AHL Investment Management Inc. Lowers Holdings in Walmart Inc. $WMT

Key Points

• AHL Investment Management Inc. reduced its stake in Walmart by 14.0% in the second quarter, now holding 18,485 shares valued at approximately $1.8 million.
• Walmart reported earnings per share of $0.68 for the latest quarter, missing estimates by $0.06, with revenue of $169.34 billion, below the expected $174.02 billion.
• Several analysts raised their price targets for Walmart, with a consensus average target now at $112.03, indicating a generally optimistic outlook for the stock.

AHL Investment Management Inc. cut its stake in Walmart Inc. (NYSE:WMT - Free Report) by 14.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 18,485 shares of the retailer's stock after selling 3,003 shares during the period. AHL Investment Management Inc.'s holdings in Walmart were worth $1,807,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of WMT. Brighton Jones LLC boosted its holdings in Walmart by 28.8% in the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock worth $8,868,000 after purchasing an additional 21,939 shares during the period. Revolve Wealth Partners LLC boosted its stake in Walmart by 5.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer's stock valued at $800,000 after buying an additional 485 shares in the last quarter. Highview Capital Management LLC DE raised its holdings in shares of Walmart by 4.9% in the 4th quarter. Highview Capital Management LLC DE now owns 36,945 shares of the retailer's stock worth $3,338,000 after purchasing an additional 1,720 shares in the last quarter. Two Sigma Advisers LP lifted its position in shares of Walmart by 34.9% during the 4th quarter. Two Sigma Advisers LP now owns 66,900 shares of the retailer's stock valued at $6,044,000 after acquiring an additional 17,300 shares during the last quarter. Finally, Harmony Asset Management LLC bought a new stake in shares of Walmart during the 4th quarter worth $219,000. Hedge funds and other institutional investors own 26.76% of the company's stock.

Walmart Stock Performance

Shares of WMT traded down $1.20 during mid-day trading on Friday, hitting $102.40. 34,721,159 shares of the company's stock were exchanged, compared to its average volume of 16,094,947. The stock's 50-day simple moving average is $99.40 and its 200-day simple moving average is $95.64. The firm has a market cap of $816.42 billion, a price-to-earnings ratio of 38.50, a price-to-earnings-growth ratio of 4.82 and a beta of 0.65. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 52 week low of $78.11 and a 52 week high of $106.11.

Walmart (NYSE:WMT - Get Free Report) last posted its 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). The company had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business's quarterly revenue was up 4.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.67 EPS. 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 EPS for the current year.

Analysts Set New Price Targets

WMT has been the subject of several recent analyst reports. Mizuho reaffirmed an "outperform" rating and issued a $115.00 target price on shares of Walmart in a research report on Wednesday, August 13th. Erste Group Bank upgraded Walmart from a "hold" rating to a "buy" rating in a report on Tuesday, August 5th. KeyCorp raised their target price on Walmart from $105.00 to $110.00 and gave the company an "overweight" rating in a report on Monday, June 9th. Royal Bank Of Canada reiterated an "outperform" rating and issued a $106.00 price objective on shares of Walmart in a research note on Friday, August 22nd. Finally, Evercore ISI reiterated an "outperform" rating and issued a $110.00 price objective (up from $108.00) on shares of Walmart in a research note on Monday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, Walmart currently has an average rating of "Buy" and an average price target of $112.03.

Insiders Place Their Bets

In related news, EVP John D. Rainey sold 2,200 shares of the business's stock in a transaction on Friday, August 1st. The shares were sold at an average price of $98.30, for a total value of $216,260.00. Following the transaction, the executive vice president owned 626,118 shares in the company, valued at $61,547,399.40. The trade was a 0.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of the company's stock in a transaction dated 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 transaction, the chief executive officer owned 4,412,398 shares in the company, valued at $421,737,000.84. This represents a 0.44% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 134,107 shares of company stock valued at $13,183,727 over the last quarter. Company insiders own 0.10% of the company's stock.

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.