First Fiduciary Investment Counsel Inc. Sells 5,577 Shares of The Walt Disney Company $DIS

First Fiduciary Investment Counsel Inc. lessened its stake in shares of The Walt Disney Company (NYSE:DIS) by 4.4% during the third quarter, Holdings Channel.com reports. The firm owned 120,990 shares of the entertainment giant’s stock after selling 5,577 shares during the period. Walt Disney accounts for about 2.4% of First Fiduciary Investment Counsel Inc.’s portfolio, making the stock its 17th biggest position. First Fiduciary Investment Counsel Inc.’s holdings in Walt Disney were worth $12,692,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Cim Investment Management Inc. increased its holdings in shares of Walt Disney by 66.2% during the second quarter. Cim Investment Management Inc. now owns 13,883 shares of the entertainment giant’s stock valued at $1,336,000 after acquiring an additional 5,530 shares in the last quarter. Cullen Capital Management LLC acquired a new position in shares of Walt Disney during the second quarter worth approximately $4,092,000. Windsor Advisory Group LLC raised its position in shares of Walt Disney by 297.9% during the first quarter. Windsor Advisory Group LLC now owns 10,082 shares of the entertainment giant’s stock worth $972,000 after purchasing an additional 7,548 shares during the period. Weiss Asset Management LP acquired a new position in shares of Walt Disney during the first quarter worth approximately $694,000. Finally, Wedge Capital Management L L P NC lifted its holdings in shares of Walt Disney by 8.9% in the 2nd quarter. Wedge Capital Management L L P NC now owns 352,069 shares of the entertainment giant’s stock worth $33,887,000 after purchasing an additional 28,777 shares in the last quarter. Institutional investors own 65.71% of the company’s stock.

Trending Headlines about Walt Disney

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

• Positive Sentiment: Analysts expect Disney’s fourth-quarter earnings per share to increase by more than 50% year over year. Strong earnings expectations could support the stock if Disney delivers on growth in streaming, entertainment and parks. Walt Disney Earnings Preview: What to Expect
• Positive Sentiment: Disney reportedly bid $20 million for a nonexclusive, perpetual license to Character.AI technology and offered positions to most of its engineers. The move could strengthen Disney’s artificial-intelligence capabilities, although the financial impact and strategic benefits remain uncertain. Walt Disney Bids For Character.AI
• Positive Sentiment: Disney and Channel 4 reached a deal to bring Channel 4 content to Disney+, potentially improving the streaming service’s content offering and international appeal. Channel 4 and Disney+ Deal
• Neutral Sentiment: A comparison with Versant focuses on which media company offers better value, keeping attention on Disney’s valuation rather than identifying a new company-specific catalyst. VSNT or DIS: Which Is the Better Value Stock Right Now?
• Negative Sentiment: Disney’s decline while the broader market gained indicates near-term selling pressure and investor reluctance to bid up the shares before earnings. The report did not identify a new operational problem, so the move may reflect positioning, valuation concerns or profit-taking. Walt Disney Stock Drops Despite Market Gains
• Negative Sentiment: Netflix’s weaker forward revenue outlook and slowing growth pressured its shares, potentially reinforcing broader concerns about streaming-sector growth and competition ahead of Disney’s results. Netflix Growth Concerns

Analyst Ratings Changes

Several analysts recently issued reports on DIS shares. Barclays lifted their price target on shares of Walt Disney from $110.00 to $115.00 and gave the company an “overweight” rating in a research report on Thursday, August 6th. Citigroup boosted their price target on shares of Walt Disney from $135.00 to $140.00 and gave the company a “buy” rating in a research note on Friday, October 16th. Weiss Ratings upgraded shares of Walt Disney from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, October 9th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Walt Disney in a research note on Tuesday, October 6th. Finally, Benchmark reiterated a “buy” rating on shares of Walt Disney in a report on Monday, August 31st. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $128.16.

Walt Disney Stock Performance

Shares of DIS opened at $109.08 on Thursday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.65 and a current ratio of 0.71. The stock has a 50 day moving average price of $107.21 and a two-hundred day moving average price of $103.62. The firm has a market capitalization of $188.35 billion, a P/E ratio of 22.49, a P/E/G ratio of 1.30 and a beta of 1.41. The Walt Disney Company has a 52 week low of $92.18 and a 52 week high of $117.09.

Walt Disney (NYSE:DIS) last posted its earnings results on Wednesday, August 5th. The entertainment giant reported $2.06 earnings per share for the quarter, beating analysts’ consensus estimates of $1.86 by $0.20. Walt Disney had a return on equity of 9.90% and a net margin of 8.70%. The company had revenue of $25.25 billion for the quarter, compared to analyst estimates of $25.39 billion. During the same quarter last year, the company earned $1.61 earnings per share. The company’s revenue for the quarter was up 6.8% on a year-over-year basis. Walt Disney has set its FY 2026 guidance at 6.642-6.642 EPS. Equities analysts forecast that The Walt Disney Company will post 6.92 earnings per share for the current fiscal year.

Insider Buying and Selling at Walt Disney

In other Walt Disney news, EVP Paul M. Roeder sold 3,596 shares of the firm’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $106.32, for a total transaction of $382,326.72. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Brent Woodford sold 2,856 shares of Walt Disney stock in a transaction on Friday, October 16th. The stock was sold at an average price of $111.68, for a total transaction of $318,958.08. Following the transaction, the executive vice president directly owned 62,995 shares in the company, valued at $7,035,281.60. This represents a 4.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 20,926 shares of company stock valued at $2,232,126 in the last quarter. 0.17% of the stock is currently owned by corporate insiders.

Walt Disney Profile

The Walt Disney Company (NYSE: DIS) is a global entertainment and media company that develops, produces and distributes branded content through film studios, television networks and streaming services. Its portfolio includes Disney, Pixar, Marvel, Star Wars, National Geographic and other entertainment brands, with distribution through services such as Disney+ and Hulu.

Disney also operates ESPN and related sports media businesses, as well as theme parks, resorts, cruise lines and vacation experiences.