Union Bancaire Privee UBP SA Sells 143,943 Shares of Walmart Inc. $WMT

Key Points

• Union Bancaire Privee UBP SA has reduced its stake in Walmart Inc. by 56.1%, selling 143,943 shares and now holds 112,423 shares valued at approximately $10.99 million.
• Walmart's stock performance shows it opened at $103.07, with a 12-month range between $78.98 and $106.11, and a market capitalization of $821.76 billion.
• The company's recent earnings missed expectations, reporting $0.68 EPS against a consensus estimate of $0.74, while overall revenue increased by 4.8% year-over-year.

Union Bancaire Privee UBP SA trimmed its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 56.1% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 112,423 shares of the retailer's stock after selling 143,943 shares during the quarter. Union Bancaire Privee UBP SA's holdings in Walmart were worth $10,993,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Operose Advisors LLC lifted its position 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 period. PFS Partners LLC lifted its holdings in shares of Walmart by 267.8% during the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer's stock worth $31,000 after acquiring an additional 233 shares during the period. Bear Mountain Capital Inc. lifted its holdings in shares of Walmart by 98.2% during the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after acquiring an additional 167 shares during the period. Clal Insurance Enterprises Holdings Ltd lifted its holdings in shares of Walmart by 432.4% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock worth $32,000 after acquiring an additional 294 shares during the period. 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 institutional investors.

Walmart Stock Performance

NYSE:WMT opened at $103.07 on Wednesday. The company has a fifty day moving average of $100.45 and a 200-day moving average of $96.36. The firm has a market capitalization of $821.76 billion, a P/E ratio of 38.75, a P/E/G ratio of 4.86 and a beta of 0.65. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. Walmart Inc. has a twelve month low of $78.98 and a twelve month high of $106.11.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly 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). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. During the same period last year, the firm posted $0.67 earnings per share. The company's revenue for the quarter 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 anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Wall Street Analyst Weigh In

WMT has been the subject of several recent analyst reports. Piper Sandler restated an "overweight" rating and set a $111.00 target price on shares of Walmart in a research note on Wednesday, September 24th. Tigress Financial increased their target price on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a report on Wednesday, September 3rd. Sanford C. Bernstein set a $117.00 target price on shares of Walmart and gave the stock an "outperform" rating in a report on Friday, August 22nd. Mizuho reissued an "outperform" rating and issued a $115.00 price objective on shares of Walmart in a research note on Wednesday, August 13th. Finally, Telsey Advisory Group reissued an "outperform" rating and issued a $118.00 price objective on shares of Walmart in a research note on Wednesday, September 24th. Twenty-nine investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Walmart currently has a consensus rating of "Moderate Buy" and a consensus target price of $112.38.

Insiders Place Their Bets

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the business's stock in a transaction dated Thursday, September 25th. The stock was sold at an average price of $103.21, for a total value of $2,003,925.36. Following the completion of the sale, the chief executive officer directly owned 4,373,576 shares of the company's stock, valued at $451,396,778.96. The trade was a 0.44% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Daniel J. Bartlett sold 1,610 shares of the business's stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $103.71, for a total value of $166,973.10. Following the sale, the executive vice president 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 sold a total of 149,032 shares of company stock worth $14,860,951 over the last three months. Insiders own 0.10% of the company's stock.

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.

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