USA Financial Formulas Cuts Stock Position in Walmart Inc. $WMT

Key Points

• USA Financial Formulas drastically reduced its stake in Walmart Inc. by 87.2%, selling 10,658 shares and now holding only 1,563 shares valued at $153,000.
• Several other hedge funds, including Weatherly Asset Management and Gerber Kawasaki, have increased their positions in Walmart, signaling a mixed sentiment among institutional investors.
• Walmart's recent earnings report showed a miss in EPS estimates, with reported earnings of $0.68 versus the expected $0.74, highlighting some ongoing challenges in revenue generation.

USA Financial Formulas lessened its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 87.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,563 shares of the retailer's stock after selling 10,658 shares during the period. USA Financial Formulas' holdings in Walmart were worth $153,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Weatherly Asset Management L. P. raised its stake in shares of Walmart by 7.0% in the 2nd quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer's stock valued at $5,489,000 after acquiring an additional 3,696 shares during the period. Gerber Kawasaki Wealth & Investment Management grew its holdings in Walmart by 34.6% during the 1st quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer's stock valued at $3,355,000 after purchasing an additional 9,831 shares in the last quarter. Ally Financial Inc. acquired a new stake in Walmart during the 1st quarter valued at $2,107,000. Night Squared LP acquired a new stake in Walmart during the 1st quarter valued at $1,052,000. Finally, Monument Capital Management grew its holdings in Walmart by 94.2% during the 1st quarter. Monument Capital Management now owns 55,004 shares of the retailer's stock valued at $4,829,000 after purchasing an additional 26,685 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Truist Financial lowered their price target on shares of Walmart from $111.00 to $109.00 and set a "buy" rating for the company in a report on Friday, August 22nd. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $106.00 price target on shares of Walmart in a report on Friday, August 22nd. Sanford C. Bernstein set a $117.00 price target on shares of Walmart and gave the company an "outperform" rating in a report on Friday, August 22nd. Wolfe Research assumed coverage on shares of Walmart in a report on Thursday, September 18th. They set an "outperform" rating and a $129.00 price target for the company. Finally, Piper Sandler reaffirmed an "overweight" rating and set a $111.00 price target on shares of Walmart in a report on Wednesday, September 24th. Twenty-nine equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, Walmart has an average rating of "Moderate Buy" and an average target price of $112.38.

Insider Buying and Selling at Walmart

In other news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction dated 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 completion of the transaction, the executive vice president directly owned 932,313 shares of the company's stock, valued at approximately $88,700,258.82. The trade was a 1.39% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CTO Suresh Kumar sold 30,000 shares of Walmart stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the completion of the transaction, the chief technology officer directly owned 1,787,200 shares of the company's stock, valued at $184,921,584. This trade represents a 1.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 151,232 shares of company stock valued at $15,083,877. Corporate insiders own 0.10% of the company's stock.

Walmart Price Performance

Shares of WMT stock opened at $101.77 on Friday. The firm has a market cap of $811.38 billion, a P/E ratio of 38.26, a P/E/G ratio of 4.81 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 1-year low of $78.98 and a 1-year high of $106.11. The firm has a fifty day moving average of $100.68 and a two-hundred day moving average of $96.50.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 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 during the quarter, compared to analyst estimates of $174.02 billion. During the same period last year, the firm posted $0.67 earnings per share. The company's quarterly 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, research analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

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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