DAVENPORT & Co LLC Sells 11,809 Shares of The Walt Disney Company $DIS

DAVENPORT & Co LLC trimmed its holdings in shares of The Walt Disney Company (NYSE:DIS) by 6.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 164,190 shares of the entertainment giant’s stock after selling 11,809 shares during the quarter. DAVENPORT & Co LLC’s holdings in Walt Disney were worth $18,800,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of Walt Disney by 1.1% in the second quarter. Vanguard Group Inc. now owns 157,501,484 shares of the entertainment giant’s stock worth $19,531,759,000 after purchasing an additional 1,639,123 shares during the last quarter. State Street Corp grew its stake in Walt Disney by 0.8% in the 2nd quarter. State Street Corp now owns 79,643,043 shares of the entertainment giant’s stock worth $9,915,465,000 after buying an additional 625,893 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Walt Disney by 1.2% in the 2nd quarter. Geode Capital Management LLC now owns 39,992,231 shares of the entertainment giant’s stock worth $4,935,928,000 after buying an additional 458,077 shares during the last quarter. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Walt Disney during the 2nd quarter valued at $4,220,599,000. Finally, Norges Bank bought a new stake in shares of Walt Disney during the 2nd quarter worth $2,618,295,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Wall Street Analysts Forecast Growth

DIS has been the topic of a number of research analyst reports. Needham & Company LLC reissued a “buy” rating and issued a $125.00 target price on shares of Walt Disney in a research note on Thursday, November 13th. Wells Fargo & Company cut their price objective on Walt Disney from $159.00 to $152.00 and set an “overweight” rating for the company in a report on Friday, November 14th. Arete Research raised Walt Disney to a “strong sell” rating in a report on Tuesday, October 28th. Sanford C. Bernstein restated an “outperform” rating on shares of Walt Disney in a research report on Wednesday, November 12th. Finally, Jefferies Financial Group cut their price objective on shares of Walt Disney from $144.00 to $136.00 and set a “buy” rating for the company in a research note on Friday, November 14th. Nineteen investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $134.41.

Walt Disney Price Performance

Shares of NYSE DIS opened at $114.48 on Thursday. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $124.69. The stock has a market capitalization of $204.37 billion, a P/E ratio of 16.69, a P/E/G ratio of 1.56 and a beta of 1.49. The company’s 50-day moving average is $109.35 and its 200 day moving average is $114.56. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.71 and a quick ratio of 0.65.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Thursday, November 13th. The entertainment giant reported $1.11 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.08. Walt Disney had a return on equity of 9.37% and a net margin of 13.14%.The company had revenue of $22.46 billion for the quarter, compared to analyst estimates of $22.78 billion. The firm’s revenue was down .5% on a year-over-year basis. During the same period in the previous year, the company posted $1.14 earnings per share. On average, sell-side analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current year.

Walt Disney Announces Dividend

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

Walt Disney News Summary

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

• Positive Sentiment: Box-office strength: Disney Studios is the only studio to top $6B worldwide in 2025, with Avatar: Fire & Ash contributing roughly $450M — a material tailwind for studio profits and film-monetization. Walt Disney Studios Officially First & Only Studio To Cross $6B WW In 2025; ‘Avatar: Fire & Ash’ At $450M WW
• Positive Sentiment: Earnings/market reaction coverage: Market headlines note Disney beat expectations on key metrics and the stock has traded up, which underscores investor optimism on near-term profitability and valuation (P/E ~16.7). Walt Disney (DIS) Beats Stock Market Upswing: What Investors Need to Know
• Positive Sentiment: M&A fallout may favor Disney: Analysts argue Disney could indirectly benefit from the Warner takeover battle (less competition, better negotiating leverage, or consolidation advantages in content/licensing). That perception supports upside for Disney’s media/streaming franchise. Disney Could Be the Real Winner from the Warner Takeover Battle. Here’s Why.
• Positive Sentiment: Sector rotation thesis: Analysts note shifts into Communication Services (which includes Disney) as rates fall — that macro flow can lift Disney shares as investors seek media/advertising exposure. Sector Rotation: 2 Smart Money Moves for 2026
• Neutral Sentiment: Brand & marketing push: WSJ profiles Disney’s new chief brand officer (Asad Ayaz) as part of a broader effort to refresh the brand and depoliticize messaging — positive for long-term consumer sentiment but takes time to translate to results. The Marketing Master Trying to Make Us Fall in Love With Disney Again
• Neutral Sentiment: Parks & experiences updates: Disney announced ride and dining updates and seasonal programming (including an NBA animated alt-cast and holiday parade performers) — these boost guest engagement and ancillary revenue but are incremental. Disney Announces New Ride and Dining Updates
• Negative Sentiment: Short-term park disruption risk: Cinderella Castle repainting/makeover plans could cause temporary guest disruption or capex spend in 2026 — minor near-term headwind to park operations/guest satisfaction. Cinderella Castle repainting: What Walt Disney World guests need to know

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.