Perpetual Ltd Has $973,000 Holdings in Walmart Inc. $WMT

Key Points

• Perpetual Ltd significantly reduced its stock holdings in Walmart Inc. by 62.1% during the second quarter, owning 9,956 shares valued at approximately $973,000 after the decrease.
• Walmart's stock has a current market cap of $816.42 billion and a price-to-earnings ratio of 38.50, with recent analyst ratings suggesting a consensus target price of $112.03.
• In its latest quarterly earnings report, Walmart reported earnings per share of $0.68, missing analyst estimates, with revenue of $169.34 billion, compared to expectations of $174.02 billion.

Perpetual Ltd cut its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 62.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,956 shares of the retailer's stock after selling 16,341 shares during the period. Perpetual Ltd's holdings in Walmart were worth $973,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC raised its stake in Walmart by 28.8% during the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock valued at $8,868,000 after purchasing an additional 21,939 shares during the period. Revolve Wealth Partners LLC raised its stake in Walmart by 5.8% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer's stock valued at $800,000 after purchasing an additional 485 shares during the period. Two Sigma Advisers LP raised its stake in Walmart by 34.9% during the 4th quarter. Two Sigma Advisers LP now owns 66,900 shares of the retailer's stock valued at $6,044,000 after purchasing an additional 17,300 shares during the period. GF Fund Management CO. LTD. acquired a new position in shares of Walmart in the fourth quarter worth $12,889,000. Finally, Retirement Planning Group LLC NY acquired a new position in shares of Walmart in the fourth quarter worth $475,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Walmart

In other news, EVP John R. Furner sold 13,125 shares of the business's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $98.55, for a total value of $1,293,468.75. Following the completion of the transaction, the executive vice president owned 919,189 shares of the company's stock, valued at $90,586,075.95. The trade was a 1.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of the business's stock in a transaction 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 completion of the transaction, the executive vice president directly owned 623,918 shares of the company's stock, valued at $60,750,895.66. This trade represents a 0.35% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 134,107 shares of company stock worth $13,183,727. 0.10% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Mizuho reaffirmed an "outperform" rating and issued a $115.00 price target on shares of Walmart in a research note on Wednesday, August 13th. JPMorgan Chase & Co. dropped their price target on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating on the stock in a research note on Friday, August 22nd. KeyCorp upped their price target on shares of Walmart from $105.00 to $110.00 and gave the stock an "overweight" rating in a research note on Monday, June 9th. Bank of America upped their price target on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a research note on Wednesday, September 17th. Finally, Guggenheim reiterated a "buy" rating and issued a $115.00 price objective (up from $112.00) on shares of Walmart in a report on Monday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $112.03.

Walmart Stock Performance

Shares of NYSE WMT traded up $0.46 during mid-day trading on Monday, hitting $102.79. The company had a trading volume of 12,856,457 shares, compared to its average volume of 18,927,965. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. The business's 50-day simple moving average is $99.40 and its 200-day simple moving average is $95.64. Walmart Inc. has a 12 month low of $78.98 and a 12 month high of $106.11. The firm has a market cap of $819.53 billion, a P/E ratio of 38.64, a PEG ratio of 4.82 and a beta of 0.65.

Walmart (NYSE:WMT - Get Free Report) last announced its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). The business had revenue of $169.34 billion for 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 for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $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. As a group, analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

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.