Shellback Capital LP decreased its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 48.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 108,000 shares of the retailer's stock after selling 102,000 shares during the period. Shellback Capital LP's holdings in Walmart were worth $9,481,000 at the end of the most recent reporting period.
A number of other hedge funds also recently made changes to their positions in WMT. Full Sail Capital LLC boosted its position in shares of Walmart by 6.6% during the 4th quarter. Full Sail Capital LLC now owns 8,702 shares of the retailer's stock valued at $786,000 after acquiring an additional 541 shares during the last quarter. Night Squared LP purchased a new stake in Walmart during the first quarter valued at $1,052,000. Monument Capital Management lifted its position in Walmart by 94.2% during the first quarter. Monument Capital Management now owns 55,004 shares of the retailer's stock valued at $4,829,000 after purchasing an additional 26,685 shares during the last quarter. Ally Financial Inc. bought a new position in Walmart during the first quarter valued at $2,107,000. Finally, Gerber Kawasaki Wealth & Investment Management grew its stake in shares of Walmart by 34.6% in the 1st quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer's stock worth $3,355,000 after buying an additional 9,831 shares in the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.
Walmart Trading Up 1.7%
Shares of WMT stock traded up $1.75 on Monday, reaching $102.26. 13,673,692 shares of the company's stock were exchanged, compared to its average volume of 17,959,946. Walmart Inc. has a 52 week low of $76.49 and a 52 week 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 capitalization of $815.33 billion, a PE ratio of 38.44, a P/E/G ratio of 4.83 and a beta of 0.65. The company's fifty day simple moving average is $98.38 and its 200 day simple moving average is $95.22.
Walmart (NYSE:WMT - Get Free Report) last issued 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 firm had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company's revenue for the quarter was up 4.8% on a year-over-year basis. During the same period last year, the firm earned $0.67 earnings per share. 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 forecast that Walmart Inc. will post 2.55 EPS for the current year.
Analyst Upgrades and Downgrades
WMT has been the topic of several recent research reports. JPMorgan Chase & Co. decreased their target price on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating on the stock in a research report on Friday, August 22nd. Wall Street Zen raised Walmart from a "hold" rating to a "buy" rating in a research note on Monday, May 12th. Truist Financial cut their target price on Walmart from $111.00 to $109.00 and set a "buy" rating on the stock in a research report on Friday, August 22nd. Robert W. Baird raised their price target on Walmart from $100.00 to $110.00 and gave the stock an "outperform" rating in a research report on Friday, May 16th. Finally, Oppenheimer boosted their price objective on shares of Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a research report on Wednesday, August 13th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of $110.76.
View Our Latest Report on WMT
Insider Buying and Selling at Walmart
In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction 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. The trade was a 0.44% 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 Walmart stock in a transaction 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 sale, the executive vice president directly owned 919,189 shares of the company's stock, valued at approximately $90,586,075.95. This trade represents a 1.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 121,382 shares of company stock worth $11,718,441 over the last quarter. Insiders own 0.10% of the company's stock.
About Walmart
(
Free Report)
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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