Sarasin & Partners LLP Sells 10,000 Shares of Walmart Inc. $WMT

Key Points

• Sarasin & Partners LLP has reduced its stake in Walmart Inc. by 16.7% during Q2, now holding 50,023 shares valued at approximately $4.89 million after selling 10,000 shares.
• Analysts are optimistic about Walmart, with multiple firms lifting their target prices, resulting in a consensus Buy rating and an average price target of $111.45.
• Walmart reported $0.68 EPS for the last quarter, missing estimates, with a revenue of $169.34 billion, which was below expectations due to a year-over-year growth of only 4.8%.

Sarasin & Partners LLP lessened its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 16.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 50,023 shares of the retailer's stock after selling 10,000 shares during the quarter. Sarasin & Partners LLP's holdings in Walmart were worth $4,891,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Gilman Hill Asset Management LLC boosted its holdings in Walmart by 15.3% in the second quarter. Gilman Hill Asset Management LLC now owns 13,398 shares of the retailer's stock valued at $1,310,000 after purchasing an additional 1,782 shares during the last quarter. Lineweaver Wealth Advisors LLC boosted its stake in Walmart by 20.1% during the 2nd quarter. Lineweaver Wealth Advisors LLC now owns 23,839 shares of the retailer's stock valued at $2,331,000 after purchasing an additional 3,993 shares during the period. Radnor Capital Management LLC grew its position in Walmart by 1.2% in the 2nd quarter. Radnor Capital Management LLC now owns 72,093 shares of the retailer's stock worth $7,049,000 after purchasing an additional 847 shares during the last quarter. Bruce G. Allen Investments LLC grew its position in Walmart by 22.7% in the 2nd quarter. Bruce G. Allen Investments LLC now owns 2,029 shares of the retailer's stock worth $198,000 after purchasing an additional 375 shares during the last quarter. Finally, DLK Investment Management LLC increased its position in Walmart by 0.7% in the 2nd quarter. DLK Investment Management LLC now owns 73,790 shares of the retailer's stock valued at $7,215,000 after acquiring an additional 478 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. lowered their price target on Walmart from $130.00 to $127.00 and set an "overweight" rating on the stock in a research report on Friday, August 22nd. 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. Mizuho reiterated an "outperform" rating and set a $115.00 price target on shares of Walmart in a research report on Wednesday, August 13th. Truist Financial lowered their price target on Walmart from $111.00 to $109.00 and set a "buy" rating on the stock in a research report on Friday, August 22nd. Finally, Telsey Advisory Group raised their price objective on Walmart from $115.00 to $118.00 and gave the stock an "outperform" rating in a research note on Friday, August 22nd. One investment analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Walmart presently has an average rating of "Buy" and an average price target of $112.03.

Insider Activity at Walmart

In other Walmart news, CTO Suresh Kumar sold 30,000 shares of Walmart stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the sale, the chief technology officer directly owned 1,787,200 shares of the company's stock, valued at approximately $184,921,584. The trade was a 1.65% 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, EVP John D. Rainey sold 2,200 shares of the business's stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $97.37, for a total value of $214,214.00. Following the completion of the transaction, the executive vice president directly owned 623,918 shares in the company, valued at $60,750,895.66. The trade was a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 134,107 shares of company stock valued at $13,183,727. Corporate insiders own 0.10% of the company's stock.

Walmart Stock Performance

NYSE:WMT traded down $1.20 during trading hours on Friday, hitting $102.40. 34,721,159 shares of the company traded hands, compared to its average volume of 18,962,293. Walmart Inc. has a twelve month low of $78.11 and a twelve month high of $106.11. The stock has a market capitalization of $816.42 billion, a price-to-earnings ratio of 38.50, a P/E/G ratio of 5.01 and a beta of 0.65. The firm has a 50-day moving average of $99.24 and a 200 day moving average of $95.58. 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 (NYSE:WMT - Get Free Report) last posted its quarterly 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). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. During the same quarter in the prior year, the firm earned $0.67 EPS. The firm's quarterly 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, analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

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.