1832 Asset Management L.P. Acquires 1,401,582 Shares of Walmart Inc. $WMT

Key Points

• 1832 Asset Management L.P. increased its stake in Walmart Inc. by 37.4%, acquiring an additional 1,401,582 shares, bringing its total holdings to 5,149,546 shares valued at approximately $452 million.
• Walmart's recent earnings report showed a miss on EPS estimates with $0.68 per share compared to a consensus of $0.74, and its revenue also fell short of expectations at $169.34 billion.
• The company declared a $0.235 dividend to be paid on September 2nd, representing a yield of 90.0%, with a dividend payout ratio of 40.17%.

1832 Asset Management L.P. raised its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 37.4% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,149,546 shares of the retailer's stock after buying an additional 1,401,582 shares during the period. 1832 Asset Management L.P. owned about 0.06% of Walmart worth $452,079,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Full Sail Capital LLC grew its position in shares of Walmart by 6.6% in the fourth quarter. Full Sail Capital LLC now owns 8,702 shares of the retailer's stock valued at $786,000 after purchasing an additional 541 shares during the last quarter. Leslie Global Wealth LLC boosted its holdings in shares of Walmart by 22.0% in the 4th quarter. Leslie Global Wealth LLC now owns 3,154 shares of the retailer's stock valued at $285,000 after purchasing an additional 568 shares in the last quarter. Monument Capital Management boosted its holdings in shares of Walmart by 94.2% in the 1st quarter. Monument Capital Management now owns 55,004 shares of the retailer's stock valued at $4,829,000 after purchasing an additional 26,685 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in shares of Walmart by 11.8% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 7,959,752 shares of the retailer's stock valued at $698,787,000 after purchasing an additional 838,689 shares in the last quarter. Finally, Milestone Asset Management LLC boosted its holdings in shares of Walmart by 156.7% during the 1st quarter. Milestone Asset Management LLC now owns 54,659 shares of the retailer's stock valued at $4,799,000 after acquiring an additional 33,370 shares in the last quarter. Institutional investors own 26.76% of the company's stock.

Walmart Stock Down 4.5%

Shares of WMT opened at $97.9050 on Friday. The company has a market capitalization of $781.32 billion, a PE ratio of 41.84, a PEG ratio of 4.93 and a beta of 0.66. Walmart Inc. has a 12 month low of $75.01 and a 12 month high of $105.30. The stock's 50-day moving average price is $97.94 and its two-hundred day moving average price is $95.65. The company has a current ratio of 0.78, a quick ratio of 0.22 and a debt-to-equity ratio of 0.47.

Walmart (NYSE:WMT - Get Free Report) last announced its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). The business had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. Walmart had a net margin of 2.75% and a return on equity of 21.76%. The firm's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.67 earnings per share. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Announces Dividend

The company also recently declared a dividend, which will be paid on Tuesday, September 2nd. Investors of record on Monday, August 18th will be paid a dividend of $0.235 per share. This represents a yield of 90.0%. The ex-dividend date of this dividend is Friday, August 15th. Walmart's dividend payout ratio is 40.17%.

Wall Street Analyst Weigh In

WMT has been the topic of several recent research reports. Mizuho reissued an "outperform" rating and set a $115.00 price objective on shares of Walmart in a report on Wednesday, August 13th. Evercore ISI reissued an "outperform" rating and set a $110.00 price objective (up previously from $108.00) on shares of Walmart in a report on Monday. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Walmart in a report on Monday, May 5th. Oppenheimer lifted their target price on Walmart from $110.00 to $115.00 and gave the stock an "outperform" rating in a report on Wednesday, August 13th. Finally, Telsey Advisory Group lifted their target price on Walmart from $115.00 to $118.00 and gave the stock an "outperform" rating in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of $110.00.

Insider Transactions at Walmart

In related news, EVP Kathryn J. Mclay sold 4,000 shares of the company's stock in a transaction that occurred on Friday, June 20th. The stock was sold at an average price of $95.24, for a total transaction of $380,960.00. Following the transaction, the executive vice president directly owned 1,060,455 shares of the company's stock, valued at approximately $100,997,734.20. This represents a 0.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the company's stock in a transaction that occurred on Thursday, July 24th. The stock was sold at an average price of $95.58, for a total value of $1,855,781.28. Following the transaction, the chief executive officer directly owned 4,412,398 shares in the company, valued at approximately $421,737,000.84. This trade represents a 0.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 88,841 shares of company stock valued at $8,565,205 in the last 90 days. Corporate insiders own 0.10% of the company's stock.

Walmart Company Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.

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