Cullinan Associates Inc. Trims Holdings in Walmart Inc. $WMT

Cullinan Associates Inc. lessened its holdings in shares of Walmart Inc. (NASDAQ:WMT - Free Report) by 72.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 142,221 shares of the retailer's stock after selling 378,782 shares during the period. Walmart comprises approximately 1.4% of Cullinan Associates Inc.'s holdings, making the stock its 15th largest holding. Cullinan Associates Inc.'s holdings in Walmart were worth $17,675,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. MFA Wealth Services increased its stake in shares of 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 buying an additional 80 shares during the period. Realta Investment Advisors lifted its stake in Walmart by 2.0% in the first quarter. Realta Investment Advisors now owns 4,089 shares of the retailer's stock worth $508,000 after acquiring an additional 81 shares during the period. Compton Financial Group LLC lifted its stake in Walmart by 4.1% in the first quarter. Compton Financial Group LLC now owns 2,081 shares of the retailer's stock worth $259,000 after acquiring an additional 82 shares during the period. Renaissance Group LLC boosted its holdings in Walmart by 0.9% in the fourth quarter. Renaissance Group LLC now owns 9,636 shares of the retailer's stock valued at $1,074,000 after acquiring an additional 83 shares in the last quarter. Finally, Calton & Associates Inc. boosted its holdings in Walmart by 0.3% in the fourth quarter. Calton & Associates Inc. now owns 27,220 shares of the retailer's stock valued at $3,033,000 after acquiring an additional 84 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company's stock.

Insider Buying and Selling at Walmart

In other news, Director C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $118.63, for a total transaction of $2,303,320.08. Following the completion of the transaction, the director directly owned 4,174,579 shares in the company, valued at approximately $495,230,306.77. This trade represents a 0.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP David W. Guggina sold 11,978 shares of the business's stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $119.82, for a total value of $1,435,203.96. Following the completion of the sale, the executive vice president directly owned 125,067 shares in the company, valued at approximately $14,985,527.94. This represents a 8.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 104,505 shares of company stock valued at $12,858,514. 0.09% of the stock is currently owned by company insiders.

Walmart Price Performance

NASDAQ:WMT opened at $113.90 on Monday. The firm's 50-day moving average price is $120.48 and its 200-day moving average price is $122.03. The company has a market capitalization of $906.43 billion, a PE ratio of 39.97, a P/E/G ratio of 4.25 and a beta of 0.60. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.77 and a quick ratio of 0.23. Walmart Inc. has a 1-year low of $94.23 and a 1-year high of $135.15.

Walmart (NASDAQ:WMT - Get Free Report) last issued its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.66. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The company had revenue of $177.75 billion during the quarter, compared to analysts' expectations of $174.84 billion. During the same period last year, the company posted $0.61 EPS. Walmart's revenue was up 7.4% on a year-over-year basis. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. On average, equities analysts predict that Walmart Inc. will post 2.89 EPS for the current fiscal year.

Walmart News Roundup

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart is rolling out more wellness benefits at Sam’s Club, including Weight Watchers perks, which could deepen member loyalty, support renewals, and boost recurring membership revenue. Article Title
• Positive Sentiment: Walmart is also getting attention for broad price cuts across groceries and household staples, which should help reinforce its reputation as a defensive, inflation-fighting retailer and drive traffic to stores and clubs. Article Title
• Positive Sentiment: Jim Cramer said Walmart is one of the “greatest companies on earth” and called the recent pullback an “incredible buying opportunity,” helping support sentiment around the stock. Article Title
• Neutral Sentiment: Commentary around Walmart’s health event and its AI shopping efforts highlights longer-term strategic investments, but these items are more thematic than immediate catalysts for the stock. Article Title
• Neutral Sentiment: Coverage comparing Walmart’s AI shopping race with Amazon underscores competitive pressure in retail tech, but it does not point to any near-term operational setback for Walmart. Article Title

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on WMT shares. Freedom Capital raised shares of Walmart from a "strong sell" rating to a "hold" rating in a research report on Thursday, May 21st. Erste Group Bank cut shares of Walmart from a "buy" rating to a "hold" rating in a research report on Friday, June 5th. BMO Capital Markets reaffirmed an "outperform" rating on shares of Walmart in a research note on Friday, May 22nd. Sanford C. Bernstein reiterated an "outperform" rating on shares of Walmart in a research report on Monday, June 8th. Finally, Royal Bank Of Canada reissued an "outperform" rating and issued a $137.00 price target (down from $140.00) on shares of Walmart in a research note on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $138.85.

About Walmart

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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