Walmart Inc. $WMT Stock Holdings Decreased by Meritage Portfolio Management

Key Points

• Meritage Portfolio Management reduced its Walmart holdings by 11.9% in the second quarter, selling 3,116 shares and holding a total of 23,030 shares worth $2.25 million.
• Analysts have a consensus rating of “Moderate Buy” for Walmart, with a price target averaging $112.38, reflecting optimism despite a missed earnings estimate in the last quarter.
• Walmart's stock saw a slight increase of 0.1%, with its recent trading range showing a 1-year low of $79.37 and a high of $106.11.

Meritage Portfolio Management lowered its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 11.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,030 shares of the retailer's stock after selling 3,116 shares during the period. Meritage Portfolio Management's holdings in Walmart were worth $2,252,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of WMT. Operose Advisors LLC lifted its stake in Walmart by 319.7% in the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock worth $28,000 after acquiring an additional 243 shares in the last quarter. PFS Partners LLC lifted its stake in Walmart by 267.8% in the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer's stock worth $31,000 after acquiring an additional 233 shares in the last quarter. Ridgewood Investments LLC lifted its stake in Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock worth $32,000 after acquiring an additional 115 shares in the last quarter. Bear Mountain Capital Inc. lifted its stake in Walmart by 98.2% in the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after acquiring an additional 167 shares in the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of Walmart by 432.4% during the first 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 period. Hedge funds and other institutional investors own 26.76% of the company's stock.

Analyst Ratings Changes

Several analysts recently commented on the stock. Tigress Financial raised their price target on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a report on Wednesday, September 3rd. Mizuho restated an "outperform" rating and set a $115.00 price target on shares of Walmart in a report on Wednesday, August 13th. Piper Sandler restated an "overweight" rating and set a $111.00 price target on shares of Walmart in a report on Wednesday, September 24th. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $106.00 target price on shares of Walmart in a research report on Friday, August 22nd. Finally, Oppenheimer upped their target price on Walmart from $110.00 to $115.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 13th. Thirty analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Walmart presently has a consensus rating of "Moderate Buy" and a consensus price target of $112.38.

Walmart Stock Up 0.1%

WMT stock opened at $101.86 on Monday. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 1 year low of $79.37 and a 1 year high of $106.11. The company has a fifty day simple moving average of $101.22 and a 200 day simple moving average of $97.34. The firm has a market cap of $812.10 billion, a PE ratio of 38.29, a PEG ratio of 4.80 and a beta of 0.67.

Walmart (NYSE:WMT - Get Free Report) last issued 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). The company had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business's revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the company 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. Sell-side analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CTO Suresh Kumar sold 30,000 shares of Walmart stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $103.47, for a total value of $3,104,100.00. Following the transaction, the chief technology officer owned 1,787,200 shares of the company's stock, valued at $184,921,584. This trade represents a 1.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $95.97, for a total transaction of $1,863,353.52. Following the completion of the transaction, the chief executive officer directly owned 4,392,985 shares in the company, valued at approximately $421,594,770.45. This represents a 0.44% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 151,232 shares of company stock worth $15,083,877. 0.10% of the stock is currently owned by company insiders.

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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