Walt Disney Stock Maintains "Moderate Buy" Rating Amidst Institutional Investor Activity and Strong Q2 Earnings

Walt Disney Company (DIS) Stock Update: Analyst Ratings and Institutional Ownership

Recent SEC filings and analyst reports provide a comprehensive overview of The Walt Disney Company's (NYSE:DIS) stock performance. Several institutional investors have adjusted their positions, and analysts have updated their price targets, offering valuable insights for investors.

Institutional Investor Activity

Several institutional investors and hedge funds have been actively trading Walt Disney (DIS) shares. MassMutual Private Wealth & Trust FSB trimmed its position by 13.4% in the second quarter, while Swedbank AB decreased its holdings by 0.8% in the first quarter. However, many other firms, including Mpwm Advisory Solutions LLC, MJT & Associates Financial Advisory Group Inc., and Kessler Investment Group LLC, either acquired new stakes or increased their existing positions in DIS. Overall, approximately 65.71% of Walt Disney's stock is held by institutional investors and hedge funds.

• MassMutual Private Wealth & Trust FSB sold 7,755 shares.
• Swedbank AB sold 28,185 shares.
• Various firms initiated new positions or increased existing holdings.

Analyst Ratings and Price Targets

Analysts have been actively evaluating Walt Disney's (DIS) potential. Loop Capital, Needham & Company LLC, and Citigroup have increased their price targets, while others have reaffirmed their existing ratings. The consensus rating for DIS is currently "Moderate Buy," with an average target price of $131.18, according to MarketBeat. Reports indicate a mixed sentiment, with some analysts remaining neutral while others express bullish outlooks.

Several firms have updated their recommendations:

• Loop Capital increased its price target to $130.00 with a "buy" rating.
• Citigroup increased its price target to $140.00 with a "buy" rating.
• UBS Group boosted its target price to $138.00, maintaining a "buy" rating.

DIS Stock Performance and Financial Metrics

Walt Disney (NYSE:DIS) stock has shown recent fluctuations. Recent trading saw the stock around the $115 range. The company boasts a market capitalization of $207.30 billion, with key financial ratios including a P/E ratio of 18.07 and a debt-to-equity ratio of 0.32. The company’s earnings continue to be watched closely.

Recent Earnings and Company Overview

Walt Disney reported its latest quarterly earnings on August 6th, exceeding expectations with an EPS of $1.61, $0.16 above analyst estimates. The company's revenue for the quarter reached $23.65 billion. The Walt Disney Company operates in three segments: Entertainment, Sports, and Experiences. Its vast portfolio includes various television networks and studios, such as ABC, Disney, Pixar, and Marvel, among others.

The Walt Disney Company continues to operate as an entertainment company worldwide, focusing on producing and distributing content across various platforms. Investors and analysts are closely monitoring the company's performance and strategic decisions.