Netflix, Disney face higher costs under new Canadian content rules
Canada's new Online Streaming Act will require streaming platforms like Netflix and Disney to allocate 15% of their annual Canadian revenue to local content, a significant increase from the previous 5%. This move, aimed at supporting Canadian and Indigenous content creation, has drawn criticism from US trade representatives and the Motion Picture Association, who argue it will increase costs and violate trade agreements. Traditional broadcasters will see their content contribution requirement decrease from 30-45% to 25%.
Wrapmanager Inc. Grows Stock Position in Netflix, Inc. $NFLX
Wrapmanager Inc. significantly increased its stake in Netflix, Inc. by 753.2% in the fourth quarter, now owning 13,532 shares valued at approximately $1.27 million. Other institutional investors also boosted their positions, with 80.93% of Netflix shares owned by hedge funds and institutions. The company has recently seen positive news regarding its ad-supported tier surpassing 250 million viewers and expansion into live programming, though some analysts express concerns about its valuation.
Could Apple, Amazon, Or Netflix Buy IMAX? This Analyst Sees Rising M&A Appeal For The Company
A Benchmark analyst views IMAX as a rising M&A target for tech and media giants like Apple, Amazon, and Netflix, following reports of the company exploring a potential sale. The analyst raised IMAX's price target to $60 from $44 and maintained a 'Buy' rating, emphasizing that the company's strategic value, premium global cinema footprint, and brand equity are not fully reflected in its current stock price. This move comes as premium theatrical formats, which IMAX leads, are growing faster than the overall box office, capturing a significant share of ticket sales.
Heritage Investors Management Corp Boosts Stake in The Walt Disney Company $DIS
Heritage Investors Management Corp increased its stake in The Walt Disney Company by 2.1% in Q4, accumulating 414,158 shares valued at approximately $47.1 million. This increase reflects broader institutional investor confidence in Disney, which recently reported stronger-than-expected quarterly results, with EPS of $1.57 and revenue of $25.17 billion. Despite a "Moderate Buy" consensus from analysts and an average price target of $134.47, Disney is facing legal challenges related to facial-recognition technology at its theme parks.
Diamond Hill Capital Management Inc. Sells 182,104 Shares of The Walt Disney Company $DIS
Diamond Hill Capital Management Inc. reduced its stake in The Walt Disney Company by 5.7% in the fourth quarter, selling over 182,000 shares but still holding 3,023,740 shares valued at approximately $344 million. This comes as Disney recently exceeded Wall Street's fiscal Q2 expectations and analysts continue to raise price targets, despite the company facing challenges like lawsuits over facial-recognition technology at its theme parks. Other institutional investors like Vanguard Group Inc. and State Street Corp, however, increased their positions.
Axxcess Wealth Management LLC Boosts Stock Position in Netflix, Inc. $NFLX
Axxcess Wealth Management LLC significantly increased its stake in Netflix, Inc. (NASDAQ:NFLX) in the fourth quarter, adding almost 2 million shares and bringing its total holding to over 2 million shares valued at approximately $188.7 million. This substantial increase reflects strong institutional interest in Netflix, with various hedge funds also adjusting their positions. The article further highlights positive recent business updates for Netflix, including the growth of its ad-supported tier and expansion into live content.
Disney Consumer Products Ushers in a New Era of Collaboration and Culture at Licensing Expo with ‘Icons Unleashed’
At this year's Licensing Expo, Disney Consumer Products (DCP) highlighted its strategy to evolve storytelling into enduring franchises and lifestyle businesses, emphasizing collaboration and cultural relevance. Under the theme "Icons Unleashed," Disney showcased how its brands are activated across various lifestyle pillars like fashion, food, music, sports, and wellness, guiding licensees through holiday 2027 and beyond. The company aims to drive year-round engagement and unlock new opportunities by expanding iconic characters across product categories and lifestyle collaborations.
Players Era, MGM Resorts International and ESPN Announce Brackets and Tournament Arena Locations for 2026 Players Era Men’s Championships
Players Era, MGM Resorts International, and ESPN have announced the brackets and arena locations for the 2026 Players Era Men's Championships. The event will feature two tournaments, the Players Era 8 and Players Era 16, held in Las Vegas at Michelob ULTRA Arena and T-Mobile Arena in November 2026, with all 37 games broadcast on ESPN networks. The championships will showcase top college basketball programs, including past national champions and numerous teams from the 2026 NCAA Tournament, promising a high-level early-season competition.
