RB Capital Management LLC Buys Shares of 38,569 Walmart Inc. $WMT

Key Points

• RB Capital Management bought 38,569 Walmart shares worth approximately $4.37 million in the second quarter, making Walmart 0.9% of its portfolio. Institutional investors collectively own 26.76% of Walmart.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $131.88, despite several firms recently lowering their targets.
• Walmart exceeded quarterly expectations with $0.81 in earnings per share and $187.94 billion in revenue, while its shares opened at $104.87. Insiders have sold 77,292 shares worth $8.42 million over the past 90 days, largely under pre-arranged trading plans.

RB Capital Management LLC bought a new position in Walmart Inc. (NASDAQ:WMT - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 38,569 shares of the retailer's stock, valued at approximately $4,368,000. Walmart accounts for 0.9% of RB Capital Management LLC's holdings, making the stock its 28th biggest holding.

A number of other hedge funds and other institutional investors have also made changes to their positions in WMT. Entrust Financial LLC purchased a new stake in Walmart in the fourth quarter worth about $27,000. Merkkuri Wealth Advisors LLC purchased a new position in Walmart during the 1st quarter valued at about $29,000. Bay Harbor Wealth Management LLC raised its holdings in shares of Walmart by 57.4% in the 4th quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer's stock valued at $32,000 after purchasing an additional 105 shares in the last quarter. Sankala Group LLC bought a new stake in shares of Walmart in the 4th quarter valued at about $33,000. Finally, Motiv8 Investments LLC bought a new stake in shares of Walmart in the 4th quarter valued at about $34,000. Institutional investors own 26.76% of the company's stock.

Insiders Place Their Bets

In related news, EVP Daniel J. Bartlett sold 3,710 shares of the business's stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $113.10, for a total transaction of $419,601.00. Following the transaction, the executive vice president directly owned 626,299 shares in the company, valued at $70,834,416.90. The trade was a 0.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel Danker sold 50,644 shares of the company's stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $105.35, for a total value of $5,335,345.40. Following the transaction, the executive vice president directly owned 201,672 shares in the company, valued at $21,246,145.20. This represents a 20.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 77,292 shares of company stock worth $8,421,143. 0.09% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

WMT has been the topic of a number of recent research reports. Oppenheimer reiterated a "market perform" rating on shares of Walmart in a research note on Tuesday, August 25th. BMO Capital Markets reissued an "outperform" rating and issued a $126.00 price objective on shares of Walmart in a research note on Friday, August 21st. Citigroup lowered their target price on Walmart from $147.00 to $132.00 and set a "buy" rating for the company in a report on Friday, August 21st. Piper Sandler reaffirmed an "overweight" rating and set a $128.00 target price (down from $137.00) on shares of Walmart in a research report on Friday, August 21st. Finally, Wells Fargo & Company cut their price target on Walmart from $140.00 to $120.00 and set an "overweight" rating on the stock in a report on Friday, August 21st. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Walmart currently has a consensus rating of "Moderate Buy" and a consensus target price of $131.88.

Walmart Stock Up 1.7%

Shares of Walmart stock opened at $104.87 on Tuesday. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.41. The company has a market cap of $834.56 billion, a P/E ratio of 37.86, a PEG ratio of 3.92 and a beta of 0.61. The firm's 50 day moving average price is $111.65 and its 200-day moving average price is $120.24. Walmart Inc. has a 52-week low of $95.79 and a 52-week high of $135.15.

Walmart (NASDAQ:WMT - Get Free Report) last posted its earnings results on Thursday, August 20th. The retailer reported $0.81 EPS for the quarter, beating analysts' consensus estimates of $0.74 by $0.07. The company had revenue of $187.94 billion during the quarter, compared to analysts' expectations of $186.64 billion. Walmart had a net margin of 3.00% and a return on equity of 21.83%. Walmart's revenue for the quarter was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.68 earnings per share. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. On average, sell-side analysts predict that Walmart Inc. will post 2.87 EPS for the current fiscal year.

Walmart News Summary

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart agreed to pay $50 million to settle U.S. Justice Department allegations involving improperly filled opioid prescriptions. Although the settlement carries a financial cost and reputational risk, it is viewed favorably because it resolves litigation that had exposed the company to potentially billions of dollars in civil penalties. Walmart described the payment as immaterial. Walmart escapes major legal penalty for a fraction of the cost
• Positive Sentiment: Walmart’s U.S. marketplace sales increased 52%, supported by a broader product selection, greater use of fulfillment services and international expansion in Mexico and Canada. Sustaining this momentum could improve e-commerce growth and marketplace profitability. Walmart's Marketplace Momentum Builds
• Positive Sentiment: Tigress Financial reaffirmed its buy rating and set a $155 price target, implying substantial upside from recent trading levels. This reflects confidence in Walmart’s long-term earnings and growth prospects. Benzinga analyst rating
• Neutral Sentiment: Commentary highlights Walmart’s 53-year record of dividend increases and notes that the stock is well below its peak. However, its dividend yield remains relatively low and its valuation is still elevated compared with the broader market. Walmart dividend analysis
• Negative Sentiment: Erste Group Bank lowered its fiscal 2027 EPS estimates, signaling expectations for slower earnings growth or increased cost pressure. Walmart’s recent earnings-related share-price weakness also indicates that investors remain sensitive to the company’s premium valuation. FY2027 EPS Estimates for Walmart Cut

About Walmart

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.

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