Gibbs Wealth Management Has $2.52 Million Stock Holdings in The Walt Disney Company $DIS

Gibbs Wealth Management grew its position in The Walt Disney Company (NYSE:DIS) by 111.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,143 shares of the entertainment giant’s stock after purchasing an additional 13,800 shares during the quarter. Gibbs Wealth Management’s holdings in Walt Disney were worth $2,520,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of DIS. Swiss RE Ltd. bought a new stake in shares of Walt Disney in the fourth quarter valued at approximately $25,000. Curio Wealth LLC increased its position 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 acquiring an additional 117 shares during the period. Osbon Capital Management LLC acquired a new position in Walt Disney during the 4th quarter valued at $26,000. Sfam LLC bought a new stake in Walt Disney in the 4th quarter valued at $26,000. Finally, Greenline Wealth Management LLC acquired a new stake in Walt Disney in the 4th quarter worth $26,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Trading Down 3.0%

Shares of DIS opened at $92.96 on Friday. The stock has a fifty day moving average price of $99.87 and a two-hundred day moving average price of $102.96. The company has a market cap of $161.42 billion, a price-to-earnings ratio of 14.85, a PEG ratio of 1.21 and a beta of 1.39. 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 Walt Disney Company has a 52-week low of $92.18 and a 52-week high of $123.40.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Wednesday, May 6th. The entertainment giant reported $1.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.08. The business had revenue of $25.17 billion for the quarter, compared to analyst estimates of $24.87 billion. Walt Disney had a return on equity of 8.92% and a net margin of 11.54%.The firm’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.45 earnings per share. Walt Disney has set its FY 2026 guidance at 6.640-6.640 EPS. Analysts predict that The Walt Disney Company will post 6.85 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Needham & Company LLC restated a “buy” rating and set a $125.00 price objective on shares of Walt Disney in a report on Friday, June 12th. Wolfe Research set a $131.00 target price on shares of Walt Disney in a research note on Tuesday, June 30th. UBS Group decreased their target price on Walt Disney from $138.00 to $133.00 and set a “buy” rating on the stock in a research report on Monday. JPMorgan Chase & Co. raised their price objective on Walt Disney from $139.00 to $140.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 30th. Finally, Citigroup upped their target price on Walt Disney from $135.00 to $145.00 and gave the company a “buy” rating in a research note on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $129.00.

Walt Disney News Roundup

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

• Negative Sentiment: Disney is reporting another round of layoffs across Pixar, ESPN, and National Geographic, with several hundred jobs reportedly being cut. Investors may see this as a sign that management is still working through restructuring challenges rather than showing clean operating momentum. Disney reportedly lays off hundreds of employees, Pixar hit hard despite blockbuster success
• Negative Sentiment: Market commentary is pointing to Disney’s stock weakness near its 52-week low, with attention on whether the company can deliver a rebound in upcoming earnings after recent pressure on the shares. Why Is Walt Disney Stock Falling Thursday?
• Negative Sentiment: Analysts continue to trim expectations for Disney, reinforcing concern that the stock may need stronger-than-expected fundamentals to recover. UBS Group Has Lowered Expectations for Walt Disney (NYSE:DIS) Stock Price
• Neutral Sentiment: Disney announced a multiyear brand partnership with Kraft Heinz and also promoted upcoming content and experiences, including a Disney+ documentary and an Avengers: Doomsday trailer, which may help support the long-term story but are not enough to offset the current selling pressure. Walt Disney (DIS) Teams Up With Kraft Heinz, Is The Stock Still Cheap?

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.