Liberty One Investment Management LLC Sells 7,594 Shares of Walmart Inc. $WMT

Key Points

• Liberty One Investment Management LLC reduced its stake in Walmart Inc. by 11.9%, selling 7,594 shares during the 2nd quarter, and now holds 56,019 shares worth approximately $5.48 million.
• Significant investment activity includes Kingstone Capital Partners Texas LLC's massive increase of nearly 397,265% in its position, resulting in ownership of over 104 million shares, valued at $10.5 billion.
• Wall Street analysts maintain a consensus of "Moderate Buy" for Walmart, with price targets ranging from $115.00 to $120.00 from various firms, highlighting positive outlooks for the company's performance.

Liberty One Investment Management LLC reduced its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 11.9% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 56,019 shares of the retailer's stock after selling 7,594 shares during the quarter. Liberty One Investment Management LLC's holdings in Walmart were worth $5,478,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in WMT. Kingstone Capital Partners Texas LLC increased its position in Walmart by 397,264.9% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer's stock valued at $10,496,702,000 after acquiring an additional 104,488,610 shares during the period. Nuveen LLC acquired a new stake in shares of Walmart during the first quarter worth $2,532,331,000. Goldman Sachs Group Inc. increased its position 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 worth $2,922,770,000 after buying an additional 7,706,201 shares during the period. Wellington Management Group LLP increased its position in shares of Walmart by 527.1% during the first quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer's stock worth $591,620,000 after buying an additional 5,664,484 shares during the period. Finally, Ontario Teachers Pension Plan Board increased its position in shares of Walmart by 28,684.8% during the first quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer's stock worth $371,295,000 after buying an additional 4,214,661 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on WMT shares. Guggenheim reiterated a "buy" rating and set a $115.00 price objective (up from $112.00) on shares of Walmart in a research report on Monday, August 18th. BTIG Research started coverage on shares of Walmart in a research report on Tuesday, October 14th. They set a "buy" rating and a $120.00 price objective for the company. Telsey Advisory Group reiterated an "outperform" rating and set a $118.00 price objective on shares of Walmart in a research report on Wednesday, September 24th. JPMorgan Chase & Co. reduced their price target on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a report on Friday, August 22nd. Finally, DA Davidson set a $117.00 price target on shares of Walmart in a report on Wednesday, October 15th. Thirty-one investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, Walmart currently has a consensus rating of "Moderate Buy" and a consensus price target of $112.63.

Insider Buying and Selling

In other news, EVP John R. Furner sold 13,125 shares of the business's stock in a transaction that occurred on Thursday, October 16th. The shares were sold at an average price of $107.78, for a total value of $1,414,612.50. Following the sale, the executive vice president owned 892,940 shares of the company's stock, valued at $96,241,073.20. The trade was a 1.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP John D. Rainey sold 2,200 shares of the business's stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $101.33, for a total transaction of $222,926.00. Following the transaction, the executive vice president directly owned 621,718 shares of the company's stock, valued at approximately $62,998,684.94. This represents a 0.35% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 147,038 shares of company stock valued at $14,869,054. Corporate insiders own 0.10% of the company's stock.

Walmart Stock Performance

NYSE WMT opened at $107.06 on Tuesday. The company's 50 day moving average is $101.75 and its 200-day moving average is $98.16. Walmart Inc. has a 12-month low of $79.81 and a 12-month high of $109.57. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The firm has a market cap of $853.60 billion, a P/E ratio of 40.25, a price-to-earnings-growth ratio of 5.08 and a beta of 0.67.

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. Sell-side analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

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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