Disney’s Newest Fan: CoreFirst Buys the Magic

Disney’s Newest Fan: CoreFirst Buys the Magic

Snack-Sized Version:

CoreFirst Bank & Trust made a splashy entrance into the Disney shareholder club by grabbing 7,409 shares worth about $825,000. Several other firms also sprinkled some investment pixie dust into Disney, with even modest buyers joining the magic. Analysts remain optimistic, with price targets climbing as high as $139 and the average analyst singing a “moderate buy” tune. Disney’s recent earnings beat expectations, with a $1.76 EPS versus the predicted $1.44, showing it’s still got box office pull. The stock has danced between $83.91 and $123.74 this past year, while trading slightly down at $100.53. Institutional investors now control nearly two-thirds of Disney, proving once again that Mickey isn’t just cute—he’s a serious business mouse.

Read the Full Meal:

CoreFirst Bank & Trust made a fresh investment in the Walt Disney Company during the fourth quarter, picking up 7,409 shares. That adds up to about $825,000—enough for several hundred annual passes and a churro or two. They joined a conga line of other firms dancing into Disney’s shareholder list. From modest entries like FPC Investment Advisory with its $28,000 stake to Bay Harbor Wealth Management’s $35,000 leap, the Mouse House is attracting investors like it’s giving out free FastPasses.

The influx of institutional interest is no small matter. Nearly 66% of Disney’s shares are now in the hands of these large investors. That’s a strong sign that the market still sees Disney as more than just a nostalgic brand with talking animals—it’s a serious business with major cash flow potential. Despite trading slightly down at $100.53, Disney’s stock has proven resilient, with a high of $123.74 and a low of $83.91 over the past year. Its moving averages suggest some recent stability, even if the ride’s been a bit bumpy.

Analysts are mostly optimistic, with 18 buy ratings and two strong buys cheering from the sidelines. Price targets have been steadily rising, with firms like Morgan Stanley and Goldman Sachs bumping them up to $130 and $139, respectively. The average consensus lands around $125.64, and that’s not Mickey math. While some analysts remain cautious with “hold” ratings, the overall tone screams “we believe in magic.”

Disney’s latest earnings report added some fireworks, with an EPS of $1.76—beating expectations by $0.32. Return on equity sits at a solid 9.95%, and net margin holds at 6.07%. As for their debt? Manageable. The financials say Disney still knows how to put on a show—on screen and on Wall Street.

Author

Raul Pellerano

Raul is the Founder & CEO of Investing Snacks and loves contributing to the platform. He consumes lots of financial content daily, and is therefore always up to date on the latest financial news. Raul has been writing for over a decade and is now a daily contributor to the site.