Steph & Co. Invests $293,000 in Walmart Inc. $WMT

Key Points

• Steph & Co. has invested approximately $293,000 in Walmart Inc. by acquiring 3,000 shares in the second quarter, according to their recent 13F filing with the SEC.
• Analysts have shown optimism towards Walmart, with 29 investment analysts rating it a "Buy" and raising price targets from $110 to $125 in recent reports.
• The company's stock performance showed a mixed earnings report with a missed EPS estimate of $0.68 compared to the expected $0.74, despite a 4.8% revenue increase year-over-year.

Steph & Co. purchased a new stake in Walmart Inc. (NYSE:WMT - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 3,000 shares of the retailer's stock, valued at approximately $293,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in WMT. Weatherly Asset Management L. P. increased its holdings in shares of Walmart by 7.0% in the second quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer's stock valued at $5,489,000 after purchasing an additional 3,696 shares during the period. Gerber Kawasaki Wealth & Investment Management boosted its stake in shares of Walmart by 34.6% during the 1st quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer's stock worth $3,355,000 after acquiring an additional 9,831 shares in the last quarter. Ally Financial Inc. purchased a new stake in Walmart in the 1st quarter worth $2,107,000. Night Squared LP purchased a new stake in Walmart during the 1st quarter worth approximately $1,052,000. Finally, Monument Capital Management boosted its position in Walmart by 94.2% during the first quarter. Monument Capital Management now owns 55,004 shares of the retailer's stock worth $4,829,000 after acquiring an additional 26,685 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently commented on WMT shares. Sanford C. Bernstein set a $117.00 price objective on Walmart and gave the company an "outperform" rating in a report on Friday, August 22nd. Bank of America lifted their price target on Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a report on Wednesday, September 17th. Oppenheimer raised their price target on Walmart from $110.00 to $115.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 13th. Guggenheim restated a "buy" rating and set a $115.00 price target (up previously from $112.00) on shares of Walmart in a research note on Monday, August 18th. Finally, Truist Financial decreased their price target on Walmart from $111.00 to $109.00 and set a "buy" rating on the stock in a research note on Friday, August 22nd. Twenty-nine investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $112.38.

Insider Transactions at Walmart

In other news, EVP John D. Rainey sold 2,200 shares of the company's stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $97.37, for a total value of $214,214.00. Following the sale, the executive vice president owned 623,918 shares of the company's stock, valued at approximately $60,750,895.66. This represents a 0.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CTO Suresh Kumar sold 30,000 shares of the company's stock in a transaction 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 transaction, the chief technology officer directly owned 1,787,200 shares in the company, valued at approximately $184,921,584. This represents a 1.65% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 131,816 shares of company stock valued at $13,073,594. Corporate insiders own 0.10% of the company's stock.

Walmart Price Performance

Shares of Walmart stock opened at $103.03 on Friday. The stock has a market cap of $821.41 billion, a PE ratio of 38.73, a price-to-earnings-growth ratio of 4.84 and a beta of 0.65. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The company's 50-day moving average price is $99.99 and its two-hundred day moving average price is $95.92. Walmart Inc. has a 52 week low of $78.98 and a 52 week high of $106.11.

Walmart (NYSE:WMT - Get Free Report) last released its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share 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 net margin of 3.08% and a return on equity of 21.45%. The company's revenue was up 4.8% compared to the same quarter last year. During the same period last year, the firm 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, sell-side analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

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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