Walmart Inc. $WMT Shares Acquired by Voleon Capital Management LP

Key Points

• Voleon Capital Management LP increased its stake in Walmart Inc. by 56.4%, now owning 194,280 shares valued at approximately $17.06 million, making it the 9th largest holding in the fund's portfolio.
• Walmart's recent quarterly earnings report showed an EPS of $0.68, missing analysts' expectations, with revenue of $169.34 billion, which is lower than anticipated.
• Several investment firms have issued target price adjustments for Walmart, with Royal Bank Of Canada setting a target of $106.00 and Mizuho raising it to $115.00, reflecting mixed outlooks among analysts.

Voleon Capital Management LP grew its position in Walmart Inc. (NYSE:WMT - Free Report) by 56.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 194,280 shares of the retailer's stock after acquiring an additional 70,092 shares during the period. Walmart comprises about 1.3% of Voleon Capital Management LP's portfolio, making the stock its 9th largest holding. Voleon Capital Management LP's holdings in Walmart were worth $17,056,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Night Squared LP bought a new position in shares of Walmart in the 1st quarter valued at about $1,052,000. Monument Capital Management grew its position in shares of Walmart by 94.2% in the 1st quarter. Monument Capital Management now owns 55,004 shares of the retailer's stock valued at $4,829,000 after acquiring an additional 26,685 shares during the period. Ally Financial Inc. bought a new position in shares of Walmart in the 1st quarter valued at about $2,107,000. Gerber Kawasaki Wealth & Investment Management boosted its holdings in shares of Walmart by 34.6% during the 1st quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer's stock worth $3,355,000 after buying an additional 9,831 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in shares of Walmart by 11.8% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 7,959,752 shares of the retailer's stock worth $698,787,000 after buying an additional 838,689 shares during the period. Institutional investors own 26.76% of the company's stock.

Analysts Set New Price Targets

Several analysts recently commented on WMT shares. Truist Financial reduced their target price 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. The Goldman Sachs Group lifted their target price on shares of Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a report on Friday, August 22nd. Sanford C. Bernstein set a $117.00 price objective on shares of Walmart and gave the company an "outperform" rating in a report on Friday, August 22nd. DA Davidson reissued a "buy" rating and issued a $117.00 price objective on shares of Walmart in a report on Friday, May 16th. Finally, Guggenheim reissued a "buy" rating and issued a $115.00 price objective (up previously from $112.00) on shares of Walmart in a report on Monday, August 18th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of $110.76.

Insider Activity at Walmart

In other news, EVP John D. Rainey sold 2,200 shares of the company's stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $97.37, for a total transaction of $214,214.00. Following the completion of the sale, the executive vice president owned 623,918 shares of the company's stock, valued at approximately $60,750,895.66. This represents a 0.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the company's stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $98.55, for a total transaction of $1,293,468.75. Following the sale, the executive vice president directly owned 919,189 shares of the company's stock, valued at approximately $90,586,075.95. This trade represents a 1.41% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 121,382 shares of company stock worth $11,718,441 in the last 90 days. Corporate 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 company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The firm has a market capitalization 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. Walmart Inc. has a 12 month low of $76.49 and a 12 month high of $105.30. The firm has a 50 day moving average price of $98.38 and a 200 day moving average price of $95.22.

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

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.