Cibc World Market Inc. Sells 36,174 Shares of The Walt Disney Company $DIS

Cibc World Market Inc. reduced its position in The Walt Disney Company (NYSE:DIS) by 7.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 470,275 shares of the entertainment giant’s stock after selling 36,174 shares during the quarter. Cibc World Market Inc.’s holdings in Walt Disney were worth $53,503,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. JPL Wealth Management LLC purchased a new position in shares of Walt Disney during the third quarter worth about $30,000. Bare Financial Services Inc increased its holdings in shares of Walt Disney by 48.5% in the third quarter. Bare Financial Services Inc now owns 291 shares of the entertainment giant’s stock worth $33,000 after buying an additional 95 shares during the period. Basepoint Wealth LLC bought a new stake in Walt Disney in the fourth quarter valued at approximately $36,000. Eagle Bay Advisors LLC bought a new stake in Walt Disney during the 4th quarter valued at $37,000. Finally, GGM Financials LLC bought a new position in shares of Walt Disney during the third quarter valued at about $43,000. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

DIS has been the subject of a number of research analyst reports. Weiss Ratings raised Walt Disney from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 27th. Needham & Company LLC reissued a “buy” rating and issued a $125.00 price target on shares of Walt Disney in a research report on Tuesday, March 31st. JPMorgan Chase & Co. upped their target price on shares of Walt Disney from $138.00 to $139.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Phillip Securities upgraded shares of Walt Disney from a “moderate buy” rating to a “strong-buy” rating in a report on Monday, May 11th. Finally, Citigroup raised their price target on shares of Walt Disney from $135.00 to $145.00 and gave the company a “buy” rating in a research report on Friday, May 8th. One 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 assigned a Sell rating to the company’s stock. According to MarketBeat, Walt Disney currently has an average rating of “Moderate Buy” and a consensus target price of $134.47.

Walt Disney Price Performance

DIS opened at $99.41 on Friday. The company’s 50-day simple moving average is $101.74 and its two-hundred day simple moving average is $105.44. 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 market capitalization of $172.62 billion, a P/E ratio of 15.88, a P/E/G ratio of 1.30 and a beta of 1.39. The Walt Disney Company has a 52-week low of $92.18 and a 52-week high of $124.69.

Walt Disney (NYSE:DIS) last announced 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. Walt Disney had a net margin of 11.54% and a return on equity of 8.92%. The firm had revenue of $25.17 billion during the quarter, compared to analyst estimates of $24.87 billion. During the same period in the previous year, the business posted $1.45 earnings per share. The business’s revenue for the quarter was up 6.5% on a year-over-year basis. Walt Disney has set its FY 2026 guidance at 6.640-6.640 EPS. As a group, analysts predict that The Walt Disney Company will post 6.85 EPS for the current year.

Walt Disney 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.