Legacy Capital Group California Inc. Has $1.21 Million Position in The Walt Disney Company $DIS

Legacy Capital Group California Inc. lessened its holdings in The Walt Disney Company (NYSE:DIS) by 46.0% in the first quarter, HoldingsChannel reports. The fund owned 12,597 shares of the entertainment giant’s stock after selling 10,752 shares during the period. Legacy Capital Group California Inc.’s holdings in Walt Disney were worth $1,214,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Swiss RE Ltd. acquired a new stake in shares of Walt Disney during the 4th quarter worth approximately $25,000. Curio Wealth LLC boosted its stake in shares of Walt Disney by 110.4% during the fourth quarter. Curio Wealth LLC now owns 223 shares of the entertainment giant’s stock valued at $26,000 after purchasing an additional 117 shares in the last quarter. Osbon Capital Management LLC bought a new stake in Walt Disney during the 4th quarter worth approximately $26,000. Sfam LLC acquired a new stake in Walt Disney in the fourth quarter valued at $26,000. Finally, Greenline Wealth Management LLC bought a new stake in Walt Disney in the fourth quarter valued at approximately $26,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on DIS shares. Barclays increased their price target on Walt Disney from $130.00 to $135.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Rosenblatt Securities reiterated a “buy” rating and set a $126.00 price target on shares of Walt Disney in a research note on Tuesday, July 7th. Benchmark assumed coverage on shares of Walt Disney in a research note on Monday. They issued a “buy” rating and a $115.00 price objective for the company. Citigroup increased their price target on shares of Walt Disney from $135.00 to $145.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Walt Disney from $139.00 to $140.00 and gave the company an “overweight” rating in a report on Tuesday, June 30th. One investment 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 given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $130.88.

Key Stories Impacting Walt Disney

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

• Positive Sentiment: Benchmark initiated coverage of Disney with a Buy rating and a $115 price target, pointing to parks, streaming, and sports as key growth drivers. Disney initiated at Buy as analyst sees parks, streaming fueling next growth phase
• Positive Sentiment: Wells Fargo reportedly said Disney could unlock significant value if it exits the streaming wars and focuses more on content creation, which fueled optimism around a potential strategic shift. DIS Stock Gains Nearly 2% — Why Wells Fargo Says Disney Could Jump 40% If It Exits Streaming
• Neutral Sentiment: Disney released the programming lineup for D23 and announced more details around its Experiences showcase, which is generating fan interest but appears to be more of a branding/event update than a direct earnings catalyst. Disney releases programming lineup for D23: The Ultimate Disney Fan Event
• Neutral Sentiment: Disney-related lifestyle and promotional stories, including pet care and park events, are mostly noise for investors and unlikely to materially move the stock. The AVMA and Walt Disney World’s Top Veterinarian Share Secrets to Better Pet Care
• Negative Sentiment: Disney’s live-action “Moana” underperformed at the box office, deepening concern that the company’s remake strategy may not be resonating as strongly with audiences as hoped. Disney’s ‘Moana’ Remake Crashes at Box Office

Walt Disney Price Performance

Shares of Walt Disney stock opened at $95.91 on Tuesday. The company has a fifty day moving average of $101.35 and a 200-day moving average of $103.94. The Walt Disney Company has a 52-week low of $92.18 and a 52-week high of $123.40. The stock has a market capitalization of $166.56 billion, a price-to-earnings ratio of 15.32, a price-to-earnings-growth ratio of 1.20 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.

Walt Disney (NYSE:DIS) last released 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. The firm had revenue of $25.17 billion for the quarter, compared to the consensus estimate of $24.87 billion. Walt Disney had a return on equity of 8.92% and a net margin of 11.54%.The company’s quarterly revenue was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.45 earnings per share. Walt Disney has set its FY 2026 guidance at 6.640-6.640 EPS. Equities research analysts expect that The Walt Disney Company will post 6.86 EPS for the current year.

About Walt Disney

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.