Walmart Inc. $WMT is Cullinan Associates Inc.’s 6th Largest Position

Cullinan Associates Inc. trimmed its holdings in Walmart Inc. (NYSE:WMT) by 1.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 567,621 shares of the retailer’s stock after selling 10,522 shares during the period. Walmart makes up 3.7% of Cullinan Associates Inc.’s investment portfolio, making the stock its 6th biggest holding. Cullinan Associates Inc.’s holdings in Walmart were worth $55,502,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of WMT. Operose Advisors LLC grew its stake 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 buying an additional 243 shares in the last quarter. PFS Partners LLC grew its stake in Walmart by 267.8% in 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 in the last quarter. Bear Mountain Capital Inc. grew its stake 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 buying an additional 167 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd grew its stake 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 buying an additional 294 shares in the last quarter. Finally, Ridgewood Investments LLC grew its stake 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 buying an additional 115 shares in the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Walmart Stock Performance

NYSE WMT opened at $102.70 on Tuesday. Walmart Inc. has a 52-week low of $78.98 and a 52-week high of $106.11. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The company has a market capitalization of $818.81 billion, a P/E ratio of 38.61, a P/E/G ratio of 4.81 and a beta of 0.67. The company has a fifty day moving average of $100.88 and a 200-day moving average of $96.87.

Walmart (NYSE:WMT) last posted its quarterly earnings data 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 return on equity of 21.45% and a net margin of 3.08%.The company had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. During the same period in the prior year, the firm posted $0.67 earnings per share. The business’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. As a group, equities research analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on WMT shares. Piper Sandler reiterated an “overweight” rating and issued a $111.00 price objective on shares of Walmart in a research note on Wednesday, September 24th. Erste Group Bank raised shares of Walmart from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. Evercore ISI reissued an “outperform” rating and issued a $110.00 price target (up from $108.00) on shares of Walmart in a report on Monday, August 18th. JPMorgan Chase & Co. cut their price target on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. Finally, Sanford C. Bernstein set a $117.00 price target on shares of Walmart and gave the company an “outperform” rating in a report on Friday, August 22nd. Thirty investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Walmart currently has a consensus rating of “Moderate Buy” and a consensus price target of $112.38.

Insider Activity at Walmart

In other news, EVP Daniel J. Bartlett sold 1,610 shares of Walmart stock in a transaction on Monday, September 15th. The shares were sold at an average price of $103.71, for a total transaction of $166,973.10. Following the completion of the sale, the executive vice president directly owned 645,968 shares of the company’s stock, valued at approximately $66,993,341.28. The trade was a 0.25% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, 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 sale, the executive vice president directly owned 621,718 shares of the company’s stock, valued at $62,998,684.94. This represents a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 151,232 shares of company stock worth $15,083,877 in the last three months. 0.10% of the stock is owned by insiders.

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.