Southern Capital Advisors LLC Sells 20,200 Shares of Walmart Inc. $WMT

Key Points

• Southern Capital Advisors LLC reduced its holdings in Walmart by 68.9%, selling 20,200 shares and now owning 9,115 shares valued at $891,000.
• Walmart's recent earnings report showed a miss in EPS at $0.68 compared to the expected $0.74, with revenues of $169.34 billion, falling short of the forecast of $174.02 billion.
• Analysts have varied price targets for Walmart, with Bank of America raising its target from $120 to $125 and giving it a "buy" rating, while the consensus target price stands at $112.38.

Southern Capital Advisors LLC lessened its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 68.9% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,115 shares of the retailer's stock after selling 20,200 shares during the quarter. Southern Capital Advisors LLC's holdings in Walmart were worth $891,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in WMT. Brighton Jones LLC boosted its position in shares of Walmart by 28.8% in the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock valued at $8,868,000 after acquiring an additional 21,939 shares during the period. Revolve Wealth Partners LLC boosted its position in shares of Walmart by 5.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer's stock valued at $800,000 after acquiring an additional 485 shares during the period. NorthCrest Asset Manangement LLC boosted its position in shares of Walmart by 15.8% in the fourth quarter. NorthCrest Asset Manangement LLC now owns 11,839 shares of the retailer's stock valued at $1,070,000 after acquiring an additional 1,618 shares during the period. Kera Capital Partners Inc. boosted its position in shares of Walmart by 17.3% in the first quarter. Kera Capital Partners Inc. now owns 2,679 shares of the retailer's stock valued at $235,000 after acquiring an additional 395 shares during the period. Finally, Versant Capital Management Inc boosted its position in shares of Walmart by 74.4% in the first quarter. Versant Capital Management Inc now owns 16,160 shares of the retailer's stock valued at $1,419,000 after acquiring an additional 6,893 shares during the period. Institutional investors own 26.76% of the company's stock.

Walmart Trading Up 0.1%

WMT stock opened at $103.14 on Friday. The company has a market capitalization of $822.32 billion, a PE ratio of 38.77, a price-to-earnings-growth ratio of 4.86 and a beta of 0.65. Walmart Inc. has a one year low of $78.98 and a one year high of $106.11. The company's 50 day moving average price is $100.16 and its two-hundred day moving average price is $96.03. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). The business had revenue of $169.34 billion for the quarter, compared to analysts' expectations of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The company's revenue was up 4.8% compared to the same quarter last year. During the same period last year, the business posted $0.67 earnings per share. 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.

Insider Buying and Selling at Walmart

In other Walmart news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, July 17th. The shares were sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the transaction, the executive vice president directly owned 932,313 shares of the company's stock, valued at approximately $88,700,258.82. This trade represents a 1.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CTO Suresh Kumar sold 30,000 shares of Walmart stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the transaction, the chief technology officer directly owned 1,787,200 shares in the company, valued at $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. Over the last three months, insiders sold 151,232 shares of company stock valued at $15,077,519. 0.10% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

WMT has been the subject of a number of analyst reports. Sanford C. Bernstein set a $117.00 price objective on shares of Walmart and gave the company an "outperform" rating in a research report on Friday, August 22nd. Bank of America raised their price objective on shares of Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a research report on Wednesday, September 17th. JPMorgan Chase & Co. dropped their target price on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a research report on Friday, August 22nd. Truist Financial dropped their target price on shares of Walmart from $111.00 to $109.00 and set a "buy" rating for the company in a research report on Friday, August 22nd. Finally, Wolfe Research initiated coverage on shares of Walmart in a research report on Thursday, September 18th. They set an "outperform" rating and a $129.00 target price for the company. Twenty-nine analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $112.38.

Walmart Company 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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