The Walt Disney Company $DIS Holdings Raised by Sterling Investment Counsel LLC

by · The Markets Daily

Sterling Investment Counsel LLC lifted its stake in The Walt Disney Company (NYSE:DIS – Free Report) by 130.5% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 13,590 shares of the entertainment giant’s stock after purchasing an additional 7,695 shares during the quarter. Sterling Investment Counsel LLC’s holdings in Walt Disney were worth $1,556,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Brighton Jones LLC raised its position in Walt Disney by 7.7% during the fourth quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock valued at $2,980,000 after buying an additional 1,904 shares during the period. Trexquant Investment LP purchased a new position in Walt Disney during the 1st quarter valued at about $2,745,000. Advisors Asset Management Inc. increased its holdings in shares of Walt Disney by 5.4% in the 1st quarter. Advisors Asset Management Inc. now owns 31,606 shares of the entertainment giant’s stock valued at $3,120,000 after purchasing an additional 1,626 shares during the period. AQR Capital Management LLC lifted its position in shares of Walt Disney by 65.8% in the first quarter. AQR Capital Management LLC now owns 1,346,357 shares of the entertainment giant’s stock worth $129,735,000 after purchasing an additional 534,376 shares in the last quarter. Finally, Copperleaf Capital LLC boosted its holdings in shares of Walt Disney by 7.2% during the first quarter. Copperleaf Capital LLC now owns 11,849 shares of the entertainment giant’s stock worth $1,170,000 after purchasing an additional 791 shares during the period. Institutional investors and hedge funds own 65.71% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Jefferies Financial Group dropped their price objective on shares of Walt Disney from $144.00 to $136.00 and set a “buy” rating on the stock in a research note on Friday, November 14th. Guggenheim reaffirmed a “buy” rating and issued a $140.00 price target on shares of Walt Disney in a research note on Friday, November 14th. Citigroup reiterated a “positive” rating on shares of Walt Disney in a report on Friday, November 14th. UBS Group restated a “buy” rating and issued a $138.00 target price on shares of Walt Disney in a research note on Friday, November 14th. Finally, Wells Fargo & Company dropped their target price on Walt Disney from $159.00 to $152.00 and set an “overweight” rating on the stock in a research report on Friday, November 14th. Nineteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Walt Disney has an average rating of “Moderate Buy” and a consensus target price of $134.41.

Check Out Our Latest Stock Analysis on Walt Disney

Walt Disney Trading Down 0.9%

Walt Disney stock opened at $113.79 on Friday. The Walt Disney Company has a one year low of $80.10 and a one year high of $124.69. The company’s fifty day moving average price is $109.58 and its two-hundred day moving average price is $114.42. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.71 and a quick ratio of 0.65. The company has a market capitalization of $203.15 billion, a price-to-earnings ratio of 16.59, a PEG ratio of 1.57 and a beta of 1.44.

Walt Disney (NYSE:DIS – Get Free Report) last announced its quarterly earnings results on Thursday, November 13th. The entertainment giant reported $1.11 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.08. The company had revenue of $22.46 billion during the quarter, compared to analysts’ expectations of $22.78 billion. Walt Disney had a return on equity of 9.37% and a net margin of 13.14%.The business’s quarterly revenue was down .5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.14 earnings per share. On average, analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Walt Disney Dividend Announcement

The business also recently declared a dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.75 per share. This represents a yield of 139.0%. The ex-dividend date is Tuesday, June 30th. Walt Disney’s dividend payout ratio (DPR) is 21.87%.

Key Headlines Impacting Walt Disney

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About Walt Disney

(Free Report)

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.

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