Dolby Keeps Defensive Patent Suit Against InterDigital Alive
A federal judge in California has rejected InterDigital Inc.'s attempt to dismiss a preemptive patent suit filed by Dolby Laboratories Inc. This suit was initiated by Dolby after InterDigital sued several Dolby customers, including The Walt Disney Co., for patent infringement related to Dolby Vision technology used in Disney+. The judge determined that InterDigital's actions against Dolby's customers created sufficient controversy for Dolby's defensive suit to proceed, even without a direct infringement claim against Dolby itself.
The Walt Disney Company stock (US9314271084): Q2 earnings beat keeps long?term story in focus
The Walt Disney Company exceeded fiscal Q2 2026 earnings expectations and reaffirmed its full-year guidance, alleviating concerns about streaming losses and park demand. The company's core business model blends film studios, TV networks, streaming services, and theme parks, creating intellectual property and monetizing it across various platforms. Disney's future performance hinges on balancing content spending, pricing power, and guest volumes within its diverse portfolio.
Hasbro, Inc. (NASDAQ:HAS) Q1 2026 Earnings Call Transcript
Hasbro reported a strong start to 2026, with Q1 revenue up 13% driven by Wizards of the Coast, and adjusted EPS increasing 41% to $1.47, beating expectations. The company reaffirmed its full-year guidance, anticipating 3% to 5% consolidated revenue growth and 24% to 25% adjusted operating margins, despite facing challenges like a cybersecurity incident and rising oil costs which are largely mitigated by other productivity efforts. Magic: The Gathering continues its robust performance with record-breaking set releases and successful collaborations, while Consumer Products show positive point-of-sale momentum with upcoming major entertainment tie-ins helping to recover revenue delayed by the cyber event.
10,669 Shares in The Walt Disney Company $DIS Purchased by Mach 1 Financial Group LLC
Mach 1 Financial Group LLC recently acquired 10,669 shares of The Walt Disney Company (NYSE:DIS) for approximately $1.214 million in the fourth quarter. This acquisition highlights continued institutional investor interest in Disney, with 65.71% of the stock held by hedge funds and institutions. The company reported strong Q4 earnings, surpassing analyst expectations with $1.57 EPS on $25.17 billion in revenue, maintaining a "Moderate Buy" consensus rating among analysts with a target price of $134.47.
Leonteq Securities AG Takes $8.42 Million Position in The Walt Disney Company $DIS
Leonteq Securities AG has initiated a new position in The Walt Disney Company (NYSE:DIS) by purchasing 74,000 shares valued at approximately $8.42 million in the fourth quarter. Other institutional investors like Viking Global Investors LP and Vanguard Group Inc. also made significant changes to their Disney holdings. The Walt Disney Company recently reported strong quarterly earnings, beating analyst expectations with $1.57 EPS on $25.17 billion in revenue, leading to a "Moderate Buy" consensus rating and an average price target of $134.47 from analysts.
IFP Advisors Inc Boosts Position in The Walt Disney Company $DIS
IFP Advisors Inc increased its stake in The Walt Disney Company by 25.8% in the fourth quarter, bringing their total holdings to 44,733 shares valued at $5,089,000. Other institutional investors like Viking Global Investors LP and State Street Corp also made significant moves in Disney stock. The company recently reported strong earnings, beating analyst estimates, and analysts have a "Moderate Buy" consensus rating with a target price of $134.47.
Envestnet Portfolio Solutions Inc. Acquires 21,594 Shares of The Walt Disney Company $DIS
Envestnet Portfolio Solutions Inc. increased its stake in The Walt Disney Company (NYSE:DIS) by 38.5% in the fourth quarter, acquiring an additional 21,594 shares to hold a total of 77,741 shares valued at $8.85 million. Other institutional investors also modified their holdings, reflecting strong overall institutional interest with hedge funds and institutions owning 65.71% of the stock. Analysts generally maintain a "Moderate Buy" rating for Disney with a consensus price target of $134.47, following the company's recent earnings beat of $1.57 EPS on $25.17 billion in revenue.
Northwestern Mutual Wealth Management Co. Cuts Position in The Walt Disney Company $DIS
Northwestern Mutual Wealth Management Co. significantly reduced its stake in The Walt Disney Company by 52.5% in the fourth quarter, selling over 151,000 shares. Despite this, Wall Street analysts maintain a "Moderate Buy" rating for Disney, with an average price target of $134.47, following recent upgrades and a better-than-expected earnings report. The article also touches upon positive park developments and ongoing legal risks related to a facial-recognition lawsuit.
