The Walt Disney Company (NYSE:DIS) Stock Holdings Boosted by Buckley Wealth Management LLC

Buckley Wealth Management LLC grew its holdings in shares of The Walt Disney Company (NYSE:DIS) by 24.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,066 shares of the entertainment giant’s stock after buying an additional 597 shares during the period. Buckley Wealth Management LLC’s holdings in Walt Disney were worth $274,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in DIS. Dark Forest Capital Management LP bought a new position in Walt Disney in the 1st quarter valued at about $28,000. Worth Asset Management LLC acquired a new position in shares of Walt Disney during the 1st quarter valued at $29,000. MBM Wealth Consultants LLC lifted its holdings in shares of Walt Disney by 197.6% in the fourth quarter. MBM Wealth Consultants LLC now owns 366 shares of the entertainment giant’s stock valued at $33,000 after buying an additional 243 shares during the period. Silicon Valley Capital Partners acquired a new position in Walt Disney during the fourth quarter worth about $35,000. Finally, Fortis Capital Advisors LLC acquired a new stake in Walt Disney in the 4th quarter valued at about $39,000. 61.17% of the stock is owned by institutional investors.

Walt Disney Stock Performance

Shares of NYSE:DIS opened at $85.03 on Tuesday. The stock has a market capitalization of $155.58 billion, a price-to-earnings ratio of 69.13, a price-to-earnings-growth ratio of 1.72 and a beta of 1.28. The business’s fifty day moving average price is $85.78 and its two-hundred day moving average price is $91.59. The Walt Disney Company has a fifty-two week low of $79.75 and a fifty-two week high of $118.18. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.07 and a quick ratio of 1.00.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Wednesday, August 9th. The entertainment giant reported $1.03 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.04. Walt Disney had a net margin of 2.56% and a return on equity of 6.45%. The firm had revenue of $22.33 billion for the quarter, compared to analysts’ expectations of $22.50 billion. During the same period in the prior year, the firm earned $1.09 earnings per share. The company’s quarterly revenue was up 3.8% compared to the same quarter last year. As a group, analysts predict that The Walt Disney Company will post 3.68 EPS for the current fiscal year.

Insider Transactions at Walt Disney

In other Walt Disney news, EVP Sonia L. Coleman sold 959 shares of the stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $89.05, for a total transaction of $85,398.95. Following the sale, the executive vice president now owns 961 shares of the company’s stock, valued at approximately $85,577.05. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Truist Financial reissued a “buy” rating and set a $105.00 target price on shares of Walt Disney in a research note on Monday, August 21st. KeyCorp dropped their price target on Walt Disney from $120.00 to $107.00 and set an “overweight” rating on the stock in a research note on Thursday, May 25th. Loop Capital reduced their price target on shares of Walt Disney from $120.00 to $110.00 in a research report on Monday, June 26th. Raymond James initiated coverage on Walt Disney in a research report on Monday. They set an “outperform” rating and a $97.00 price objective for the company. Finally, Morgan Stanley reduced their price target on Walt Disney from $110.00 to $105.00 and set an “overweight” rating for the company in a report on Wednesday, July 26th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and eighteen have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $114.58.

About Walt Disney

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. The company engages in the film and episodic television content production and distribution activities, as well as operates television networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces films under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners.