Walmart Inc. $WMT Shares Sold by Edmond DE Rothschild Holding S.A.

Key Points

• Edmond DE Rothschild Holding S.A. reduced its stake in Walmart by 14.5%, owning 29,112 shares valued at $2,556,000 after selling 4,955 shares in the first quarter.
• Goldman Sachs Group Inc. increased their price target for Walmart from $101.00 to $114.00, while other analysts also adjusted their targets upwards, indicating a consensus bullish sentiment.
• Walmart reported $0.68 earnings per share for the last quarter, which was below analysts' expectations of $0.74, while revenue was 4.8% up year-over-year at $169.34 billion.

Edmond DE Rothschild Holding S.A. decreased its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 14.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 29,112 shares of the retailer's stock after selling 4,955 shares during the period. Edmond DE Rothschild Holding S.A.'s holdings in Walmart were worth $2,556,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Vanguard Group Inc. boosted its stake in shares of Walmart by 0.8% during the first quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer's stock worth $37,395,120,000 after buying an additional 3,224,154 shares during the period. Goldman Sachs Group Inc. raised its holdings in Walmart by 30.1% during the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer's stock worth $2,922,770,000 after purchasing an additional 7,706,201 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in Walmart by 1.3% during the first quarter. Ameriprise Financial Inc. now owns 30,874,987 shares of the retailer's stock worth $2,710,665,000 after purchasing an additional 387,424 shares in the last quarter. Nuveen Asset Management LLC raised its holdings in Walmart by 0.8% during the fourth quarter. Nuveen Asset Management LLC now owns 29,843,892 shares of the retailer's stock worth $2,696,396,000 after purchasing an additional 233,040 shares in the last quarter. Finally, Invesco Ltd. raised its holdings in Walmart by 2.9% during the first quarter. Invesco Ltd. now owns 29,188,142 shares of the retailer's stock worth $2,562,427,000 after purchasing an additional 823,020 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Walmart Trading Up 1.4%

Shares of Walmart stock opened at $100.86 on Friday. Walmart Inc. has a 12-month low of $76.30 and a 12-month high of $105.30. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The stock has a market cap of $804.17 billion, a PE ratio of 37.92, a price-to-earnings-growth ratio of 4.78 and a beta of 0.65. The company has a 50-day moving average of $98.23 and a two-hundred day moving average of $95.26.

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

Insider Buying and Selling at Walmart

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the firm's stock in a transaction that occurred on Monday, July 21st. The shares were sold at an average price of $95.14, for a total transaction of $380,560.00. Following the completion of the transaction, the executive vice president directly owned 1,056,455 shares of the company's stock, valued at $100,511,128.70. This trade represents a 0.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the firm's stock in a transaction that occurred on Friday, June 20th. The stock was sold at an average price of $95.85, for a total transaction of $1,258,031.25. Following the transaction, the executive vice president directly owned 945,434 shares of the company's stock, valued at approximately $90,619,848.90. This trade represents a 1.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 121,382 shares of company stock valued at $11,718,441. Company insiders own 0.10% of the company's stock.

Analysts Set New Price Targets

WMT has been the subject of several analyst reports. The Goldman Sachs Group increased their price target on shares of Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a report on Friday, August 22nd. Guggenheim reissued a "buy" rating and set a $115.00 price target (up from $112.00) on shares of Walmart in a report on Monday, August 18th. Oppenheimer increased their price target on shares of Walmart from $110.00 to $115.00 and gave the stock an "outperform" rating in a report on Wednesday, August 13th. JPMorgan Chase & Co. dropped their target price on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a report on Friday, August 22nd. Finally, KeyCorp increased their target price on shares of Walmart from $105.00 to $110.00 and gave the company an "overweight" rating in a report on Monday, June 9th. One 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 company. According to MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of $110.76.

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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