Sagespring Wealth Partners LLC Increases Position in Walmart Inc. $WMT

Key Points

• Sagespring Wealth Partners LLC increased its holdings in Walmart Inc. ($WMT) by 2.5% during the second quarter, now owning 128,189 shares valued at approximately $12.5 million.
• Several institutional investors have also significantly increased their holdings in Walmart, with Operose Advisors LLC seeing a 319.7% increase in the first quarter alone.
• Despite a recent stock price increase of 4.9%, Walmart reported a quarterly earnings miss, posting $0.68 EPS compared to analysts' expectations of $0.74.

Sagespring Wealth Partners LLC lifted its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 2.5% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 128,189 shares of the retailer's stock after acquiring an additional 3,095 shares during the quarter. Sagespring Wealth Partners LLC's holdings in Walmart were worth $12,534,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Operose Advisors LLC increased its holdings in 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 last quarter. PFS Partners LLC increased its holdings in Walmart by 267.8% in 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 last quarter. Bear Mountain Capital Inc. increased its holdings in Walmart by 98.2% in the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock valued at $32,000 after buying an additional 167 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd increased its holdings in Walmart by 432.4% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock valued at $32,000 after buying an additional 294 shares during the last quarter. Finally, Ridgewood Investments LLC increased its holdings in Walmart by 55.3% in the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock valued at $32,000 after buying an additional 115 shares during the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently weighed in on WMT. Evercore ISI reissued an "outperform" rating and issued a $110.00 price objective (up from $108.00) on shares of Walmart in a report on Monday, August 18th. Royal Bank Of Canada reissued an "outperform" rating and issued a $106.00 price objective on shares of Walmart in a report on Friday, August 22nd. Oppenheimer boosted their price objective on Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a report on Wednesday, August 13th. BTIG Research began coverage on Walmart in a report on Tuesday. They set a "buy" rating and a $120.00 target price for the company. Finally, Sanford C. Bernstein set a $117.00 target price on Walmart and gave the company an "outperform" rating in a report on Friday, August 22nd. Thirty-one analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $112.63.

Walmart Stock Up 4.9%

NYSE:WMT opened at $107.15 on Wednesday. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $107.92. The firm has a market capitalization of $854.27 billion, a PE ratio of 40.28, a price-to-earnings-growth ratio of 4.81 and a beta of 0.67. The stock has a 50 day moving average of $101.43 and a 200-day moving average of $97.53. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43.

Walmart (NYSE:WMT - Get Free Report) last issued its quarterly earnings data 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 business had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. During the same period last year, the company earned $0.67 earnings per share. The business's quarterly revenue 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. Analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Insiders Place Their Bets

In related news, CTO Suresh Kumar sold 30,000 shares of the 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 completion of the transaction, the chief technology officer directly owned 1,787,200 shares of the company's stock, valued at $184,921,584. This represents a 1.65% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $100.96, for a total value of $403,840.00. Following the completion of the transaction, the executive vice president directly owned 1,052,455 shares of the company's stock, valued at $106,255,856.80. This trade represents a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 149,488 shares of company stock valued at $14,917,151. 0.10% of the stock is owned by corporate 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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