CHURCHILL MANAGEMENT Corp Invests $3 Million in Walmart Inc. $WMT

Key Points

• CHURCHILL MANAGEMENT Corp has invested approximately $3 million in Walmart Inc. by acquiring 30,646 shares during the second quarter, according to a recent 13F filing.
• Walmart's stock has received multiple analyst upgrades, with a current consensus rating of "Moderate Buy" and an average price target of $112.38.
• For the last quarter, Walmart reported earnings of $0.68 per share, missing expectations, with a revenue of $169.34 billion, which was also below consensus estimates.

CHURCHILL MANAGEMENT Corp bought a new stake in shares of Walmart Inc. (NYSE:WMT - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 30,646 shares of the retailer's stock, valued at approximately $2,997,000.

Several other large investors have also added to or reduced their stakes in the stock. Bedel Financial Consulting Inc. raised its stake in Walmart by 0.4% in the first quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer's stock worth $2,275,000 after buying an additional 102 shares in the last quarter. Scott & Selber Inc. grew its holdings in shares of Walmart by 3.7% during the 1st quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer's stock worth $256,000 after acquiring an additional 105 shares during the period. Capital Advisors Wealth Management LLC raised 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 acquiring an additional 105 shares in the last quarter. Lauterbach Financial Advisors LLC raised its position in shares of Walmart by 1.8% in the 1st quarter. Lauterbach Financial Advisors LLC now owns 5,885 shares of the retailer's stock worth $517,000 after acquiring an additional 106 shares in the last quarter. Finally, Baron Silver Stevens Financial Advisors LLC lifted its stake in shares of Walmart by 1.4% in the 1st quarter. Baron Silver Stevens Financial Advisors LLC now owns 7,799 shares of the retailer's stock valued at $685,000 after purchasing an additional 106 shares during the period. Institutional investors own 26.76% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Erste Group Bank upgraded Walmart from a "hold" rating to a "buy" rating in a report on Tuesday, August 5th. Truist Financial decreased their price target on shares of Walmart from $111.00 to $109.00 and set a "buy" rating for the company in a research note on Friday, August 22nd. Telsey Advisory Group reissued an "outperform" rating and set a $118.00 price target on shares of Walmart in a research report on Wednesday, September 24th. Bank of America upped their price objective on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a report on Wednesday, September 17th. Finally, Guggenheim reiterated a "buy" rating and set a $115.00 target price (up from $112.00) on shares of Walmart in a report on Monday, August 18th. Twenty-nine analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $112.38.

Walmart Price Performance

Shares of WMT opened at $101.77 on Friday. Walmart Inc. has a twelve month low of $78.98 and a twelve month high of $106.11. The company has a market capitalization of $811.38 billion, a P/E ratio of 38.26, a price-to-earnings-growth ratio of 4.81 and a beta of 0.67. The firm has a 50 day moving average of $100.68 and a 200 day moving average of $96.50. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.06). The business had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business's revenue was up 4.8% compared to the same quarter last year. During the same period last year, the company posted $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. As a group, equities research analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Walmart news, EVP John D. Rainey sold 2,200 shares of the business's stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $101.33, for a total value of $222,926.00. Following the completion of the transaction, the executive vice president owned 621,718 shares of the company's stock, valued at approximately $62,998,684.94. The trade was 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 hyperlink. Also, EVP Daniel J. Bartlett sold 1,610 shares of the firm's stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $103.71, for a total transaction of $166,973.10. Following the sale, the executive vice president directly owned 645,968 shares in the company, valued at approximately $66,993,341.28. The trade was a 0.25% decrease in their position. The disclosure for this sale can be found here. Insiders sold 151,232 shares of company stock worth $15,083,877 in the last three months. 0.10% of the stock is currently owned by company insiders.

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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