Courier Capital LLC Has $6.92 Million Stock Position in Walmart Inc. $WMT

Key Points

• Courier Capital LLC reduced its holdings in Walmart Inc. by 10.8%, owning 70,791 shares worth approximately $6.92 million after selling 8,607 shares in the second quarter.
• Walmart's recent earnings showed a reported $0.68 earnings per share, missing estimates and reporting revenue of $169.34 billion, below the expected $174.02 billion.
• Analysts have updated their price targets for Walmart, with new objectives ranging from $109 to $129, reflecting a general optimism about the stock's performance.

Courier Capital LLC lowered its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 10.8% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 70,791 shares of the retailer's stock after selling 8,607 shares during the quarter. Courier Capital LLC's holdings in Walmart were worth $6,922,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Weatherly Asset Management L. P. boosted its holdings in shares of Walmart by 7.0% in the 2nd quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer's stock valued at $5,489,000 after buying an additional 3,696 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management boosted its holdings in shares of Walmart by 34.6% in the 1st quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer's stock valued at $3,355,000 after buying an additional 9,831 shares during the last quarter. Ally Financial Inc. acquired a new stake in shares of Walmart in the 1st quarter valued at approximately $2,107,000. Night Squared LP acquired a new stake in shares of Walmart in the 1st quarter valued at approximately $1,052,000. Finally, Monument Capital Management boosted its holdings in shares of Walmart by 94.2% in the 1st quarter. Monument Capital Management now owns 55,004 shares of the retailer's stock valued at $4,829,000 after buying an additional 26,685 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Walmart Stock Up 4.9%

WMT opened at $107.15 on Wednesday. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $107.92. The stock's fifty day simple moving average is $101.43 and its 200 day simple moving average is $97.53. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The stock has a market cap of $854.27 billion, a PE ratio of 40.28, a price-to-earnings-growth ratio of 4.81 and a beta of 0.67.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.06). The firm had revenue of $169.34 billion for 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 firm's quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the business 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, research analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

Analysts Set New Price Targets

WMT has been the subject of several recent analyst reports. Oppenheimer increased their price objective on Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a report on Wednesday, August 13th. Wolfe Research initiated coverage on Walmart in a report on Thursday, September 18th. They issued an "outperform" rating and a $129.00 price objective for the company. Truist Financial cut their price objective on Walmart from $111.00 to $109.00 and set a "buy" rating for the company in a report on Friday, August 22nd. Bank of America increased their price target on Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a research note on Wednesday, September 17th. Finally, Tigress Financial increased their price target on Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a research note on Wednesday, September 3rd. Thirty-one equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $112.63.

Insider Transactions at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $95.97, for a total transaction of $1,863,353.52. Following the transaction, the chief executive officer owned 4,392,985 shares in the company, valued at $421,594,770.45. This trade represents a 0.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, July 17th. The stock was sold at an average price of $95.14, for a total value of $1,248,712.50. Following the transaction, the executive vice president owned 932,313 shares in the company, valued at $88,700,258.82. The trade was a 1.39% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 149,488 shares of company stock worth $14,917,151 over the last quarter. 0.10% of the stock is currently owned by corporate insiders.

Walmart Company 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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