00 to $120.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Weiss Ratings downgraded Walt Disney from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, June 11th. Finally, UBS Group dropped their price objective on Walt Disney from $138.00 to $133.00 and set a “buy” rating for the company in a research note on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target 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.