Border to Coast Pensions Partnership Ltd Sells 51,537 Shares of Walmart Inc. $WMT

Key Points

• Border to Coast Pensions Partnership Ltd has decreased its stake in Walmart Inc. by 5.6%, now holding 871,841 shares valued at approximately $85 million, making it their 14th largest position.
• In recent trading, Walmart's shares have seen a 1.2% decline and the company reported earnings that fell short of expectations, with $0.68 EPS against an estimated $0.74 EPS.
• Analysts maintain a favorable outlook on Walmart, with several brokers increasing their price targets, and a consensus rating of "Buy" with an average target price of $112.03.

Border to Coast Pensions Partnership Ltd reduced its position in Walmart Inc. (NYSE:WMT - Free Report) by 5.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 871,841 shares of the retailer's stock after selling 51,537 shares during the period. Walmart comprises about 1.6% of Border to Coast Pensions Partnership Ltd's holdings, making the stock its 14th largest position. Border to Coast Pensions Partnership Ltd's holdings in Walmart were worth $85,249,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Kingstone Capital Partners Texas LLC grew its holdings in shares of Walmart by 397,264.9% during the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer's stock worth $10,496,702,000 after purchasing an additional 104,488,610 shares during the last quarter. Nuveen LLC acquired a new position in shares of Walmart in the first quarter valued at $2,532,331,000. GAMMA Investing LLC boosted its position in shares of Walmart by 9,896.9% in the first quarter. GAMMA Investing LLC now owns 7,939,728 shares of the retailer's stock valued at $697,029,000 after acquiring an additional 7,860,306 shares during the period. Goldman Sachs Group Inc. increased its holdings in Walmart by 30.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer's stock valued at $2,922,770,000 after buying an additional 7,706,201 shares during the period. Finally, Wellington Management Group LLP increased its holdings in shares of Walmart by 527.1% during the first quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer's stock worth $591,620,000 after buying an additional 5,664,484 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Insider Buying and Selling

In other news, 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 of the company's stock, valued at approximately $184,921,584. This represents a 1.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Daniel J. Bartlett sold 1,610 shares of the stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $103.71, for a total value of $166,973.10. Following the transaction, the executive vice president owned 645,968 shares in the company, valued at approximately $66,993,341.28. This trade represents a 0.25% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 151,232 shares of company stock worth $14,960,635. Company insiders own 0.10% of the company's stock.

Walmart Price Performance

Walmart stock traded down $0.39 during mid-day trading on Tuesday, reaching $102.43. The company had a trading volume of 8,130,211 shares, compared to its average volume of 18,866,164. The stock's 50-day simple moving average is $99.54 and its 200-day simple moving average is $95.72. The company has a market capitalization of $816.63 billion, a P/E ratio of 38.51, a P/E/G ratio of 4.82 and a beta of 0.65. Walmart Inc. has a 1 year low of $78.98 and a 1 year high of $106.11. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23.

Walmart (NYSE:WMT - Get Free Report) last issued its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share 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 analyst estimates of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. Walmart's revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $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. On average, equities analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Wall Street Analyst Weigh In

WMT has been the topic of a number of research reports. KeyCorp upped their target price on Walmart from $105.00 to $110.00 and gave the stock an "overweight" rating in a research report on Monday, June 9th. Oppenheimer raised their price target on Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a research report on Wednesday, August 13th. Sanford C. Bernstein set a $117.00 target price on shares of Walmart and gave the stock an "outperform" rating in a report on Friday, August 22nd. Evercore ISI reiterated an "outperform" rating and issued a $110.00 price target (up from $108.00) on shares of Walmart in a research note on Monday, August 18th. Finally, Wolfe Research assumed coverage on Walmart in a research report on Thursday, September 18th. They issued an "outperform" rating and a $129.00 target price for the company. Twenty-nine investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company 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.