International Assets Investment Management LLC Has $7.70 Million Position in Walmart Inc. $WMT

Key Points

• International Assets Investment Management LLC reduced its Walmart holdings by 3.5% in Q2, now owning 78,767 shares valued at approximately $7.70 million.
• Bank of America raised its price target for Walmart from $120.00 to $125.00, maintaining a "buy" rating, while the average price target among analysts is currently $112.63.
• Walmart reported Q2 earnings of $0.68 per share, missing estimates by $0.06, with revenues of $169.34 billion compared to the projected $174.02 billion.

International Assets Investment Management LLC lessened its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 3.5% in the second quarter, according to its most recent filing with the SEC. The firm owned 78,767 shares of the retailer's stock after selling 2,873 shares during the period. International Assets Investment Management LLC's holdings in Walmart were worth $7,702,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Operose Advisors LLC lifted its position in Walmart by 319.7% during the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock worth $28,000 after buying an additional 243 shares in the last quarter. PFS Partners LLC increased its stake in shares of Walmart by 267.8% during the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer's stock worth $31,000 after purchasing an additional 233 shares during the last quarter. Ridgewood Investments LLC grew its stake in 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 buying an additional 115 shares during the last quarter. Bear Mountain Capital Inc. grew its stake in Walmart by 98.2% in the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock valued at $32,000 after buying an additional 167 shares during the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd grew 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 valued at $32,000 after buying an additional 294 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on WMT shares. Bank of America boosted their price objective on shares of Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a report on Wednesday, September 17th. BTIG Research began coverage on shares of Walmart in a research note on Tuesday. They issued a "buy" rating and a $120.00 price objective for the company. Weiss Ratings reissued a "buy (b)" rating on shares of Walmart in a research note on Wednesday, October 8th. DA Davidson set a $117.00 price target on shares of Walmart in a research note on Wednesday. Finally, JPMorgan Chase & Co. dropped their price target on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a research note on Friday, August 22nd. Thirty-one investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $112.63.

Walmart Stock Performance

Shares of WMT stock opened at $107.80 on Friday. The firm has a market cap of $859.50 billion, a price-to-earnings ratio of 40.53, a P/E/G ratio of 5.08 and a beta of 0.67. 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 Inc. has a 52 week low of $79.81 and a 52 week high of $109.57. The firm's 50-day simple moving average is $101.69 and its two-hundred day simple moving average is $97.92.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly 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 net margin of 3.08% and a return on equity of 21.45%. The business had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. During the same period last year, the firm earned $0.67 EPS. The business'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 analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.

Insider Activity at Walmart

In other Walmart news, CTO Suresh Kumar sold 30,000 shares of the stock in a transaction on Friday, September 12th. The shares were sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the completion of the sale, the chief technology officer 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 sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction on Thursday, July 24th. The shares were sold at an average price of $95.58, for a total transaction of $1,855,781.28. Following the sale, the chief executive officer directly 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 disclosure for this sale can be found here. Insiders sold 151,038 shares of company stock worth $15,249,614 in the last 90 days. 0.10% of the stock is currently owned by corporate 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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