Walmart Inc. $WMT Shares Sold by 111 Capital

Key Points

• 111 Capital reduced its holdings in Walmart by 43.0%, selling 8,352 shares and reducing its total shares owned to 11,062, valued at approximately $1,082,000.
• Walmart's recent earnings report showed an EPS of $0.68, falling short of analysts' expectations of $0.74, while its revenue for the quarter was $169.34 billion, a 4.8% increase from the previous year.
• Analyst ratings for Walmart remain positive, with an average rating of "Moderate Buy" and a consensus target price of $112.38, up from previous targets set by various analysts.

111 Capital lowered its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 43.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,062 shares of the retailer's stock after selling 8,352 shares during the period. 111 Capital's holdings in Walmart were worth $1,082,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Hennessy Advisors Inc. acquired a new position in Walmart during the second quarter worth about $10,101,000. Tilia Fiduciary Partners Inc. raised its position in Walmart by 1.1% during the second quarter. Tilia Fiduciary Partners Inc. now owns 39,027 shares of the retailer's stock worth $3,816,000 after acquiring an additional 408 shares during the last quarter. QRG Capital Management Inc. raised its position in Walmart by 5.0% during the second quarter. QRG Capital Management Inc. now owns 1,613,823 shares of the retailer's stock worth $157,800,000 after acquiring an additional 77,184 shares during the last quarter. Wallington Asset Management LLC raised its position in Walmart by 3.8% during the second quarter. Wallington Asset Management LLC now owns 2,988 shares of the retailer's stock worth $292,000 after acquiring an additional 110 shares during the last quarter. Finally, Cape ANN Savings Bank raised its position in Walmart by 8.2% during the second quarter. Cape ANN Savings Bank now owns 14,431 shares of the retailer's stock worth $1,411,000 after acquiring an additional 1,097 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Insider Buying and Selling

In other news, EVP John D. Rainey sold 2,200 shares of the stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $101.33, for a total value of $222,926.00. Following the completion of the sale, the executive vice president owned 621,718 shares of the company's stock, valued at $62,998,684.94. This represents a 0.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction on Friday, September 19th. The stock was sold at an average price of $103.83, for a total transaction of $415,320.00. Following the completion of the sale, the executive vice president directly owned 1,048,455 shares of the company's stock, valued at $108,861,082.65. The trade was a 0.38% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 151,232 shares of company stock valued at $15,083,877. 0.10% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on WMT shares. Guggenheim reissued a "buy" rating and issued a $115.00 price objective (up previously from $112.00) on shares of Walmart in a research report on Monday, August 18th. Mizuho reissued an "outperform" rating and issued a $115.00 price objective on shares of Walmart in a research report on Wednesday, August 13th. Evercore ISI reissued an "outperform" rating and issued a $110.00 price objective (up previously from $108.00) on shares of Walmart in a research report on Monday, August 18th. Piper Sandler reissued an "overweight" rating and issued a $111.00 price objective on shares of Walmart in a research report on Wednesday, September 24th. Finally, KeyCorp boosted their price objective on shares of Walmart from $105.00 to $110.00 and gave the company an "overweight" rating in a research report on Monday, June 9th. Thirty analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $112.38.

Walmart Price Performance

Walmart stock opened at $102.15 on Friday. Walmart Inc. has a 1 year low of $78.98 and a 1 year high of $106.11. The firm has a 50 day moving average price of $100.77 and a 200 day moving average price of $96.68. The company has a market cap of $814.46 billion, a price-to-earnings ratio of 38.40, a PEG ratio of 4.81 and a beta of 0.67. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79.

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

Walmart Company 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.