18 October, 2025
sagespring-wealth-partners-increases-stake-in-walt-disney-by-7-1-

Sagespring Wealth Partners LLC has increased its investment in The Walt Disney Company, purchasing an additional 1,004 shares during the second quarter of 2023, according to the firm’s recent Form 13F filing with the Securities and Exchange Commission (SEC). This acquisition represents a 7.1% increase, bringing Sagespring’s total holdings to 15,207 shares, valued at approximately $1.886 million at the close of the quarter.

Other institutional investors have also adjusted their positions in The Walt Disney Company (NYSE:DIS). J. Safra Sarasin Holding AG raised its stake by 8.1%, acquiring an additional 16,781 shares, resulting in a total of 222,747 shares worth $21.983 million. Similarly, Planning Directions Inc. entered the market with a new position valued around $326,000 in the first quarter. A significant investment was made by Kingstone Capital Partners Texas LLC, which purchased shares valued at approximately $4.22 billion during the second quarter.

Wedge Capital Management L L P NC made a notable increase, boosting its holdings by an astonishing 8,744% during the same period, now owning 320,329 shares valued at $39.724 million. Additionally, WoodTrust Financial Corp raised its stake by 6.7%, now holding 96,158 shares worth $9.491 million. Collectively, institutional investors hold 65.71% of Disney’s stock.

Analyst Ratings and Stock Performance

A number of research firms have recently updated their ratings and price targets for The Walt Disney Company. JPMorgan Chase & Co. raised its price target from $130.00 to $138.00, maintaining an “overweight” rating. Citigroup similarly boosted its target from $125.00 to $140.00, assigning a “buy” rating. Other firms, including UBS Group, have also increased their price targets while maintaining positive ratings, with an average target price of $131.18 across nineteen analysts who rated the stock as a Buy and nine as a Hold.

As of August 6, 2023, The Walt Disney Company opened trading at $111.12. The company’s financial ratios reflect its current position, reporting a current ratio of 0.72, a quick ratio of 0.66, and a debt-to-equity ratio of 0.32. Over the last year, Disney’s stock has experienced fluctuations, hitting a low of $80.10 and a high of $124.69. The company currently possesses a market capitalization of $199.79 billion and a price-to-earnings ratio of 17.42.

In its latest quarterly earnings report, The Walt Disney Company recorded an earnings per share (EPS) of $1.61, surpassing analyst expectations of $1.45 by $0.16. Revenue for the quarter reached $23.65 billion, slightly below the $23.69 billion forecast. Year-over-year, Disney’s revenue increased by 2.1%, with a return on equity of 9.67% and a net margin of 12.22%.

Analysts project that The Walt Disney Company will achieve an EPS of $5.47 for the current fiscal year, showcasing the company’s ongoing efforts in the entertainment sector.

The Walt Disney Company operates across various segments, including Entertainment, Sports, and Experiences, producing and distributing content through renowned brands such as ABC, Freeform, FX, and Marvel, among others. This diversified portfolio positions Disney as a key player in the global entertainment industry, continually attracting investments from institutional stakeholders.