Banyan Capital Management Inc. Purchases Shares of 2,835 Walmart Inc. $WMT

Key Points

• Banyan Capital Management Inc. acquired 2,835 shares of Walmart Inc. valued at approximately $277,000, making it the firm’s 19th largest position at just 0.1% of its holdings.
• Several hedge funds have also increased their positions in Walmart, with notable increases including Bedel Financial Consulting Inc. raising its stake by 0.4% and Scott & Selber Inc. increasing their holdings by 3.7% in the first quarter.
• Walmart's recent quarterly earnings report indicated an EPS of $0.68, missing analysts' estimates, with total revenue of $169.34 billion, below the expected $174.02 billion.

Banyan Capital Management Inc. acquired a new position in Walmart Inc. (NYSE:WMT - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 2,835 shares of the retailer's stock, valued at approximately $277,000. Walmart accounts for 0.1% of Banyan Capital Management Inc.'s holdings, making the stock its 19th biggest position.

Several other hedge funds have also recently made changes to their positions in WMT. Bedel Financial Consulting Inc. boosted its holdings in Walmart by 0.4% in the first quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer's stock valued at $2,275,000 after acquiring an additional 102 shares in the last quarter. Scott & Selber Inc. raised its holdings in Walmart by 3.7% in the 1st quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer's stock worth $256,000 after purchasing an additional 105 shares in the last quarter. Capital Advisors Wealth Management LLC lifted its position in shares of Walmart by 1.4% in the 1st quarter. Capital Advisors Wealth Management LLC now owns 7,794 shares of the retailer's stock worth $684,000 after purchasing an additional 105 shares during the period. Lauterbach Financial Advisors LLC boosted its stake in shares of Walmart by 1.8% during the 1st quarter. Lauterbach Financial Advisors LLC now owns 5,885 shares of the retailer's stock valued at $517,000 after purchasing an additional 106 shares in the last quarter. Finally, Baron Silver Stevens Financial Advisors LLC increased its position in shares of Walmart by 1.4% during the first quarter. Baron Silver Stevens Financial Advisors LLC now owns 7,799 shares of the retailer's stock valued at $685,000 after buying an additional 106 shares during the period. 26.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the business's stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $100.96, for a total value of $403,840.00. Following the completion of the transaction, the executive vice president owned 1,052,455 shares in the company, valued at $106,255,856.80. The trade was a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CTO Suresh Kumar sold 30,000 shares of the company's stock in a transaction on Friday, September 12th. The shares were sold at an average price of $103.47, for a total value of $3,104,100.00. Following the transaction, the chief technology officer directly owned 1,787,200 shares in the company, valued at approximately $184,921,584. The trade was a 1.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 151,232 shares of company stock valued at $14,960,635 in the last quarter. Insiders own 0.10% of the company's stock.

Walmart Price Performance

Shares of NYSE:WMT opened at $102.44 on Wednesday. The business has a fifty day moving average price of $99.68 and a 200-day moving average price of $95.77. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. The company has a market capitalization of $816.76 billion, a PE ratio of 38.51, a PEG ratio of 4.85 and a beta of 0.65. Walmart Inc. has a 1-year low of $78.98 and a 1-year high of $106.11.

Walmart (NYSE:WMT - Get Free Report) last announced its quarterly earnings results 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 firm had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business's revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.67 EPS. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. As a group, equities analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have commented on WMT shares. The Goldman Sachs Group raised their price objective on shares of Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a report on Friday, August 22nd. Evercore ISI restated an "outperform" rating and issued a $110.00 target price (up previously from $108.00) on shares of Walmart in a research note on Monday, August 18th. Sanford C. Bernstein set a $117.00 price target on Walmart and gave the stock an "outperform" rating in a research note on Friday, August 22nd. Wolfe Research assumed coverage on Walmart in a research report on Thursday, September 18th. They set an "outperform" rating and a $129.00 price objective for the company. Finally, Erste Group Bank upgraded shares of Walmart from a "hold" rating to a "buy" rating in a report on Tuesday, August 5th. Twenty-nine analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $112.62.

About Walmart

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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