Disney Shares Rise 0.13%, Options Volume in Line with Average

Disney shares are up 0.13% to $116.42, driven by moderately bullish activity. Options volume is roughly in line with average, with calls leading puts for a put/call ratio of 0.26. Implied volatility is higher by 0.4 points, suggesting an expected daily move of $1.62. Put-call skew is flattened, indicating a modestly bullish tone.

Walt Disney Company (DIS) shares have seen a 0.13% increase, reaching $116.42 as of July 2, 2025. This upward trend is driven by moderately bullish options activity, with the put-call ratio standing at 0.26. The implied volatility has risen by 0.4 points, indicating an expected daily move of approximately $1.62. The put-call skew is flattened, suggesting a modestly bullish tone [1].

The options volume is roughly in line with the average, with calls leading puts. This activity reflects investor confidence in Disney's growth prospects. The company's stock has received a consensus "Moderate Buy" rating from analysts, with a price target averaging $131.18 [2].

Disney's earnings for the quarter have been positive, with earnings per share (EPS) reported at $1.61, surpassing expectations. The company also experienced a slight revenue increase of 2.1% year-over-year [2]. Despite this, institutional investors have been adjusting their holdings. For instance, Knuff & Co LLC reduced its stake in Disney by 29.8%, selling 5,981 shares and leaving them with 14,088 shares valued at approximately $1.39 million [3].

In contrast, other hedge funds have shown increased interest in Disney. Mpwm Advisory Solutions LLC bought a new position in Disney in the fourth quarter, valued at about $27,000. Similarly, MJT & Associates Financial Advisory Group Inc. bought a new position in the first quarter, valued at about $26,000. Kessler Investment Group LLC grew its position by 274.0%, owning 273 shares valued at $27,000 after acquiring an additional 200 shares [3].

Analysts have also provided mixed signals. While Keefe, Bruyette & Woods reiterated a "market perform" rating, Morgan Stanley upgraded their target price on Disney from $120.00 to $140.00 and gave the company an "overweight" rating. Susquehanna reissued a "neutral" rating on shares of Disney [3].

These developments suggest a mixed sentiment among investors and analysts, with some showing increased confidence in Disney's prospects while others remain cautious. As the earnings season continues, investors will closely watch Disney's performance and any changes in its investment strategy.

References:
[1] https://www.optionistics.com/quotes/stock-option-chains/DIS
[2] https://www.ainvest.com/news/glenview-capital-q2-filings-stakes-dick-sporting-thermo-fisher-surgery-partners-exits-disney-2508/
[3] https://www.marketbeat.com/instant-alerts/filing-knuff-co-llc-sells-5981-shares-of-the-walt-disney-company-nysedis-2025-08-16/