Teza Capital Management LLC Sells 12,327 Shares of Walmart Inc. $WMT

Key Points

• Teza Capital Management LLC has reduced its stake in Walmart by 37.5%, selling 12,327 shares and now holding 20,536 shares, which comprise approximately 0.8% of its investment portfolio.
• Walmart reported a quarterly earnings miss with $0.68 EPS, below the consensus estimate of $0.74, and revenue of $169.34 billion, which also fell short of expectations.
• A majority of analysts currently rate Walmart as a "Buy", with a consensus price target of $110.76 following several upgrades from various research firms.

Teza Capital Management LLC cut its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 37.5% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 20,536 shares of the retailer's stock after selling 12,327 shares during the quarter. Walmart accounts for 0.8% of Teza Capital Management LLC's investment portfolio, making the stock its 11th largest holding. Teza Capital Management LLC's holdings in Walmart were worth $1,803,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Rise Advisors LLC increased its holdings in shares of Walmart by 11.1% during the first quarter. Rise Advisors LLC now owns 4,239 shares of the retailer's stock valued at $372,000 after acquiring an additional 424 shares in the last quarter. Royal Capital Wealth Management LLC increased its holdings in shares of Walmart by 4.5% during the first quarter. Royal Capital Wealth Management LLC now owns 22,566 shares of the retailer's stock valued at $1,981,000 after acquiring an additional 972 shares in the last quarter. Sandler Capital Management bought a new stake in shares of Walmart during the first quarter valued at approximately $2,458,000. Petrus Trust Company LTA increased its holdings in shares of Walmart by 60.4% during the first quarter. Petrus Trust Company LTA now owns 7,291 shares of the retailer's stock valued at $640,000 after acquiring an additional 2,746 shares in the last quarter. Finally, Plancorp LLC increased its holdings in shares of Walmart by 12.3% during the first quarter. Plancorp LLC now owns 60,314 shares of the retailer's stock valued at $5,295,000 after acquiring an additional 6,628 shares in the last quarter. Institutional investors own 26.76% of the company's stock.

Insiders Place Their Bets

In other Walmart news, EVP John R. Furner sold 13,125 shares of the company's stock in a transaction on Friday, June 20th. The stock was sold at an average price of $95.85, for a total value of $1,258,031.25. Following the completion of the transaction, the executive vice president owned 945,434 shares in the company, valued at $90,619,848.90. This represents a 1.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the company's stock in a transaction on Monday, July 21st. The shares were sold at an average price of $95.14, for a total value of $380,560.00. Following the completion of the transaction, the executive vice president owned 1,056,455 shares of the company's stock, valued at $100,511,128.70. This trade represents a 0.38% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 121,382 shares of company stock worth $11,718,441 over the last 90 days. Company insiders own 0.10% of the company's stock.

Walmart Stock Performance

NYSE:WMT traded up $1.75 during trading on Monday, reaching $102.26. The company's stock had a trading volume of 13,673,692 shares, compared to its average volume of 17,959,946. The firm has a market cap of $815.33 billion, a price-to-earnings ratio of 38.44, a price-to-earnings-growth ratio of 4.83 and a beta of 0.65. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The firm has a 50 day moving average of $98.38 and a 200-day moving average of $95.22. Walmart Inc. has a 12 month low of $76.49 and a 12 month high of $105.30.

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 analysts' consensus estimates of $0.74 by ($0.06). The business 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 firm's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter last 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. Research analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Telsey Advisory Group boosted their price objective on Walmart from $115.00 to $118.00 and gave the company an "outperform" rating in a report on Friday, August 22nd. Truist Financial decreased their price objective on Walmart from $111.00 to $109.00 and set a "buy" rating for the company in a report on Friday, August 22nd. Oppenheimer boosted their price objective on Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a report on Wednesday, August 13th. Evercore ISI reiterated an "outperform" rating and set a $110.00 price target (up previously from $108.00) on shares of Walmart in a report on Monday, August 18th. Finally, KeyCorp upped their price target on Walmart from $105.00 to $110.00 and gave the stock an "overweight" rating in a report on Monday, June 9th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $110.76.

About Walmart

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.