SeaTown Holdings Pte. Ltd. decreased its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 27.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 105,208 shares of the retailer's stock after selling 40,600 shares during the period. Walmart accounts for 6.1% of SeaTown Holdings Pte. Ltd.'s investment portfolio, making the stock its 6th biggest holding. SeaTown Holdings Pte. Ltd.'s holdings in Walmart were worth $10,287,000 at the end of the most recent reporting period.
A number of other hedge funds also recently bought and sold shares of the company. Trueblood Wealth Management LLC grew its position in shares of Walmart by 2.9% in the second quarter. Trueblood Wealth Management LLC now owns 21,519 shares of the retailer's stock valued at $2,104,000 after purchasing an additional 614 shares during the last quarter. Seamount Financial Group Inc. boosted its stake in Walmart by 16.6% during the 2nd quarter. Seamount Financial Group Inc. now owns 12,997 shares of the retailer's stock valued at $1,271,000 after purchasing an additional 1,849 shares during the period. SteelPeak Wealth LLC boosted its stake in Walmart by 9.6% during the 2nd quarter. SteelPeak Wealth LLC now owns 22,566 shares of the retailer's stock valued at $2,206,000 after purchasing an additional 1,982 shares during the period. Drake & Associates LLC grew its holdings in Walmart by 24.5% in the 2nd quarter. Drake & Associates LLC now owns 7,884 shares of the retailer's stock valued at $771,000 after buying an additional 1,552 shares during the last quarter. Finally, Heck Capital Advisors LLC increased its position in Walmart by 41.1% in the 2nd quarter. Heck Capital Advisors LLC now owns 12,677 shares of the retailer's stock worth $1,240,000 after buying an additional 3,695 shares during the period. 26.76% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on the company. Evercore ISI reissued an "outperform" rating and issued a $110.00 price objective (up from $108.00) on shares of Walmart in a research report on Monday, August 18th. Sanford C. Bernstein set a $117.00 target price on shares of Walmart and gave the company an "outperform" rating in a research note on Friday, August 22nd. Erste Group Bank upgraded shares of Walmart from a "hold" rating to a "buy" rating in a research report on Tuesday, August 5th. Guggenheim reiterated a "buy" rating and issued a $115.00 target price (up previously from $112.00) on shares of Walmart in a research note on Monday, August 18th. Finally, Bank of America boosted their price target on Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a research note on Wednesday, September 17th. Thirty equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $112.38.
Check Out Our Latest Stock Report on Walmart
Insider Activity at Walmart
In other Walmart news, EVP John R. Furner sold 13,125 shares of the stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $103.74, for a total transaction of $1,361,587.50. Following the sale, the executive vice president owned 906,064 shares of the company's stock, valued at $93,995,079.36. This represents a 1.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Daniel J. Bartlett sold 1,610 shares of the business's stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $103.71, for a total transaction of $166,973.10. Following the completion of the transaction, the executive vice president directly owned 645,968 shares of the company's stock, valued at approximately $66,993,341.28. This represents a 0.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 151,232 shares of company stock valued at $15,083,877. 0.10% of the stock is currently owned by company insiders.
Walmart Price Performance
NYSE:WMT opened at $103.12 on Wednesday. The firm has a market cap of $822.14 billion, a PE ratio of 38.77, a price-to-earnings-growth ratio of 4.84 and a beta of 0.67. Walmart Inc. has a 12 month low of $79.07 and a 12 month high of $106.11. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The company's 50-day moving average price is $100.97 and its two-hundred day moving average price is $96.92.
Walmart (NYSE:WMT - Get Free Report) last posted 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). The firm had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business's revenue was up 4.8% on a year-over-year basis. During the same quarter last year, the firm 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 analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.
Walmart Profile
(
Free Report)
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.
Further Reading
Want to see what other hedge funds are holding WMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walmart Inc. (NYSE:WMT - Free Report).
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