3,401 Shares in Walmart Inc. $WMT Bought by Financiere des Professionnels Fonds d investissement inc.

Key Points

• Financiere des Professionnels Fonds d'investissement inc. acquired a new stake in Walmart Inc. during the second quarter, purchasing 3,401 shares valued at approximately $333,000.
• Walmart's recent earnings report showed a miss on EPS, with $0.68 reported compared to the consensus estimate of $0.74, and revenue of $169.34 billion against expectations of $174.02 billion.
• Insider transactions included significant sales, such as CTO Suresh Kumar selling 30,000 shares for over $3 million, representing a 1.65% decrease in their holdings.

Financiere des Professionnels Fonds d investissement inc. purchased a new stake in Walmart Inc. (NYSE:WMT - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 3,401 shares of the retailer's stock, valued at approximately $333,000.

Several other hedge funds also recently made changes to their positions in WMT. Operose Advisors LLC increased its stake in Walmart by 319.7% in the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock worth $28,000 after acquiring an additional 243 shares during the last quarter. Bear Mountain Capital Inc. increased its stake in Walmart by 98.2% in the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after acquiring an additional 167 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd increased its stake in Walmart by 432.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock worth $32,000 after acquiring an additional 294 shares during the last quarter. EQ Wealth Advisors LLC bought a new position in Walmart in the 1st quarter worth about $35,000. Finally, Lipe & Dalton increased its stake in Walmart by 95.2% in the 1st quarter. Lipe & Dalton now owns 410 shares of the retailer's stock worth $36,000 after acquiring an additional 200 shares during the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Walmart Stock Up 0.5%

Shares of NYSE:WMT traded up $0.55 during trading on Monday, hitting $102.88. The stock had a trading volume of 7,843,182 shares, compared to its average volume of 18,898,945. Walmart Inc. has a 12 month low of $78.98 and a 12 month high of $106.11. The company has a market capitalization of $820.25 billion, a PE ratio of 38.71, a PEG ratio of 4.82 and a beta of 0.65. The firm's fifty day moving average is $99.40 and its 200 day moving average is $95.64. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43.

Walmart (NYSE:WMT - Get Free Report) last announced its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.06). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. During the same period in the prior year, the company posted $0.67 EPS. The firm's revenue 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 anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Transactions at Walmart

In related news, CTO Suresh Kumar sold 30,000 shares of the firm's stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the completion of the transaction, the chief technology officer owned 1,787,200 shares of the company's stock, valued at $184,921,584. This trade represents a 1.65% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the firm's 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 transaction, the executive vice president directly owned 1,052,455 shares of the company's stock, valued at approximately $106,255,856.80. This trade represents a 0.38% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 134,107 shares of company stock worth $13,183,727. 0.10% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of brokerages have weighed in on WMT. Sanford C. Bernstein set a $117.00 target price on Walmart and gave the stock an "outperform" rating in a research note on Friday, August 22nd. KeyCorp upped their target price on Walmart from $105.00 to $110.00 and gave the stock an "overweight" rating in a research note on Monday, June 9th. Telsey Advisory Group upped their price objective on Walmart from $115.00 to $118.00 and gave the stock an "outperform" rating in a report on Friday, August 22nd. Bank of America upped their price objective on Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a report on Wednesday, September 17th. Finally, Evercore ISI reiterated an "outperform" rating and issued a $110.00 price objective (up from $108.00) on shares of Walmart in a report on Monday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $112.03.

About Walmart

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.