Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of The Walt Disney Company (NYSE:DIS). In a filing disclosed on February 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Walt Disney stock on January 13th. The trade occurred in the Representative’s “JOINT OWNERSHIP LPL ACCOUNT” account.
Representative Robert Bresnahan, Jr. also recently made the following trade(s):
- Sold $15,001 – $50,000 in shares of Lowe’s Companies (NYSE:LOW) on 2/7/2025.
- Purchased $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 2/3/2025.
- Purchased $1,001 – $15,000 in shares of Take-Two Interactive Software (NASDAQ:TTWO) on 2/3/2025.
- Purchased $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 2/3/2025.
- Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/30/2025.
- Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/30/2025.
- Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/29/2025.
- Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 1/29/2025.
- Sold $1,001 – $15,000 in shares of Manhattan Associates (NASDAQ:MANH) on 1/29/2025.
- Sold $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 1/29/2025.
Walt Disney Stock Up 0.7 %
Shares of DIS traded up $0.72 during midday trading on Friday, reaching $110.31. 5,961,562 shares of the stock were exchanged, compared to its average volume of 8,609,331. The Walt Disney Company has a 12-month low of $83.91 and a 12-month high of $123.74. The firm has a 50 day simple moving average of $111.14 and a 200-day simple moving average of $101.78. The company has a quick ratio of 0.67, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The company has a market cap of $199.42 billion, a price-to-earnings ratio of 35.93, a P/E/G ratio of 1.95 and a beta of 1.42.
Walt Disney Increases Dividend
The company also recently declared a semi-annual dividend, which was paid on Thursday, January 16th. Stockholders of record on Monday, December 16th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, December 16th. This is an increase from Walt Disney’s previous semi-annual dividend of $0.45. This represents a dividend yield of 0.6%. Walt Disney’s dividend payout ratio (DPR) is 32.57%.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on the company. Bank of America raised their price objective on Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Prescient Securities cut their price objective on Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 4th. Macquarie reaffirmed a “neutral” rating and issued a $110.00 target price on shares of Walt Disney in a report on Monday, January 6th. Loop Capital raised their target price on Walt Disney from $120.00 to $125.00 and gave the company a “buy” rating in a report on Friday, November 15th. Finally, Guggenheim raised their target price on Walt Disney from $110.00 to $130.00 and gave the company a “buy” rating in a report on Friday, November 15th. Six equities research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $125.85.
Check Out Our Latest Research Report on DIS
Hedge Funds Weigh In On Walt Disney
Hedge funds and other institutional investors have recently modified their holdings of the stock. Meiji Yasuda Life Insurance Co raised its position in Walt Disney by 1.0% in the 4th quarter. Meiji Yasuda Life Insurance Co now owns 82,690 shares of the entertainment giant’s stock valued at $9,208,000 after purchasing an additional 816 shares during the last quarter. Pennington Partners & CO. LLC bought a new position in Walt Disney in the 4th quarter valued at $242,000. South Plains Financial Inc. bought a new position in Walt Disney in the 4th quarter valued at $825,000. Itau Unibanco Holding S.A. raised its position in Walt Disney by 193.6% in the 4th quarter. Itau Unibanco Holding S.A. now owns 9,879 shares of the entertainment giant’s stock valued at $1,097,000 after purchasing an additional 6,514 shares during the last quarter. Finally, Eagle Strategies LLC bought a new position in Walt Disney in the 4th quarter valued at $219,000. Institutional investors own 65.71% of the company’s stock.
Insider Buying and Selling at Walt Disney
In other news, CEO Robert A. Iger sold 372,412 shares of the business’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $114.57, for a total transaction of $42,667,242.84. Following the completion of the sale, the chief executive officer now owns 226,767 shares in the company, valued at $25,980,695.19. The trade was a 62.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Brent Woodford sold 5,000 shares of the business’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $113.62, for a total value of $568,100.00. Following the sale, the executive vice president now owns 44,055 shares of the company’s stock, valued at approximately $5,005,529.10. The trade was a 10.19 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 385,412 shares of company stock worth $44,153,263. 0.16% of the stock is currently owned by insiders.
About Representative Bresnahan
Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.
Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.
About Walt Disney
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.
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