DekaBank Deutsche Girozentrale Cuts Stock Position in Walmart Inc. $WMT

Key Points

• DekaBank Deutsche Girozentrale reduced its stock position in Walmart Inc. by 0.4%, owning 2,640,233 shares valued at approximately $257.3 million after selling 11,213 shares in the second quarter.
• Insider transactions at Walmart include sales from EVP Kathryn J. Mclay and CTO Suresh Kumar, who sold 4,000 and 30,000 shares respectively, indicating a modest decrease in their holdings.
• Brokerages are optimistic about Walmart, with several setting target prices above $100, and a consensus rating of "Moderate Buy" among analysts.

DekaBank Deutsche Girozentrale reduced its position in Walmart Inc. (NYSE:WMT - Free Report) by 0.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,640,233 shares of the retailer's stock after selling 11,213 shares during the quarter. DekaBank Deutsche Girozentrale's holdings in Walmart were worth $257,341,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Operose Advisors LLC boosted its holdings in shares of Walmart by 319.7% in the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock worth $28,000 after purchasing an additional 243 shares in the last quarter. PFS Partners LLC boosted its holdings in shares of Walmart by 267.8% in the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer's stock worth $31,000 after purchasing an additional 233 shares in the last quarter. Ridgewood Investments LLC lifted its stake in shares of Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock valued at $32,000 after acquiring an additional 115 shares during the last quarter. Bear Mountain Capital Inc. boosted its holdings in Walmart by 98.2% during the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock valued at $32,000 after acquiring an additional 167 shares during the period. Finally, Clal Insurance Enterprises Holdings Ltd boosted its holdings in Walmart by 432.4% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock valued at $32,000 after acquiring an additional 294 shares during the period. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Walmart

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction that occurred on Tuesday, August 19th. The stock was 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 owned 1,052,455 shares of the company's stock, valued at approximately $106,255,856.80. This represents a 0.38% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Suresh Kumar sold 30,000 shares of the stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $103.47, for a total value of $3,104,100.00. Following the completion of the transaction, the chief technology officer directly owned 1,787,200 shares of the company's stock, valued at $184,921,584. This represents a 1.65% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 147,038 shares of company stock worth $14,869,054. 0.10% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on WMT. Evercore ISI restated an "outperform" rating and set a $110.00 target price (up from $108.00) on shares of Walmart in a report on Monday, August 18th. Sanford C. Bernstein set a $117.00 target price on Walmart and gave the company an "outperform" rating in a report on Friday, August 22nd. Royal Bank Of Canada restated an "outperform" rating and set a $106.00 target price on shares of Walmart in a report on Friday, August 22nd. Tigress Financial increased their target price on Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a report on Wednesday, September 3rd. Finally, JPMorgan Chase & Co. dropped their target price on Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a report on Friday, August 22nd. Thirty-one equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Walmart currently has an average rating of "Moderate Buy" and a consensus target price of $112.63.

Walmart Trading Down 0.6%

WMT opened at $107.06 on Tuesday. The business has a 50 day simple moving average of $101.75 and a two-hundred day simple moving average of $98.16. The firm has a market capitalization of $853.60 billion, a price-to-earnings ratio of 40.25, a PEG ratio of 5.08 and a beta of 0.67. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. Walmart Inc. has a one year low of $79.81 and a one year high of $109.57.

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 analysts' consensus estimates of $0.74 by ($0.06). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. During the same period in the previous year, the company earned $0.67 EPS. The company's revenue for the quarter was up 4.8% on a year-over-year basis. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Walmart 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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