Lecap Asset Management Ltd. Invests $251,000 in Walmart Inc. $WMT

Key Points

• Lecap Asset Management Ltd. has purchased a new stake in Walmart Inc. worth approximately $251,000, acquiring 2,566 shares during the second quarter.
• Walmart's latest earnings report revealed $0.68 EPS, missing analysts' expectations by $0.06, while the company's revenue was $169.34 billion for the quarter.
• Several analysts have increased their price targets for Walmart, with estimates now ranging from $110.00 to $125.00, and a consensus rating of "Moderate Buy."

Lecap Asset Management Ltd. bought a new stake in Walmart Inc. (NYSE:WMT - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,566 shares of the retailer's stock, valued at approximately $251,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Cliftonlarsonallen Wealth Advisors LLC increased its stake in Walmart by 18.3% in the second quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 20,548 shares of the retailer's stock valued at $2,009,000 after acquiring an additional 3,175 shares during the last quarter. Trust Co of Kansas increased its stake in Walmart by 6.3% in the second quarter. Trust Co of Kansas now owns 5,034 shares of the retailer's stock valued at $492,000 after acquiring an additional 300 shares during the last quarter. CHURCHILL MANAGEMENT Corp bought a new position in Walmart in the second quarter valued at $2,997,000. Wiser Wealth Management Inc increased its stake in Walmart by 76.0% in the second quarter. Wiser Wealth Management Inc now owns 5,864 shares of the retailer's stock valued at $573,000 after acquiring an additional 2,533 shares during the last quarter. Finally, EWA LLC increased its stake in Walmart by 3.9% in the second quarter. EWA LLC now owns 8,866 shares of the retailer's stock valued at $867,000 after acquiring an additional 336 shares during the last quarter. Institutional investors own 26.76% of the company's stock.

Walmart Stock Performance

Walmart stock opened at $102.15 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The firm has a 50-day moving average of $100.77 and a 200-day moving average of $96.61. The firm has a market cap of $814.46 billion, a P/E ratio of 38.40, a P/E/G ratio of 4.79 and a beta of 0.67. Walmart Inc. has a 1-year low of $78.98 and a 1-year high of $106.11.

Walmart (NYSE:WMT - Get Free Report) last posted its earnings results 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 firm had revenue of $169.34 billion for the quarter, compared to analysts' expectations of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business's revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the prior 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. Sell-side analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Insiders Place Their Bets

In other Walmart news, EVP Daniel J. Bartlett sold 1,610 shares of the firm's stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $103.71, for a total value of $166,973.10. Following the completion of the sale, the executive vice president directly owned 645,968 shares in the company, valued at $66,993,341.28. This trade represents a 0.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP John R. Furner sold 13,125 shares of the firm's stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $103.74, for a total transaction of $1,361,587.50. Following the completion of the sale, the executive vice president owned 906,064 shares of the company's stock, valued at $93,995,079.36. This trade represents a 1.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 151,232 shares of company stock valued at $15,083,877 over the last ninety days. 0.10% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms recently commented on WMT. Oppenheimer increased their target price on Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a research note on Wednesday, August 13th. Evercore ISI reaffirmed an "outperform" rating and set a $110.00 price objective (up from $108.00) on shares of Walmart in a research note on Monday, August 18th. The Goldman Sachs Group raised their price objective on Walmart from $101.00 to $114.00 and gave the company a "buy" rating in a research note on Friday, August 22nd. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $106.00 price objective on shares of Walmart in a research note on Friday, August 22nd. Finally, Bank of America raised their price objective on Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a research note on Wednesday, September 17th. Thirty 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.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $112.38.

Walmart Company 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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