Paralel Advisors LLC Has $26.40 Million Stock Position in Walmart Inc. $WMT

Key Points

• Paralel Advisors LLC reduced its stake in Walmart Inc. by 45.5%, selling 225,000 shares, which left it with a position worth approximately $26.4 million.
• Walmart's recent earnings report showed a miss in earnings per share at $0.68, compared to the expected $0.74, with revenues at $169.34 billion against estimates of $174.02 billion.
• Various institutional investors have increased their holdings in Walmart, with Operose Advisors LLC leading with a 319.7% increase in shares owned during the first quarter.

Paralel Advisors LLC lowered its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 45.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 270,000 shares of the retailer's stock after selling 225,000 shares during the quarter. Walmart accounts for about 1.1% of Paralel Advisors LLC's holdings, making the stock its 19th largest position. Paralel Advisors LLC's holdings in Walmart were worth $26,401,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in WMT. Operose Advisors LLC lifted its holdings 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 in the last quarter. PFS Partners LLC raised its position in Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer's stock valued at $31,000 after buying an additional 233 shares during the period. Ridgewood Investments LLC lifted its stake in Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock worth $32,000 after acquiring an additional 115 shares in the last quarter. Bear Mountain Capital Inc. boosted its position 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 period. Finally, Clal Insurance Enterprises Holdings Ltd grew its stake in Walmart by 432.4% during the 1st 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 in the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Walmart Stock Up 0.8%

Shares of WMT stock opened at $107.05 on Thursday. The stock's 50 day simple moving average is $101.92 and its 200 day simple moving average is $98.28. Walmart Inc. has a twelve month low of $79.81 and a twelve month high of $109.57. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The company has a market capitalization of $853.47 billion, a price-to-earnings ratio of 40.24, a PEG ratio of 5.00 and a beta of 0.67.

Walmart (NYSE:WMT - Get Free Report) last announced its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 the consensus estimate of $174.02 billion. During the same period in the previous year, the company earned $0.67 EPS. The firm's revenue for the quarter 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. As a group, research analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Analyst Ratings Changes

WMT has been the subject of a number of research analyst reports. Sanford C. Bernstein set a $117.00 price target on shares of Walmart and gave the stock an "outperform" rating in a research report 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. Bank of America lifted their target price on shares of Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a research note on Wednesday, September 17th. Piper Sandler restated an "overweight" rating and set a $111.00 price target on shares of Walmart in a report on Wednesday, September 24th. Finally, Erste Group Bank upgraded Walmart from a "hold" rating to a "buy" rating in a report on Tuesday, August 5th. Thirty-one analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $112.67.

Insiders Place Their Bets

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the firm's stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $103.83, for a total value of $415,320.00. Following the sale, the executive vice president owned 1,048,455 shares of the company's stock, valued at $108,861,082.65. This trade represents a 0.38% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CTO Suresh Kumar sold 30,000 shares of the company's stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $103.47, for a total value of $3,104,100.00. Following the transaction, the chief technology officer owned 1,787,200 shares of the company's stock, valued at approximately $184,921,584. This trade represents a 1.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 131,622 shares of company stock worth $13,444,273 in the last ninety days. 0.10% of the stock is owned by insiders.

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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