913,559 Shares in Walmart Inc. $WMT Purchased by Soundwatch Capital LLC

Soundwatch Capital LLC purchased a new stake in Walmart Inc. (NYSE:WMT) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 913,559 shares of the retailer’s stock, valued at approximately $956,000.

A number of other institutional investors and hedge funds also recently modified their holdings of WMT. Access Investment Management LLC purchased a new stake in Walmart in the second quarter valued at approximately $26,000. Operose Advisors LLC boosted its holdings in shares of 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 purchasing an additional 243 shares during the last quarter. PFS Partners LLC grew its stake in shares of Walmart by 267.8% during the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after buying an additional 233 shares during the period. Ridgewood Investments LLC raised its position in shares of Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after buying an additional 115 shares during the period. Finally, Clal Insurance Enterprises Holdings Ltd grew its position in Walmart by 432.4% during the first 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. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Trading Down 1.7%

NYSE WMT opened at $105.29 on Friday. The stock has a market cap of $839.46 billion, a P/E ratio of 39.58, a PEG ratio of 4.83 and a beta of 0.67. The company’s fifty day simple moving average is $103.52 and its 200-day simple moving average is $99.90. 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 52 week low of $79.81 and a 52 week high of $109.57.

Walmart (NYSE:WMT) last released its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.02. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm had revenue of $179.50 billion for the quarter, compared to the consensus estimate of $175.15 billion. During the same quarter in the previous year, the firm posted $0.58 EPS. The firm’s quarterly revenue was up 5.8% on a year-over-year basis. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Equities research analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently commented on WMT. Telsey Advisory Group raised their price objective on Walmart from $118.00 to $130.00 and gave the stock an “outperform” rating in a report on Friday. BMO Capital Markets lifted their price target on shares of Walmart from $110.00 to $125.00 and gave the company an “outperform” rating in a research report on Friday. DA Davidson set a $130.00 price objective on shares of Walmart and gave the stock a “buy” rating in a research report on Friday. Bank of America raised their target price on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, September 17th. Finally, Oppenheimer upped their price target on shares of Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 13th. Thirty-one investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $118.55.

Insiders Place Their Bets

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction that occurred 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 transaction, the chief executive officer directly owned 4,392,985 shares of the company’s stock, valued at $421,594,770.45. This represents a 0.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction that occurred on Monday, October 20th. The shares were sold at an average price of $107.75, for a total value of $431,000.00. Following the transaction, the executive vice president owned 1,044,455 shares of the company’s stock, valued at approximately $112,540,026.25. This trade represents a 0.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 137,888 shares of company stock valued at $14,241,903. Insiders own 0.10% of the company’s stock.

About Walmart

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.