Summit Securities Group LLC Sells 16,579 Shares of The Walt Disney Company $DIS

Summit Securities Group LLC cut its position in shares of The Walt Disney Company (NYSE:DIS) by 92.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,421 shares of the entertainment giant’s stock after selling 16,579 shares during the period. Summit Securities Group LLC’s holdings in Walt Disney were worth $137,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of DIS. Franklin Resources Inc. lifted its position in Walt Disney by 29.2% during the fourth quarter. Franklin Resources Inc. now owns 8,522,860 shares of the entertainment giant’s stock worth $969,646,000 after acquiring an additional 1,924,200 shares during the last quarter. Aviva PLC boosted its holdings in shares of Walt Disney by 5.5% during the fourth quarter. Aviva PLC now owns 1,516,177 shares of the entertainment giant’s stock worth $172,495,000 after acquiring an additional 78,914 shares during the period. World Investment Advisors grew its position in shares of Walt Disney by 18.8% in the fourth quarter. World Investment Advisors now owns 96,476 shares of the entertainment giant’s stock valued at $10,976,000 after purchasing an additional 15,243 shares during the last quarter. Xponance LLC grew its position in shares of Walt Disney by 7.5% in the fourth quarter. Xponance LLC now owns 291,158 shares of the entertainment giant’s stock valued at $33,125,000 after purchasing an additional 20,266 shares during the last quarter. Finally, Park Avenue Securities LLC increased its stake in shares of Walt Disney by 23.1% during the fourth quarter. Park Avenue Securities LLC now owns 61,677 shares of the entertainment giant’s stock worth $7,016,000 after purchasing an additional 11,570 shares during the period. 65.71% of the stock is owned by institutional investors.

Walt Disney News Roundup

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

• Positive Sentiment: Disney is being linked to the growing battle for major live sports rights, including the FIFA World Cup, which could support its sports and streaming strategy and highlight the value of ESPN and Disney’s broader media assets. FuboTV names Disney’s Bowen CEO, removes veteran Gandler
• Positive Sentiment: Reports that Disney is exploring a free tier for Disney+ suggest management is looking for new ways to broaden reach and compete more effectively with ad-supported platforms like YouTube, which could help user growth and advertising revenue over time. Disney is exploring adding a free tier for Disney+ as YouTube draws TV viewers
• Positive Sentiment: Disney continues to receive recognition for its content pipeline, including 125 Emmy nominations, reinforcing the strength of its studio and TV brands. The Walt Disney Company Earns 125 Emmy® Award Nominations in 2026. See the List!
• Neutral Sentiment: Disney’s appointment of veteran executive Alisa Bowen as FuboTV’s new CEO is noteworthy, but the direct financial impact on Disney’s stock is limited and mostly reflects Disney talent being valued across the industry. FuboTV Appoints Former Disney Executive Alisa Bowen to CEO
• Neutral Sentiment: Disney-related coverage around parks, merchandising, and executive changes signals continued operational activity, but these items are not major stock drivers on their own. Joe Schott Will Become Walt Disney World President in August
• Negative Sentiment: Several articles flagged weak early reception for Disney’s live-action Moana remake, with poor Rotten Tomatoes scores and negative box office expectations, which could weigh on sentiment around Disney’s film slate and remake strategy. The ‘Moana’ Rotten Tomatoes Critic Review Score Is A Disney Disaster
• Negative Sentiment: Analyst commentary and market articles also point to concerns about Disney’s movie business, with one Raymond James price target cut citing softer film-related trends, which may be contributing to pressure on the shares. Disney (DIS) Has A Movies Problem, But Here’s How Its Parks Are Solving It

Wall Street Analyst Weigh In

Several analysts recently weighed in on DIS shares. Weiss Ratings cut Walt Disney from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 11th. Wolfe Research set a $131.00 price objective on Walt Disney in a report on Tuesday, June 30th. Guggenheim increased their price objective on Walt Disney from $115.00 to $120.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Phillip Securities raised Walt Disney from a “moderate buy” rating to a “strong-buy” rating in a report on Monday, May 11th. Finally, Wells Fargo & Company reduced their target price on shares of Walt Disney from $148.00 to $146.00 and set an “overweight” rating for the company in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $133.33.

Walt Disney Stock Performance

NYSE:DIS opened at $96.07 on Friday. The company has a market cap of $166.82 billion, a price-to-earnings ratio of 15.35, a PEG ratio of 1.22 and a beta of 1.39. The Walt Disney Company has a fifty-two week low of $92.18 and a fifty-two week high of $123.40. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.62 and a current ratio of 0.68. The stock has a fifty day moving average price of $101.62 and a 200-day moving average price of $104.18.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Wednesday, May 6th. The entertainment giant reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.49 by $0.08. The company had revenue of $25.17 billion for the quarter, compared to analysts’ expectations of $24.87 billion. Walt Disney had a return on equity of 8.92% and a net margin of 11.54%.Walt Disney’s revenue was up 6.5% on a year-over-year basis. During the same quarter last year, the business earned $1.45 earnings per share. 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 6.86 EPS for the current fiscal 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.