12,694-share Agate Pass cuts stake in Disney, exceeding Q3 earnings estimates.

Agate Pass Investment Management has reduced its stake in The Walt Disney Company (NYSE: DIS) by 2.8%, holding 12,694 shares. In Q3, Disney reported earnings of $1.39 per share, surpassing estimates of $1.20, with revenue of $23.20 billion. Analysts predict a 4.92 EPS for the year. Institutional investors hold 65.71% of the stock, and various firms have adjusted their price targets, with a consensus rating of "Moderate Buy" and a target price of $119.20.

October 11, 2024
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