MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Boosts Stock Position in Walmart Inc. $WMT

Key Points

• MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Walmart Inc. by 5.4%, owning 616,348 shares valued at approximately $54.1 million after acquiring an additional 31,470 shares.
• Walmart's recent earnings report showed a missed EPS target of $0.68 compared to the consensus estimate of $0.74, with revenue at $169.34 billion, falling short of expectations.
• Analysts have mixed ratings on Walmart, with JPMorgan cutting its price target from $130 to $127, while Goldman Sachs raised its target from $101 to $114, indicating a strong interest in the stock.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 5.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 616,348 shares of the retailer's stock after buying an additional 31,470 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.'s holdings in Walmart were worth $54,109,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of WMT. Brighton Jones LLC increased its holdings in Walmart by 28.8% in the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock valued at $8,868,000 after buying an additional 21,939 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in Walmart by 5.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer's stock valued at $800,000 after acquiring an additional 485 shares in the last quarter. Highview Capital Management LLC DE boosted its stake in Walmart by 4.9% in the fourth quarter. Highview Capital Management LLC DE now owns 36,945 shares of the retailer's stock valued at $3,338,000 after acquiring an additional 1,720 shares in the last quarter. First Manhattan CO. LLC. boosted its stake in Walmart by 2.8% in the fourth quarter. First Manhattan CO. LLC. now owns 145,400 shares of the retailer's stock valued at $13,543,000 after acquiring an additional 3,900 shares in the last quarter. Finally, Fiduciary Trust Co boosted its stake in Walmart by 4.0% in the fourth quarter. Fiduciary Trust Co now owns 132,958 shares of the retailer's stock valued at $12,013,000 after acquiring an additional 5,059 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company's stock.

Walmart Price Performance

Shares of WMT opened at $100.45 on Friday. Walmart Inc. has a fifty-two week low of $76.30 and a fifty-two week high of $105.30. The company has a market capitalization of $800.85 billion, a price-to-earnings ratio of 37.76, a price-to-earnings-growth ratio of 4.85 and a beta of 0.65. The firm has a 50-day simple moving average of $98.29 and a 200-day simple moving average of $95.24. 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 announced its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.06). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. During the same quarter last year, the company posted $0.67 EPS. Walmart's quarterly revenue 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. On average, equities research analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on WMT shares. JPMorgan Chase & Co. decreased their price objective 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. The Goldman Sachs Group upped their price objective on shares of Walmart from $101.00 to $114.00 and gave the company a "buy" rating in a research note on Friday, August 22nd. Evercore ISI restated an "outperform" rating and issued a $110.00 price objective (up previously from $108.00) on shares of Walmart in a research note on Monday, August 18th. Truist Financial decreased their price objective on shares of Walmart from $111.00 to $109.00 and set a "buy" rating for the company in a research note on Friday, August 22nd. Finally, DA Davidson restated a "buy" rating and issued a $117.00 price objective on shares of Walmart in a research note on Friday, May 16th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Walmart presently has a consensus rating of "Buy" and a consensus target price of $110.76.

Insider Transactions at Walmart

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the firm's stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $95.97, for a total value of $1,863,353.52. Following the completion of the sale, the chief executive officer owned 4,392,985 shares in the company, valued at $421,594,770.45. This trade represents a 0.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Daniel J. Bartlett sold 1,655 shares of the firm's stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $100.38, for a total transaction of $166,128.90. Following the completion of the sale, the executive vice president owned 647,578 shares of the company's stock, valued at approximately $65,003,879.64. The trade was a 0.25% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 121,382 shares of company stock valued at $11,718,441 over the last 90 days. Insiders own 0.10% of the company's stock.

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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