Sunbeam Capital Management LLC Boosts Stake in Walmart Inc. $WMT

Sunbeam Capital Management LLC raised its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 10.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,644 shares of the retailer's stock after buying an additional 2,470 shares during the quarter. Walmart comprises about 2.0% of Sunbeam Capital Management LLC's holdings, making the stock its 11th largest position. Sunbeam Capital Management LLC's holdings in Walmart were worth $2,605,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Operose Advisors LLC lifted its stake in Walmart by 319.7% during the first quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock worth $28,000 after purchasing an additional 243 shares during the last quarter. PFS Partners LLC lifted its stake in Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer's stock worth $31,000 after purchasing an additional 233 shares during the last quarter. Bear Mountain Capital Inc. lifted its stake in Walmart by 98.2% during the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after purchasing an additional 167 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd lifted its stake in Walmart by 432.4% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock worth $32,000 after purchasing an additional 294 shares during the last quarter. Finally, Ridgewood Investments LLC lifted its stake in Walmart by 55.3% during the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock worth $32,000 after purchasing an additional 115 shares during the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the company's stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $100.96, for a total transaction of $403,840.00. Following the completion of the transaction, the executive vice president owned 1,052,455 shares of the company's stock, valued at $106,255,856.80. This represents a 0.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP John R. Furner sold 13,125 shares of the company's stock in a transaction that occurred on Thursday, July 17th. The shares were sold at an average price of $95.14, for a total value of $1,248,712.50. Following the transaction, the executive vice president directly owned 932,313 shares of the company's stock, valued at $88,700,258.82. The trade was a 1.39% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 151,232 shares of company stock worth $15,083,877. 0.10% of the stock is currently owned by company insiders.

Walmart Trading Up 0.4%

WMT opened at $103.12 on Wednesday. The business has a 50 day simple moving average of $100.97 and a two-hundred day simple moving average of $96.92. The firm has a market capitalization of $822.14 billion, a price-to-earnings ratio of 38.77, a PEG ratio of 4.84 and a beta of 0.67. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. Walmart Inc. has a one year low of $79.07 and a one year high of $106.11.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). The business had revenue of $169.34 billion for 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 company's revenue for the quarter was up 4.8% on a year-over-year basis. During the same period in the previous year, the company 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. Analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have issued reports on WMT shares. Piper Sandler reaffirmed an "overweight" rating and set a $111.00 price target on shares of Walmart in a research note on Wednesday, September 24th. Guggenheim reissued 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. Tigress Financial boosted their target price on Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a research note on Wednesday, September 3rd. Oppenheimer boosted their target price on Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a research note on Wednesday, August 13th. Finally, Bank of America boosted their target price on Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a research note on Wednesday, September 17th. Thirty analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $112.38.

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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