Nearwater Capital Markets Ltd Lowers Holdings in Walmart Inc. $WMT

Key Points

• Nearwater Capital Markets Ltd reduced its holdings in Walmart Inc. by 49.8% in the first quarter, owning 475,000 shares after selling 470,338 shares.
• Walmart's EPS for the last quarter was $0.68, missing analysts' expectations of $0.74, while total revenue was $169.34 billion.
• Analyst ratings for Walmart include multiple "buy" upgrades, with a consensus target price of $110.76 per share.

Nearwater Capital Markets Ltd reduced its stake in Walmart Inc. (NYSE:WMT - Free Report) by 49.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 475,000 shares of the retailer's stock after selling 470,338 shares during the period. Walmart makes up 1.2% of Nearwater Capital Markets Ltd's portfolio, making the stock its 17th biggest position. Nearwater Capital Markets Ltd's holdings in Walmart were worth $41,700,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Whelan Financial increased its position in Walmart by 2.3% during the fourth quarter. Whelan Financial now owns 4,339 shares of the retailer's stock worth $392,000 after buying an additional 97 shares during the period. Bedel Financial Consulting Inc. grew its position in shares of Walmart by 0.4% during the first quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer's stock worth $2,275,000 after acquiring an additional 102 shares during the last quarter. Scott & Selber Inc. grew its position in shares of Walmart by 3.7% during the first quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer's stock worth $256,000 after acquiring an additional 105 shares during the last quarter. Capital Advisors Wealth Management LLC increased its holdings in shares of Walmart by 1.4% in the 1st quarter. Capital Advisors Wealth Management LLC now owns 7,794 shares of the retailer's stock valued at $684,000 after acquiring an additional 105 shares during the period. Finally, Lauterbach Financial Advisors LLC raised its position in Walmart by 1.8% in the 1st quarter. Lauterbach Financial Advisors LLC now owns 5,885 shares of the retailer's stock valued at $517,000 after purchasing an additional 106 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors.

Walmart Trading Up 1.4%

Shares of WMT stock opened at $100.86 on Friday. The business's fifty day moving average price is $98.23 and its 200 day moving average price is $95.26. The firm has a market capitalization of $804.17 billion, a PE ratio of 37.92, a P/E/G ratio of 4.78 and a beta of 0.65. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. Walmart Inc. has a 1-year low of $76.30 and a 1-year high of $105.30.

Walmart (NYSE:WMT - Get Free Report) last issued 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 return on equity of 21.45% and a net margin of 3.08%.The company had revenue of $169.34 billion for the quarter, compared to analysts' expectations of $174.02 billion. During the same quarter in the previous year, the firm posted $0.67 earnings per share. Walmart'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. As a group, sell-side analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. Sanford C. Bernstein set a $117.00 price objective on shares of Walmart and gave the stock an "outperform" rating in a research report on Friday, August 22nd. Guggenheim reissued a "buy" rating and set a $115.00 price target (up previously from $112.00) on shares of Walmart in a report on Monday, August 18th. DA Davidson restated a "buy" rating and issued a $117.00 price target on shares of Walmart in a research report on Friday, May 16th. Erste Group Bank raised Walmart from a "hold" rating to a "buy" rating in a research report on Tuesday, August 5th. Finally, Mizuho reissued an "outperform" rating and issued a $115.00 target price on shares of Walmart in a report on Wednesday, August 13th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Walmart currently has a consensus rating of "Buy" and a consensus target price of $110.76.

Insider Activity

In other Walmart news, EVP Daniel J. Bartlett sold 1,655 shares of the company'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 transaction, the executive vice president directly owned 647,578 shares in the company, valued at approximately $65,003,879.64. This represents a 0.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $97.37, for a total transaction of $214,214.00. Following the sale, the executive vice president owned 623,918 shares of the company's stock, valued at approximately $60,750,895.66. The trade was a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 121,382 shares of company stock valued at $11,718,441 in the last quarter. 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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