Nexstar Asks Appeals Court To Fast-Track Its Tegna Merger Fight
Nexstar is asking an appeals court to fast-track its challenge to an order that temporarily blocked its $6.2 billion merger with Tegna. The company argues that the delay is costing it millions, while states and DirecTV warn the merger could lead to fewer local voices and higher TV bills. This legal battle highlights how state intervention can prolong deal approvals, potentially impacting the financial viability and strategic planning of mergers, and could make other media consolidators more cautious.
Fox Corp Class B stock (US35137L2043): focus on advertising trends after latest quarterly report
Fox Corp Class B has recently released its quarterly figures, providing updates on the advertising market, affiliate fees, and sports rights costs. The company's revenue is primarily driven by advertising sales and affiliate fees, with significant costs associated with sports rights. Investors are keenly watching how Fox's emphasis on live news and sports content, despite challenges like cord-cutting, positions it within the evolving media landscape.
Fox Corp. (Class B) stock (US35137L2043): earnings, sports rights and streaming strategy in focus
Fox Corp. (Class B) is under investor scrutiny following its latest quarterly results, with focus on advertising trends, sports rights costs, and its streaming strategy for Fox Nation and Tubi. The company emphasizes live content like sports and news to attract advertisers and maintain audience reach, balancing traditional broadcasting with a disciplined approach to ad-supported and niche streaming services. Key risks include cord-cutting, advertising slowdowns, rising sports rights costs, and legal/regulatory challenges.
Hovnanian Set to Announce Q2 Earnings on May 21
Hovnanian (HOV) is scheduled to release its Q2 earnings on May 21 before market open, with an expected EPS of $2.52, a 3.7% year-over-year increase, and anticipated revenue of $631.9 million, an 8.0% decline. Despite the revenue dip, the company has historically surpassed EPS and revenue estimates, and maintains strong market confidence among small-cap builders. Hovnanian Enterprises will also host a live earnings conference call and webcast on the same day.
Marcus Theatres Invites Moviegoers to “Make Summer Pop”
Marcus Theatres is launching a nationwide "Make Summer Pop" campaign to celebrate the summer moviegoing season across its 77 Marcus Theatres and Movie Tavern locations. The campaign will feature giveaways, special offers, limited-edition collectibles, and exclusive events tied to anticipated film releases. It also includes film-inspired food and beverage offerings and perks for Marcus Movie Club members.
$5M Class Action Lawsuit Filed Against The Walt Disney Co. Over Its Use Of Facial Recognition Technology
A class action lawsuit has been filed against The Walt Disney Co. in federal court in California, alleging violations of privacy, competition, and consumer protection laws over its use of facial recognition technology at park entrances. The lawsuit claims Disney does not adequately disclose its biometric data collection, which includes children, and that guests cannot easily opt-out. Plaintiffs are seeking at least $5 million in damages and demand written consent from visitors before the technology is used.
$5M Class Action Lawsuit Filed Against The Walt Disney Co. Over Its Use Of Facial Recognition Technology
A class action lawsuit has been filed against The Walt Disney Co. for $5 million USD, alleging violations of privacy, competition, and consumer protection laws through its use of facial recognition technology at park entrances. The lawsuit claims Disney does not adequately disclose this technology to guests, including children, and seeks written consent for its deployment, arguing Disney's stated 30-day data retention policy is inconsistent with its use. Plaintiffs are demanding at least $5 million in damages and improved consent policies from the company.
The Walt Disney Company stock (US9314271084): Q2 beat keeps earnings momentum in focus
The Walt Disney Company exceeded Q2 expectations with a 6.5% increase in revenue, maintaining its FY 2026 EPS guidance at 6.640. This performance highlights the company's ability to balance growth and profitability across its diverse portfolio, including studios, streaming, and theme parks. Investors are now focused on Disney's continued execution in converting revenue growth into sustainable earnings, particularly within its direct-to-consumer and experiences segments.
Geopolitical Tensions Hurt The Walt Disney Company (DIS) in Q1
Sound Shore Management's Q1 2026 investor letter highlighted The Walt Disney Company (DIS) as a stock impacted by geopolitical tensions and rising oil prices, despite its strong balance sheet and ongoing restructuring efforts. The diversified media giant, along with Southwest Airlines, saw a dip in performance due to concerns over a protracted war affecting consumer discretionary spending and travel. Despite the short-term impact, Sound Shore Fund maintains a "full position" in Disney, recognizing its long-term value potential.
