State Farm Mutual Automobile Insurance Co. Sells 3,050,570 Shares of The Walt Disney Company $DIS

State Farm Mutual Automobile Insurance Co. lowered its position in shares of The Walt Disney Company (NYSE:DIS) by 11.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,719,742 shares of the entertainment giant’s stock after selling 3,050,570 shares during the period. Walt Disney comprises about 2.0% of State Farm Mutual Automobile Insurance Co.’s holdings, making the stock its 16th largest holding. State Farm Mutual Automobile Insurance Co.’s holdings in Walt Disney were worth $2,584,825,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Curio Wealth LLC lifted its stake in Walt Disney by 110.4% during the fourth 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 last quarter. Commonwealth Retirement Investments LLC bought a new stake in Walt Disney during the fourth quarter worth about $29,000. JPL Wealth Management LLC bought a new stake in Walt Disney during the third quarter worth about $30,000. Bare Financial Services Inc lifted its stake in Walt Disney by 48.5% during the third quarter. Bare Financial Services Inc now owns 291 shares of the entertainment giant’s stock worth $33,000 after purchasing an additional 95 shares during the last quarter. Finally, Basepoint Wealth LLC bought a new stake in Walt Disney during the fourth quarter worth about $36,000. Institutional investors own 65.71% of the company’s stock.

Analyst Ratings Changes

DIS has been the subject of several research analyst reports. Wells Fargo & Company dropped their price target on Walt Disney from $148.00 to $146.00 and set an “overweight” rating for the company in a research note on Thursday, May 7th. 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. Phillip Securities upgraded Walt Disney from a “moderate buy” rating to a “strong-buy” rating in a report on Monday, May 11th. Raymond James Financial upgraded Walt Disney from a “market perform” rating to an “outperform” rating and set a $115.00 price objective on the stock in a report on Wednesday, April 1st. Finally, Guggenheim lifted their price objective on Walt Disney from $115.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. One equities 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 given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $133.47.

Walt Disney Stock Down 0.7%

DIS opened at $98.97 on Tuesday. The company has a market cap of $171.87 billion, a P/E ratio of 15.81, a P/E/G ratio of 1.30 and a beta of 1.39. The business’s 50-day moving average price is $101.90 and its 200-day moving average price is $105.35. 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 Walt Disney Company has a 12 month low of $92.18 and a 12 month high of $124.69.

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. On average, equities analysts expect that The Walt Disney Company will post 6.85 EPS for the current year.

Walt Disney News Roundup

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

• Positive Sentiment: Wall Street remains bullish on Disney despite the stock’s weak year-to-date performance, citing meaningful upside versus analyst price targets. These 3 Underperforming Dow Stocks Have 3 Things in Common but Wall Street Remains Bullish
• Positive Sentiment: Disney is highlighting a long-term value-creation strategy, with CFO Hugh Johnston reinforcing confidence in the company’s growth trajectory and operational focus. Disney (DIS) Signals A Long-Term Vision Focused On Consistent Value Creation
• Positive Sentiment: Upcoming film and park-related momentum could support Disney’s business, including the June 19 theatrical release of Toy Story 5 and ongoing ride/attraction revamps that keep the parks fresh for visitors. Why Toy Story 5 matters more than most Disney sequels

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.