Interchange Capital Partners LLC Sells 6,309 Shares of Walmart Inc. $WMT

Key Points

• Interchange Capital Partners LLC sold 6,309 shares of Walmart Inc., reducing its position by 87.3% during the 2nd quarter, leaving it with a total of 914 shares valued at $89,000.
• Walmart reported a quarterly EPS of $0.68, missing the analysts' consensus estimate of $0.74, with a total revenue of $169.34 billion, below the expected $174.02 billion.
• Several institutional investors increased their positions in Walmart, with Weatherly Asset Management growing its stake by 7.0%, now holding 56,140 shares valued at $5,489,000.

Interchange Capital Partners LLC cut its position in Walmart Inc. (NYSE:WMT - Free Report) by 87.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 914 shares of the retailer's stock after selling 6,309 shares during the quarter. Interchange Capital Partners LLC's holdings in Walmart were worth $89,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Weatherly Asset Management L. P. grew its stake 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 valued at $5,489,000 after buying an additional 3,696 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management boosted its position in Walmart by 34.6% during 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 period. Ally Financial Inc. bought a new position in Walmart during the first quarter worth $2,107,000. Night Squared LP bought a new position in Walmart during the first quarter worth $1,052,000. Finally, Monument Capital Management boosted its position in Walmart by 94.2% during 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 period. 26.76% of the stock is owned by institutional investors.

Walmart Trading Up 1.7%

Shares of Walmart stock opened at $109.05 on Thursday. The firm has a 50-day moving average of $101.55 and a 200-day moving average of $97.61. The stock has a market cap of $869.45 billion, a PE ratio of 41.00, a PEG ratio of 5.05 and a beta of 0.67. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $109.56. 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 announced its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). The business had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company's revenue was up 4.8% compared to the same quarter last year. During the same period in the previous year, the firm 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. As a group, sell-side analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have commented on WMT. Telsey Advisory Group reaffirmed an "outperform" rating and set a $118.00 price objective on shares of Walmart in a research report on Wednesday, September 24th. Erste Group Bank raised shares of Walmart from a "hold" rating to a "buy" rating in a research report on Tuesday, August 5th. DA Davidson set a $117.00 price objective on shares of Walmart in a research report on Wednesday. Bank of America lifted their price objective on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a research report on Wednesday, September 17th. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of Walmart in a research report on Wednesday, October 8th. Thirty-one equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Walmart has a consensus rating of "Moderate Buy" and a consensus price target of $112.63.

Insiders Place Their Bets

In related news, EVP John D. Rainey sold 2,200 shares of the business's stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $97.37, for a total value of $214,214.00. Following the completion of the transaction, the executive vice president owned 623,918 shares of the company's stock, valued at $60,750,895.66. The trade was a 0.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP John R. Furner sold 13,125 shares of the business's stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $98.55, for a total value of $1,293,468.75. Following the completion of the transaction, the executive vice president directly owned 919,189 shares of the company's stock, valued at approximately $90,586,075.95. This trade represents a 1.41% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 136,363 shares of company stock valued at $13,668,438 over the last 90 days. 0.10% of the stock is owned by company insiders.

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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