Allstate Corp Grows Stock Position in The Walt Disney Company $DIS

Allstate Corp raised its position in shares of The Walt Disney Company (NYSE:DIS) by 1,901.7% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 65,975 shares of the entertainment giant’s stock after acquiring an additional 62,679 shares during the period. Allstate Corp’s holdings in Walt Disney were worth $7,554,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. DiNuzzo Private Wealth Inc. lifted its stake in Walt Disney by 82.5% in the second quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock worth $26,000 after acquiring an additional 94 shares during the period. Copeland Capital Management LLC bought a new position in Walt Disney in the third quarter worth approximately $25,000. Harbor Asset Planning Inc. purchased a new stake in Walt Disney during the second quarter worth $37,000. Total Investment Management Inc. purchased a new position in Walt Disney in the second quarter valued at about $37,000. Finally, Howard Hughes Medical Institute purchased a new position in shares of Walt Disney in the 2nd quarter worth approximately $48,000. 65.71% of the stock is owned by institutional investors.

Walt Disney Trading Down 1.8%

Shares of NYSE:DIS opened at $111.35 on Monday. The business’s 50 day moving average price is $110.00 and its 200-day moving average price is $113.82. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $124.69. The firm has a market capitalization of $198.79 billion, a price-to-earnings ratio of 16.23, a price-to-earnings-growth ratio of 1.55 and a beta of 1.44. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.71 and a quick ratio of 0.65.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Thursday, November 13th. The entertainment giant reported $1.11 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.08. The firm had revenue of $22.46 billion for the quarter, compared to analyst estimates of $22.78 billion. Walt Disney had a net margin of 13.14% and a return on equity of 9.37%. Walt Disney’s quarterly revenue was down .5% compared to the same quarter last year. During the same period last year, the company posted $1.14 EPS. On average, equities research analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Walt Disney Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, July 22nd. Investors of record on Tuesday, June 30th will be paid a dividend of $0.75 per share. This represents a yield of 139.0%. The ex-dividend date of this dividend is Tuesday, June 30th. Walt Disney’s dividend payout ratio is currently 21.87%.

Key Walt Disney News

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

• Positive Sentiment: Dave Filoni named Disney’s new Star Wars chief — a widely respected creative with success on The Clone Wars and The Mandalorian, which investors view as a catalyst for better-managed Star Wars IP and streaming/merchandising upside. Disney Picks a New Star Wars Chief
• Positive Sentiment: Disney creates a unified marketing unit and named Asad Ayaz as first-ever Chief Marketing & Brand Officer — a move aimed at improving cohesion, ad efficiency and cross‑divisional promotion that could help content monetization and park/studio marketing ROI. Disney streamlines marketing into one unit
• Positive Sentiment: Brokerage consensus still leans constructive — a recent roundup shows a “moderate buy” consensus and some analysts retain buy ratings, providing analyst support beneath the shares. Consensus Recommendation
• Neutral Sentiment: Park and consumer updates (new attractions, pricing and visitor guides) keep engagement positive for experiences but are routine and unlikely to move the stock materially on their own. 8 Big Things Changing at Disney World
• Neutral Sentiment: Kathleen Kennedy steps down from Lucasfilm — an important leadership change that is partially offset by Disney installing a high‑profile successor; watch for how this transition is managed operationally. Kathleen Kennedy steps down
• Negative Sentiment: Citigroup trimmed its price target from $145 to $140 (still a Buy) — the cut narrows analyst upside and likely weighed on sentiment even though the rating was maintained. Citigroup price target cut
• Negative Sentiment: Feature pieces highlight the stock’s sluggish performance and risks to CEO Bob Iger’s legacy — narratives about underperformance, streaming profitability and investor patience can amplify downside pressure. Disney’s sluggish stock threatens Iger’s legacy

Analyst Ratings Changes

Several brokerages have recently commented on DIS. Guggenheim reiterated a “buy” rating and set a $140.00 price objective on shares of Walt Disney in a report on Friday, November 14th. Phillip Securities upgraded Walt Disney to a “moderate buy” rating in a research note on Monday, January 12th. Cowen reissued a “hold” rating on shares of Walt Disney in a report on Friday, November 14th. KeyCorp restated a “sector weight” rating on shares of Walt Disney in a research note on Friday, November 14th. Finally, Arete Research raised Walt Disney to a “strong sell” rating in a report on Tuesday, October 28th. Nineteen investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $135.20.

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.