Caisse DE Depot ET Placement DU Quebec Sells 1,094,050 Shares of Walmart Inc. $WMT

Key Points

• Caisse DE Depot ET Placement DU Quebec reduced its stake in Walmart Inc. by 21.4%, selling 1,094,050 shares, leaving it with approximately 4 million shares valued at $353.57 million.
• Walmart reported a missed earnings estimate for the last quarter, achieving $0.68 EPS compared to the consensus estimate of $0.74, along with a revenue of $169.34 billion.
• The company declared a $0.235 dividend to be paid on September 2nd, which reflects a dividend yield of 90.0% and a payout ratio of 35.34%.

Caisse DE Depot ET Placement DU Quebec cut its stake in Walmart Inc. (NYSE:WMT - Free Report) by 21.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,027,488 shares of the retailer's stock after selling 1,094,050 shares during the period. Walmart comprises about 0.7% of Caisse DE Depot ET Placement DU Quebec's investment portfolio, making the stock its 29th largest position. Caisse DE Depot ET Placement DU Quebec owned 0.05% of Walmart worth $353,573,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Full Sail Capital LLC lifted its stake in Walmart by 6.6% in the fourth quarter. Full Sail Capital LLC now owns 8,702 shares of the retailer's stock worth $786,000 after acquiring an additional 541 shares during the period. Leslie Global Wealth LLC lifted its stake in Walmart by 22.0% in the fourth quarter. Leslie Global Wealth LLC now owns 3,154 shares of the retailer's stock worth $285,000 after acquiring an additional 568 shares during the period. Monument Capital Management lifted its stake in Walmart by 94.2% in the first quarter. Monument Capital Management now owns 55,004 shares of the retailer's stock worth $4,829,000 after acquiring an additional 26,685 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in Walmart by 11.8% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 7,959,752 shares of the retailer's stock worth $698,787,000 after acquiring an additional 838,689 shares during the period. Finally, Milestone Asset Management LLC lifted its stake in Walmart by 156.7% in the first quarter. Milestone Asset Management LLC now owns 54,659 shares of the retailer's stock worth $4,799,000 after acquiring an additional 33,370 shares during the period. 26.76% of the stock is currently owned by institutional investors.

Insider Activity at Walmart

In related news, EVP John D. Rainey sold 2,200 shares of the stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $98.30, for a total value of $216,260.00. Following the transaction, the executive vice president owned 626,118 shares in the company, valued at approximately $61,547,399.40. This represents a 0.35% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP John R. Furner sold 13,125 shares of the stock in a transaction that occurred on Thursday, July 17th. The stock was sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the completion of the transaction, the executive vice president owned 932,313 shares in the company, valued at approximately $88,700,258.82. This trade represents a 1.39% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 88,841 shares of company stock valued at $8,565,205. Company insiders own 0.10% of the company's stock.

Walmart Stock Performance

Shares of Walmart stock opened at $96.8190 on Monday. The firm has a market capitalization of $772.66 billion, a P/E ratio of 36.40, a PEG ratio of 4.65 and a beta of 0.66. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The company has a 50 day moving average price of $97.99 and a 200 day moving average price of $95.53. Walmart Inc. has a 52 week low of $75.01 and a 52 week high of $105.30.

Walmart (NYSE:WMT - Get Free Report) last announced 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). The company had revenue of $169.34 billion during the quarter, compared to analysts' expectations of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the previous year, the business 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. Sell-side analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Announces Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, September 2nd. Investors of record on Monday, August 18th will be given a $0.235 dividend. This represents a dividend yield of 90.0%. The ex-dividend date of this dividend is Friday, August 15th. Walmart's dividend payout ratio (DPR) is presently 35.34%.

Analysts Set New Price Targets

WMT has been the subject of a number of research reports. Guggenheim reaffirmed a "buy" rating and issued a $115.00 price objective (up from $112.00) on shares of Walmart in a research note on Monday, August 18th. Citigroup reaffirmed a "buy" rating on shares of Walmart in a research note on Tuesday, May 6th. Royal Bank Of Canada reissued an "outperform" rating and set a $106.00 price target on shares of Walmart in a research report on Friday. Erste Group Bank raised shares of Walmart from a "hold" rating to a "buy" rating in a research report on Tuesday, August 5th. Finally, Evercore ISI reissued an "outperform" rating and set a $110.00 price target (up from $108.00) on shares of Walmart in a research report on Monday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of $110.07.

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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