Walmart Inc. $WMT Shares Sold by Permanens Capital L.P.

Key Points

• Permanens Capital L.P. reduced its stake in Walmart Inc. by 12.7%, selling 6,530 shares and now holding 45,025 shares valued at approximately $3.96 million.
• Walmart reported an earnings per share (EPS) of $0.68 for its most recent quarter, missing analyst estimates by $0.06, with total revenue of $169.34 billion.
• Several brokerages, including Evercore ISI and Goldman Sachs, have raised their price targets on Walmart stock, with consensus rating remaining a "Buy" and an average price target of approximately $110.76.

Permanens Capital L.P. reduced its position in Walmart Inc. (NYSE:WMT - Free Report) by 12.7% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 45,025 shares of the retailer's stock after selling 6,530 shares during the quarter. Walmart comprises about 0.7% of Permanens Capital L.P.'s holdings, making the stock its 19th largest position. Permanens Capital L.P.'s holdings in Walmart were worth $3,961,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Operose Advisors LLC grew its stake in shares of Walmart by 319.7% during the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock worth $28,000 after purchasing an additional 243 shares during the period. Bear Mountain Capital Inc. boosted its stake in shares of Walmart by 98.2% during the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after purchasing an additional 167 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its stake in shares of Walmart by 432.4% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock worth $32,000 after purchasing an additional 294 shares during the last quarter. EQ Wealth Advisors LLC purchased a new position in shares of Walmart during the 1st quarter worth about $35,000. Finally, Lipe & Dalton increased its holdings in shares of Walmart by 95.2% during the 1st quarter. Lipe & Dalton now owns 410 shares of the retailer's stock worth $36,000 after buying an additional 200 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company's stock.

Walmart Trading Down 0.5%

Walmart stock opened at $100.45 on Friday. The company has a 50 day moving average price of $98.29 and a 200 day moving average price of $95.24. Walmart Inc. has a 52 week low of $76.30 and a 52 week high of $105.30. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The firm has a market capitalization of $800.85 billion, a price-to-earnings ratio of 37.76, a P/E/G ratio of 4.85 and a beta of 0.65.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 EPS 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 firm had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. During the same period in the prior year, the business posted $0.67 EPS. 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. Research analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have weighed in on WMT. Evercore ISI reaffirmed an "outperform" rating and set a $110.00 price target (up from $108.00) on shares of Walmart in a research report on Monday, August 18th. KeyCorp lifted their price target on shares of Walmart from $105.00 to $110.00 and gave the stock an "overweight" rating in a research note on Monday, June 9th. Tigress Financial raised their target price on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a report on Wednesday. The Goldman Sachs Group upped their price target on shares of Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a research report on Friday, August 22nd. Finally, Royal Bank Of Canada restated an "outperform" rating and set a $106.00 price target on shares of Walmart in a research report on Friday, August 22nd. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Walmart has a consensus rating of "Buy" and an average price target of $110.76.

Insiders Place Their Bets

In other news, EVP John R. Furner sold 13,125 shares of the stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $98.55, for a total value of $1,293,468.75. Following the completion of the sale, the executive vice president directly owned 919,189 shares of the company's stock, valued at $90,586,075.95. This represents a 1.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $95.97, for a total transaction of $1,863,353.52. Following the completion of the sale, the chief executive officer directly owned 4,392,985 shares of the company's stock, valued at $421,594,770.45. This trade represents 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 valued at $11,718,441 over the last ninety days. 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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