J. Safra Sarasin Holding AG Sells 79,026 Shares of Walmart Inc. $WMT

Key Points

• J. Safra Sarasin Holding AG sold 79,026 shares of Walmart, reducing its stake by 16.4% to 402,929 shares, valued at approximately $39.4 million.
• Several large investors, including Vanguard Group and Goldman Sachs, increased their positions in Walmart during recent quarters, indicating strong institutional interest in the stock.
• Walmart reported Q2 earnings with revenue of $169.34 billion and an EPS of $0.68, falling short of the consensus estimate of $0.74.

J. Safra Sarasin Holding AG decreased its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 16.4% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 402,929 shares of the retailer's stock after selling 79,026 shares during the period. J. Safra Sarasin Holding AG's holdings in Walmart were worth $39,398,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in shares of Walmart by 0.8% during the first quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer's stock valued at $37,395,120,000 after purchasing an additional 3,224,154 shares during the period. Kingstone Capital Partners Texas LLC boosted its stake in shares of Walmart by 397,264.9% during the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer's stock valued at $10,496,702,000 after purchasing an additional 104,488,610 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of Walmart by 30.1% during the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer's stock valued at $2,922,770,000 after purchasing an additional 7,706,201 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of Walmart by 1.3% during the first quarter. Ameriprise Financial Inc. now owns 30,874,987 shares of the retailer's stock valued at $2,710,665,000 after purchasing an additional 387,424 shares during the period. Finally, Invesco Ltd. boosted its stake in shares of Walmart by 2.9% during the first quarter. Invesco Ltd. now owns 29,188,142 shares of the retailer's stock valued at $2,562,427,000 after purchasing an additional 823,020 shares during the period. 26.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

WMT has been the subject of a number of recent analyst reports. Sanford C. Bernstein set a $117.00 target price on shares of Walmart and gave the company an "outperform" rating in a research note on Friday, August 22nd. Mizuho reaffirmed an "outperform" rating and issued a $115.00 price objective on shares of Walmart in a research note on Wednesday, August 13th. Oppenheimer upped their price objective on shares of Walmart from $110.00 to $115.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 13th. Bank of America upped their price objective on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a research note on Wednesday, September 17th. Finally, KeyCorp upped their price objective on shares of Walmart from $105.00 to $110.00 and gave the stock an "overweight" rating in a research note on Monday, June 9th. Thirty investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, Walmart has a consensus rating of "Moderate Buy" and an average target price of $112.38.

Walmart Stock Performance

WMT stock opened at $102.15 on Friday. The firm has a market cap of $814.46 billion, a price-to-earnings ratio of 38.40, a PEG ratio of 4.79 and a beta of 0.67. The firm has a 50-day simple moving average of $100.77 and a two-hundred day simple moving average of $96.61. Walmart Inc. has a one year low of $78.98 and a one year high of $106.11. 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 released its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). The firm 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 quarterly revenue was up 4.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.67 earnings per share. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, equities analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Buying and Selling at Walmart

In related news, 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 completion of the transaction, the executive vice president directly owned 1,048,455 shares of the company's stock, valued at $108,861,082.65. This trade represents a 0.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Daniel J. Bartlett sold 1,610 shares of the stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $103.71, for a total transaction of $166,973.10. Following the completion of the transaction, the executive vice president directly owned 645,968 shares of the company's stock, valued at $66,993,341.28. The trade was a 0.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 151,232 shares of company stock valued at $15,083,877. 0.10% of the stock is currently owned by corporate insiders.

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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