Saranac Partners Ltd Sells 200,384 Shares of The Walt Disney Company $DIS

Saranac Partners Ltd reduced its position in The Walt Disney Company (NYSE:DIS) by 97.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 5,770 shares of the entertainment giant’s stock after selling 200,384 shares during the quarter. Saranac Partners Ltd’s holdings in Walt Disney were worth $656,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of DIS. Vanguard Group Inc. lifted its position in Walt Disney by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 159,342,154 shares of the entertainment giant’s stock worth $18,128,357,000 after buying an additional 1,220,207 shares during the last quarter. State Street Corp grew its position in Walt Disney by 3.0% during 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 acquiring an additional 2,376,706 shares during the last quarter. Invesco Ltd. raised its stake in shares of Walt Disney by 6.5% during the third quarter. Invesco Ltd. now owns 12,994,916 shares of the entertainment giant’s stock worth $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% in the 3rd quarter. Amundi now owns 12,971,705 shares of the entertainment giant’s stock worth $1,462,645,000 after acquiring an additional 254,626 shares during the last quarter. Finally, Alliancebernstein L.P. lifted its holdings in shares of 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 last quarter. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Stock Performance

Shares of NYSE:DIS opened at $102.25 on Wednesday. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.33. The company has a 50-day moving average price of $101.00 and a 200-day moving average price of $106.20. The company has a market cap of $177.55 billion, a price-to-earnings ratio of 16.33, a price-to-earnings-growth ratio of 1.36 and a beta of 1.41. The Walt Disney Company has a 12 month low of $92.18 and a 12 month high of $124.69.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Wednesday, May 6th. The entertainment giant reported $1.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.49 by $0.08. Walt Disney had a return on equity of 8.92% and a net margin of 11.54%.The company had revenue of $25.17 billion for the quarter, compared to the consensus estimate of $24.87 billion. During the same quarter in the previous year, the business earned $1.45 EPS. Walt Disney’s revenue was up 6.5% compared to the same quarter last year. Walt Disney has set its FY 2026 guidance at 6.640-6.640 EPS. As a group, equities analysts anticipate that The Walt Disney Company will post 6.82 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms recently commented on DIS. JPMorgan Chase & Co. increased their target price on shares of Walt Disney from $138.00 to $139.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Needham & Company LLC restated a “buy” rating and set a $125.00 price target on shares of Walt Disney in a research report on Tuesday, March 31st. Morgan Stanley initiated coverage on Walt Disney in a research note on Tuesday, February 3rd. They set an “overweight” rating and a $135.00 price objective on the stock. Citigroup lifted their price objective on Walt Disney from $135.00 to $145.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Finally, Barclays boosted their target price on Walt Disney from $130.00 to $135.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $134.47.

Key Headlines Impacting Walt Disney

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

• Positive Sentiment: Erste Group raised its FY2026 earnings estimate for Disney to $6.86 per share from $6.63, slightly above the Street’s $6.82 consensus, signaling improving profit expectations for The Walt Disney Company (DIS).
• Positive Sentiment: Disney unveiled a “Blockbuster Summer” marketing push tied to upcoming releases like The Mandalorian and Grogu and Toy Story 5, which could help support park traffic, merchandise sales, and brand momentum. Disney Blockbuster Summer campaign article
• Positive Sentiment: Disney named Joe Schott as the new Walt Disney World president, a leadership change that may be viewed as an operational reset for the company’s most important domestic parks business. Joe Schott named new Walt Disney World president
• Neutral Sentiment: Disney’s Imagineering and park-development updates, including new courtyard music and signage work at Hollywood Studios, are incremental property enhancements with limited immediate financial impact. Walt Disney Studios Courtyard music revealed
• Neutral Sentiment: Multiple articles highlighted Disney’s community and military-family events, which are positive for brand image but unlikely to move the stock on their own. Blue Star Families and Disney event
• Negative Sentiment: Disney was sued over the use of facial recognition at California theme parks, adding a potential privacy and regulatory overhang for DIS even if the financial impact is still uncertain. Disney sued over facial recognition at California theme parks

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.