Cadinha & Co. LLC Raises Holdings in Walmart Inc. $WMT

Key Points

• Cadinha & Co. LLC increased its holdings in Walmart by 26.9% during the second quarter, now owning 249,158 shares worth approximately $24.36 million.
• Walmart's recent quarterly earnings reported an EPS of $0.68, missing estimates and showing a 4.8% year-over-year revenue growth.
• A number of analysts have set varying price targets for Walmart's stock, with an average target price currently at $112.67, reflecting a consensus "Moderate Buy" rating.

Cadinha & Co. LLC increased its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 26.9% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 249,158 shares of the retailer's stock after buying an additional 52,820 shares during the quarter. Walmart comprises approximately 4.0% of Cadinha & Co. LLC's portfolio, making the stock its 9th biggest position. Cadinha & Co. LLC's holdings in Walmart were worth $24,363,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Operose Advisors LLC boosted its stake in Walmart by 319.7% in the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock worth $28,000 after purchasing an additional 243 shares during the period. PFS Partners LLC lifted its holdings in Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer's stock worth $31,000 after buying an additional 233 shares during the period. Bear Mountain Capital Inc. grew its holdings in Walmart by 98.2% in the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after purchasing an additional 167 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its stake in Walmart by 432.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock worth $32,000 after purchasing an additional 294 shares in the last quarter. Finally, Ridgewood Investments LLC boosted its position in Walmart by 55.3% in the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock valued at $32,000 after buying an additional 115 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors.

Walmart Stock Performance

NYSE WMT opened at $107.27 on Thursday. The business's 50-day simple moving average is $101.92 and its 200-day simple moving average is $98.28. 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 Inc. has a 1-year low of $79.81 and a 1-year high of $109.57. The firm has a market capitalization of $855.26 billion, a P/E ratio of 40.32, a P/E/G ratio of 5.00 and a beta of 0.67.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company had revenue of $169.34 billion during the quarter, compared to analysts' expectations of $174.02 billion. During the same period last year, the business earned $0.67 earnings per share. The company's revenue for the quarter was up 4.8% compared to the same quarter last year. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Equities analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have issued reports on WMT shares. DA Davidson set a $117.00 price target on Walmart in a research report on Wednesday, October 15th. BTIG Research initiated coverage on shares of Walmart in a research report on Tuesday, October 14th. They set a "buy" rating and a $120.00 price target for the company. Truist Financial reduced their target price on shares of Walmart from $111.00 to $109.00 and set a "buy" rating on the stock in a report on Friday, August 22nd. Erste Group Bank upgraded Walmart from a "hold" rating to a "buy" rating in a research note on Tuesday, August 5th. Finally, Mizuho reissued an "outperform" rating and issued a $115.00 target price on shares of Walmart in a report on Wednesday, August 13th. Thirty-one equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $112.67.

Insider Activity

In other Walmart news, EVP John R. Furner sold 13,125 shares of the firm's stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $98.55, for a total value of $1,293,468.75. Following the sale, the executive vice president owned 919,189 shares in the company, valued at approximately $90,586,075.95. This trade represents a 1.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP John D. Rainey sold 2,200 shares of the firm's stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $97.37, for a total value of $214,214.00. Following the transaction, the executive vice president directly owned 623,918 shares in the company, valued at $60,750,895.66. This trade represents a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 131,622 shares of company stock valued at $13,444,273 over the last three months. 0.10% of the stock is currently owned by company insiders.

Walmart 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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