Lazard Freres Gestion S.A.S. Sells 39,407 Shares of The Walt Disney Company $DIS
Lazard Freres Gestion S.A.S. reduced its stake in The Walt Disney Company by 8.1% in Q4, selling 39,407 shares, but still holds 445,278 shares valued at approximately $50.7 million. Disney reported stronger-than-expected earnings with $1.57 EPS on revenue of $25.17 billion, and analysts maintain a "Moderate Buy" consensus with a target price of $134.47, despite a recent lawsuit over facial recognition use. The company also announced a "Blockbuster Summer" marketing campaign and a new Walt Disney World president.
Poehling Capital Management INC. Sells 4,920 Shares of The Walt Disney Company $DIS
Poehling Capital Management INC. significantly reduced its stake in The Walt Disney Company (NYSE: DIS) by selling 4,920 shares in the fourth quarter, leaving it with 46,846 shares valued at $5.33 million. Despite this sale, analysts maintain a "Moderate Buy" rating for Disney, with an average price target of $134.47, and recent news regarding increased earnings expectations and new marketing campaigns remains largely positive, though a lawsuit over facial recognition adds a regulatory risk. The company reported strong quarterly earnings, surpassing consensus estimates, and saw revenue grow by 6.5% year-over-year.
Investment House LLC Grows Position in The Walt Disney Company $DIS
Investment House LLC significantly increased its stake in The Walt Disney Company by 320.3% in the fourth quarter, purchasing 17,200 additional shares to own a total of 22,570 shares valued at approximately $2.57 million. This move follows Disney's stronger-than-expected quarterly results, with EPS of $1.57 and revenue of $25.17 billion, along with positive FY2026 guidance. Despite a lawsuit concerning facial recognition at theme parks, analysts maintain a "Moderate Buy" consensus for DIS with a target price of $134.47.
Saranac Partners Ltd Trims Stock Holdings in The Walt Disney Company $DIS
Saranac Partners Ltd significantly decreased its stake in The Walt Disney Company by 97.2% in the fourth quarter, selling over 200,000 shares. Despite this large reduction, Disney reported strong quarterly earnings, beating analyst expectations with $1.57 EPS and $25.17 billion in revenue. Analyst sentiment remains largely positive, with several firms raising price targets and ratings, and upcoming initiatives like the "Blockbuster Summer" campaign and leadership changes at Walt Disney World are expected to support future growth.
The Walt Disney Company (NYSE:DIS) Receives Consensus Recommendation of "Moderate Buy" from Analysts
The Walt Disney Company (NYSE: DIS) has garnered a "Moderate Buy" consensus recommendation from 23 research firms, with an average 12-month price target of $134.47. The company recently exceeded quarterly earnings expectations with an EPS of $1.57 and revenue of $25.17 billion, a 6.5% year-over-year increase. Despite a new lawsuit concerning facial recognition, analysts have lifted some earnings estimates, and Disney has launched a "Blockbuster Summer" campaign to boost brand momentum.
Jakks Pacific Debuts Anime Division and Unveils New Protoypes at Licensing Expo
JAKKS Pacific has announced the launch of a new Anime Division at the Licensing Expo, aiming to cater to the growing demand for licensed anime merchandise. This division will introduce toys, collectibles, and consumer products based on popular anime series, with prototypes for hololive productions already displayed. Ariana Berman of JAKKS Pacific emphasized the significant growth and influence of the anime ecosystem, highlighting the company's strategic investment in this market.
Disney and Epic Games Bring ‘Star Wars’ Stories to Fortnite Fans
Disney and Epic Games are partnering to integrate 'Star Wars' content into Fortnite, coinciding with the theatrical release of 'Star Wars: The Mandalorian and Grogu'. This collaboration includes a dedicated "Watch Party Island" in Fortnite featuring a sneak peek of the film and developer Q&A, and the release of a Star Wars Toolkit for creators. The initiative extends to Disney Parks attractions, aiming to provide interactive and immersive fan experiences across various platforms.
Hulu on Disney+ Just Got Better: What You Need to Know About Linking Your Profiles
Disney+ is enhancing the integration of Hulu content by allowing eligible bundle subscribers to link their Hulu profiles, bringing watch history, watchlists, and recommendations directly into Disney+. This change ensures a seamless viewing experience, with Hulu content appearing in personalized sections and a dedicated Hulu Hub on Disney+. Upcoming features also include a new Live Guide for Disney+ users.
