Walmart Inc. $WMT Position Reduced by Algert Global LLC

Key Points

• Algert Global LLC reduced its stake in Walmart Inc. by 83.9% in the first quarter, selling 67,651 shares and now holding 13,025 shares worth approximately $1.14 million.
• Walmart reported $0.68 EPS for the last quarter, falling short of analysts' expectations of $0.74, with revenue of $169.34 billion compared to estimates of $174.02 billion.
• The company plans to pay a dividend of $0.235 on September 2nd, with a dividend yield of 90.0% based on its recent payout ratio of 35.34%.

Algert Global LLC trimmed its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 83.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,025 shares of the retailer's stock after selling 67,651 shares during the quarter. Algert Global LLC's holdings in Walmart were worth $1,143,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in WMT. Nuveen LLC bought a new position in Walmart during the 1st quarter valued at $2,532,331,000. GAMMA Investing LLC lifted its position in Walmart by 9,896.9% in the 1st quarter. GAMMA Investing LLC now owns 7,939,728 shares of the retailer's stock valued at $697,029,000 after purchasing an additional 7,860,306 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in Walmart by 30.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer's stock valued at $2,922,770,000 after purchasing an additional 7,706,201 shares during the last quarter. Ontario Teachers Pension Plan Board increased its stake in Walmart by 28,684.8% during the 1st quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer's stock valued at $371,295,000 after buying an additional 4,214,661 shares during the period. Finally, Northern Trust Corp increased its stake in Walmart by 8.9% during the 4th quarter. Northern Trust Corp now owns 43,641,936 shares of the retailer's stock valued at $3,943,049,000 after buying an additional 3,550,037 shares during the period. 26.76% of the stock is currently owned by institutional investors.

Walmart Stock Performance

Shares of WMT opened at $96.8190 on Friday. Walmart Inc. has a one year low of $75.01 and a one year high of $105.30. The company has a 50-day moving average of $97.99 and a two-hundred day moving average of $95.63. The stock has a market cap of $772.66 billion, a price-to-earnings ratio of 36.40, a PEG ratio of 4.75 and a beta of 0.66. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.22.

Walmart (NYSE:WMT - Get Free Report) last announced its 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 return on equity of 21.45% and a net margin of 3.08%.The firm had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. During the same quarter in the previous year, the business earned $0.67 earnings per share. The business's quarterly revenue was up 4.8% compared to the same quarter last year. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, equities research analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Dividend Announcement

The company also recently announced a dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Monday, August 18th will be issued a $0.235 dividend. This represents a dividend yield of 90.0%. The ex-dividend date is Friday, August 15th. Walmart's dividend payout ratio (DPR) is presently 35.34%.

Wall Street Analysts Forecast Growth

WMT has been the topic of several research analyst reports. Robert W. Baird raised their target price on shares of Walmart from $100.00 to $110.00 and gave the company an "outperform" rating in a research note on Friday, May 16th. The Goldman Sachs Group raised their target price on shares of Walmart from $101.00 to $114.00 and gave the company a "buy" rating in a research note on Friday. Evercore ISI reissued an "outperform" rating and set a $110.00 target price (up previously from $108.00) on shares of Walmart in a research note on Monday. Oppenheimer raised their target price on shares of Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a research note on Wednesday, August 13th. Finally, DA Davidson reissued a "buy" rating and set a $117.00 target price on shares of Walmart in a research note on Friday, May 16th. 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 stock. Based on data from MarketBeat, Walmart has an average rating of "Buy" and an average price target of $110.07.

Insider Buying and Selling at Walmart

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the firm's stock in a transaction that occurred on Thursday, July 24th. The shares were sold at an average price of $95.58, for a total transaction 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 approximately $421,737,000.84. This trade represents a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Daniel J. Bartlett sold 1,655 shares of the firm's stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $100.38, for a total transaction of $166,128.90. Following the sale, the executive vice president owned 647,578 shares of the company's stock, valued at approximately $65,003,879.64. This represents a 0.25% 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. Corporate insiders own 0.10% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.