Night Squared LP Buys Shares of 11,988 Walmart Inc. $WMT

Key Points

• Night Squared LP has acquired 11,988 shares of Walmart Inc., valued at approximately $1,052,000, marking a new position for the institutional investor in the retailer's stock.
• Analysts are adjusting their price targets for Walmart, with JPMorgan Chase lowering it from $130 to $127, while others like Evercore ISI and Tigress Financial have slightly increased their targets.
• Walmart's recent quarterly earnings showed an EPS of $0.68, missing estimates by $0.06, despite a year-over-year revenue growth of 4.8%.

Night Squared LP purchased a new position in shares of Walmart Inc. (NYSE:WMT - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,988 shares of the retailer's stock, valued at approximately $1,052,000.

Several other hedge funds also recently modified their holdings of the company. Operose Advisors LLC increased its stake 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 buying an additional 243 shares during the period. Bear Mountain Capital Inc. grew its holdings in Walmart by 98.2% during the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after acquiring an additional 167 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd raised its stake in shares of Walmart by 432.4% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock valued at $32,000 after acquiring an additional 294 shares during the last quarter. EQ Wealth Advisors LLC acquired a new position in shares of Walmart during the first quarter worth $35,000. Finally, Lipe & Dalton lifted its holdings in shares of Walmart by 95.2% during the first quarter. Lipe & Dalton now owns 410 shares of the retailer's stock worth $36,000 after purchasing an additional 200 shares during the period. Institutional investors and hedge funds own 26.76% of the company's stock.

Analysts Set New Price Targets

A number of research firms have commented on WMT. JPMorgan Chase & Co. reduced their price target on Walmart from $130.00 to $127.00 and set an "overweight" rating on the stock in a research report on Friday, August 22nd. Evercore ISI reiterated an "outperform" rating and issued a $110.00 target price (up from $108.00) on shares of Walmart in a report on Monday, August 18th. Truist Financial lowered their price target on shares of Walmart from $111.00 to $109.00 and set a "buy" rating for the company in a report on Friday, August 22nd. Tigress Financial upped their price objective on shares of Walmart from $115.00 to $120.00 and gave the company a "buy" rating in a research note on Wednesday, July 2nd. Finally, Guggenheim restated a "buy" rating and issued a $115.00 target price (up previously from $112.00) on shares of Walmart in a report on Monday, August 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $110.59.

Walmart Stock Performance

Shares of WMT opened at $96.97 on Friday. Walmart Inc. has a one year low of $75.67 and a one year high of $105.30. The company has a market cap of $773.85 billion, a PE ratio of 36.45, a P/E/G ratio of 4.62 and a beta of 0.66. The stock has a 50-day moving average of $98.12 and a 200-day moving average of $95.42. 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 (NYSE:WMT - Get Free Report) last announced 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). The firm had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm's revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.67 EPS. 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 predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insiders Place Their Bets

In other Walmart news, EVP Daniel J. Bartlett sold 1,655 shares of the business's stock in a transaction on 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 in the company, valued at approximately $65,003,879.64. The trade was a 0.25% decrease in their position. The sale was disclosed in a document filed with the SEC, 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 on Thursday, August 21st. The shares were sold at an average price of $98.55, for a total transaction of $1,293,468.75. Following the completion of the transaction, the executive vice president directly owned 919,189 shares in the company, valued at $90,586,075.95. This trade represents a 1.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 101,966 shares of company stock worth $9,858,673 in the last quarter. Insiders own 0.10% of the company's stock.

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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