Celebrating the Families Who Serve: Disney’s Commitment to Blue Star Families in America’s Historic 250th Year
The Walt Disney Company announced a $2.5 million donation to Blue Star Families, building on a nearly 15-year relationship to create magical moments for U.S. military families nationwide, especially as America celebrates its 250th anniversary. This commitment includes special events like a recent Blue Star Books event at the Library of Congress and the assembly of 4,000 "Welcome Kits" for military families transitioning to new duty stations. These initiatives continue Disney’s long-standing support for military service members, veterans, and their families, a tradition dating back to founders Walt and Roy O. Disney.
The Walt Disney Company stock (US9314271084): Analysts track upside after recent price move
The Walt Disney Company stock (DIS) traded around $103.91 on May 19, 2026, with analysts maintaining a "Moderate Buy" consensus based on 23 Wall Street analysts. The company's diverse business model, encompassing streaming, studios, parks, and consumer products, makes it a significant player in the U.S. economy. Investors are focused on growth, margins, and the balance between traditional media and new revenue streams.
How Will Hasbro Stock React To Its Upcoming Earnings?
Hasbro (NASDAQ: HAS) is scheduled to report its earnings on May 20, 2026. This article analyzes Hasbro's historical post-earnings stock performance, showing that positive one-day returns occurred 63% of the time, with a median gain of 5.9%. It also examines the correlation between short-term and medium-term returns and peer performance to provide insights for event-driven traders.
Tredje AP fonden Sells 249,805 Shares of The Walt Disney Company $DIS
Tredje AP fonden significantly reduced its stake in The Walt Disney Company, selling 249,805 shares and cutting its position by 61.2% in the fourth quarter. Despite this, Disney reported strong quarterly earnings, surpassing revenue and EPS expectations, and reaffirmed its FY 2026 guidance. Wall Street maintains a "Moderate Buy" consensus rating with an average price target of $134.47, indicating continued analyst confidence in the entertainment giant.
Payden & Rygel Has $7.85 Million Position in The Walt Disney Company $DIS
Payden & Rygel significantly increased its stake in The Walt Disney Company, boosting its holdings by 3,300.5% to 69,030 shares valued at $7.85 million. Other institutional investors also added to their positions, reflecting high institutional ownership of 65.71%. Wall Street analysts maintain a "Moderate Buy" rating with an average price target of $134.47, driven by improving streaming performance and advertising growth.
Payden & Rygel Reduces Stock Holdings in Wells Fargo & Company $WFC
Payden & Rygel significantly reduced its stake in Wells Fargo & Company by 9.8% in the fourth quarter, selling 34,400 shares and leaving them with 315,000 shares valued at approximately $29.4 million. Despite this reduction, Wells Fargo remains its 10th largest holding, comprising about 2.0% of the firm’s portfolio. The article highlights mixed investor signals, including increased positions by other hedge funds and executive insider sales, while noting the bank's solid fundamentals, recent earnings beat, and ongoing legal settlements.
InterDigital Maps Path to $1B Recurring Revenue on Patents, Streaming Push
InterDigital's CFO, Rich Brezski, presented the company's plan to achieve over $1 billion in annualized recurring revenue (ARR) by 2030, driven by its patent licensing model in wireless, video, and AI technologies. The strategy includes significant revenue growth from smartphones, consumer electronics, IoT, and an emerging streaming and cloud services market. Brezski highlighted the company's strong patent portfolio, ongoing research efforts, and strategic litigation as key components supporting this ambitious financial target.
Walt Disney World names new president to lead Central Florida's largest employer
Joe Schott has been named the new president of Walt Disney World, succeeding Josh D'Amaro. This leadership change comes as Walt Disney World embarks on significant expansion plans, including new themed areas and a nearly 1,000-room hotel. The outgoing president, D'Amaro, is retiring after a period of significant growth and change at the company.
'Disney Blockbuster Summer' Brings the Best in Storytelling and Experiences to Give Fans an Unforgettable Season
Disney is launching its "Disney Blockbuster Summer" campaign, featuring highly anticipated films like "Star Wars: The Mandalorian and Grogu," "Toy Story 5," and "Moana." The initiative aims to offer fans immersive experiences across movies, Disney+, theme parks, and consumer products. This multi-faceted campaign seeks to create lasting memories through storytelling and interactive engagement throughout the summer season.
