Disney Shares Dip 0.75% on Mixed Institutional Moves as $0.73 Billion Volume Ranks 122nd

On September 3, 2025, The Walt Disney Company (DIS) closed with a 0.75% decline, trading at a volume of $0.73 billion, ranking 122nd in market activity. Institutional ownership of Disney’s stock remains robust at 65.71%, with major shifts in portfolio allocations among key investors.

Adage Capital Partners GP L.L.C. increased its stake by 15.2%, acquiring an additional 280,500 shares, now holding $209.6 million in Disney equity. Conversely, EP Wealth Advisors LLC reduced its position by 80.9%, selling 387,292 shares, leaving a remaining $9.04 million in holdings. Other institutional investors, including UBS AM and Vanguard Group, also adjusted their positions, with UBS AM boosting its stake by 21.8% and Vanguard increasing its holdings by 1.6% in the first quarter.

Recent analyst activity highlights mixed sentiment. Wall Street Zen downgraded Disney from "strong-buy" to "buy," while JPMorgan Chase raised its price target to $138.00 with an "overweight" rating. Evercore ISI also increased its target to $140.00, reflecting optimism about Disney’s turnaround under CEO Bob Iger. However, Jefferies Financial Group downgraded the stock to "hold," signaling caution among some analysts.

Disney’s financial performance showed resilience, reporting $1.61 earnings per share (EPS) for the latest quarter—$0.16 above estimates—though revenue of $23.65 billion fell slightly short of expectations. The company’s net margin of 12.22% and 2.1% year-over-year revenue growth underscore ongoing operational improvements. Analysts project 5.47 EPS for the current fiscal year, aligning with a moderate growth trajectory.

Backtested results indicate that Disney’s stock price movement on September 3, 2025, aligns with historical patterns of institutional trading activity and analyst sentiment shifts. The 0.75% decline coincided with reduced positions by EP Wealth Advisors and mixed analyst ratings, while long-term institutional buying by Adage and UBS AM suggests underlying confidence in the company’s strategic direction.