Investment Analysts’ Weekly Ratings Updates for Walt Disney (DIS)

A number of firms have modified their ratings and price targets on shares of Walt Disney (NYSE: DIS) recently:

• 5/8/2024 – Walt Disney had its price target lowered by analysts at Barclays PLC from $135.00 to $130.00. They now have an “overweight” rating on the stock.
• 5/8/2024 – Walt Disney had its price target lowered by analysts at Evercore ISI from $130.00 to $128.00. They now have an “outperform” rating on the stock.
• 5/8/2024 – Walt Disney had its price target lowered by analysts at UBS Group AG from $140.00 to $130.00. They now have a “buy” rating on the stock.
• 5/7/2024 – Walt Disney had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $145.00 price target on the stock.
• 5/6/2024 – Walt Disney had its price target raised by analysts at Loop Capital from $113.00 to $140.00. They now have a “buy” rating on the stock.
• 5/6/2024 – Walt Disney had its price target raised by analysts at Deutsche Bank Aktiengesellschaft from $125.00 to $130.00. They now have a “buy” rating on the stock.
• 4/23/2024 – Walt Disney had its price target raised by analysts at Wells Fargo & Company from $128.00 to $141.00. They now have an “overweight” rating on the stock.
• 4/11/2024 – Walt Disney is now covered by analysts at JPMorgan Chase & Co.. They set an “overweight” rating and a $140.00 price target on the stock.
• 4/10/2024 – Walt Disney had its price target raised by analysts at Argus from $125.00 to $140.00. They now have a “buy” rating on the stock.
• 4/8/2024 – Walt Disney had its price target raised by analysts at Evercore ISI from $115.00 to $130.00. They now have an “outperform” rating on the stock.
• 4/3/2024 – Walt Disney had its price target raised by analysts at Guggenheim from $125.00 to $140.00. They now have a “buy” rating on the stock.
• 4/2/2024 – Walt Disney had its price target raised by analysts at Rosenblatt Securities from $129.00 to $137.00. They now have a “buy” rating on the stock.
• 4/1/2024 – Walt Disney had its price target raised by analysts at Bank of America Co. from $130.00 to $145.00. They now have a “buy” rating on the stock.
• 4/1/2024 – Walt Disney had its “buy” rating reaffirmed by analysts at Daiwa Capital Markets. They now have a $133.00 price target on the stock.
• 3/28/2024 – Walt Disney had its price target raised by analysts at Needham & Company LLC from $120.00 to $145.00. They now have a “buy” rating on the stock.
• 3/27/2024 – Walt Disney had its price target raised by analysts at UBS Group AG from $120.00 to $140.00. They now have a “buy” rating on the stock.
• 3/26/2024 – Walt Disney had its price target raised by analysts at Raymond James from $112.00 to $128.00. They now have an “outperform” rating on the stock.
• 3/25/2024 – Walt Disney was upgraded by analysts at Barclays PLC from an “equal weight” rating to an “overweight” rating. They now have a $135.00 price target on the stock, up previously from $95.00.

Walt Disney Stock Up 0.3 %

Walt Disney stock opened at $105.80 on Friday. The business’s 50-day moving average price is $114.48 and its 200 day moving average price is $101.24. The company has a quick ratio of 0.77, a current ratio of 0.84 and a debt-to-equity ratio of 0.39. The firm has a market cap of $194.07 billion, a price-to-earnings ratio of 115.00, a price-to-earnings-growth ratio of 1.39 and a beta of 1.40. The Walt Disney Company has a 52 week low of $78.73 and a 52 week high of $123.74.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Tuesday, May 7th. The entertainment giant reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $1.12 by $0.09. Walt Disney had a net margin of 3.36% and a return on equity of 7.88%. The business had revenue of $22.08 billion for the quarter, compared to analysts’ expectations of $22.12 billion. During the same quarter last year, the company earned $0.93 EPS. The business’s revenue was up 1.2% on a year-over-year basis. As a group, sell-side analysts anticipate that The Walt Disney Company will post 4.7 earnings per share for the current year.

Insider Buying and Selling at Walt Disney

In other news, EVP Sonia L. Coleman sold 1,857 shares of the stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $121.92, for a total transaction of $226,405.44. Following the sale, the executive vice president now directly owns 4,400 shares of the company’s stock, valued at approximately $536,448. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, EVP Sonia L. Coleman sold 1,857 shares of the company’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $121.92, for a total transaction of $226,405.44. Following the completion of the transaction, the executive vice president now directly owns 4,400 shares of the company’s stock, valued at approximately $536,448. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director James P. Gorman purchased 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 8th. The stock was bought at an average cost of $106.03 per share, for a total transaction of $2,120,600.00. Following the purchase, the director now directly owns 20,467 shares in the company, valued at approximately $2,170,116.01. The disclosure for this purchase can be found here. 0.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of DIS. Planned Solutions Inc. purchased a new position in Walt Disney in the 4th quarter valued at $26,000. Gold Investment Management Ltd. purchased a new position in shares of Walt Disney in the fourth quarter worth about $28,000. Partnership Wealth Management LLC acquired a new position in Walt Disney during the fourth quarter worth about $33,000. Stone House Investment Management LLC grew its stake in Walt Disney by 355.3% during the 4th quarter. Stone House Investment Management LLC now owns 346 shares of the entertainment giant’s stock valued at $31,000 after acquiring an additional 270 shares in the last quarter. Finally, Red Tortoise LLC raised its holdings in Walt Disney by 141.4% in the 1st quarter. Red Tortoise LLC now owns 367 shares of the entertainment giant’s stock valued at $45,000 after acquiring an additional 215 shares during the last quarter. 65.71% of the stock is owned by hedge funds and other institutional investors.

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.