Walmart Inc. $WMT is Laffer Tengler Investments Inc.'s 5th Largest Position

Key Points

• Laffer Tengler Investments Inc. has reduced its stake in Walmart by 2.4%, making it the fund's 5th largest position, valued at approximately $14.4 million.
• Several other institutional investors have significantly increased their stakes in Walmart, with Operose Advisors LLC raising its position by 319.7%.
• Walmart reported quarterly earnings of $0.68 per share, missing expectations, while a dividend of $0.235 is set to be paid on September 2nd, showcasing a yield of 90.0%.

Laffer Tengler Investments Inc. reduced its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 2.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 163,809 shares of the retailer's stock after selling 3,979 shares during the quarter. Walmart comprises about 3.1% of Laffer Tengler Investments Inc.'s investment portfolio, making the stock its 5th biggest position. Laffer Tengler Investments Inc.'s holdings in Walmart were worth $14,381,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Operose Advisors LLC lifted its position in Walmart by 319.7% in 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 last quarter. Bear Mountain Capital Inc. increased its position in Walmart by 98.2% during the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock valued at $32,000 after acquiring an additional 167 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd raised its stake in shares of Walmart by 432.4% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock valued at $32,000 after acquiring an additional 294 shares during the period. EQ Wealth Advisors LLC bought a new stake in shares of Walmart in the 1st quarter worth about $35,000. Finally, Lipe & Dalton lifted its holdings in shares of Walmart by 95.2% in the 1st quarter. Lipe & Dalton now owns 410 shares of the retailer's stock worth $36,000 after acquiring an additional 200 shares during the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently commented on WMT. KeyCorp upped their price target on shares of Walmart from $105.00 to $110.00 and gave the company an "overweight" rating in a report on Monday, June 9th. Guggenheim restated a "buy" rating and set a $115.00 target price (up previously from $112.00) on shares of Walmart in a research report on Monday. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Walmart in a research note on Monday, May 5th. Tigress Financial increased their price target on Walmart from $115.00 to $120.00 and gave the stock a "buy" rating in a report on Wednesday, July 2nd. Finally, Erste Group Bank upgraded Walmart from a "hold" rating to a "buy" rating in a report on Tuesday, August 5th. One research 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 stock. According to MarketBeat, Walmart currently has a consensus rating of "Buy" and an average target price of $110.00.

Walmart Stock Performance

WMT stock opened at $97.9050 on Friday. The business has a 50-day moving average price of $97.94 and a 200 day moving average price of $95.65. Walmart Inc. has a 1-year low of $75.01 and a 1-year high of $105.30. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.78 and a quick ratio of 0.22. The company has a market capitalization of $781.32 billion, a P/E ratio of 41.84, a PEG ratio of 4.93 and a beta of 0.66.

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 21.76% and a net margin of 2.75%.The business had revenue of $169.34 billion for the quarter, compared to analysts' expectations of $174.02 billion. During the same quarter in the previous year, the firm posted $0.67 EPS. Walmart'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 research analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Tuesday, September 2nd. Investors of record on Monday, August 18th will be paid a $0.235 dividend. This represents a yield of 90.0%. The ex-dividend date of this dividend is Friday, August 15th. Walmart's dividend payout ratio is currently 40.17%.

Insider Transactions at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of the company's stock in a transaction on Thursday, July 24th. The stock was sold at an average price of $95.58, for a total value of $1,855,781.28. Following the completion of the sale, the chief executive officer directly owned 4,412,398 shares in the company, valued at $421,737,000.84. This represents a 0.44% decrease in their position. The sale was disclosed in a filing 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 Friday, June 20th. The shares were sold at an average price of $95.24, for a total value of $380,960.00. Following the completion of the sale, the executive vice president owned 1,060,455 shares of the company's stock, valued at approximately $100,997,734.20. The trade was a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 88,841 shares of company stock valued at $8,565,205 in the last 90 days. 0.10% of the stock is owned by company insiders.

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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