1248 Management LLC Invests $196,000 in Walmart Inc. $WMT

1248 Management LLC purchased a new position in shares of Walmart Inc. (NYSE:WMT) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 2,227 shares of the retailer’s stock, valued at approximately $196,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of WMT. Nuveen LLC acquired a new stake in Walmart in the 1st quarter valued at approximately $2,532,331,000. GAMMA Investing LLC grew its stake in Walmart by 9,896.9% in the first quarter. GAMMA Investing LLC now owns 7,939,728 shares of the retailer’s stock valued at $697,029,000 after purchasing an additional 7,860,306 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Walmart by 30.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock worth $2,922,770,000 after acquiring an additional 7,706,201 shares during the period. Wellington Management Group LLP boosted its stake in shares of Walmart by 527.1% during the 1st quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer’s stock worth $591,620,000 after acquiring an additional 5,664,484 shares during the period. Finally, Ontario Teachers Pension Plan Board boosted its stake in shares of Walmart by 28,684.8% during the 1st quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer’s stock worth $371,295,000 after acquiring an additional 4,214,661 shares during the period. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Stock Up 0.9%

Shares of NYSE:WMT opened at $96.97 on Monday. The business’s 50 day simple moving average is $98.12 and its two-hundred day simple moving average is $95.29. The firm has a market cap of $773.85 billion, a P/E ratio of 36.45, a PEG ratio of 4.66 and a beta of 0.65. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. Walmart Inc. has a 52-week low of $75.67 and a 52-week high of $105.30.

Walmart (NYSE:WMT) last announced its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.06). The firm had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm’s revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.67 EPS. 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, research analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on WMT. Telsey Advisory Group lifted their price target on Walmart from $115.00 to $118.00 and gave the stock an “outperform” rating in a report on Friday, August 22nd. Wall Street Zen upgraded Walmart from a “hold” rating to a “buy” rating in a research report on Monday, May 12th. DA Davidson reissued a “buy” rating and set a $117.00 price target on shares of Walmart in a report on Friday, May 16th. Citigroup reissued a “buy” rating on shares of Walmart in a report on Tuesday, May 6th. Finally, The Goldman Sachs Group upped their target price on Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, August 22nd. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $110.59.

Insider Transactions at Walmart

In related news, EVP John R. Furner sold 13,125 shares of the stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $98.55, for a total transaction of $1,293,468.75. Following the completion of the sale, the executive vice president directly owned 919,189 shares of the company’s stock, valued at approximately $90,586,075.95. This trade represents a 1.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP John D. Rainey sold 2,200 shares of the stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $98.30, for a total value of $216,260.00. Following the sale, the executive vice president directly owned 626,118 shares of the company’s stock, valued at $61,547,399.40. The trade was a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 99,766 shares of company stock valued at $9,640,873. Corporate 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.