Stevens Capital Management LP Takes Position in Walmart Inc. $WMT

Stevens Capital Management LP acquired a new position in Walmart Inc. (NYSE:WMT) during the second quarter, Holdings Channel reports. The institutional investor acquired 32,046 shares of the retailer’s stock, valued at approximately $3,133,000.

Several other hedge funds have also recently added to or reduced their stakes in WMT. Atlas Legacy Advisors LLC increased its position in Walmart by 1.1% in the 2nd quarter. Atlas Legacy Advisors LLC now owns 8,707 shares of the retailer’s stock worth $851,000 after buying an additional 98 shares during the period. Bedel Financial Consulting Inc. boosted its position in shares of Walmart by 0.4% in the first quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer’s stock valued at $2,275,000 after acquiring an additional 102 shares during the period. Revolve Wealth Partners LLC grew its stake in shares of Walmart by 1.1% in the second quarter. Revolve Wealth Partners LLC now owns 9,830 shares of the retailer’s stock worth $961,000 after acquiring an additional 103 shares during the last quarter. RoundAngle Advisors LLC increased its position in Walmart by 0.4% during the second quarter. RoundAngle Advisors LLC now owns 25,995 shares of the retailer’s stock worth $2,542,000 after acquiring an additional 105 shares during the period. Finally, PCG Wealth Advisors LLC raised its stake in Walmart by 3.6% during the 2nd quarter. PCG Wealth Advisors LLC now owns 3,024 shares of the retailer’s stock valued at $296,000 after purchasing an additional 105 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. KeyCorp restated an “overweight” rating and issued a $120.00 price target (up from $110.00) on shares of Walmart in a research report on Friday. Guggenheim reissued a “buy” rating and set a $120.00 target price (up from $115.00) on shares of Walmart in a research report on Friday. BTIG Research reaffirmed a “buy” rating and issued a $125.00 price target (up previously from $120.00) on shares of Walmart in a report on Friday. Robert W. Baird raised their price objective on Walmart from $110.00 to $121.00 and gave the stock an “outperform” rating in a research report on Friday. Finally, Oppenheimer lifted their price objective on Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, August 13th. Thirty-one analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Walmart has a consensus rating of “Moderate Buy” and a consensus price target of $118.55.

Walmart Stock Down 1.7%

NYSE WMT opened at $105.29 on Friday. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $109.57. The company has a market capitalization of $839.46 billion, a price-to-earnings ratio of 39.58, a PEG ratio of 4.83 and a beta of 0.67. The stock’s 50 day moving average is $103.52 and its two-hundred day moving average is $99.89. 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) last issued its earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. The business had revenue of $179.50 billion during the quarter, compared to analysts’ expectations of $175.15 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.Walmart’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Equities analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Activity

In other Walmart news, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $101.33, for a total transaction of $222,926.00. Following the completion of the transaction, the executive vice president directly owned 621,718 shares of the company’s stock, valued at approximately $62,998,684.94. This trade represents a 0.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $95.97, for a total transaction of $1,863,353.52. Following the completion of the sale, the chief executive officer directly owned 4,392,985 shares in the company, valued at approximately $421,594,770.45. The trade was a 0.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 137,888 shares of company stock valued at $14,241,903. 0.10% of the stock is owned by company insiders.

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.