Generali Asset Management SPA SGR Grows Stock Position in Walmart Inc. $WMT

Key Points

• Generali Asset Management SPA SGR increased its stake in Walmart Inc. by 10.5%, holding 187,655 shares valued at approximately $18.35 million as of its latest SEC filing.
• Walmart's latest quarterly earnings report showed an EPS of $0.68, missing forecasts by $0.06, with revenue of $169.34 billion compared to expectations of $174.02 billion.
• Recent analyst ratings for Walmart include an "outperform" rating from Sanford C. Bernstein with a price target of $117.00, indicating continued optimism about the stock's performance.

Generali Asset Management SPA SGR grew its stake in Walmart Inc. (NYSE:WMT - Free Report) by 10.5% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 187,655 shares of the retailer's stock after buying an additional 17,888 shares during the quarter. Generali Asset Management SPA SGR's holdings in Walmart were worth $18,349,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Bedel Financial Consulting Inc. increased its position in Walmart by 0.4% in the 1st quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer's stock valued at $2,275,000 after acquiring an additional 102 shares during the period. Revolve Wealth Partners LLC increased its position in Walmart by 1.1% in the 2nd quarter. Revolve Wealth Partners LLC now owns 9,830 shares of the retailer's stock valued at $961,000 after acquiring an additional 103 shares during the period. Scott & Selber Inc. increased its holdings in shares of 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 purchasing an additional 105 shares during the period. Capital Advisors Wealth Management LLC increased its holdings in shares of 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 purchasing an additional 105 shares during the period. Finally, RoundAngle Advisors LLC increased its stake in Walmart by 0.4% during the 2nd quarter. RoundAngle Advisors LLC now owns 25,995 shares of the retailer's stock valued at $2,542,000 after buying an additional 105 shares during the period. Hedge funds and other institutional investors own 26.76% of the company's stock.

Walmart Stock Performance

Walmart stock opened at $109.05 on Thursday. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $109.56. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. The company has a market cap of $869.45 billion, a P/E ratio of 41.00, a price-to-earnings-growth ratio of 5.05 and a beta of 0.67. The firm's 50 day simple moving average is $101.55 and its 200-day simple moving average is $97.61.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share 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 for the quarter, compared to analysts' expectations of $174.02 billion. During the same quarter in the previous year, the firm posted $0.67 earnings per share. 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. As a group, equities research analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Insider Activity at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction dated Thursday, July 24th. The stock was sold at an average price of $95.58, for a total transaction of $1,855,781.28. Following the transaction, the chief executive officer owned 4,412,398 shares of the company's stock, valued at $421,737,000.84. The trade was a 0.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of the business's stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $97.37, for a total transaction of $214,214.00. Following the transaction, the executive vice president directly owned 623,918 shares in the company, valued at $60,750,895.66. The trade was a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 136,363 shares of company stock worth $13,668,438. Company insiders own 0.10% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on WMT. Sanford C. Bernstein set a $117.00 price target on Walmart and gave the company an "outperform" rating in a research report on Friday, August 22nd. Evercore ISI reaffirmed 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. Truist Financial lowered their target price on Walmart from $111.00 to $109.00 and set a "buy" rating on the stock in a report on Friday, August 22nd. JPMorgan Chase & Co. lowered their price objective on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating on the stock in a research note on Friday, August 22nd. Finally, BTIG Research started coverage on shares of Walmart in a research note on Tuesday. They issued a "buy" rating and a $120.00 price objective on the stock. Thirty-one analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $112.63.

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.

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