Walmart Inc. $WMT Shares Bought by Bridgeway Capital Management LLC

Key Points

• Bridgeway Capital Management LLC increased its stake in Walmart (NYSE:WMT) by 7.9%, now owning 219,241 shares valued at approximately $19.25 million.
• Several other institutional investors have significantly modified their holdings, with Nuveen LLC acquiring a new stake worth over $2.5 billion and GAMMA Investing LLC increasing its position by nearly 9,900%.
• Walmart's latest quarterly earnings missed estimates, reporting $0.68 EPS against a consensus of $0.74, and its revenue was $169.34 billion, falling short of the $174.02 billion expectation.

Bridgeway Capital Management LLC increased its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 7.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 219,241 shares of the retailer's stock after buying an additional 16,106 shares during the quarter. Walmart comprises about 0.5% of Bridgeway Capital Management LLC's holdings, making the stock its 25th largest position. Bridgeway Capital Management LLC's holdings in Walmart were worth $19,247,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in WMT. Operose Advisors LLC grew its holdings in shares of Walmart by 319.7% during the first quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock worth $28,000 after buying an additional 243 shares during the last quarter. Bear Mountain Capital Inc. boosted its holdings 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 purchasing an additional 167 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its holdings 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 purchasing an additional 294 shares in the last quarter. EQ Wealth Advisors LLC purchased a new stake in Walmart in the 1st quarter valued at approximately $35,000. Finally, Lipe & Dalton boosted its holdings in Walmart by 95.2% in the 1st quarter. Lipe & Dalton now owns 410 shares of the retailer's stock valued at $36,000 after purchasing an additional 200 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company's stock.

Walmart Price Performance

Shares of WMT stock traded up $1.42 during midday trading on Thursday, reaching $100.86. 15,629,600 shares of the company traded hands, compared to its average volume of 17,735,688. The firm's 50 day simple moving average is $98.23 and its two-hundred day simple moving average is $95.26. Walmart Inc. has a 1-year low of $76.30 and a 1-year high of $105.30. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. The firm 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.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly 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). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. During the same quarter in the previous year, the business posted $0.67 earnings per share. Walmart's revenue 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, equities research analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction that occurred on Thursday, July 24th. The stock was sold at an average price of $95.58, for a total transaction of $1,855,781.28. Following the completion of the transaction, the chief executive officer directly owned 4,412,398 shares in the company, valued at $421,737,000.84. 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 that occurred on Friday, June 20th. The stock was sold at an average price of $95.85, for a total value of $1,258,031.25. Following the transaction, the executive vice president owned 945,434 shares of the company's stock, valued at $90,619,848.90. This represents a 1.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 121,382 shares of company stock valued at $11,718,441. 0.10% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. JPMorgan Chase & Co. lowered their price objective on Walmart from $130.00 to $127.00 and set an "overweight" rating on the stock in a report on Friday, August 22nd. The Goldman Sachs Group lifted their price objective on Walmart from $101.00 to $114.00 and gave the company a "buy" rating in a report on Friday, August 22nd. DA Davidson reaffirmed a "buy" rating and issued a $117.00 price objective on shares of Walmart in a report on Friday, May 16th. Telsey Advisory Group lifted their price objective on Walmart from $115.00 to $118.00 and gave the company an "outperform" rating in a report on Friday, August 22nd. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $106.00 price objective on shares of Walmart in a report on Friday, August 22nd. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target 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.