Disney Experiences Announces Senior Leadership Changes
Disney Experiences Chairman Thomas Mazloum announced senior leadership appointments to guide global teams through a period of transformative growth. Joe Schott is appointed President of Walt Disney World Resort, Natacha Rafalski is named President of Disney Signature Experiences, and Christophe Murphy is promoted to President of Disneyland Paris. These changes aim to support unprecedented expansion across Disney's global portfolio, leveraging the leaders' deep expertise in guest experience, operations, and finance.
Blue Star Families and The Walt Disney Company Bring Disney Magic to Local Military Kids and Families in Celebration of America’s 250th Anniversary
Blue Star Families and The Walt Disney Company collaborated to host the 25th and largest-ever Blue Star Books event at the Library of Congress, bringing together over 500 military children and families. This event marked a significant expansion of their partnership, with Disney committing $2.5 million to support military families as part of its "Disney Celebrates America" initiative for the nation's 250th anniversary. The program aims to provide stability, connection, and joy through storytelling and community support for military-connected children.
The Walt Disney Company stock (US9314271084): earnings beat and fresh analyst optimism draw investor
The Walt Disney Company (DIS) reported stronger-than-expected fiscal Q2 2026 earnings of $1.57 EPS, surpassing consensus estimates of $1.49. This positive performance, coupled with a brighter growth outlook, has led several Wall Street analysts, such as Citi, to raise their price targets on Disney shares. The article highlights Disney's diversified business model, key revenue drivers from streaming, experiences, and consumer products, and its financial profile, attracting renewed investor attention.
Fresh Del Monte Blasts Off with a Global Campaign in Celebration of Disney and Pixar’s “Toy Story 5”
Fresh Del Monte Produce Inc. is partnering with Disney and Pixar for a global campaign celebrating the release of "Toy Story 5" on June 19. The initiative includes co-branded "Toy Story 5" pineapple hangtags and banana stickers on over 600 million produce items, in-store activations, digital promotions, and a sweepstakes to win a trip to Barcelona. This collaboration aims to promote healthy eating habits by associating fresh fruit with the beloved film franchise.
North Dakota State Investment Board Purchases New Position in The Walt Disney Company $DIS
The North Dakota State Investment Board has acquired a new position in The Walt Disney Company ($DIS), purchasing over 62,000 shares valued at approximately $7.1 million. This move is part of a broader institutional interest, with several other funds also increasing their stakes, leading to 65.71% institutional ownership. Disney recently exceeded earnings expectations, reporting an EPS of $1.57 and revenue of $25.17 billion, while analysts maintain a "Moderate Buy" rating with a target price of $134.47.
The Walt Disney Company $DIS Holdings Decreased by Sapient Capital LLC
Sapient Capital LLC reduced its stake in The Walt Disney Company (NYSE:DIS) by 1.5% in the fourth quarter, selling 6,015 shares to hold a total of 391,499 shares valued at $45.2 million. Despite this reduction, Wall Street analysts maintain a "Moderate Buy" consensus rating with an average price target of $134.47, following several reiterations and upward adjustments. Disney's recent quarter exceeded expectations with an EPS of $1.57 on revenues of $25.17 billion, supported by strong park demand and positive outlook commentaries from the company's management.
The Walt Disney Company $DIS Shares Sold by Stephens Inc. AR
Stephens Inc. AR decreased its stake in The Walt Disney Company by 11.1% in the fourth quarter, selling 7,057 shares and retaining 56,458 shares valued at $6.46 million. Despite this, Disney's recent Q2 earnings exceeded expectations with $1.57 EPS and 6.5% year-over-year revenue growth. The stock maintains a "Moderate Buy" consensus rating with a target price of $134.47, reflecting strong analyst confidence and positive future outlooks.
Cambridge Investment Research Advisors Inc. Sells 10,172 Shares of The Walt Disney Company $DIS
Cambridge Investment Research Advisors Inc. reduced its stake in The Walt Disney Company by 3.2% in the fourth quarter, selling 10,172 shares and holding 309,444 shares valued at approximately $35.2 million. The fund's action comes as Disney reported strong earnings, beating analyst expectations with an EPS of $1.57 and revenue of $25.17 billion, along with a 6.5% year-over-year revenue increase. Wall Street maintains a "Moderate Buy" consensus for DIS with a target price of $134.47, driven by positive news regarding park demand and strategic growth initiatives.
