Walmart Inc. $WMT Shares Sold by Kendall Capital Management

Kendall Capital Management trimmed its holdings in shares of Walmart Inc. (NYSE:WMT) by 4.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,940 shares of the retailer’s stock after selling 175 shares during the quarter. Kendall Capital Management’s holdings in Walmart were worth $385,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Augustine Asset Management Inc. boosted its holdings in Walmart by 5.2% during the 2nd quarter. Augustine Asset Management Inc. now owns 15,155 shares of the retailer’s stock valued at $1,482,000 after acquiring an additional 744 shares during the period. Lloyd Advisory Services LLC. purchased a new stake in Walmart during the second quarter worth approximately $212,000. NovaPoint Capital LLC lifted its stake in Walmart by 0.9% during the second quarter. NovaPoint Capital LLC now owns 77,643 shares of the retailer’s stock worth $7,592,000 after purchasing an additional 664 shares during the last quarter. Cove Private Wealth LLC increased its position in Walmart by 99.1% during the second quarter. Cove Private Wealth LLC now owns 22,240 shares of the retailer’s stock worth $2,175,000 after buying an additional 11,069 shares during the period. Finally, Patton Fund Management Inc. acquired a new position in Walmart during the second quarter worth approximately $250,000. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on WMT. The Goldman Sachs Group boosted their target price on Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a report on Friday, August 22nd. Mizuho restated an “outperform” rating and set a $115.00 price objective on shares of Walmart in a research note on Wednesday, August 13th. JPMorgan Chase & Co. reduced their price target on Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a research report on Friday, August 22nd. Evercore ISI restated an “outperform” rating and issued a $110.00 target price (up previously from $108.00) on shares of Walmart in a research note on Monday, August 18th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $106.00 price target on shares of Walmart in a report on Friday, August 22nd. Twenty-nine analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Walmart has a consensus rating of “Moderate Buy” and an average price target of $112.38.

Walmart Stock Up 0.1%

NYSE WMT opened at $103.14 on Friday. 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 1-year low of $78.98 and a 1-year high of $106.11. The company has a 50 day moving average of $100.16 and a 200-day moving average of $96.11. The company has a market cap of $822.32 billion, a price-to-earnings ratio of 38.77, a PEG ratio of 4.86 and a beta of 0.65.

Walmart (NYSE:WMT) last released 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 net margin of 3.08% and a return on equity of 21.45%. The business had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. During the same quarter in the previous year, the firm posted $0.67 earnings per share. 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, equities research analysts expect that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Activity

In other news, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $100.96, for a total transaction of $403,840.00. Following the completion of the sale, the executive vice president directly owned 1,052,455 shares of the company’s stock, valued at approximately $106,255,856.80. The trade was a 0.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction dated Thursday, July 17th. The stock was sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the completion of the sale, the executive vice president owned 932,313 shares in the company, valued at approximately $88,700,258.82. This trade represents a 1.39% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 151,232 shares of company stock valued at $15,077,519 over the last 90 days. Company insiders own 0.10% of the company’s stock.

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.