Ifrah Financial Services Inc. Lowers Stock Holdings in Walmart Inc. $WMT

Key Points

• Ifrah Financial Services Inc. reduced its stake in Walmart Inc. by 15.9% during the second quarter, owning 24,214 shares worth approximately $2.37 million after selling 4,567 shares.
• CEO C. Douglas McMillon sold 19,416 shares of Walmart stock, valued at approximately $2 million, resulting in a 0.44% decrease in his ownership.
• Walmart reported $0.68 EPS for the last quarter, missing analysts' estimates, with revenues of $169.34 billion, below the anticipated $174.02 billion.

Ifrah Financial Services Inc. trimmed its position in Walmart Inc. (NYSE:WMT - Free Report) by 15.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,214 shares of the retailer's stock after selling 4,567 shares during the quarter. Ifrah Financial Services Inc.'s holdings in Walmart were worth $2,368,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of WMT. Weatherly Asset Management L. P. increased its position in shares of Walmart by 7.0% in the second quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer's stock worth $5,489,000 after purchasing an additional 3,696 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management increased its position in shares of Walmart by 34.6% in the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer's stock worth $3,355,000 after purchasing an additional 9,831 shares during the last quarter. Ally Financial Inc. bought a new position in shares of Walmart in the first quarter worth approximately $2,107,000. Night Squared LP bought a new position in shares of Walmart in the first quarter worth approximately $1,052,000. Finally, Monument Capital Management increased its position in shares of Walmart by 94.2% in the first quarter. Monument Capital Management now owns 55,004 shares of the retailer's stock worth $4,829,000 after purchasing an additional 26,685 shares during the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction that occurred on Thursday, September 25th. The stock was sold at an average price of $103.21, for a total transaction of $2,003,925.36. Following the completion of the sale, the chief executive officer owned 4,373,576 shares of the company's stock, valued at approximately $451,396,778.96. This represents a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $103.83, for a total value of $415,320.00. Following the sale, the executive vice president directly owned 1,048,455 shares of the company's stock, valued at approximately $108,861,082.65. This trade represents a 0.38% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 151,038 shares of company stock valued at $15,249,614. Corporate insiders own 0.10% of the company's stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. DA Davidson set a $117.00 price objective on shares of Walmart in a research report on Wednesday. BTIG Research assumed coverage on shares of Walmart in a research report on Tuesday. They set a "buy" rating and a $120.00 price target on the stock. Guggenheim reiterated a "buy" rating and set a $115.00 price target (up from $112.00) on shares of Walmart in a research report on Monday, August 18th. Erste Group Bank upgraded shares of Walmart from a "hold" rating to a "buy" rating in a research report on Tuesday, August 5th. Finally, Piper Sandler reiterated an "overweight" rating and set a $111.00 price target on shares of Walmart in a research report on Wednesday, September 24th. Thirty-one analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $112.63.

Walmart Stock Performance

NYSE:WMT opened at $107.80 on Friday. The firm has a market cap of $859.50 billion, a PE ratio of 40.53, a price-to-earnings-growth ratio of 5.02 and a beta of 0.67. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $109.57. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The business has a 50 day moving average price of $101.69 and a 200-day moving average price of $97.86.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). The company 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 revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period last year, the company posted $0.67 EPS. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Equities research analysts predict that Walmart Inc. will post 2.55 earnings per share 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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