Sunpointe LLC Grows Stake in Walmart Inc. $WMT

Key Points

• Sunpointe LLC increased its stake in Walmart Inc. by 99.8% during the 2nd quarter, now owning 28,507 shares worth approximately $2.79 million.
• Insider trading activity has seen Walmart executives, including EVP John R. Furner, sell significant amounts of stock, with 151,232 shares sold in the last 90 days.
• Walmart's stock recently opened at $103.40, with a year-high of $105.30, and posted quarterly earnings of $0.68 EPS, missing estimates by $0.06.

Sunpointe LLC grew its position in Walmart Inc. (NYSE:WMT - Free Report) by 99.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 28,507 shares of the retailer's stock after purchasing an additional 14,237 shares during the quarter. Walmart comprises approximately 1.1% of Sunpointe LLC's investment portfolio, making the stock its 21st biggest holding. Sunpointe LLC's holdings in Walmart were worth $2,787,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Operose Advisors LLC lifted its stake in shares of Walmart by 319.7% during the first quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock worth $28,000 after buying an additional 243 shares during the period. Bear Mountain Capital Inc. lifted its stake in shares of 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 buying an additional 167 shares during the period. Clal Insurance Enterprises Holdings Ltd lifted its stake in shares of 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 buying an additional 294 shares during the period. EQ Wealth Advisors LLC acquired a new stake in shares of Walmart during the first quarter worth $35,000. Finally, Lipe & Dalton lifted its stake in shares of Walmart by 95.2% during the first quarter. Lipe & Dalton now owns 410 shares of the retailer's stock worth $36,000 after buying an additional 200 shares during the period. 26.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Walmart

In related news, EVP John R. Furner sold 13,125 shares of the company's stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $98.55, for a total transaction of $1,293,468.75. Following the completion of the sale, the executive vice president owned 919,189 shares of the company's stock, valued at approximately $90,586,075.95. This represents a 1.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Daniel J. Bartlett sold 1,610 shares of the company's stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $103.71, for a total transaction of $166,973.10. Following the sale, 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 position. The disclosure for this sale can be found here. Insiders have sold 151,232 shares of company stock worth $14,822,719 in the last 90 days. 0.10% of the stock is owned by insiders.

Walmart Stock Down 0.3%

Shares of NYSE WMT opened at $103.40 on Wednesday. Walmart Inc. has a 12-month low of $77.49 and a 12-month high of $105.30. The stock has a market cap of $824.39 billion, a PE ratio of 38.87, a P/E/G ratio of 4.98 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 has a 50-day moving average of $98.93 and a 200 day moving average of $95.48.

Walmart (NYSE:WMT - Get Free Report) last announced its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.06). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business had revenue of $169.34 billion for the quarter, compared to analysts' expectations of $174.02 billion. During the same period in the prior year, the company posted $0.67 EPS. The firm's revenue was up 4.8% on a year-over-year basis. 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 predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

WMT has been the subject of several research reports. JPMorgan Chase & Co. lowered their price objective on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a research note on Friday, August 22nd. Telsey Advisory Group boosted their target price on shares of Walmart from $115.00 to $118.00 and gave the company an "outperform" rating in a research report 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. Mizuho restated an "outperform" rating and set a $115.00 target price on shares of Walmart in a research report on Wednesday, August 13th. Finally, Truist Financial decreased 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. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of $110.76.

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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