Walmart Inc. $WMT Shares Sold by Concentric Capital Strategies LP

Key Points

• Concentric Capital Strategies LP significantly reduced its stake in Walmart Inc. by 85.2%, now owning just 17,767 shares, valued at $1.56 million after selling over 102,000 shares in the first quarter.
• Walmart reported quarterly earnings of $0.68 per share, missing estimates by $0.06, with a revenue of $169.34 billion, falling short of expectations.
• Multiple analysts have upgraded Walmart's stock ratings recently, with Goldman Sachs raising the price target from $101 to $114, indicating a buy rating.

Concentric Capital Strategies LP cut its stake in Walmart Inc. (NYSE:WMT - Free Report) by 85.2% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,767 shares of the retailer's stock after selling 102,219 shares during the period. Concentric Capital Strategies LP's holdings in Walmart were worth $1,560,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Operose Advisors LLC increased its stake in shares of 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. lifted its holdings in 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 acquiring an additional 167 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd lifted its holdings in 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 acquiring an additional 294 shares during the last quarter. EQ Wealth Advisors LLC purchased a new stake in Walmart during the first quarter valued at about $35,000. Finally, Lipe & Dalton increased its holdings in shares of Walmart by 95.2% in the 1st quarter. Lipe & Dalton now owns 410 shares of the retailer's stock valued at $36,000 after purchasing an additional 200 shares during the period. 26.76% of the stock is owned by institutional investors and hedge funds.

Walmart Trading Up 1.5%

NYSE WMT opened at $99.30 on Thursday. The stock has a market capitalization of $792.42 billion, a price-to-earnings ratio of 37.33, a PEG ratio of 4.66 and a beta of 0.65. Walmart Inc. has a 52 week low of $76.30 and a 52 week high of $105.30. The stock's 50 day moving average price is $98.14 and its two-hundred day moving average price is $95.29. 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 posted its quarterly earnings results 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 company had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period last year, the firm earned $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. As a group, analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have commented on WMT shares. The Goldman Sachs Group increased their price target on Walmart from $101.00 to $114.00 and gave the company a "buy" rating in a report on Friday, August 22nd. Tigress Financial raised their target price on Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a research note on Wednesday. Truist Financial lowered their target price on Walmart from $111.00 to $109.00 and set a "buy" rating for the company in a research note on Friday, August 22nd. Telsey Advisory Group raised their target price on Walmart from $115.00 to $118.00 and gave the stock an "outperform" rating in a report on Friday, August 22nd. Finally, Wall Street Zen upgraded Walmart from a "hold" rating to a "buy" rating in a report on Monday, May 12th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Walmart has an average rating of "Buy" and an average target price of $110.76.

Insider Buying and Selling

In related news, EVP Kathryn J. Mclay sold 4,000 shares of the business's stock in a transaction that occurred on Monday, July 21st. The stock was sold at an average price of $95.14, for a total transaction of $380,560.00. Following the transaction, the executive vice president directly owned 1,056,455 shares of the company's stock, valued at approximately $100,511,128.70. The trade was a 0.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the business's stock in a transaction that occurred 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 in the company, valued at $421,737,000.84. The trade was a 0.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 121,382 shares of company stock worth $11,718,441 over the last 90 days. Company insiders own 0.10% of the company's stock.

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.

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