Cypress Capital Group Grows Stock Holdings in Walmart Inc. $WMT

Key Points

• Cypress Capital Group has increased its holdings in Walmart Inc. by 1.9%, now owning 141,463 shares valued at approximately $13.8 million, making Walmart the firm's 15th largest investment.
• Walmart's recent quarterly earnings showed EPS of $0.68, missing expectations of $0.74, with revenue reported at $169.34 billion against a forecast of $174.02 billion.
• Analysts have a generally positive outlook for Walmart, with 30 firms rating the stock as a Buy and setting a consensus target price of $112.38.

Cypress Capital Group boosted its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 1.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 141,463 shares of the retailer's stock after purchasing an additional 2,642 shares during the quarter. Walmart comprises about 1.7% of Cypress Capital Group's investment portfolio, making the stock its 15th largest position. Cypress Capital Group's holdings in Walmart were worth $13,832,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Bedel Financial Consulting Inc. raised its stake in Walmart by 0.4% during the first quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer's stock valued at $2,275,000 after purchasing an additional 102 shares in the last quarter. Scott & Selber Inc. increased its position in Walmart by 3.7% during the first quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer's stock valued at $256,000 after acquiring an additional 105 shares during the last quarter. Capital Advisors Wealth Management LLC increased its position in Walmart by 1.4% during the first quarter. Capital Advisors Wealth Management LLC now owns 7,794 shares of the retailer's stock valued at $684,000 after acquiring an additional 105 shares during the last quarter. Lauterbach Financial Advisors LLC increased its position in Walmart by 1.8% during the first quarter. Lauterbach Financial Advisors LLC now owns 5,885 shares of the retailer's stock valued at $517,000 after acquiring an additional 106 shares during the last quarter. Finally, Baron Silver Stevens Financial Advisors LLC increased its position in Walmart by 1.4% during the first quarter. Baron Silver Stevens Financial Advisors LLC now owns 7,799 shares of the retailer's stock valued at $685,000 after acquiring an additional 106 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently commented on WMT. Evercore ISI restated an "outperform" rating and issued a $110.00 price target (up from $108.00) on shares of Walmart in a report on Monday, August 18th. JPMorgan Chase & Co. cut their price target on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating on the stock in a report on Friday, August 22nd. Tigress Financial increased their target price on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a report on Wednesday, September 3rd. Bank of America increased their target price 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, Royal Bank Of Canada reiterated an "outperform" rating and set a $106.00 target price on shares of Walmart in a report on Friday, August 22nd. Thirty equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, Walmart currently has an average rating of "Moderate Buy" and a consensus target price of $112.38.

Walmart Stock Performance

WMT stock opened at $102.04 on Tuesday. The firm has a market cap of $813.51 billion, a price-to-earnings ratio of 38.36, a PEG ratio of 4.80 and a beta of 0.67. The firm has a 50-day simple moving average of $101.27 and a two-hundred day simple moving average of $97.46. Walmart Inc. has a one year low of $79.76 and a one year high of $106.11. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 EPS 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 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 quarterly revenue was up 4.8% compared to the same quarter last year. During the same period in the previous 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. On average, equities analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Activity at Walmart

In related news, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $100.96, for a total value of $403,840.00. Following the completion of the transaction, the executive vice president directly owned 1,052,455 shares of the company's stock, valued at $106,255,856.80. This trade represents a 0.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $95.97, for a total transaction of $1,863,353.52. Following the completion of the transaction, the chief executive officer directly owned 4,392,985 shares of the company's stock, valued at $421,594,770.45. The trade was a 0.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 149,488 shares of company stock valued at $14,917,151. Company insiders own 0.10% of the company's stock.

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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