Cullen Capital Management LLC Purchases Shares of 38,704 Walmart Inc. $WMT

Cullen Capital Management LLC purchased a new position in shares of Walmart Inc. (NASDAQ:WMT - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 38,704 shares of the retailer's stock, valued at approximately $4,381,000.

Other institutional investors have also modified their holdings of the company. MFA Wealth Services raised its position in Walmart by 0.7% during the first quarter. MFA Wealth Services now owns 10,909 shares of the retailer's stock valued at $1,356,000 after acquiring an additional 80 shares in the last quarter. Realta Investment Advisors boosted its position in Walmart by 2.0% in the 1st quarter. Realta Investment Advisors now owns 4,089 shares of the retailer's stock worth $508,000 after purchasing an additional 81 shares in the last quarter. Compton Financial Group LLC boosted its position in Walmart by 4.1% in the 1st quarter. Compton Financial Group LLC now owns 2,081 shares of the retailer's stock worth $259,000 after purchasing an additional 82 shares in the last quarter. Renaissance Group LLC grew its stake in shares of Walmart by 0.9% during the 4th quarter. Renaissance Group LLC now owns 9,636 shares of the retailer's stock worth $1,074,000 after purchasing an additional 83 shares during the period. Finally, Calton & Associates Inc. grew its stake in shares of Walmart by 0.3% during the 4th quarter. Calton & Associates Inc. now owns 27,220 shares of the retailer's stock worth $3,033,000 after purchasing an additional 84 shares during the period. Hedge funds and other institutional investors own 26.76% of the company's stock.

Walmart Price Performance

Walmart stock opened at $103.09 on Friday. The stock has a market capitalization of $820.40 billion, a P/E ratio of 37.22, a P/E/G ratio of 3.90 and a beta of 0.61. The company's fifty day moving average price is $111.90 and its 200 day moving average price is $120.45. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.23 and a current ratio of 0.77. Walmart Inc. has a 1 year low of $95.79 and a 1 year high of $135.15.

Walmart (NASDAQ:WMT - Get Free Report) last posted its quarterly earnings data on Thursday, August 20th. The retailer reported $0.81 earnings per share for the quarter, topping analysts' consensus estimates of $0.74 by $0.07. The company had revenue of $187.94 billion during the quarter, compared to analysts' expectations of $186.64 billion. Walmart had a net margin of 3.00% and a return on equity of 21.83%. The firm's revenue for the quarter was up 5.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.68 earnings per share. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. As a group, equities research analysts anticipate that Walmart Inc. will post 2.87 earnings per share for the current fiscal year.

Key Headlines Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart’s fiscal second-quarter results showed continued momentum beyond traditional store sales: revenue reached approximately $187.9 billion, global e-commerce grew 23%, and advertising revenue increased 38%. These higher-growth businesses could support future margins and cash flow. Walmart Growth Engine Hums
• Positive Sentiment: Analysts and commentary continue to point to Walmart’s expanding e-commerce, digital advertising, memberships, convenience-led fulfillment, automation and AI initiatives as reasons the recent decline could represent a long-term buying opportunity. Walmart’s scale and value-focused pricing remain important competitive advantages. Walmart Continues to Grow Beyond Retail
• Neutral Sentiment: Walmart settled a U.S. Justice Department lawsuit alleging that its pharmacies unlawfully contributed to the opioid epidemic. Resolving the case removes an overhang and reduces legal uncertainty, although the financial terms and any broader implications remain important for investors. Walmart Settles U.S. Opioid Lawsuit
• Negative Sentiment: Recent coverage highlights a potentially tougher consumer environment. Walmart’s comparable sales growth was 3.4% excluding pharmacy-related items, while middle-income shoppers appear increasingly focused on necessities and limiting discretionary purchases. Walmart and Home Depot Results
• Negative Sentiment: Investors are also questioning whether Walmart’s valuation adequately reflects its strong performance. A high earnings multiple, slower core sales growth and the stock’s position below its moving averages have amplified the impact of the recent selloff. Walmart Selloff Analysis
• Negative Sentiment: Executive Vice President Daniel Danker sold 50,644 shares worth approximately $5.3 million. The sale was made under a pre-arranged Rule 10b5-1 plan to cover taxes on vested equity awards, making it a weaker bearish signal than discretionary insider selling. Walmart Insider Trading Filing

Analysts Set New Price Targets

Several equities analysts recently issued reports on WMT shares. Wolfe Research reiterated an "outperform" rating and issued a $115.00 target price on shares of Walmart in a research note on Friday, August 21st. KeyCorp restated an "overweight" rating on shares of Walmart in a research report on Wednesday, August 12th. Gordon Haskett cut shares of Walmart from a "buy" rating to an "accumulate" rating in a report on Thursday, August 20th. DA Davidson set a $132.00 price objective on shares of Walmart and gave the stock a "buy" rating in a research report on Friday, August 21st. Finally, Raymond James Financial reissued an "outperform" rating and set a $130.00 target price on shares of Walmart in a research note on Friday, August 21st. Three investment analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $131.88.

Insider Activity at Walmart

In related news, EVP Christopher James Nicholas sold 2,900 shares of Walmart stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $106.34, for a total value of $308,386.00. Following the sale, the executive vice president directly owned 569,153 shares in the company, valued at approximately $60,523,730.02. The trade was a 0.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel J. Bartlett sold 3,710 shares of the business's stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $113.10, for a total value of $419,601.00. Following the sale, the executive vice president owned 626,299 shares of the company's stock, valued at approximately $70,834,416.90. This trade represents a 0.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 77,292 shares of company stock worth $8,421,143 over the last three months. Company insiders own 0.09% of the company's stock.

Walmart Profile

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.

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