Walmart Inc. $WMT Shares Bought by Northeast Investment Management

Key Points

• Northeast Investment Management increased its stake in Walmart Inc. by 3.4%, now holding 376,725 shares worth approximately $36.8 million.
• Walmart's Q2 2026 earnings report showed a missing estimate with EPS of $0.68 compared to the expected $0.74, and a revenue of $169.34 billion against $174.02 billion expected.
• Walmart's stock has seen substantial interest from institutional investors, with holdings from various hedge funds increasing significantly, reflecting a 26.76% ownership stake by these entities.

Northeast Investment Management boosted its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 3.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 376,725 shares of the retailer's stock after acquiring an additional 12,464 shares during the quarter. Walmart comprises 1.6% of Northeast Investment Management's investment portfolio, making the stock its 17th biggest holding. Northeast Investment Management's holdings in Walmart were worth $36,836,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Operose Advisors LLC lifted its position in Walmart by 319.7% during the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock worth $28,000 after acquiring an additional 243 shares during the period. PFS Partners LLC lifted its holdings in shares of Walmart by 267.8% in the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer's stock valued at $31,000 after buying an additional 233 shares during the period. Ridgewood Investments LLC lifted its holdings in shares of Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock valued at $32,000 after buying an additional 115 shares during the period. Bear Mountain Capital Inc. lifted its holdings in shares of Walmart by 98.2% in the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock valued at $32,000 after buying an additional 167 shares during the period. Finally, Clal Insurance Enterprises Holdings Ltd lifted its holdings in shares of Walmart by 432.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock valued at $32,000 after buying an additional 294 shares during the period. 26.76% of the stock is owned by institutional investors and hedge funds.

Walmart Stock Performance

NYSE WMT opened at $107.80 on Friday. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $109.57. The company has a market capitalization of $859.50 billion, a P/E ratio of 40.53, a PEG ratio of 5.08 and a beta of 0.67. The business has a 50 day moving average price of $101.69 and a 200 day moving average price of $97.92. 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 (NYSE:WMT - Get Free Report) last released its quarterly earnings data 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). The firm had revenue of $169.34 billion during the quarter, compared to analysts' expectations of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business's revenue for the quarter was up 4.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.67 earnings per share. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Sell-side analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently commented on the company. Oppenheimer raised their price target on Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a report on Wednesday, August 13th. Piper Sandler reissued an "overweight" rating and issued a $111.00 price target on shares of Walmart in a report on Wednesday, September 24th. Erste Group Bank raised Walmart from a "hold" rating to a "buy" rating in a report on Tuesday, August 5th. Wolfe Research assumed coverage on Walmart in a report on Thursday, September 18th. They issued an "outperform" rating and a $129.00 price target for the company. Finally, Bank of America raised their price target on Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a report on Wednesday, September 17th. Thirty-one equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat, Walmart presently has an average rating of "Moderate Buy" and a consensus price target of $112.63.

Insider Buying and Selling

In other Walmart news, EVP John R. Furner sold 13,125 shares of the firm's stock in a transaction 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 completion of the transaction, the executive vice president 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the firm'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 transaction, the chief executive officer directly owned 4,412,398 shares of the company's stock, valued at $421,737,000.84. The trade was a 0.44% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 151,038 shares of company stock worth $15,249,614. 0.10% of the stock is currently owned by corporate insiders.

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.

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