Jun 07, 2022
In addition to operating theme parks, resorts, a cruise line and allied items like merchandise; the Walt Disney is a global entertainment organization. Disney also creates and broadcasts a vast selection of film and television entertainment for its new digital streaming services.
Mickey Mouse is owned by a diverse group of investors, including Robert A Iger and his wife Christine McCarthy, Alan Braverman, Vanguard Group Inc., and BlackRock Inc. (BLK) (STT). It is estimated that Disney's 12-month trailing net income will be $5.4 billion, and its sales will be $78.1 billion. About $214.6 billion is the value of the company's stock. Data is current as of July 10, 2020.
The Disney Brothers Cartoon Studio was formed in 1923 by Walt and Roy Disney. Profitability gradually became more important than product development to its creators, even if that was the case initially.
"I don't produce movies to generate money," Walt Disney famously said. "I generate money so that I may create more films," he says. "Despite this, Disney's profits continued to rise with each new film success and several worldwide cinematic smashes.
The inclusion of a company in a major index is generally seen as a sign of increased interest by institutions when reporting to their shareholders. The majority of firms are likely to have a list of financial institutions, especially if they are expanding.
The fact that institutional investors own a sizable chunk of Walt Disney shares shows that the corporation does indeed have institutional investors. This suggests that the stock has been examined by analysts working for these institutions, and they think it's a good investment. They may be wrong, just like everyone else.
In all, Robert A. Iger has 1.150.138 Disney shares or 0.06% of the company's outstanding stock. Chairman of the Board and CEO of Disney, Iger, serves as the company's highest-ranking officer. In February of this year, he was named Executive Chair of the corporation after serving as CEO for 15 years and Chair for eight years.
In his term as CEO, Iger accelerated Disney's development and expansion by acquiring Pixar (2006), Marvel (2009), Lucasfilm (2012), and 21st Century Fox (2013). (2019). 3 According to Forbes, Iger's net worth was assessed in May 2019 at $690 million.
According to the most recent filings, Christine M. McCarthy owns 141,301 Disney shares, or 0.01% of the company's total outstanding shares. When Disney originally hired McCarthy in 2000, he was the company's Sr. Executive Vice President and CFO (CFO). When it comes to the company's global finances, she is in charge.
Ms. McCarthy was Executive Vice President and CFO of Imperial Bancorp before joining Disney in 2000. On the Procter & Gamble Co.'s Board of Directors, McCarthy is also a member (PG).
Approximately 0.01 percent of Disney's outstanding shares are owned by Alan N. Braverman, who holds 98,922 shares. Braverman is the company's senior executive vice president, general counsel, and secretary. After serving as Executive Vice President and General Counsel since January 2003, he oversees all legal matters related to the company's business operations across the globe.
A former ABC executive vice president and general counsel, Braverman most recently served as deputy general counsel for The Walt Disney Company. In 1993, Braverman joined ABC Inc. as Deputy General Counsel two years before Disney purchased Capital Cities / ABC Inc.6.
Institutions hold about 63-65 percent of Disney's total outstanding shares.
Vanguard Group holds 137.8 million Disney shares, or 7.6 percent of total Disney shares. Assets under administration total over $6.2 trillion, the majority of which are mutual funds and exchange-traded funds (ETFs) (AUM). 10 It is estimated that the Vanguard S&P 500 ETF (VOO) has around $151 billion in assets under management. VOO has a 0.83 percent stake in Disney.
There are now 114.6 million shares of Disney owned by BlackRock (6.3 percent of total Disney shares), according to the 13F filing from March 31, 2020. The corporation is largely a mutual fund and ETF management organization, with $6.47 trillion in AUM. 12 ETF IVV, which tracks the S&P 500, is one of BlackRock's most popular, with $199 billion in AUM. As a result, Disney accounts for 0.80 percent of IVV stockholders.
According to the company's 13F filing for the quarter ending March 31, 2020, State Street holds 75.0 million Disney shares or 4.1% of the total outstanding shares. There are roughly $2.7 trillion in assets under management (AUM) in the company's portfolio of mutual funds, ETFs, and other investments. 14 One of State Street's largest ETFs, the SPDR S&P 500 ETF Trust (SPY), has around $279 billion in AUM. A 0.81 percent stake in Disney is held by the SPDR S&P 500.
Investors can now see more than just who owns Disney as part of our drive to raise awareness of how important diversity is in the workplace. We want to emphasize the company's overall commitment to inclusion, diversity, and social responsibility. Data on Disney's board of directors, C-Suite, general management, and total workforce diversity in various markets is shown.