<div id="readability-page-1"><p>Lazard Asset Management LLC boosted its stake in shares of  The Walt Disney Company (NYSE:DIS - Free Report) by 154.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 898,506 shares of the entertainment giant's stock after acquiring an additional 544,916 shares during the quarter. Lazard Asset Management LLC's holdings in Walt Disney were worth $111,422,000 as of its most recent SEC filing.</p><ul><li>Disney's $1 Billion Deal Brings Its Magic to OpenAI</li></ul><p>Several other institutional investors have also modified their holdings of DIS. DiNuzzo Private Wealth Inc. raised its holdings in  Walt Disney by 82.5% during the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant's stock valued at $26,000 after buying an additional 94 shares during the period.  Harbor Asset Planning Inc. bought a new position in  Walt Disney during the second quarter valued at $37,000.  Howard Hughes Medical Institute purchased a new stake in shares of  Walt Disney in the second quarter valued at $48,000.  RMG Wealth Management LLC purchased a new stake in shares of  Walt Disney in the second quarter valued at $49,000.  Finally, Wealth Preservation Advisors LLC bought a new stake in shares of  Walt Disney in the 1st quarter worth about $53,000. 65.71% of the stock is owned by institutional investors. </p><h2>Walt Disney Stock Up 0.1%</h2><p>Shares of NYSE:DIS opened at $111.52 on Friday. The business's 50 day moving average is $109.24 and its 200 day moving average is $114.59. The stock has a market cap of $199.10 billion, a P/E ratio of 16.26, a price-to-earnings-growth ratio of 1.54 and a beta of 1.49. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.31. </p><ul><li>Netflix Wins the Streaming Wars: The $82B Warner Bros. Deal</li></ul><p>Walt Disney (NYSE:DIS - Get Free Report) last issued its earnings results on Thursday, November 13th. The entertainment giant reported $1.11 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.08. The business had revenue of $22.46 billion during the quarter, compared to analysts' expectations of $22.78 billion. Walt Disney had a return on equity of 9.37% and a net margin of 13.14%.The business's revenue for the quarter was down .5% compared to the same quarter last year. During the same period in the prior year, the business earned $1.14 EPS.  Sell-side analysts predict that  The Walt Disney Company will post 5.47 EPS for the current year. </p><h2>Walt Disney Dividend Announcement</h2><p>The firm also recently announced a  dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.75 per share. This represents a yield of 139.0%. The ex-dividend date is Tuesday, June 30th. Walt Disney's dividend payout ratio  is presently 21.87%. </p><h2>Analysts Set New Price Targets</h2><ul><li>Netflix Goes All In: The $70B Play to End the Streaming Wars</li></ul><p>Several brokerages recently commented on DIS. Rosenblatt Securities  reiterated a &#34;buy&#34; rating and set a $141.00 price target on shares of Walt Disney in a report on Friday, October 17th. KeyCorp  restated a &#34;sector weight&#34; rating on shares of Walt Disney in a research report on Friday, November 14th. Guggenheim  reiterated a &#34;buy&#34; rating and issued a $140.00 price target on shares of Walt Disney in a report on Friday, November 14th. Citigroup  reissued a &#34;positive&#34; rating on shares of Walt Disney in a research note on Friday, November 14th. Finally, Arete Research upgraded Walt Disney to a &#34;strong sell&#34; rating in a report on Tuesday, October 28th. Eighteen analysts have rated the stock with a Buy rating, eight have issued  a Hold rating and one  has assigned  a Sell rating to the company. Based on data from MarketBeat, the company  has an average rating of &#34;Moderate Buy&#34; and an average target price of $134.41.</p><p><b>Get Our Latest Research Report on Walt Disney</b></p><h2>About Walt Disney</h2> (Free Report)<p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Walt Disney</li><li>About the Markup Calculator</li><li>Why Amazon Could Be a $300 Stock Within Weeks</li><li>How Technical Indicators Can Help You Find Oversold Stocks </li><li>Adobe Gets Post-Earnings Lift: Long-Term Outlook Favors Upside</li><li>How to Calculate Stock Profit </li><li>MarketBeat Week in Review – 12/8 - 12/12</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPURJUw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPURJUw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Walt Disney Right Now?</h2><p>Before you consider Walt Disney, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Walt Disney wasn't on the list.</p><p>While Walt Disney currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Lazard Asset Management LLC increased its stake in The Walt Disney Company by 154.1% in Q2, owning 898,506 shares worth $111.42 million. Disney's stock opened at $111.52, with a market cap of $199.10 billion. Analysts predict a 5.47 EPS for the year. Disney announced a $0.75 dividend per share, with a yield of 139.0%. Eighteen analysts rated the stock as Buy, with an average target price of $134.41.</p>

- Lazard Asset Management LLC increased its stake in The Walt Disney Company by 154.1% in Q2, owning 898,506 shares valued at $111.42 million.  
- Several institutional investors also raised their holdings, with 65.71% of the stock owned by such investors.  
- Disney reported Q4 earnings of $1.11 per share, exceeding estimates, but revenue declined 0.5% year-over-year, leading analysts to predict an EPS of 5.47 for the current year.

Lazard Asset Management LLC Grows Stake in The Walt Disney Company $DIS