Disney Stock Soars as Hedge Funds Boost Positions

The Walt Disney Company's stock has been acquired by Wedge Capital Management L L P NC in increasing amounts. According to their latest 13F filing with the SEC, the fund owned 352,069 shares of DIS stock as of its most recent submission. This is a boost of 8.9% from the previous quarter.

Wedge Capital bought an additional 28,777 shares during the period, which brings their total holdings in Walt Disney to $33,887,000. Other hedge funds have also been increasing their positions in DIS stock, including Franklin Resources Inc., Aviva PLC, World Investment Advisors, Windsor Advisory Group LLC, and Xponance LLC.

The company's recent quarterly earnings report showed a revenue increase of 6.8% year-over-year to $25.25 billion, beating analysts' estimates. Disney's FY 2026 guidance is set at 6.642-6.642 EPS, with sell-side analysts anticipating 6.9 EPS for the current fiscal year.