Walmart Inc. $WMT Stock Position Lifted by ST Germain D J Co. Inc.

Key Points

• ST Germain D J Co. Inc. increased its stake in Walmart by 2.1%, holding 182,066 shares valued at approximately $17.8 million as of the latest SEC filing.
• Wall Street analysts maintain a generally positive outlook on Walmart, with 29 analysts rating it as a "Buy" and a consensus target price of $112.38, reflecting expectations for growth despite recent earnings misses.
• Insider selling has occurred, with notable transactions from executives, including CEO C. Douglas McMillon selling 19,416 shares valued at about $1.86 million.

ST Germain D J Co. Inc. grew its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 2.1% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 182,066 shares of the retailer's stock after buying an additional 3,743 shares during the period. ST Germain D J Co. Inc.'s holdings in Walmart were worth $17,802,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the stock. Operose Advisors LLC increased its position in Walmart by 319.7% in the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock valued at $28,000 after acquiring an additional 243 shares during the period. Bear Mountain Capital Inc. increased its position 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 period. Clal Insurance Enterprises Holdings Ltd increased its position 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 period. Ridgewood Investments LLC increased its position in Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock valued at $32,000 after acquiring an additional 115 shares during the period. Finally, EQ Wealth Advisors LLC acquired a new stake in Walmart in the 1st quarter valued at approximately $35,000. Institutional investors own 26.76% of the company's stock.

Wall Street Analysts Forecast Growth

WMT has been the topic of several analyst reports. Evercore ISI restated an "outperform" rating and issued a $110.00 target price (up from $108.00) on shares of Walmart in a research report on Monday, August 18th. Mizuho restated an "outperform" rating and issued a $115.00 target price on shares of Walmart in a research report on Wednesday, August 13th. JPMorgan Chase & Co. lowered their target price on Walmart from $130.00 to $127.00 and set an "overweight" rating on the stock in a research report on Friday, August 22nd. KeyCorp raised their target price on Walmart from $105.00 to $110.00 and gave the company an "overweight" rating in a research report on Monday, June 9th. Finally, Tigress Financial lifted their price target on Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a research report on Wednesday, September 3rd. Twenty-nine analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $112.38.

Walmart Stock Performance

Shares of NYSE WMT opened at $103.14 on Friday. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $822.32 billion, a price-to-earnings ratio of 38.77, a PEG ratio of 4.86 and a beta of 0.65. The stock's fifty day simple moving average is $100.16 and its 200 day simple moving average is $96.03. Walmart Inc. has a 52-week low of $78.98 and a 52-week high of $106.11.

Walmart (NYSE:WMT - Get Free Report) last issued its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). The company had revenue of $169.34 billion during 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 business's revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous 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, sell-side analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the firm's stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $100.96, for a total value of $403,840.00. Following the completion of the sale, the executive vice president owned 1,052,455 shares of the company's stock, valued at $106,255,856.80. This trade represents a 0.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the firm's stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $95.97, for a total value 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 approximately $421,594,770.45. This trade represents a 0.44% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 151,232 shares of company stock valued at $15,077,519. Insiders own 0.10% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.