Luminist Capital LLC Purchases Shares of 21,331 Walmart Inc. $WMT

Key Points

• Luminist Capital LLC has acquired 21,331 shares of Walmart, valued at approximately $1.87 million, which represents about 2.0% of their investment portfolio.
• Walmart recently reported a quarterly EPS of $0.68, missing estimates by $0.06, and its revenue increased by 4.8% year-over-year, totaling $169.34 billion.
• The company announced a dividend of $0.235 per share, with a yield of 90.0%, to be paid on September 2nd to shareholders of record on August 18th.

Luminist Capital LLC purchased a new stake in Walmart Inc. (NYSE:WMT - Free Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 21,331 shares of the retailer's stock, valued at approximately $1,873,000. Walmart comprises approximately 2.0% of Luminist Capital LLC's portfolio, making the stock its 12th biggest holding.

Several other large investors also recently modified their holdings of WMT. Operose Advisors LLC raised its position in shares of Walmart by 319.7% in the first quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock valued at $28,000 after purchasing an additional 243 shares during the period. Bear Mountain Capital Inc. raised its position in shares of Walmart by 98.2% in the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock valued at $32,000 after purchasing an additional 167 shares during the period. Clal Insurance Enterprises Holdings Ltd raised its position in shares of Walmart by 432.4% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock valued at $32,000 after purchasing an additional 294 shares during the period. EQ Wealth Advisors LLC bought a new position in shares of Walmart in the first quarter valued at about $35,000. Finally, Lipe & Dalton raised its position in shares of Walmart by 95.2% in the first quarter. Lipe & Dalton now owns 410 shares of the retailer's stock valued at $36,000 after purchasing an additional 200 shares during the period. 26.76% of the stock is owned by institutional investors.

Insider Activity

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of the firm's stock in a transaction dated Thursday, July 24th. The shares were sold at an average price of $95.58, for a total value of $1,855,781.28. Following the transaction, the chief executive officer directly owned 4,412,398 shares of the company's stock, valued at $421,737,000.84. This trade represents a 0.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP John R. Furner sold 13,125 shares of the firm's stock in a transaction dated Thursday, July 17th. The shares were sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the completion of the transaction, the executive vice president directly owned 932,313 shares in the company, valued at approximately $88,700,258.82. This represents a 1.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 88,841 shares of company stock valued at $8,565,205 in the last 90 days. 0.10% of the stock is owned by corporate insiders.

Walmart Price Performance

WMT stock opened at $96.8190 on Monday. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 12 month low of $75.01 and a 12 month high of $105.30. The firm has a market cap of $772.66 billion, a P/E ratio of 36.40, a P/E/G ratio of 4.65 and a beta of 0.66. The company's 50-day moving average price is $97.99 and its two-hundred day moving average price is $95.53.

Walmart (NYSE:WMT - Get Free Report) last released its 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). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. During the same period in the prior year, the business earned $0.67 earnings per share. Walmart's quarterly revenue was up 4.8% compared to the same quarter last year. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Announces Dividend

The company also recently announced a dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Monday, August 18th will be issued a $0.235 dividend. This represents a yield of 90.0%. The ex-dividend date of this dividend is Friday, August 15th. Walmart's dividend payout ratio (DPR) is currently 35.34%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on WMT shares. The Goldman Sachs Group increased their price objective on shares of Walmart from $101.00 to $114.00 and gave the company a "buy" rating in a research report on Friday. Truist Financial lowered their price target on shares of Walmart from $111.00 to $109.00 and set a "buy" rating on the stock in a research report on Friday. Citigroup reaffirmed a "buy" rating on shares of Walmart in a research report on Tuesday, May 6th. DA Davidson reaffirmed a "buy" rating and set a $117.00 price target on shares of Walmart in a research report on Friday, May 16th. Finally, Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Walmart in a research report on Monday, May 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Walmart has a consensus rating of "Buy" and an average price target of $110.07.

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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